It was quite gladdening to read a recent article in The Economic Times that India has declared that it is surmounting power deficit during the year 2016-17. What's even more remarkable is that the surplus being reached is unprecedented - the 'first time in India's history'. As per the data from the Central Electricity Authority, a surplus of 3.1 per cent is being reached during peak hours and 1.1 per cent during non-peak hours during the current fiscal.
Robust coal output and reform of state power distribution firms are cited as two main reasons for the closure of the demand-supply gap. A heartening trend would be southern India having a surplus of 3.3 per cent with new power plants of nearly 2,000 MW likely to be commissioned in the medium term.
 |
| Power plants in the port vicinity |
Already, the vicinity of Krishnapatnam Port is witnessing the buzz of power plants. As per the company website (http://www.krishnapatnamport.com/projects_around.html), here is a list of upcoming power plants:
Power plants planned in port vicinity
Sr. No.
|
Plants
|
Capacity (MW)
|
Expected COD
|
1
| Simhapuri Power |
1,920
|
FY13
|
2
| AP Genco |
1,600
|
FY14
|
3
| Meenakshi Group |
1,000
|
FY15
|
4
| Thermal Power Tech |
1,320
|
FY15
|
5
| NCC Power |
1,320
|
FY16
|
6
| Kineta Power |
1,980
|
FY16
|
7
| Krishnapatnam Power |
1,320
|
FY17
|
This development offers immense opportunities for ancillary industries such as lubricant plants, refineries, cement and steel plants to grow around the Port.
As this strengthens the 'Make in India' initiative, it is another feather in the cap for the government!
