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January 27, 2012

MoP forwards 12th Plan capacity addition proposal to Planning Commission…

image According to Sources, Ministry of Power (MoP) has set a target of capacity additions to the tune of 76,000 MW during the 12th Five Year Plan (FY 2012 – 17) and 93,000 MW during 13th Five-Year Plan (2017-22). However, Spark found that, the Planning Commission is mulling to fix the target of about 1,00,000 MW of capacity addition in the Power Sector.

MoP have sent its proposal for addition of 76,000 MW of power capacity in the 12th Five-Year Plan to the Planning Commission for the approval, even as the sector battles acute fuel shortages and environmental issues. However, Planning Commission member BK Chaturvedi had earlier said the Planning Commission may fix a target for about 1,00,000 MW of capacity addition in the power sector.
During this period, an investment of about Rs6 lakh crore is expected in power generation projects.
Power projects being executed by state-owned hydro-power generation company NHPC, which were scheduled for commissioning during the current Plan, would now start electricity generation in the 12th Plan.
NHPC’s 2,000-MW Subansiri project in Assam and 3,000-MW Dibang project in Arunachal Pradesh are still awaiting environment clearances.
The country’s largest power producer, NTPC, which had set itself a mammoth target of becoming a 75,000 MW company by 2017, is also believed to have brought down this target to 70,000 MW because of scarcity of gas.

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