POWER

Pandemic trips FY21 capacity addition in conventional power sector

Capacity addition in the conventional power sector (includes thermal, hydro and nuclear) slowed down and dropped by 23 per cent in pandemic-hit FY21 when compared with the new capacity added in the previous year.

After hitting low levels in 2018-19 in terms of new addition, the conventional power sector saw improvements during 2019-20.

But in the last fiscal, the new addition declined, and the segment added just 5436 MW of new capacity as against 7065 MW new capacity in FY20. This is one of the lowest annualised additions in the recent decade.

Of the 5436 new capacity in FY21, thermal sector added 4926 MW, down from 6765 MW in FY20, while hydro sector brought in 510 MW, up from 310 in the previous year, according to Central Electricity Authority data.

Renewable energy sector too added 16 per cent lower capacity at 7356 MW in FY21 as compared to FY, while missing the capacity addition target for the 5th year in a row.

Source
the hindu businessline
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