India likely to face power shortage of over 5% in FY 15

Posted By: Religare
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India likely to face power shortage of over 5% in FY 15
The power supply in India is expected to face a shortage of 5.1 per cent compared to demand in the current financial year with southern and north-eastern regions anticipated to witness high deficits, reported PTI.

"A capacity addition of 17,800 MW during the year 2014-15 comprising 14,958 MW of thermal, 842 MW of hydro and 2,000 MW of nuclear power stations has been considered," according to the latest annual Load Generation Balance Report of Central Electricity Authority (CEA), the planning body for the power sector.

"... country is expected to experience a peak shortage of 2 per cent and energy shortage of 5.1 per cent, despite very high shortages likely to be experienced by Southern Region," Central Electricity Authority said in a report.

According to the projections, the shortfall in Southern Region would be 12.7 per cent, North Eastern (17.4 per cent), Eastern (3.4 per cent) and Northern (3.1 per cent).

However, Western Region is expected to see a marginal surplus of 0.3 per cent, added the media report.

Energy deficit/surplus has been calculated on the scale of million units while peak deficit/surplus is in terms of mega watt (MW).

For this fiscal, CEA said the gross energy generation in the country has been assessed as 1,023 billion units from the power plants in operation and those expected to be commissioned during this period.

The assessment has been made in consultation with generating companies as well as State Electricity Boards (SEBs) and also took into account the proposed maintenance schedule of the units during the fiscal.

The government is already working on ways to improve overall power situation in the country, added the media report.

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