Don’t Report It: How Bihar Fights Crime

  Bihar—India’s third-most-populous state, with the country’s poorest people—has a crime rate lower than more prosperous states with fewer people, such as Gujarat, Kerala, Rajasthan and Madhya Pradesh, an IndiaSpend analysis of national crime data reveals.   If this is an analysis that is hard to believe—especially after a slaying in a road rage and … Continued

Cheaper Renewable Energy Soars Past Nuclear Power In India

  Renewable energy in India has overtaken nuclear power as the country seeks carbon-free sources of energy to balance its reliance on coal.   Renewable-energy generation in India is higher than its nuclear-power generation and is growing at a much faster pace because it is cheaper and quicker to install. The cost of renewable energy … Continued

How India Will Protect Nuclear Liabilities Of US Firms

  A $48-billion (Rs 3.26 lakh crore) penalty claimed by the US government from Volkswagen for cheating on diesel-car emissions is about 200 times as large as the $225 million (Rs 1,500 crore) insurance pool set up by Indian insurance companies to compensate US nuclear companies for mishaps in India.   If a US nuclear … Continued

Costs Plunge, Consumers Go Solar, Bypass Grid

  The price of solar energy has fallen by half over two years, with prices dropping from Rs 10-12 per unit to Rs 4.63 per unit in 2015, the price at which Sun Edison, a US company, offered to supply electricity in Andhra Pradesh recently, closely followed by another project.   At these levels, solar … Continued

Falling Global Gas Prices Bonanza For India

  Falling global gas prices have brought achche din (good days) for India’s beleaguered power-from-gas sector, ridden with unused power plants and struggling banks that have loaned billions to these projects.   Almost 18 months after it shut down due to a lack of liquefied natural gas (LNG), the Dabhol power plant in Maharashtra started … Continued

India’s Power Utilities Owe Banks $ 90 billion, Cripple Future

  India’s state electricity utilities collectively owe Indian banks Rs 545,922 crore ($90.5 billion), according to the Power Finance Corporation’s latest report.   This is a sum equivalent to two-and-a-half times the defence budget; roughly six times the amount that will be spent this financial year on building roads; and enough to wipe out India’s … Continued

58% Gas-Price Drop Offers India Power Boost

A picture taken in March 1999 of the Dabhol Power Project, 160 km south of Mumbai.   The Dabhol Power Project–once a showcase of foreign investment and state-of-the-art technology–owes Rs 8,500 crore to a group of banks including IDBI Bank, State Bank of India, ICICI Bank and Canara Bank, and has been idle since 2013 … Continued

Road Mishaps Kill 382 Daily – 1682 Times More Than Terrorism

  India’s daily death toll due to road accidents is more than four times the annual death toll from terrorism.   As many as 139,671 people lost their lives on India’s roads during 2014 – 382 deaths every day.   For comparison, the total number of deaths (civilians and security personnel) due to terrorism-related incidents … Continued