In 7 first months of the fiscal year 2007, the generation capacity of India just increased by 3,765 MW equalling to 32% of the plan. This country always suffers from the lack of power, which is considered a great threat to the fast-growing economy of this country, the largest country in Asia with the highest population density.
An official of India’s Power Electricity Ministry revealed that the Government of this country had decreased the target of power generation from 17,000 MW to 12,000 MW in the fiscal year 2007 owing to the insufficiency of equipment and human resource.
The most vulnerable are industrialized states such as Maharashtra and Gujarat in Western India, in which the percentage of power shortage hit the peak of 26.6% in October 2007.
Indian Government intends to invest USD 250 billion in the power infrastructure from present to 2012, including power generation, transmission and distribution. However, experts reckon that the expansion of power supply must comply with the power sector reform, especially the measure that impedes power drain in transmission, distribution as well as rip-off which is increasingly popular.
India has boosted power development projects with the total capacity of 4,000 MW in order to raise the power supply in the 1.1-billion-people country, of which there are 412 people who have never used electricity. Nonetheless, as estimated by International Energy Agency (IEA), from now to 2030, India needs to invest USD 1,250 billion in the power infrastructure in an effort to satisfy the power demand for the economic development.
From VietStock