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Failed power projects shackle India's energy growth

About 75 projects in the energy sector worth about Rs 70,000 crore, which could have generated 30,809 mega watts (MW) of energy—enough to supply 11% of India's annual power-generation capacity—were terminated over the last seven

India TV News Desk Updated on: December 09, 2015 14:35 IST
failed power projects shackle india s energy growth
failed power projects shackle india s energy growth

About 75 projects in the energy sector worth about Rs 70,000 crore, which could have generated 30,809 mega watts (MW) of energy—enough to supply 11% of India's annual power-generation capacity—were terminated over the last seven years.

The gap between demand and supply is 2.4% (15,981 million units), as of September 2015, according to power ministry data; so if the projects were running, India might have had enough energy.

They were stopped because of a range of issues: From getting land and finance to profitability and local issues. Government projects running behind schedule and cost overruns because of bureaucratic snarls appear to be other reasons.

Almost 44% of cancelled projects were in Madhya Pradesh, Chhattisgarh and Andhra Pradesh.

Zero indicates information not available. Capacity and cost are approximate values.

Source: Infrastructure India (Dept of Economic Affairs)

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