Govt. aims to add 22,440 MW power in the next eight years
After turning around the power crisis to that of a relatively comfortable position now, the Tamil Nadu government has ambitious plans to restore the glory of power surplus State in the foreseeable future.
According to a document released ahead of the Global Investors Meet, the government plans to add 22,440 MW of electricity in the next eight years and envisages an investment of Rs. 4.50 lakh crore by 2023. If it manages to achieve this target, it might once again make Tamil Nadu a power surplus state, a position it boasted of prior to 2006, say officials of Tangedco, the State’s power utility.
As of July 2015, Tamil Nadu had the third highest installed capacity in the country with 23,104 MW. Maharashtra leads the pack with a total installed capacity of 38,372 MW followed by Gujarat at 28,950 MW, data from the Central Electricity Authority shows.
Despite this, Tamil Nadu generates only 13,000 MW, enough to meet the existing demand. Apart from its own generating Stations and its share from Central pool, the State is managing the power scenario at present through power purchase agreements from within the State and power producers outside Tamil Nadu.