You can steal as much as you want. The ones who pay will pay.
There's usually an incentive to solve this though because this shrinkage, in retail terms, would be handled at the cost of power generated (without any profit margin) whereas if it was sold to a paying customer it'd have a margin built in. If the Greek utilities are allowed to make a profit on that losses line item, that is insane
Until solar panels came to liberate us from the utility overlords.
Actually load shedding is planned power cuts. I have seen a schedule published in a newspaper with different regions of the city (not Delhi) and times when no electricity will be available. This is for ppl to plan their day
This is... interesting on multiple levels.
Amazing that places have 50% power loss.
Much has been made of Estonia having a high tech virtual government I’d. So many high tech start ups have come from Estonia, I’m a bit stunned that they have big electricity distribution problems.
mc32•52m ago
Gangway0829•50m ago
leosanchez•47m ago
It baffles me that country still has strong anti-capitalist views. I guess lack of education does that to people.
Also, BJP is slightly right of Congress (post 1991) when it comes to economics.
Gangway0829•35m ago
Anyway, I think it's reasonable to be suspicious of the wealthy and powerful. For instance, I personally quite dislike our new AI ruling class. But unfortunately, in India there was an attitude since independence that it is impossible to generate wealth in a legitimate manner. Which is going way too far! And has predictably bad outcomes for the country.
bell-cot•33m ago
While the https://en.wikipedia.org/wiki/East_India_Company was, as a broad generality, not nearly so vile as (say) the https://en.wikipedia.org/wiki/Spanish_colonization_of_the_Am..., it certainly didn't leave many Indians with a favorable impression of European-style capitalism.
philipallstar•27m ago
collabs•30m ago
I wouldn't call the "license raj" of India as anti-capitalist. India arguably has the strongest of institutions of all the countries in South Asia. However, even its institutions and regulations are pathetically weak.
https://en.wikipedia.org/wiki/Bhopal_disaster
You probably also saw a previous post right here on this orange website when someone tried to repatriate their business money outside of India. It was painful just to read that they had to get approvals from iirc sixteen different government agencies to get their own money that they brought in from outside of India back. Not profits, not proceeds, a fraction of what they put in.
Neither of these two cases is due to "anti-capitalist" views of India. If you look at what was India before Moghul rule and British rule, you could argue India has never been socialist before.
I think workers everywhere should have "strong anti-capitalist views", because unrestrained capitalism is just anarchy.
Gangway0829•26m ago
The problem with Indian institutions is that they are far too powerful, centralized and bureaucratic. Just read the article - the problem was created by a lazy, corrupt, powerful and centralized bureaucratic system. The solution was to dismantle it and decentralize power.
collabs•13m ago
> I think that's a bad read of Indian institutions. They are incredibly powerful - in fact, they are far too powerful. That's the problem. The license raj is the epitome of authoritarian, centralized political and economic power. I suppose it was justified on socialist grounds, but it would be fair to say that saying so doesn't make it so! Before 91, nothing, and I mean nothing, could happen without government say-so. > The problem with Indian institutions is that they are far too powerful, centralized and bureaucratic. Just read the article - the problem was created by a lazy, corrupt, powerful and centralized bureaucratic system. The solution was to dismantle it and decentralize power.
What you are saying is absolutely true. the bureaucracy in India is absolutely lazy, corrupt, powerful, and centralized. It is also arguably one of the biggest reasons why India has never had a (successful) military coup. You could even argue the inefficiency and the sluggishness of the bureaucracy is a feature and not a defect.
mc32•46m ago
sirtaj•30m ago
Gangway0829•29m ago
But you should also acknowledge that national electrical reform was done by BJP. The real problem for Indian politics was the re-entry of the Gandhi nepo-baby dynasty. We would be a lot better off if they hadn't gotten their claws back into the INC.
sirtaj•23m ago
Gangway0829•18m ago
sirtaj•14m ago
I was in Delhi when this started and they began laying out the tamper-proof cable back in the early 2000s. At that time, railway food had been privatised, perhaps you recall. It wasn't better. The problem was not the privatisation or lack thereof, it was the complete lack of accountability.
SanjayMehta•22m ago
anarazel•46m ago
bluGill•23m ago
But yes, transmission losses exist and are surprisingly large
mixdup•18m ago
Reducing the number of transformers, raising the high side of system voltage, and increasing conductor sizes are all ways to reduce the transmission losses. of course each of those requires investments so that's why it can be variable and also something to brag about
olmo23•24m ago
yorwba•24m ago
NicoJuicy•20m ago
In the 39 years I live here, the only power loss was due to lightning or planned power cuts because of work in the building where I live in the last 9 years ( rare - twice).
There is however incentive for our high chemistry industry to cut the power and they get re-imbursed. This is when we have too much electricity production ( solar power) vs. consumption. Otherwise the providers have to pay "fines" to lose the overproduction of electricity to neigboring countries ( who probably all have overproduction of electricity).