By Somali K Chakrabarti Tata Power claims to charge lowest tariff in Mumbai . The above article appeared in The Economic Times, on 27th Jan, 2014. Here is an excerpt: As the demand to reduce power tariff is gaining momentum in Maharashtra, private utility Tata Power today claimed that its tariff is the lowest in the metropolis.… Read More Why Tata Power may cease to have the lowest power tariff in Mumbai
The import of coal has been one of the significant factors contributing to the Current Account Deficit (CAD) in India that touched 4.8 per cent (approx USD 88 billion) of India’s Gross Domestic Product (GDP) in 2012-13 period. Rising imports, coupled with fall in value of rupee, resulted in a drain of foreign exchange from… Read More Bottlenecks plaguing the coal sector in India
In mid- 2012, Kinder Morgan’s acquisition of El Paso for $38 billion, resulted in a combined company called Kinder Morgan, Inc which is the largest operator of natural gas pipelines in the U.S. with 22% of the U.S. natural gas pipeline network, connecting almost every gas field and consuming market in the U.S. The expanded… Read More Changing Global Energy Landscape with US Shale Gas – Part II
In the year 2009, United States surpassed Russia to become the world’s leader in natural gas production, with production continuing to increase to 80 billion cubic feet/day in 2012. U.S. natural gas reserves are at their highest point since 1971, and year-on-year reserve additions doubled from 2010 to 2011, as a result of shale production.… Read More Changing Global Energy Landscape with US Shale Gas – Part I
In my last post, I had written about the challenges faced by infrastructure sector in India. If we were to look into the reasons behind the challenges in India’s Infrastructure sector, we see that the problems can be broadly categorized into structural or procedural in nature. Structural reasons: Faulty incentives: Government organizations as well as the… Read More Challenges facing India’s Infrastructure Sector – Part II
Infrastructure development had been identified as a critical prerequisite for sustaining the growth momentum of the Indian economy. Given the huge infrastructure deficit that India is facing, government has increased the target for infrastructure outlay during the twelfth plan period (2012 – 2017) to one trillion dollars, about half of which is envisaged to come… Read More Public Private Participation in India – Issues & Challenges
Scribble and Scrawl 