Economic reform has few friends. This truism is visible today as the 2003 de-licensing of power generation capacity is being unfairly fingered as the culprit for the Rs 1 trillion bank debt turning delinquent due to pending or actual bankruptcy of the power projects. De-licensing of power generation delivered what it was supposed to – […]Read More Grandfather stranded power assets equitably
Elections are around the corner. Babus are petrified of taking decisions. But government is burning the midnight oil to grant “relief” to Reliance, Tata and Adanis to compensate for the poor planning and foresight of these companies under the guise of “protecting consumer interest”. The Central Electricity Regulatory Commission (CERC) decided in April 2013 […]Read More Gas and Power: shine a light please on “deals”.