POWER
SCENARIO OF INDIA
Indian
economy is going in strong way. The way Indian Economy is growing India is way
lagging behind power demand requirement rising every year.
In
India there are still people living in Villages without power also where power
is available but there are so much power cuts.
If
we accept that Indian GDP will grow at 9% then 20,000 MW Power required every
year for the same.
Although
total Installed Capacity of Power plants as on 31st Jan 2014 was
about 2,34,601.94 MW as per CERC.
Coal
Power Plants contributes about 59% of the above installed Capacity.
Gas
Power Plants contributes about 9% of the above Installed capacity.
Hydro
Power Plants contributes about 17.5% of above Installed capacity.
Nuclear
Power Plants contributes about 2%.
RES
(MNRE) i.e. Renewable Energy Sources contributes 12%.
Oil
Power plants contributes about 0.5%.
CAUSES OF LOWER
UTILISATION OF POWER PLANTS:-
àIndia
has about 42,000 MW Installed capacities but can’t get commissioned due to lack
of availability of fuel. Nearly 15,000 MW of
gas-based power plants are under shutdown due to Shortage of Gas. There are
more than 50 gas-fired power plants in India, but most of them are facing
shortage of fuel. This is due to fall in Gas from RIL KG Basin. It’s not
economical to run these power plants at Imported R-LNG which is very costly.
àCoal scam hits India in March 2012, which shows that it had
impacted India big way and leads to loss to India as much as 1.9 Lakh Crore. During
Scam it has been find out that out of the 195 coal blocks allocated between
1993 and 2008, production had begun in only 30 blocks. Out of 195 blocks, 160,
were allotted by the UPA government between 2004 and 2008, so far production
has begun only in two. Most of allocation was done to Power and Steel companies but they failed
completely They were given coal blocks only taking into mind that this will
leads denationalize coal production and will leads to effective and effective
mining of coal but all get in Vain.
àEnvironment policies on clearance of mining also added to
more difficulties as new norms set under Environment Jairam Ramesh were not met
by most of companies.
àCoal-fired power plants capacity in India has by 10%
every year between 2008 and 2012 but coal production increased by just 4% annually.
This gap has led to an increase of coal imports for the power sector by 300%
over the period. In the meanwhile there was also a significant rise in
international coal prices that will leads to threatening the country’s energy
security.
à Power distribution companies are in losses
as State governments are reluctant to increase tariffs and which will lead to
power distribution co.s are getting defaulted to power producers which will
leads to burden on Banks as they had taken loans from banks.
ACTIONS TO BE TAKEN FOR IMPROVING POWER SCENARIO IN INDIA
àEnvironment clearances should be faster for producing
more coal.
àCERC
should take corrective steps to raise electricity tariff whenever there is
requirement without any discussion with State electricity boards and also RBI
should intervene and say Banks not to lend State electricity boards.
àCoal India should improve connectivity so
that coal will reach at required location as earlier as possible as coal is
lying at locations without facility of transportation.
àMore efforts required to get Natural gas from
Turkmenistan as earlier as possible.
àIndia should more concentrate on Renewable
energy sources as they have huge prospect in India. India has limited Energy
sources such as Coal, Oil, and Natural Gas. But More efforts are required to
for Renewable energy sources so that India get free from limited energy
sources. As India has laid foundation for the same as India plans to
source 3% of it total electricity consumption from solar energy by 2022 and has
been taking notable steps to increase solar power capacity.