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- The Power industry in India is
changing rapidly with large investments.
- India is the 6th largest Power
consumer in the world
- The power sector will require Rs. 10,31,600 crore investment
during 2007-12 to add generation capacity, besides creating and
upgrading transmission and distribution networks.
- The large coal reserves in the
country provide a ready and economical resource and ensure
energy security. Hence, coal has been identified as the
mainstay fuel for power generation till 2012.
- The Ministry of Power had launched an initiative for the
development of coal based Ultra Mega Power Projects (UMPPs),
each of about 4000 MW capacity.
- National Electricity Policy
envisages that the per capita availability of electricity will
be increased to over 1000 units by 2012.
- There is significant potential in
India for generation of power from renewable energy sources,
such as, Wind, Small Hydro, Biomass and Solar Energy.
- India is ranked Number Second in bio-gas with installation of
over 40 lakh Biogas plants and Number Four in Wind Energy
Development globally by achieving 7,300 MW power connecting to
grids.
- The Ministry has set a target of 12,000 MW fresh capacity
addition in the next five years, including 7,000 MW from wind
energy segment, 2,500 MW from Hydel sources and the rest from
co-generation.
- As per Hon’ble Minister for New & Renewable Energy, the GoI is
targeting up to 80,000 MW of power generation capacity through
renewable sources by 2032.
- NTPC has lined up plans to invest Rs. 6,000 crore in creating
1,000 MW of renewable energy capacity over the next 10 years.
NTPC also plans to add 30-50 MW from geothermal power projects
and 35 MW from small biomass and solar sources.
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