The India story, which predominantly reflects the way the economy is shaping up, is largely hinged to the power sector that is rapidly turning out to be the real-life force behind all developmental intents and initiatives. An increasing population and accelerated economic growth have consequently led to a surge in the demand for power to support the country’s urbanisation and industrialisation programmes.
India has had a worrisome past as far as its power sector is concerned: a track record marred by poor generation capability, missed capacity addition targets, inadequate and dilapidated transmission network, overburdened distribution system and leaping debts. But
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