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Saturday, March 26, 2011

12th plan under construction projects-I: MoP asks CEA to re-consider 12th plan capacity

Expressing doubts over the country's ability to meet the capacity addition targets for the 12th plan period, the Ministry of Power (MoP) has asked the Central Electricity Authority (CEA) to re-visit its targets to more realistic levels. 
  • During a recently held meeting to deliberate on 12th plan under construction projects, the MoP has emphasized that the capacity addition likely in the first two years of the 12th Plan viz., 2012-13 and 2013-14, being in excess of 25,000 MW, was too ambitious and has bleak chances of actually being attained. 
  • It has suggested that it would be worthwhile to do a project-wise detailed analysis of projects, that have been delayed, to understand the reasons for the delay and to realistically assess the time required to complete these projects. 
  • This apparent uncertainty may be driven by the fact that the country is already on the verge of missing its 11th plan capacity addition targets. The initial target of power capacity addition for the 11th FYP was 78,577 MW, which was later scaled down to 62,374 MW by the Planning Commission, in consultation with the power ministry. 
  • Now, however, it appears that even this downwardly revised target will be missed by March 31, 2011, as various projects continue to face delays due to myriad reasons, including bottlenecks in supply of required equipment. It is for this reason that the MoP this time is more keen to set targets that are more realistic and achievable. 

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