Indian development is at a pivotal moment. From stagnant economic growth to a raging Current Account Deficit (CAD) Crisis, to widespread anger over corruption in politics, the inevitability of India's ascent no longer seems assured. The last of which explains why voters overwhelmingly supported the Aam Admi Party (AAP) ('common man' party) in recent elections. This newly minted party (formed out of the Anna Hazare anti corruption movement) has the people's support to clean up Indian politics starting in Delhi. The question now is whether the party of the people will focus on the element common to all three challenges facing India: energy.
The Indian government is going bankrupt paying foreign countries for fossil fuels (mostly oil but increasingly coal) that are powering a broken system that fails the poor but rewards widespread corruption.
Whether it's the $34 billion coal-gate scandal that rocked the Congress government or the financially broke state discoms, the system is a mess. Right now it is propping up a massive coal bubble that has left 300 million people without power while simultaneously killing around 100,000 people every year.
But how will the AAP's popular mandate make a people's energy system out of this morass? The answer is governance and accountability in the power grid.