Worst India Outage Highlights 60 Years of Missed Targets
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India’s worst-ever power crisis is the legacy of 60 years of missed investment targets and on current projections fixing the nation’s electricity supply is still decades away.
The network in Asia’s third-largest economy loses 27 percent of the power it carries through dissipation from wires and theft, while peak supply falls short of demand by an average of 9 percent, according to India’s Central Electricity Authority. Some 300 million people, or one in every four, remain without links to the grid and the number will still be about 150 million by 2030, according to the Paris-based International Energy Agency.