Chennai:
The state government’s power policies has resulted in an increase in
installed power capacity from 2.2 per cent in 2010 to 12.2 per cent
but to attain Vision 2023 goal of double digit growth the state needs
to estimate the energy requirement in line with such levels of growth,
a report said.
The report, which was prepared by ICRA Management Consulting Services
for Madras Chamber of commerce and Industry, while hailing the state
government initiative also highlighted the delay in implementation of
power generation projects.
The report stated that a total of 12 projects had been delayed by 15
to 80 months. These also include the Koodankulam nuclear projects. The
report said that compound annual growth rate in installed capacity in
tamil nadu is 6.9 per cent in the last five years while nationwide the
installed capacity is 8.6 pc in the same period.
Interestingly, the report said the demand for energy has grown by 6
per cent in the last five years in the state. “The gap between demand
and supply shot up to 17.5 per cent in 2012-13. However, during
2013-14, the supply improved by 15.5 per cent over the previous year
resulting in reduced energy deficit of 5.9 per cent,” the report
stated.
Interestingly, the state’s peak power deficit has reduced by 7.6 per
cent in financial year 2014 after reaching a high level of 17.5 per
cent in 2012. This is much better than Karnataka and Maharashtra but
higher than the national peak deficit of 4.5 per cent.
The report suggests that the state has to take long term power
procurement planning to ensure energy security besides securing long
term access to fuel sources and adequate transmission corridors.
Speaking during an event Energy-Economy-Environment, organized by MCCI
and India Energy Forum, Former power secretary Anil Razdan stressed
on the need for TN to go in for gas grid which could supply door to
door gas. Interestingly, Razdan batted for nuclear energy stating that
it is important for nation’s energy security.
P S Bami, president of india energy Forum, highlighted the delay in
implementing the power projects in Tamil Nadu. R Raghuttama Rao,
managing director of ICRA Management Consulting Services also spoke on
the occasion.
The state government’s power policies has resulted in an increase in
installed power capacity from 2.2 per cent in 2010 to 12.2 per cent
but to attain Vision 2023 goal of double digit growth the state needs
to estimate the energy requirement in line with such levels of growth,
a report said.
The report, which was prepared by ICRA Management Consulting Services
for Madras Chamber of commerce and Industry, while hailing the state
government initiative also highlighted the delay in implementation of
power generation projects.
The report stated that a total of 12 projects had been delayed by 15
to 80 months. These also include the Koodankulam nuclear projects. The
report said that compound annual growth rate in installed capacity in
tamil nadu is 6.9 per cent in the last five years while nationwide the
installed capacity is 8.6 pc in the same period.
Interestingly, the report said the demand for energy has grown by 6
per cent in the last five years in the state. “The gap between demand
and supply shot up to 17.5 per cent in 2012-13. However, during
2013-14, the supply improved by 15.5 per cent over the previous year
resulting in reduced energy deficit of 5.9 per cent,” the report
stated.
Interestingly, the state’s peak power deficit has reduced by 7.6 per
cent in financial year 2014 after reaching a high level of 17.5 per
cent in 2012. This is much better than Karnataka and Maharashtra but
higher than the national peak deficit of 4.5 per cent.
The report suggests that the state has to take long term power
procurement planning to ensure energy security besides securing long
term access to fuel sources and adequate transmission corridors.
Speaking during an event Energy-Economy-Environment, organized by MCCI
and India Energy Forum, Former power secretary Anil Razdan stressed
on the need for TN to go in for gas grid which could supply door to
door gas. Interestingly, Razdan batted for nuclear energy stating that
it is important for nation’s energy security.
P S Bami, president of india energy Forum, highlighted the delay in
implementing the power projects in Tamil Nadu. R Raghuttama Rao,
managing director of ICRA Management Consulting Services also spoke on
the occasion.
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