India Likely to Have Energy Surplus of 5.8 Percent in FY 2019-20: CEA - Wire & Cable India
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India Likely to Have Energy Surplus of 5.8 Percent in FY 2019-20: CEA

The demand for power has decreased in the country along with the slowing economy.

December 9, 2019

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The CEA has also set a gross energy generation target or 1,330 billion units for the year 2019-20.

In its latest load generation balance report (LGBR), the Central Energy Authority (CEA) has projected that India’s anticipated power supply position for the year 2019-20 would reflect a surplus of 5.8 percent (80.38 billion units) and a peak surplus of 8.4% (15.9 GW).

As reported in Mercom India, it is projected that Chandigarh, Delhi, Haryana, Himachal Pradesh, Rajasthan, Uttar Pradesh, Gujarat, Madhya Pradesh, Daman & Diu, Goa, Andhra Pradesh, Karnataka, Telangana, DVC, Meghalaya, Mizoram, Nagaland, Tripura, and Sikkim are likely to have both peak and energy surplus on an annual basis.

Meanwhile, Punjab, Chhattisgarh, and Manipur are expected to have surplus power annually. For meeting the peak deficit, these states could arrange for power from states which generate surplus power if they choose.

The report stated that all other states in the country are likely to have demand-supply gaps in energy and peaking, and these can be offset by arranging power from states with surplus power through various existing market mechanisms.

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