Reluctantly Redundant - The Real Cost of Power

 

Summary

India is burdened with a substantial power deficit resulting in vast tracts of the country, living in the dark shadows of frequent power outages. Meanwhile, India’s hapless citizens have already invested around Rs 100,000 crores in power back-up equipment due to the poor reliability of grid power. Unless the government and regulators craft solutions that address the specific power needs of different segments of society, we will all have no option but to invest in and maintain a high-level of power redundancy.