This means that even though a potential direct investor can own his factory outright, he may well have to pay higher electricity prices if he builds his factory in the Philippines compared to other locations.
Commissioning two windmills to supply electricity for the family's factory in Gujarat, on India's west coast, he realized that he had stumbled onto a promising business opportunity.
It is, for example, hard to believe factory output is going up when electricity consumption is going down and a trade group stopped publishing power statistics.