Article : Impact Of Restructuring On The Financial Performance Of Organization: A Case Study Of Reforms In Gujarat Power Sector

Title

Impact Of Restructuring On The Financial Performance Of Organization: A Case Study Of Reforms In Gujarat Power Sector

Author

Dr. Nilam Panchal, Dr. W.C.Singh

Following successful experience of developed countries, power reforms in India followed suit. Restructuring of State Electricity Boards (SEBs) has been a major goal of the reforms in Indian power sector to make them financially and physically viable entity. The need for having SEBs of such stature was very critical not only to increase or sustain public sector investments, but also to encourage private investments in the power sector. The restructuring of Gujarat Electricity Board (GEB) is one of the important Change management exercise and regarded as transformation without chaos. The study attempts to analyze an impact of restructuring on the financial performance of organization.

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