Published: Sep 19, 2024, 06:10 IST | Updated: Sep 19, 2024, 06:10 IST
World Business Watch Sep 19, 2024, 06:10 IST
India's creaking power firms hampering energy transition
India's creaking power firms are hampering the country's energy transition ambitions. The electricity distribution industry has long struggled with mismanaged finances and spotty service. Power generation has advanced significantly in recent decades, with the expansion of supply to meet surging demand. The addition of more than 100 GigaWatts of renewable energy capacity in only the previous decade has also helped.