The increasing demand-supply gap in the availability of power is becoming the most critical issue in the future of India’s economic development. In the recent period, shortage of coal and gas has emerged as a serious constraint on power generation with the supply of both fuels falling far short of demand.
In this context, given the fact that the Indian economy is among the more inefficient users of energy, highest and urgent priority needs to be given for energy-saving measures, which could include appropriate pricing policies and incentives to invest. With growing urbanisation, issues related to urban infrastructure have come to the forefront.