 "power, electricity, power grid")
Power consumption is strongly correlated with economic growth and the power sector is likely to see steady expansion. Demand in 2021-22 had surpassed its pre-Covid-19 level in 2019-20 and this year is setting new records.
The Central Electricity Authority’s (CEA) Draft National Electricity Plan (NEP) projects over 466 gigawatt (GW) of net capacity addition in the next decade. While thermal coal will remain the major contributor, renewables (which are at 15-16 per cent contribution to generation in 2022-23) will play an increasing role. There are concerns over huge dues of Rs 1.37 trillion owed by distribution companies and there are also concerns about depletion of thermal coal inventories, leading to expensive imports.
One monopoly which will play a role in
