In a recent conference, conducted by the renowned research & consulting firm—Infraline,S.D. Prasad, the General Manager of NTPC Limited had delivered a presentation on the demand and supply aspects of the Indian electricity sector.
KEY FACETS OF THE INDIAN POWER SECTOR
The installed capacity of electricity generation in India is at 329 GW; of this, 58.8% is coal-based, 13.6% is hydro, 2% is nuclear, 17.7% is renewable-based and 7.9% is oil & gas-based.
The power sector in the country is on a growth path, with ambitious targets being set for FY22, when:
>>the installed capacity will rise from 329 GW to 515 GW
>>generation will go up from 1,160 billion unit to 1,611 billion unit
>>the peak load demand will increase from 153 GW to 235 GW
>>the per capita consumption will 1,075 HWH 3,026 KWH
>>coal requirement will increase from 600 MnT to 727 MnT
>>transmission capacity will go up from 60 GW to 126 GW
>>transmission & commercial losses will go down from 22.7% to 15%
GROWTH DRIVERS
>>The GDP of India is projected to grow at around 8% over the next five year, and that will result in demand for electricity growing at CAGR of 7%
>>Growing population alongwith increasing urbanization
>>the program of the Government of India to supply round-the-clock electricity for all
>>benefits of the UDAY scheme—improvement in the financial health of the distribution companies which will lead to higher power off-take
GOVERNMENT INITIATIVES
>> The Coal Ministry of the Government of India has introduced the practice of third party sampling of coal after taking steps for tackling grade slippages by downgrading 92 mines in FY16 and 177 mines in FY17.
>>Availability of rakes has gone up from 157 per day in FY10 to 222 rakes per day in FY17
>>Coal evacuation will ease significantly with: Tori-Shivpur-Kathautia railway line in North Karanpura of Jharkhand, Jharsugua-Barpalli-Sardega railway line in the Ib Valley of Odisha, and Bhupdevpur-Korichapar-Dharamjagarh railway line in the Mand-Rajgarh Coalfields of Chhattisgarh
>>Coal evacuation is expected to further ease after the dedicated freight corridor starts functioning.
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