As per the 12th Plan document prepared by the Planning Commission, an investment of Rs.15,01,666 Crore (at current prices) has been projected for Electricity Sector during the 12th Plan, out of which investment in Central, State and Private Sectors has been estimated at Rs. 4,40,796 Crores, Rs.3,47,043 Crores and Rs.7,13,827 Crores respectively .
According to the 12th Plan document the projected investment in infrastructure over the Twelfth Plan would be possible only if there is a substantial expansion in internal generation and extra-budgetary resources of the public sector, in addition to a significant rise in private investment.
In order to ensure energy security in the country in terms of power, the government is making all possible efforts, which include the following:-
¢ By meeting the stipulated demand for electricity through power generation using a mix of various energy sources including renewable energy.
¢ In order to fulfil the shortage in fuel supply, fuel is being imported while efforts are being made to increase domestic supply by various measures including the adoption of state of art mining technology.
¢ To ensure better availability and improved power supply from old and ageing plants, thrust is being given to Renovation & Modernisation and Life Extension of old power plants.
¢ Measures such as Demand Side Management and Energy Efficiency are also being implemented to ensure Energy Security.
¢ Assisting the neighbouring country Bhutan in the development of the hydro power potential for mutual benefits.
No clearance of the Ministry of Power or CEA is needed for setting up generation stations except in the case of Hydro Electric Schemes where in the Central Electricity Authority accords concurrence under section 8 of the Electricity Act, 2003 to Hydro Electric schemes submitted to it involving capital expenditure exceeding the limits fixed by the Government from time to time. The concurrence of a Hydro Electric Scheme involves different formations in Central Electricity Authority (CEA), Central Water Commission (CWC), Geological Survey of India (GSI), Ministry of Water Resources (MOWR), Central Soil and Materials Research Station (CSMRS), concerned State Government and Project Developer during the appraisal process of the Detailed Project Report of the Hydro Electric Project. For this purpose, CEA has already established a ˜Single Window Clearance™ system under the office of Secretary CEA.
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