Power Surplus: An ‘auspicious’ first step

We see further opportunities in the co-located rooftop segment, expected to be further opened up by third party power sales regulations.
Sunil Rathi, Director – Sales & Marketing, Waaree Energies Ltd
  Waaree Group welcomes the heartening news of the 1.1 per cent overall power supply surplus as anticipated in the CEA’s Load Generation Balance Report 2016-17.
“It is our belief that this is the auspicious first step towards our country taking its rightful place in the global power supply standings,” Says Sunil Rathi, Director – Sales and Marketing, Waaree Energies Ltd while commenting on power surplus.
Waaree looks at two areas of opportunity in this regard.  Firstly, this is the ‘All India Supply’ position. Though the western region (+) 6.9 per cent and southern region (+) 3.3 per cent have a power surplus, the northern region (-)1.8 per cent, north-eastern region (-) 8.3 per cent and eastern region (-)10.3 per cent still anticipate a power deficit. There has been exemplary work done in the inter-region power transfer infrastructure, initiatives such as the green corridor as well as modernisation of intra-state networks need to be further fast-tracked to mitigate the congestion in the ISTS, especially WR-NR grid and SR and NEW grid.
Secondly, this is based on the demand anticipated of the consumers already connected to the grid and as per the low per-capita consumption. The per capita consumption in India is estimated at 1,070 kWh, much lower than the world average of 3,026 kWh, as per data from the International Energy Agency. It is also the lowest among BRICS nations, with China at more than 3 times and Russia clocking in at more than 6 times of India. The per capita energy consumption is seen internationally as a quality-of-life metric.

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