Peak power demand in Odisha to grow 16% in 2013-14

The state's peak power requirement for the next fiscal has been pegged at 4,491 MW up from 3,871 MW in 2012-13

BS Reporter Bhubaneswar
Last Updated : Mar 26 2013 | 11:14 PM IST
Peak power demand in Odisha is poised to grow at the rate of 16 per cent in 2013-14, the highest since 2007-08, mainly on the back of additional power load of around 1,200 Mw needed for implementing Rajiv Gandhi Grameen Vidyutikaran Yojana (RGGVY) and Biju Gram Jyoti Yojana (BGJY).

The state’s peak power requirement for the next fiscal has been pegged at 4,491 Mw up from 3,871 Mw in 2012-13, energy minister Arun Kumar Sahoo said in a written reply in the state assembly.

Quoting information provided by bulk power purchaser Gridco, the minister said, the growth in power demand in the first two financial years, 2012-13 and 2013-14, of the 12th Plan will remain robust at 10.2 per cent and 16 per cent respectively. In the succeeding years of the Plan, the demand will largely moderate, registering fairly modest growth of five per cent in 2014-15, 4.8 per cent in 2015-16 and 3.8 per cent in 2016-17.

By the end of 11th Plan in 2011-12, the state’s peak power demand stood at 3,511 Mw, but it is projected to rise significantly to 5,132 Mw in 2016-17, the last year of the 12th Plan period (2012-17).

According to the 18th Electric Power Survey (EPS) conducted by the Central Electricity Authority (CEA), Odisha was to face peak power shortfall of 1,646 Mw during 2012-13. But the state government is poised for a comfortable power surplus situation in the remaining four years of the 12th Plan, as per the CEA report. To secure its long-term energy need, the state government had signed memorandum of understanding (MoU) with 29 independent power producers (IPPs).

Sterlite Energy, a unit of London listed metals & mining major Vedanta Resources Plc, had commissioned its 2400 coal-fired power station at Burkhamunda near Jharsuguda. GMR Energy Ltd has also operationalized its 350 Mw at Kamalanga near Dhenkanal. Monnet Power is expected to commission its 525 Mw unit of its 1,050 Mw power plant at Malibrahmani near Angul by September this year.

While the IPPs envisaged a total production capacity of 37,000 Mw, state share from these upcoming power stations was projected at around 6,000 Mw.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 26 2013 | 8:35 PM IST

Next Story