India has one of the highest industrial electricity rates in the
world, exceeding those in the US, in most developing countries and in
the Organization for Economic Co-operation and Development (OECD), both
in absolute terms and much more so on a PPP basis.24 This is largely to
finance subsidies to low income households and agriculture.
Electricity-intensive industries have responded by generating
electricity themselves, but have also been forced to economize on
electricity use, since all fuel prices have increased since the
nineties.
Source: Prayas Energy Group, Pune
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