Indian Economics thread.

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siegecrossbow

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You need energy. Either your own or enough imported supplies. If you import, you need to have enough exports to pay for the imports.
India is so massive the issue of how to get energy is much larger than it would be in smaller nations.

I still remember in the 1980s people claiming India did not need to go through the same development as other countries. They could just use solar, and they did not need expensive land based telecoms networks, they could just use satellites. BS. Never happened. Now the West is trying to convince India to use wind. It is the same usual tricks. You can't power a huge modern economy on renewables alone.
The best renewable power source for India would actually be hydropower. But for cultural reasons the government was never able to exploit it properly.

Correct. You need a stable power supply as the backbone of your power grid to prevent sudden spikes/troughs in the whole system. When solar/wind exceed grid's designed capacity some of them actually have to be left idle.
 
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