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Modi faces US$200b power dilemma in India
A WEAK link lurks in Indian Prime Minister Narendra Modi's push for an unprecedented US$200 billion expansion of clean energy: cash-starved state electricity distributors.
The retailers have racked up more than 2.5 trillion rupees (S$53.4 billion) of losses partly because
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- New Delhi-based Hero Future Energies
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- Narendra Modi
- Adani Enterprises Ltd.
- Reliance Power Ltd.
- SunEdison Inc. and Trina Solar Ltd. ReNew Power Ventures Pvt