update yourself: India set to miss its power capacity deadline...yet again!

Submitted by beantsingh on Sat, 04/12/2010 - 5:25pm

An article in Mint today talks about how India is all set to miss the deadline it had set for itself for adding power generation capacity. As per the daily, the Government had set a target of adding 20,359 MW of power generation capacity this fiscal. However, the target has now been scaled down to 18,600 MW and it looks like even this target will not be met.

There are whole host of reasons behind the failure to put up adequate capacities. They range from shortage of power generation equipment, delayed investment decisions and contractual problems to environmental and forest clearances and natural calamities.

Things are behind schedule even on the capacity addition target set for the 11th five year plan that ends in 2012. The capacity added till date is only 29,000 MW as against the target of 62,000 MW which was again a scaled down version of the original target of around 79,000 MW. A perfect demonstration of the way things move in India i believe.