The challenge of surplus power

Options with significant potential for creating demand do exist beyond traditional paradigm

Over the decades, power shortages and captive back-up power generation had become the norm. Today, India has the luxury of being surplus in power. One critical infrastructure constraint that was coming in the way of the country achieving its full growth potential is at last no longer there. This is primarily the result of the success in getting competitive private sector investment in generation, with private sector capacity addition exceeding that of the public sector in the last decade.
 
Swift and unexpected success presents new challenges. The modest quantity of electricity traded in the power exchanges has seen prices