Power woes: Govt cracks whip on defaulting discoms, but is it enough?

India’s energy needs have always remained exhaustive and, as a result, the power sector’s desired pace of growth has been the biggest challenge for the Indian economy. With an estimated population of more than 1.3 billion and the Government of India’s recent policies to strive for 24×7 power for all, it is but natural that the country is faced with an ever-increasing demand for energy. As per the CEA’s June 2019 report, India currently has an installed capacity of around 357.88 GW with the private sector accounting for 46.4 percent of this capacity.

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