India's energy reform will disappoint industry, voters
As the energy crisis deepens, the government's cautious reform strategy will take the shine off Modi's election promises
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In this article
- Natural gas
- Declining sector
- Reform outlook
- Private sector pain
- Implications for NOCs
- Fiscal regime for exploration
- Production sharing vs revenue sharing
- Merits and risks of RSCs
- Cost of indecision
- Coal
- Deepening crisis
- Reform prospects
- Bright spot: downstream oil sector
- Improved prospects for private competition
- Reducing import costs
- Litmus test
- Renewables: Silver lining
- Curbing overenthusiasm
- Strategic challenge: regional energy cooperation
What is this?
This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.
_350.jpg "A worker sprays water over piles of coal as a bulldozer shifts coal in the western Indian state of Gujarat (Reuters/Amit Dave)")