as long as
1. The current contracts of thermal power plants are not renewed,
2.. Future contracts are only take and pay,
3. Ban on thermal captive power plants by industries,
3. and future capacity added is via hydel, nuclear, wind and solar,
then with the improvement in the grid and transmission capacity, we should be good.
our problem is multifold, poor transmission and grid, capacity payments and contracts running till 2035, less efficient captive power plants and high LNG/oil prices. A combination of these lead to higher foreign exchange spent on oil/LNG, and expensive per unit cost of existing electricity produced via LNG, Oil and imported coal. Though the situation has some what improved after "willful" renegotiated contracts but it is still expensive power being purchased by the grid.