India Again Projects Power Surplus After Two Years of Misses
- Government agency sees 4.6% supply surplus, 2.5% at peak times
- Capacity and infrastructure additions will bolster supplies
Transmission towers in Rajouri district, Jammu and Kashmir, India.
Photographer: Dhiraj Singh/BloombergThis article is for subscribers only.
India forecast for a third year that it will be able to supply more electricity than its distribution companies require as generation and transmission capacity rises.
Supply from power plants will exceed demand from distributors by 4.6 percent, the Central Electricity Authority said in its Load Generation Balance Report for the year to March, released this week. Available generation capacity is expected to exceed consumption by 2.5 percent at peak periods, said the authority, an arm of the federal power ministry.