The Indian power outage that left 10% of the world’s population without electricity has reignited the energy security concerns that growing Asian economies could potentially face.
The paralysing blackouts in late July across northern and northeastern India will surely be a warning to other developing economies about the consequences of poor planning and energy mismanagement.
In Asean, rising economies such as Myanmar and Cambodia need huge sums to create proper infrastructure. But even in countries that are well served, such as Thailand, policymakers fret about the risk of relying too heavily on a single fuel source, such as natural gas.
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