Public sector power firms’ capacity at a standstill
India’s power capacity addition plans, by both central and state power utilities, are showing signs of a slowdown.business Updated: Nov 14, 2012 21:06 IST
India’s power capacity addition plans, by both central and state power utilities, are showing signs of a slowdown.
As against the capacity addition target of 4,419 MW set for the second quarter of 2012-13, not a single mega watt of capacity addition has come from the central or state power utilities. Private sector power companies have performed well, and the entire capacity addition target of 2,370 mw for the second quarter has been achieved.
According to the ministry of power (MOP), central PSUs were to add 1219 MW of power capacity while state utilities were to contribute 515 MW in the last three months. Private firms were to add 2685 MW.
The MOP told the Planning Commission that the cumulative capacity addition during 2012-13, as on October 11, has been at 8236 MW (45.9%) against an annual target of 17956.3 MW. Documents are available with HT.
The overall power capacity addition achieved in the first half of the year was 7636 MW, against a target of 8226 MW. Central utilities added 2391 MW while state utilities added 750 MW. The private sector scored even in the first quarter by adding 4495 MW. Also, the actual achievement of 7636 MW during the first six months includes 120 MW of capacity from private firms that was not a part of the Annual Plan 2012-13.