Friday, January 30, 2009

According to CERC, of the 666.01 billion units (BUs) of electricity generated in 2007-08, 20.96 BUs, or 3.15% of the total, were traded. PTC India Ltd, NTPC Vidyut Vyapar Nigam Ltd, Adani Enterprise Ltd, Tata Power Trading Co. (P) Ltd and Reliance Energy Trading (P) Ltd are among the companies that were active in the business that year.

WEF’s Global Risks 2009, the main risks that the world faces relate to deteriorating fiscal positions emanating from stimulus packages, a hard fall in China, lack of coordination in global governance, and natural resources and climate change issues.
oncerted global attention is that of protectionism.
India’s middle-class consumers number about 300-400 million, and are rapidly growing.
risk that the reform of international financial and development institutions will again be carried out by developed economies.
The financial crisis ultimately is a signal to the world to move towards better cooperation, better synchronization, and better joint response. While nationalistic sentiments are to be respected, there are certain issues where countries will have to set aside their national priorities in favour of global priorities. The world needs to act in unison and the voices of developing nations must be heard loudly and emphatically on global negotiating tables.”