Power Scenario
Power Scenario in India
India’s electricity consumption accounts for about 4% of World’s total electricity consumption
India’s electricity consumption accounts for about 4% of World’s total electricity consumption
- And it is expected to grow at 8 to 10 % per year.
- All India installed capacity as on 31.01.08 was 141080 MW.
- Thermal - 90896 MW.
- Hydro - 35208 MW.
- Nuclear - 4120 MW.
- Renewable - 10856 MW.
- Total Energy shortage of 9% with Peak shortage at 15.2%.
- Country’s Power demand is likely to soar from around 120 GW at present, to 315 to 335 GW by 2017.
- To meet this demand, India will require generation capacity of 415 to 440 GW, including spinning reserve.
- In IXth and Xth 5-year plan together, Country has added only 40 GW i.e. 4 GW per year and 9 GW in 2007-08. The XIth Plan envisages Capacity addition of 78.5 GW.
- If business continues as usual, India is likely to face a capacity shortfall of 95 to 140 GW by 2017 the peak deficit shall be of about 70 GW by 2017.
- Investments required in Indian Power Sector - US $ 600 billion i.e. Rs 24 lakh crores by 2017 of this, around US $ 300 billion or Rs 12 lakhs crores will be necessary in Generation, remaining in Transmission and Distribution by 2017.