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Pvt cos contribute 84% to power capacity addition

Pvt cos contribute 84% to power capacity addition

Projects funded by the private sector added 5,122 MW of more capacity in 2010-11, about 84 per cent of the target set by the commission, while power projects run by the Central government added only half of the targeted capacity. The state government-funded projects fared even worse, meeting only 42 per cent of the target. Skewed procurement policies and poor project management forced Planning Commission to slash the capacity addition target of public sector power producers, and insteae raised the bar for private generation companies, an indication of its growing expectations from the sector.

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