Thursday 5 June 2008


INDIA'S POWER DEMAND TO RISE 120 GW TO 335 GW

The Economic Times, 5 Jun, 2008

MUMBAI: With soaring crude oil prices, the time has come for the Indian power sector to explore substitutes. If India continues to grow at an average rate of 8% for the next 10 years, power demands may rise from the present 120 gigawatt (GW) to 315-335 GW by 2017, 100 GW higher than current estimates, states a sixmonth long study ‘Powering India: The Road to 2017’.

The McKinsey & Company’s Electric Power and Natural Gas Practice study shows a radical approach to increase power capacity.
India is gradually progressing towards a service-led economy from an agrarian economy , says the study. Supply and production have increased but demand has doubled. According to the study, the demand can only be met through a five to 10-fold rise in power production. This means investments in the power sector will increase over $600 billion (Rs 24 lakh crore) in the next 10 years. Consumer demand across rural and urban sectors is growing at 14% over the next 10 years, whereas India’s GDP growth is just 8% a year. The second reason is the government’s plan to provide electricity to everyone by 2012.

(...) [artículo aquí]

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