Macro Analysis of Issues and Prospects in Indian IPP Sector

摘要

India ranks fifth in the world in terms of installed power generation capacity. However, the per capita electricity consumption, estimated by the Central Electricity Authority (CEA) for 2010-11, is around 819 kWh which is lower compared to many other countries and the world average. CEA data on electricity demand-supply position for the year 2011-12 also shows a deficit of 8.5% in meeting energy demand and 10.6% shortfall in meeting the peak power requirement. It is often perceived by analysts that actual demand is also suppressed due to inadequate supply. The unmet demand coupled with expected steady economic growth, changing lifestyles and consumption patterns as well as various government initiatives indicate a substantial scope for increase in power consumption in the coming years across all the consumer categories - industrial, commercial, railway traction, residential and agriculture.