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OPINION: Low energy costs will be key to India’s economic recovery

By Ashish FernandesIndia’s electricity sector is in trouble: generators are struggling with low demand, distribution companies (discoms) are burdened with mounting debt, adversely impacting both legacy (coal) and insurgent (renewables) generators. There is little confidence that the government bailouts have tackled the root of the problem. Unstemmed, the rot will start impacting India’s relatively successful clean energy transition as well struggling discoms will be hard pressed to purchase new solar or wind power despite the attractive tariffs, or invest in the grid modernization necessary for high renewables penetration and demand side management.While this plays out, air pollution levels are rising again, covid-19 remains a significant h.....

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