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Only a new price system can solve the complexity of modern electricity | Expert Views

premium Illustration: Ajaya Kumar Mohanty 6 min read Last Updated : Dec 21 2025 | 10:15 PM IST The electricity sector was once a domain of stability. For decades, the technology of thermal generation remained static. This technological stagnation allowed for a specific institutional design: Central planning. Officials in state capitals determined capacity, location,…

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