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India’s excess power capacities begin to correct, now wait for demand

Thermal power capacity additions dropped to multi-year lows last fiscal year while renewable energy additions moderated

June 17, 2021 / 11:15 AM IST
India’s excess power capacities begin to correct, now wait for demand

Excess electricity generation capacities that have plagued the Indian power sector are beginning to correct. Annual thermal capacity additions dropped below 5,000 megawatt (MW) the last fiscal year. That is 43 percent lower than in FY18 and a fraction of what India added in FY12-16, show data from the Central Electricity Authority. Even the much encouraged renewable energy generation capacity additions slowed. Last year, India is estimated to have added less than 8,000 MW of renewable capacities, down from 12,000 MW...

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