The total investment required for power during the 12th Plan is Rs. 18.2 Lakh crore
The All India electrical energy requirement is likely to increase by about 34.4 per cent during the 12th Plan period. This forecast was made by 18th Electric Power Survey (EPS) of India conducted by Central Electricity Authority which has estimated Electric Energy Requirement (EER) and Annual Peak Electric Load (APEL) of the country for 12th Five Year Plan.As per 18th EPS, the All India electrical energy requirement (MU) and peak electric load (MW) for 12th Plan is given below:
Sl. No. Year EER(MU) APEL (MW)1 2012-13 1007694 1439672 2013-14 1084610 1562083 2014-15 1167731 1694914 2015-16 1257589 1839025 2016-17 1354874 199540As per the draft 12th Five Year Plan document of Planning Commission, the total investment required for power during the 12th Plan is Rs. 18.2 Lakh crore.
The sources of funds for the Public sector include budgetary support, internal generation and borrowings. Private sector funds include internal accruals or equity and borrowings. Debt sources are Domestic bank credit, Non-banking Financial Companies, Pension/Insurance funds and External Commercial Borrowings.
Steps taken to meet the power requirement in the country inter-alia are:
(i) Rigorous monitoring of capacity addition of the on-going generation projects.
(ii) Review meetings are taken by Ministry of Power regularly with CEA, equipment manufacturers, State Utilities/CPSUs/Project developers, etc. to identify the bottlenecks in capacity addition and resolve the issues.
(iii) In view of the increasing requirement of capacity addition to meet the demand, the capacity building of main plant equipment has been carried out in the country with the formation of several joint ventures for manufacture of main plant equipments in the country.
(iv)Thrust to make coal and gas available for power sector.
(v) Thrust is being given to power generation from renewable sources. As per MNRE, grid interactive renewable capacity addition likely during 12th Plan is about 30,000 MW.
As per Planning Commission, capacity addition of 88,537 MW is planned from conventional sources for the 12th Five Year Plan on an all-India basis.
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