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Adequate power available in India to meet consumers demand: Govt

11 Jul 2017 Evaluate

The power ministry has said that there is no shortage of power and India’s generation resource is adequate to meet the growing demand of consumers who are having access to electricity. During 2013-14, demand-supply gap both in terms of energy and peak stood at 4.2 percent and 4.5 percent, respectively. While, in the financial year 2016-17, this has fell to an all-time low of 0.7 percent and 1.6 percent, respectively. Further, this gap is on account of factors other than inadequacy of power in the country.

The energy actually used by all the consumers including industries, grew at an even higher rate. The gross generation in the country, which reflects the consumption by consumers (other than about 0.2% growth rate of export to Bangladesh and Nepal), surged to 1,242 billion units (BUs) in 2016-17 from 1,020 BUs in 2013-14, showing a CAGR of 6.8 percent. The reason that there is a higher growth in gross generation, vis-à-vis energy supplied by State Distribution Utilities, is that many industries are now purchasing power through open access from IPPs without contracts with the states. Therefore, the consumption of these industries has reduced from the state utilities and increased through open access, which is reflected as generation increase from IPPs without contracts.

During the period 2012-17, generation capacity addition target from conventional sources was 99,209.47 MW as against a target of 88,537 MW, over-achieving the same by 112 percent. Besides, conventional generation capacity addition achieved in the past three years (2014-15, 2015-16 & 2016-17) has been 60,752.6 MW, which is about 61 percent of the total capacity addition achieved during this period. In 2015-16, conventional generation capacity addition achieved was 23,976.6 MW which is the largest ever capacity addition in a single year.

Moreover, installed capacity of renewable energy in India as on March 31, 2014 was 31,692.14 MW. As on March 31, 2017 India has achieved an installed capacity of 57,260.2 MW of renewable energy sources showing a rise of 80 percent during 2014 -2017. The quantum of energy not supplied has reduced substantially from 42.4 BU in 2013-14 to 7.6 BU in 2016-17, a reduction of 82 percent.

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