SOLAR: THE ANSWER TO INDIA’S LONG TERM POWER NEEDS
Ms. Ratnottama Sengupta covers policies as a consultant in the Market Intelligence team at BRIDGE TO INDIA.
India is reeling under a power crisis as the northern grid failed for the second time in 48 hours, this time along with the eastern and north-eastern grids. As the Ministry of Power struggles to find a quick fix to restore power to 20 (out of 28) Indian states, we have to ask ourselves whether the country can rely on such erratic supply of power from the central grids.
- India’s power sector supplies inadequate and unstable power to the country, while the power demand is continuously on the rise
- India’s spotty track-record in building large scale infrastructure calls into question the entire concept of a centralized power infrastructure
- Solar is an increasingly attractive option for decentralized power supply to increase supply security and reduce power costs