Go beyond power politics

November 21, 2014 14:01

India is structurally short of electricity. Power pricing is fundamentally disconnected, with retail tariffs significantly lower than the cost of production. Electricity losses, due to theft and illegal connections, account for more than 25% of power generated in India. Massive state electricity board bailouts have resulted in higher losses, mostly borne by public sector banks.

That's BJP MP Varun Gandhi writing for the Economic times. Read

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