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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