Electricity shortages have long been a constraint on India's growth, and this summer will see record shortages and rolling blackouts across the country. In some states, the supply shortfall is expected to range as high as 20 to 40 per cent in peak summer demand periods, placing consumers and producers under great stress.
But there is hope on the horizon. A concerted reform effort has helped staunch the losses of the inefficient state-owned transmission and distribution sector, and...
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