New Delhi: The government is likely to miss the target for generating 78,700 MW as envisaged in the 11th plan period (2007-12), according to a senior official.
“The power generation target of 78,700 MW is not achievable by 2012. If everything goes well then electricity generation capacity of around 40,000 MW would be added,” Planning Commission Principal Advisor Surya P. Sethi said.
Sethi said that the capacity addition of 78,700 MW would require an investment of $50-60 billion every year. But currently, investment of $25 billion was possible.
“During one year and nine month of present plan period, there is a capacity addition of 13,700 MW, which includes 2,500 MW of 11th plan,” he added.
Under the 11th plan period, 59,693 MW would come from thermal projects, whereas hydro and nuclear projects would generate 15,267 MW and 3,380 MW of power, respectively.
At present, the country has the installed capacity of 1,47,402.81 MW, including 93,392 MW from thermal, 36,647.76 MW from hydro, 4,120 MW from nuclear and 13,242.41 from renewable energy sources.