The $15 Billion Tab India Could Have Avoided Picking

    India needs lots of coal to power its energy needs. Increasingly, the gap is being filled through imports. Yet, amazingly, the problem is not that there is a shortage of coal in the country but more the wherewithal to mine it.   Petroleum imports have always been the sore spot in India’s trade … Continued

Delhi ‘Power’ Story: Can Tariffs Be Actually Reduced?

  The ‘power’ price issue in Delhi just refuses to go away. The past few days have seen three major developments –distribution companies indicating the possibility of power cuts, the Delhi Government threatening to scrap their licenses, and the regulator allowing the utilities to hike prices.   Pre-elections, it was the ruling Aam Aadmi Party … Continued