Power: More capacity required

February 24, 2005 06:51 IST

The Indian power industry has been characterised by energy shortages. Over the years, demand for electricity has exceeded supply by a sufficiently large margin.

Now, with the coming of Electricity Act 2003, the power sector, which was highly

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regulated with lot of licensing requirements, is amidst a long awaited change.

The government has set an ambitious target of providing 'power for all' by the end of the Eleventh Plan. To achieve this goal, India would require an additional capacity creation of nearly 100,000 MW by 2012.