1. Overview of Power Sector Scenario in India

The Indian power sector has experienced substantial growth after Independence. The total power generating capacity in India was 1.4 GW at the time of Independence, and as of September 2016 the currently installed capacity was about 306.36 GW (306,360 MW) of which thermal power is 213.22 GW (69.60%), and hydro power 43.11 GW (14.07%); RE power is 44.23 GW (14.44%) and the fastest growing sector among all the sources of power and nuclear power is 5.8 GW (1.89%). Currently, across the globe India has secured the third position in power generation, fourth in consumption, and fifth for installation capacity. The Indian power industry has had significant growth in electricity generation over the decades to 1107.8 BU in 2016, and witnessed 5.6% growth over the previous financial year.