Pre Budget Expectations: Resurrecting power supply and renewable energy

Pratik Agarwal, MD, Sterlite Power
A $5 Trillion economy would mean a GDP per capita of about $3000. This can be possible only if the
industry is fueled with uninterrupted power supply at a per-unit cost comparable to that of China. In
this budget the focus needs to be on large scale reform in the ailing power distribution sector, with privatisation and competition being two key elements of any such reform. In addition to this,pension and insurance money needs to be channeled towards infrastructure assets so that developers can recycle their capital and exercise it towards creation of greenfield assets. This is much needed impetus in infrastructure financing in India.

Bharat Bhut, Director, Goldi Solar

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