The Stealth Reform of India’s Electricity Sector by Arvind Subramanian, et al

The electrification of India’s economy remains a work in progress, mainly because transmission and distribution are in the hands of inefficient public utilities. But large business groups capable of generating and distributing their own electricity could upend the status quo.

WASHINGTON, DC/CHENNAI – As the use of energy-guzzling AI grows, the countries that embrace renewables will gain an obvious competitive advantage. And on this front, China has established a substantial lead. According to the Financial Times, the country is on track to source 50% of its power from renewables (mainly solar and wind, but also nuclear, hydro, and battery-storage systems) by 2028.