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Rising consumerism has led to
higher demands for energy

projects and Usd 87.06 bn for Private sector. Total fund re- 2016-27. Focus will be on the renewable energy sources and reducing
quirement for the period 2022-2027 has been estimated to be the emission by flexible conventional power plant operation to meet
Usd 134.95 bn . the growing demands.
11

Conclusion
1 Ministry of Power
To match India’s increasing demand for power, the supply-demand 2 Ministry of Power
deficit would have to be met by a larger supply base. Investment in 3 ibeF: indian Power industry report, July 2019
4 ibeF: indian Power industry report, July 2019
fleet modernisation, introduction of IT platforms to improve efficien-
5 Cea, July 2019, all india installed capacity (in mw) of power stations
cy will also be complemented by development of third-party O&M
6 Cea
and engineering services. Government of India has introduced key
7 Ministry of Power, Power Supply Position (Provisional)
policy reforms and measures to meet the growing electricity demand 8 iea indian energy outlook
by improving old power plants, introducing new technologies and 9 Cea, national electricity Plan, 2018
increasing share in renewable energy. national Electricity Plan has 10 Cea, Draft report on optimal Generation Capacity Mix For 2029-30
predicted future electricity generation mix for the year 2021-22 and 11 Cea, national electricity Plan, 2018

EnErgising sustainablE & ProsPErous FuturE 23