Electricity is a vital factor in industrial production and the chief constituent of any nation’s economic development. Shortage of electric power does not only compromise a social comfort level but also seriously hampers the economic growth of a nation.
While India has witnessed an impressive 8-9 per cent GDP growth in recent years, a matching growth in the availability of electricity supply is still a distant dream. Moreover, with power deficits in the range of 10-11 per cent and power situation in several parts of the country being very dismal, supply of reliable and adequate amount of power is an important challenge. All the more crucial is the development of power sector uniformly across the states in India, where Power availability in the states range from 60% to 98% of their requirement.
Thus, SNP Infra Research with its forthcoming report “Power Situation in Indian States” has made an attempt to examine in detail the power situations in ten crucial Indian states in India. An exhaustive analysis of the same would be a critical strategic tool for organizations looking at power sector and other infrastructure opportunities in the chosen states.
These states have been chosen based on factors like, Population, Contribution to the economy, Composition of the GDP (Industry/Agriculture/Services etc.), Geographical and topographical significance, Power consumption and Renewable Energy Potential etc.