Looking to bridge the widening demand-supply gap for electricity, the Planning Commission has set a power capacity addition target of 88,425 MW for the current Five-Year Plan period ending March, 2017.
The target is higher than 75,785 MW capacity, corresponding to nine per
cent GDP growth, estimated by the Working Group on Power.
"In
order to bridge the gap between peak demand and peak deficit and provide
for an increased pace of retiring of the old energy inefficient plants,
the capacity addition target for the 12th Plan (2012-17) has been fixed
at 88,425 MW," according to draft note on energy sector for the current
Plan Period.
However, the capacity addition was just 54,964 MW in the 11the Plan (2007-12) much lower than set target of 78,700 MW.
As per the draft note, out of the projected capacity addition, thermal
sources - coal, lignite and gas -- would make up for 71,228 MW while
hydro would account for 11,897 MW. Nuclear power is estimated to be
contribute 5,300 MW.
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