Page 34 - Book_Wec 06-09-SINGLES-Hi-Res

ndIa’s power generation sector has witnessed growth over the ects. The top five states with the highest installed generation capacity
last three decades owing to sustained economic growth thereby are Maharashtra, Gujarat, Tamil nadu, Karnataka and Uttar Pradesh.
Idriving electricity demand. The Government of India’s focus on Regulatory reforms have upgraded the power sector and today many
attaining ‘Power for all’, reforms such as generation de-licensing and states in India are having the well-strengthened power sector.
other policy measures such as 100% FdI has accelerated capacity ad- Growth rate in power capacity has doubled from 4.2% over 1992
dition in the country. India has witnessed a declining power deficit to 2002 to 8.7% over 2012 to 2019. More than 1 Lakh MW generation
over the last decade, which currently stands at 0.7%. capacity has been added in last five years i.e. 243 GW in March 2014 to
Currently, India is 4 largest consumer of electricity and 5 largest 360.5 GW in July 2019 . Today, India emerges as net exporter of elec-
th
th
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in terms of installed capacity in the world, with the installed pow- tricity first time in FY 2017-18. 7203 MU supplied to nepal, Bangladesh
er capacity reaching 360.5 GW as of July 2019 . Out of the total in- and Myanmar in FY 2017-18 and 4628 MU in 2018-19 (Up to October
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stalled capacity, the share of private sector is 46% followed by state 2018). nTPC, the leader in thermal power generation, with 55,786 MW
(29%) and central (26%). India generated around 1376 bn units of of installed capacity contributes 23% of total power generation & 16%
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electricity in financial year 2018-19, up 5.19% from the previous year . of total installed capacity in the country. nHPC a hydro power major
The country is behind only China and Us and is ahead of Russia, has a total installed capacity of 7071 MW.
Japan, Germany, and Canada. The Overall generation (Including gen-
eration from grid connected renewable sources & Bhutan imports) Demand-Supply Scenario
in the country has been increased from 1110 BU during 2014-15 to
1376 BU during 2018-19. The performance of category wise generation all India per capita consumption of electricity has grown from 631
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during the year 2018-19 was as follows: kWh (FY 2005-06) to 1181 kWh (FY 2018-19) . Energy deficit has re-
• Thermal Increased by 3.39% duced from 4.2% (in FY 2013-14) to 0.5% (in July 2019) . India’s power
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• Hydro Reduced by 6.95% system needs to almost triple in size by 2040 to catch up and keep
• nuclear Increased by 1.39% pace with electricity demand that – boosted by rising incomes and
• Bhutan Import Increased by 7.78% new connections to the grid – increases at almost 5% per year. Going
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• Renewables Increased by 24.47% forward, healthy demand growth rates would translate into greater
Between april 2000 and March 2019, the power sector attracted need for power capacity. Commensurate with our country’s growth
Usd 14.32 bn in FdI, accounting for 3.41 per cent of total FdI inflows in challenges, nTPC has embarked upon an ambitious plan to attain a
India . India’s power sector is forecasted to attract investments worth total installed capacity of 130 GW by 2030.
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InR 9-9.5 trillion (Usd 128.24-135.37 bn) between FY19-23 . The total
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FdI inflows in the power sector reached Usd 14.32 bn during apr 2000 Policy impetus
to March 2019, accounting for 3.48% of total FdI inflows in India. as
per economic survey 2018-2019, additional investments in renewable • Power sector in India witnessed a major structural reform in
plants up to year 2022 would be about Usd 80 bn and an investment 2003, when generation was de-licensed under the Electricity
of around Usd 250 bn for the period 2023-2030. act 2003.
• simultaneously, establishment of independent regulators,
Where we stand energy exchanges for power trading and unbundling of ver-
tically integrated power entities provided the necessary im-
In January 2014, India turned into a one nation, one grid turning the petus for growth.
country into one seamless network for delivering electricity to con- • development of a synchronously operating national Grid
sumers. Further, the Government has introduced policy and regulato- leading to ‘One nation One Grid One Frequency’, which en-
ry interventions like signing of new fuel supply agreements (Fsas) by abled development of a vibrant electricity market in India
Coal India Limited (CIL), allocation of new captive coal blocks by the and optimisation of resources.
Ministry of Coal (MoC), finalization of revised standard bidding doc- • determination of tariff based on competitive bidding for all
uments (sBds) and allowing tariff revisions for awarded power proj- new generation and transmission projects of company owned

20 shaping new energy dimensions