The financialcashflowsofcongestioncostinvariouspricingmodes are studiedandthe allocationmechanisms for congestion costusingtradabletransmissionrights are also analyzed.
Some of the important elements of these measures include full cost recovery, increase in tariffs, privatisation of water supply and introduction of tradable water rights.
Although some CVRs are registered tradable securities, the majority are non-transferable because the issuing company does not want to incur the additional cost, disclosure obligations, and legal responsibilities associated with registering them with the SEC.