Power surplus: Not as rosy as it seems

Renewable energy, especially solar power, can go a long way in making India self-sufficient in electricity generation.
Hartek Singh, Chairman & Managing Director, Hartek Power Pvt Ltd
  One of India’s fastest growing EPC companies specialising in rooftop solar and connecting solar power to the grid, Hartek Power is passionate about sustainable energy and smart grid solutions. Much of the electricity that India is generating will go waste unless there is a matching T&D infrastructure in place to ensure its proper supply. As T&D specialists, the company bridge this critical gap by syncing power plants with the grid.
Having executed more than 150 high-voltage and extra high-voltage substation turnkey projects up to 400kV, Hartek Power has also connected 258MW of solar power to the grid since it ventured into solar EPC three years ago. Going by the sizeable orders bagged by the company in the first half of the current financial year, it has raised the bar and set a target of commissioning substations for at least 500MW solar projects in 2016-17. The company is also going all out to consolidate its operations in Andhra Pradesh, Telangana and Karnataka by targeting substation orders for at least 500 MW solar projects from these states in the next financial year.
Hartek Power forayed into the rooftop solar segment only recently, and has installed more than 13MW solar PV projects already. It recently executed Chandigarh’s first rooftop project in the commercial category, and also plan to enter the residential segment with its solar solutions.
Hartek Singh, Chairman and Managing Director, Hartek Power Pvt Ltd sounds optimistic with the expected power supply surplus in the country but still believe that the picture is not as rosy as it seems at first glance. He says, “It is heartening that India’s power deficit has steadily declined from 11 per cent in 2008-09 to 2.9 per cent in 2015-16. For the first time, the country will register a surplus of 1.1 per cent in 2016-17 if the Load Generation Balance Report of the Central Electricity Authority (CEA) is an indication. But the picture is not as rosy as it seems at first glance. While it is the difference between demand for power and its availability that determines surplus or deficit, the way we perceive demand presents a rather misleading surplus position.”

Advertising