Germany Hopes to Help India Spread the Light
Germany Hopes to Help India Spread the Light
Indias acute electricity shortage, at sharp odds to its booming economy, is a focus at the Hanover Industrial Fair this week. Delhi wants to drum up more German investment in the sector.
The crisis started four years ago, remembers Satish Krishna Ambekar. We started facing load-shedding for four hours daily, said the 57-year-old entrepreneur, referring to the cutting off the electric current on certain lines when the demand becomes greater than the supply.
Ambekar, who runs a factory making confectionary cartons in Pune, close to Bombay, said the impact was ruinous: My workers sat idle, we couldnt meet our business commitments. The production losses were catastrophic. Like much of the manufacturing and corporate sector in India long used to the failings of the national grid, Ambekar invested in setting up his own captive electricity generating plant in order to survive.
More: dw-world.de