It is an interesting and unique thing about India: For every statement that is true, the exact opposite statement is also true. We want to tax more, and we want to tax-exempt more. We want to clean up, and we also want the right to litter. We want to expand clean energy, and we also want to expand the not-so-clean options. BloombergNEF wrote some months ago about how the country’s energy policy seems to be framed by a multi-headed hydra, with very conflicting ambitions. The three contradictions that stood out this year were:
Cheap power, or maybe not: The imposition of
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