Securing India’s energy future
India has got its electricity under control but still does not have an answer to its unrelenting thirst for imported crude. India has invested heavily in building up power plants to the extent there is a glut-like situation today. This year, India’s installed power capacity crossed 300 GW while peak power consumption is estimated in the range of just 140 GW. At least part of this excess capacity is lost as, at 27 per cent, the distribution and transmission losses [...]