India's blackout offers lessons to China: Official media
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India's blackout offers lessons to China: Official media

Last Updated: Thursday, August 02, 2012, 20:54
 
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India's blackout offers lessons to China: Official media
Beijing: China, which is facing "development bottlenecks" in its path of development, should learn lessons from a large-scale power outage experienced by India this week, the state media here said Thursday.

"The large-scale power failure this week has affected half of the population in India.....Other developing countries including China can use the incident to reflect on their own problems," the Communist Party-run Global Times said in an editorial.

"India is stuck in a dilemma, but China is also facing a developing bottleneck. Its per capita electricity consumption is still much lower than the level of developed countries, but the public is demanding the same living standards enjoyed by rich countries," it said.

Electricity powers a country's modernisation. China's power generation volume surpassed the US' last year, ranking top in the world. India, ranking fifth, has a power generation volume one-fifth of China's scale, although its GDP is one-fourth of China's, the paper noted.

Power generation tests a nation's comprehensive ability, from basic energy production, transportation and power grid buildup to electricity distribution and dispatch, it said.

As power consumption further rises, society has to develop a consensus on developing nuclear power, hydropower and clean energy.

The paper said China needs to generate more power to support higher living standards. It probably needs to double the current power generation to sustain the country's modernisation drive. But the difficulty involved in further expanding electricity production has been clearly felt.

Meanwhile, a number of Chinese companies planning to enter India's infrastructure development sector hope the energy crisis will prompt faster clearance of their long pending projects in the country.

Chinese companies have already become major equipment suppliers to Indian power generation industry. A recent study by Morgan Stanley estimated that in the 12th Five Year Plan period, Chinese firms would account for 39 percent of the new projects.

The leading Chinese company that controls 88 percent of the national grid, State Grid Corporation (SGC), has also shown strong interest in following the rest of China's industry that sees business opportunities in India's current situation.

PTI



First Published: Thursday, August 02, 2012, 20:54


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