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The Time To Privatise India’s Electricity Sector Is Now

Discoms impede the path to the large-scale investments needed to fuel India’s energy transition, write Akshay Jaitly & Ajay Shah.

<div class="paragraphs"><p>The cooling tower of a power plant stands behind an electrical grid in Patna, Bihar. (Photographer: Prashanth Vishwanathan/Bloomberg</p></div>
The cooling tower of a power plant stands behind an electrical grid in Patna, Bihar. (Photographer: Prashanth Vishwanathan/Bloomberg
Prime Minister Narendra Modi has made big commitments in Glasgow on behalf of India. Linking these commitments to the provision of climate finance and calling for a change in lifestyles was a smart move and will appeal to concerns for climate equity. India will nevertheless need to imagine the path for its own decarbonisation in greater detail. Ground-zero for this is the electricity sector, which is badly broken and needs major surg...
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