Good News For Electricity Consumers: India To Have Oversupply Of Power After Missing Targets For 2 Years


Good News For Electricity Consumers: India To Have Oversupply Of Power After Missing Targets For 2 Years

India forecast for a third year that it will be able to supply more electricity than its distribution companies require as generation and transmission capacity rises. Supply from power plants will exceed demand from distributors by 4.6 percent, the Central Electricity Authority said in its Load Generation Balance Report for the year to March, released this week. Available generation capacity is expected to exceed consumption by 2.5 percent at peak periods, said the authority, an arm of the federal power ministry.

The CEA had also projected surpluses for the previous two years, though both ended up in deficit. The agency blamed last year’s shortfall on fuel and distribution constraints.

 The outlook for this year factors in 9.6 gigawatts of new generation capacity from conventional sources, with about 85 percent of that coming from thermal plants, as well as an expansion in the transmission and distribution network. Read more

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