HIGH PRIORITY MARKET - POWER
INCREASING POWER DEMAND LEADING TO CAPACITY AUGMENTATION
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India ’ s energy requirement expanded at a CAGR of 5.9 per cent over FY07 – 16 to 1,162 billion units .
The rising demand for energy has led to increasing capacity addition for power generation .
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691 |
739 |
777 |
Energy requirement ( billion units )
CAGR : 6.9 %
937 862
831
1002 998
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1069 |
1162 |
FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16
Source : CEA , TechSci Research Note : CEA -Central Electrical Authority
* FY16-Expected
CAPACITY AUGMENTATION RESULTING IN INCREASING DEMAND FOR ELECTRICAL MACHINERY
Ü Increasing investments in capacity has resulted in rising demand for power generation and transmission equipment .
Ü UPA government has planned to add 118536 MW , of this 51 , 795 MW was added in first two years , while the reaming 66,740 MW was planned to add by 2017 . Moreover , the current government hopes to double this capacity by 2017 . In that , current government achieved 46,450MW capacity addition as on May ’ 15 .
Ü The increase in capacity during the 11th Five- Year Plan ( FY07 – 12 ) stood at 45,300 MW by the end of 11th Five-Year Plan .
Ü The figure is more than five times the corresponding one in 1990 ( 8.1 MW ).
Ü Total capacity addition in 2014 – 15 was 22,566.31 MW which was exceeding the target of 17830.8 MW .
Ü As on May ; 15 , around 46.5 MW of power generation has been achieved . In addition around 1100 new census villages were connected through the grid .
691
739
Capacity addition for power generation in the recent Five-Year Plans (' 000 MW )
777
831
862
937 998
FY90 FY97 FY02 FY07 FY12 FY17RE FY22RE
Source : Ministry of Power , TechSci Research , Central Electricity Authority Note : RE – Revised Estimates
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