India is scaling back expectations for power demand growth as it struggles to electrify millions of homes despite a glut in generation capacity.
The world’s second-most populous nation is building more power plants than it can utilize as state-level distributors struggle to connect 50 million households, according to Ravindra Kumar Verma, head of the Central Electricity Authority, the power ministry’s planning arm. As a result, about 25 gigawatts of coal-fired power-generating capacity is “stranded” and unused, he said. That’s equivalent to the entire installed capacity of neighbouring Pakistan. Read More…
Credit By: The Economic Times
Latest posts by The Economic Times (see all)
- Digitization Of Power Grid Will Cut Losses: Schneider Official – August 18, 2017
- Centre Rejigs PPA, Takes The Wind Out Of State Discom Bullies – August 17, 2017
- IGL Expects Rs 150 Crore Annual Revenue From Gurgaon City Gas Services – August 15, 2017