Kyusuibu Honbu
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- May 21, 2010
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India still has a long way to go. Current energy generation is still inadequate to meet off-peak demand.
And it's ironic that distrust of the state power grid leads to Indian companies being prepared for blackouts with their backup generators. With the effect of the blackout lessened, the impetus for the government to change would be even less, until an even greater failure occurs.
As well, energy subsidization in India is a failed policy as it deters privatization with energy generation as unprofitable is it already is, with the state companies running in debt to operate.
Even with all the problems settled, the Chinese companies won't be able to get into the market. The politicians would be too fearful of the backlash by patriotic voters.
Well, if that was the case Chinese generator companies would have never made it to India in the first place.
If the product is cheap and reliable, then obviously it"ll find customers in India.