Thursday, December 13, 2012

Can India's Power Sector Keep the Lights On?

The long-term prospects of the Indian power sector, despite uncertainty over the past few years, remain strong. The next 10 years will likely redefine the industry.

After nearly a decade of rapid growth marked by reform and investment, India's power sector has reached a new period of skepticism. Long-standing concerns about fuel availability, the financial health of state-owned distribution companies (discoms), and land and environmental issues have bubbled back up to the surface. Meanwhile, rising costs could threaten the viability of new projects (see sidebar: India's Power Industry Phases).

However, the Indian power sector still holds much promise for its stakeholders. Despite a gloomy short-term picture, the medium to long-term outlook appears to be much more optimistic.

See full Article: http://www.atkearney.com/paper/-/asset_publisher/dVxv4Hz2h8bS/content/can-india-s-power-sector-keep-the-lights-on-/10192