Power demand is expected to rise further as the per capita consumption of electricity will increase two to three times from the current 1,200 units, Union minister R K Singh said Wednesday.”The power sector is witnessing an increased demand which is further expected to go up in the near future. The current consumption of 1200 units per capita is expected to grow 2-3 times at par with the international consumption after each and every individual of the country has access to electricity,” Singh said at a conference organised by NTPC Ltd.
About financing for the sector, the power minister suggested measures like pre-payment for consumption of electricity from both discoms and end consumers, privatising distribution companies to make the process more market oriented.
“We need to efficiently use all energy sources available and devise measures to enhance storage of energy to meet the constantly growing demand. Simultaneously Read More