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Govt sets target of over 1,000 billion units of electricity generation for current fiscal

25 Apr 2014 Evaluate

The government has set a target of electricity generation of 1,023 billion units during the current financial year, which is about 5 percent higher than previous fiscal year target. Further, the Central Electricity Authority (CEA) planned to achieve electricity generation of 252 billion units in the April-June period, while the target for each of the subsequent quarters is 257 billion units.

As per the CEA, over 368 billion units may be generated from state utilities and over 393 billion units from central utilities, while the rest will generate from private entities.  Furthermore, it estimates that around 859 billion units of electricity will be generated by thermal power projects during 2014-15 out of which 784 billion units are expected to come from coal-based stations and the remaining 75 billion units from fuels such as diesel, lignite, naphtha and natural gas. However, target for hydel generation has been lowered to 124 billion units in current fiscal from 135 billion units in 2013-14. India produced 967 billion units of power during FY14, lower than the target of 975 billion units.

Electricity in India is produced with the use of coal, crude oil, water and natural gas. Acute coal shortages in the country has become primary reason for power deficit in the country as coal-fired plants account for 68% of India's installed electricity capacity. India’s gas based installed capacity stands at nearly 8 percent at 20,000 MW of which around 6,000 MW is currently stranded because of unavailability of natural gas.

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