Govt. confident of achieving set target of 62000 Mega Watt capacity additions: MoS Power


Apr 27, 1:45 PM
Government says it is making all out efforts to tap the potential in power generation to meet the demand and supply gap in the country. Speaking at a Conference on Promoting Investment Opportunity in Power Sector in South Asia, the Minister of State for Power, Mr K.C Venugopal said the country has achieved a significant installed capacity of 1 lakh 72 thousand Mega Watt but the shortages have been in the range of more than 8 per cent in Energy and 10 per cent during the peak hour demands. He said that government is also confident of achieving the set target of 62000 Mega Watt capacity additions.
Mr Venugopal said, it is estimated that SAARC power grid linking Bangladesh, India, Nepal, Pakistan and Sri Lanka has the potential to install at least one lakh Mega Watt in the region for common use among its member- countries. The minister also said that the problem of acute energy defecit in South Asian Countries can be addressed by promoting investment in power sector and also by integrating the region by SAARC grid to leverage cross border trading of power. Mr Venugopal also added that the success of power trading between Bhutan and India has encouraged the two countries to take up more hydro projects as Bhutan is supplying over 1200 Mega Watt to the Indian Grid.