New Delhi, Dec. 9
The power capacity addition target for the Eleventh Plan period, which has already seen a big downward revision from the original 78,000 MW to a much lower target of 62,000 MW, could be whittled down further due to slow progress on hydroelectric projects.
The Power Ministry admitted on Thursday that for the current Plan period (2007-12), a shortfall of another 4,000 MW is expected due to delay in commissioning of hydro-power project.
“About 3,000-4,000 MW of the 62,000-MW would be missed as hydro projects are getting delayed,” the Power Secretary, Mr P. Uma Shankar, told newspersons at a FICCI event here.
Heading into the last year of the Plan period, the downward revised estimate of 58,000 MW could see more cuts in the wake of poor project execution, especially in the Central and the State sectors, according to sector analysts.
Mr Uma Shankar said the country will need an estimated investment of $300-400 billion for the projects on the anvil for the Twelfth Plan (2012-17) period, including for setting up generating capacity and establishing the transmission and distribution networks.
“We are planning huge capacity additions, and adding transmission capacity,” he said.
He also said the power sector is expected to import more coal in the coming fiscal than in the current year. “This year, coal imports are expected at 45 million tonnes and next financial year it should be more than that... about 60 million tonnes,” the Secretary said.Related Stories:
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