The poor financial condition of the UPPCL is considered to be a reason for the inadequate infrastructure and the Yogi govt’s inability to handle the electricity demand.
Switching to LNG alone will not grant India energy security. It must be backed up by increased electrification of cooking, industrial processes, and transportation.
Aluminum prices, already rising before the conflict, have gained further as traders and buyers focus on the potential for tighter markets and shrinking global inventories.
It’s easy to understand why the government can’t speak the hard truth. When this war ends, as all wars do, India’s interests will lie with both the winner and the loser.
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