COMMON SENSE SIMPLIFIED: THE DARK SIDE OF LIGHT

COMMON SENSE SIMPLIFIED: THE DARK SIDE OF LIGHT:

 The power wastage would continue to take its toll unless radical reforms are not put in place at the earliest. At the want of some drastic reforms in power distribution, losses can spiral up to 1.2 per cent of India’s nominal GDP by March 2014, according to an independent research by Avendus Securities. The populist agenda of not hiking power tariff are common in majority of the states thus stoking up the losses. Reports suggest that losses augmented to 0.9 per cent in FY 2010, a sea change from just 0.6 per cent in FY 2006. The power loss is eating away monstrous proportions with accumulated wastage being estimated at 23 per cent of the total input energy.

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