Peak shortage of 4.5% (6,103 MW) & energy deficit of 4.2% (42,428 MU) in 2013-14 in India

The Electricity Act, 2003 promotes competition and creates a conducive environment for investment in all segments of the electricity industry, both for public sector and private sector. The Act provides for liberal and progressive legal framework including features like open access in transmission and distribution of electricity, non-requirement of licence for thermal generation etc.

During the year 2013-14, the country experienced peak shortage of 4.5% (6,103 MW) and energy deficit of 4.2% (42,428 MU).  Capacity addition target during 12th Five Year Plan is 88,537 MW from conventional sources on an all-India basis. In addition to that grid interactive renewable capacity planned during 12th Five Year Plan is 30,000 MW. With this level of planned capacity addition, the demand for power in the country is likely to be met by the terminal year of 12th Five Year Plan.

Power Generation by Private Sector: