Power and Fuel
The power sector has registered significant progress since the process of planned development of the economy began in 1950. Hydro -power and coal based thermal power have been the main sources of generating electricity. Nuclear power development is at slower pace, which was introduced, in late sixties. The concept of operating power systems on a regional basis crossing the political boundaries of states was introduced in the early sixties. In spite of the overall development that has taken place, the power supply industry has been under constant pressure to bridge the gap between supply and demand.
The power sector in India is mainly governed by the Ministry of Power. There are three major pillars of power sector these are Generation, Transmission, and Distribution. As far as generation is concerned it is mainly divided into three sectors these are Central Sector, State Sector, and Private Sector. Central Sector or Public Sector Undertakings (PSUs), constitute 31.21% (54412.63MW) of total installed capacity i.e., 174361.40 MW (as on 31/03/2011) in India. Major PSUs involved in the generation of electricity include National Hydroelectric Power Corporation (NHPC) National Thermal Power Corporation (NTPC), and Nuclear Power Corporation of India (NPCIL). Besides PSUs, several state-level corporations are there which accounts for about 47.49% of overall generation, Other than PSUs and state level corporations, private sector enterprises also play a major role in generation, transmission and distribution, about 21.17%(36761.19MW) of total installed capacity is generated by private sector.
Types of Power
Thermal Power: For Thermal power generation main source of fuel is Coal, Oil, Gas. Hydro power: For Hydro power main source is Water.
Nuclear Power: For Nuclear power main source of fuel is Uranium.
Renewable energy: In renewable energy wind energy & solar energy play very important role.
The Ministry of Power has set a goal - Mission 2012: Power for All.
A comprehensive Blueprint for Power Sector development has been prepared encompassing an integrated strategy for the sector development with following objectives:-
- Sufficient power to achieve GDP growth rate of 8%
- Reliable of power
- Quality power
- Optimum power cost
- Commercial viability of power industry
- Power for all
*source Ministry of power