Petrol_Station Courtesy: Wikipedia
28 January 2016

Petrol prices back to 2003 level?

The common Indian complaint is that, despite a global trend of falling crude oil prices, the price of petrol has not reduced. However, if the dollar price is examined with the price of oil, it becomes clear that Indians are paying less for fuel now than they would have, had the 2003 pricing trend continued.

3153652073_58f713e5d8_o Courtesy: flickr
21 January 2016

Financial hedge for India’s oil risk

India could save $80 billion annually if oil prices stay at the current 12-year low. Policy-makers must use this opportunity to lock-in energy prices for the long-term. Financial markets, through futures and options, offer a way to make these savings permanent, and the Ministry of Finance must formulate ground rules for hedging.

OLYMPUS DIGITAL CAMERA Courtesy: Wikipedia
13 January 2016

Minigrids: the next energy access beacon

Village-scale solar powered minigrids are the most promising path for India to meet its linked aims of GDP growth and access to electricity for all. The Ministry of New and Renewable Energy is already active on this front, but a comprehensive and standardised national minigrid policy that facilitates private sector involvement and eases financing, will allow this model to flourish