Gujarat has an installed capacity of around 30394.29 MW. 22.94% of this is contributed by Renewable Energy (RE) Source.The state has planned augmentation of generation capacity considering current demand supply situations as well as demand from upcoming consumers. Gujarat has remained frontrunner in climate efficient initiatives by adapting various policies for promoting sustainable energy sources. Another sig. fact that contributes to excellent power conditions in state is the dominance of Pvt. players in the generation sector. Pvt. sector contributes to around 61.49% of total power generation followed by State Utilities with 25.35% and Central Plants having contribution of 13.14%.The regulations and new policies have given a positive momentum to capacity addition in past years. Generation capacity addition in Coal based thermal plants has been significant along with solar & wind. Two of the largest Power Projects in the country i.e. 4620 MW (Adani Mundra Project) and 4000 MW ( Mundra UMPP of Tata Power) is located in the Gujarat. Torrent Power is operating 3130 MW of conventional power projects in different parts of the State. [...]
Hydropower plays an imp role in all mature power markets. For eg, hydro is the cheapest power source in the Nordic market. A low level in hydro reservoirs will mean producers use more expensive sources which will result in higher production costs. In the same manner, production costs will fall with more water in the reservoirs. Hence, Nordic power prices are highly dependent on both rainfall levels&access to nuclear power&the price of other sources, establishing the critical role of hydropower in power markets. Propelled by sustained economic growth&rise in income levels, India is poised to face sig. increase in energy demand in the next few decades which also translates into higher demand for electricity. Gap in the electricity demand-supply situation is highlighted by the fact that the country experiences peak deficits, with the surplus western & eastern regions unable to compensate for the severely deficit northern, southern & north-eastern regions. [...]
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