If nothing is done, the country is set to become 83 per cent energy-import-dependent by 2040.
India will need an annual investment of Rs 15 trillion in infrastructure over the next five years, says Chandrajit Banerjee, DG, CII.
Power plant load factors are at historic lows of around 60 per cent.
Hard and unpopular decisions are needed - not just another round of financial repackaging to sort out the discom mess.