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Home News Power Sector News Power deficit restricted to all-time low of 3.6% in one year: Government

Power deficit restricted to all-time low of 3.6% in one year: Government

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GenerationThe Narendra Modi-led government has said that it restricted power deficit in the country to an all-time low of 3.6% during its one year at the Centre.

Among the other achievements listed by the NDA government on Wednesday are: highest-ever power capacity addition of 22,566 mw, highest-ever increase in transmission line capacity of 22,100 circuit km, highest-ever increase in sub-station capacity of 66,554 mVA, and record coal production of 32 million tonnes by state-run Coal India.

The government said power generation growth was the highest in 20 years at 8.4%, coal production growth was the highest in 23 years at 8.3%, while solar capacity increased by 42%.

It claimed to have eliminated corruption with Rs 3.35 lakh crores of potential revenue going to coal-bearing states, especially in eastern India, through transparent coal e-auctions and allotments. E-auctions have set the basis for transparent and honest allocation of natural resources.

According to the government, future plans launched include more than five times increase in renewable energy capacity to 175,000 mw by 2022, five new UMPPs in plug-n-play mode totaling 20,000 mw, reduction in peak load shortages through revival of stranded gas-based power plants through transparent e-bidding, Rs 1.09 lakh crore investment in sub-transmission and distribution through Deen Dayal Upadhyay Gram Jyoti Yojana and Integrated Power Development Scheme, and Rs 1 lakh crore of new transmission projects to be bid out in the current year.

Clean energy will be prioritised with 25 solar parks of about 100 mw each planned and a Rs 38,000-crore green energy corridor being set up to transmit renewable energy.

All bulbs will be replaced with LEDs over next three years, resulting in huge savings in power bills for consumers, while proposed amendments to the Electricity Act will give consumers power to choose and change power supplier with competition improving affordability and service.

The government said focus on development of backward regions will be priority and that an investment of Rs 9,865 crore has been approved for upgrading power systems in eight northeastern states (Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura). Approval has also been given for Rs 26,000 crore investment in transmission lines to evacuate power to the southern region from the western region.

Source- ET

 

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