Saturday, November 3, 2012

Power Trading In India

   The Power Trading Scam,in the USA,was the reason for this post,as Power Trading is practised in India,through Bourses.Power has been converted from a Utility into a Commodity!
FDI in Power Bourses!
   The danger of the US scam getting replicated in India is very high......
India's Power exchanges:-
2.IEX India. MORE on IEX.
     And here is the danger.A SAARC-based Electricty Market is being contemplated by over 30 Power Trading exchanges across the Globe....Globalization?Conversion of SAARC into a EU-Clone?the decision to sell 500MW Power to Pakistan,is very significant and diabolical,in this context.
To be continued........