Alternative matrices for India's future power demands

Abstract

Against the planned capacity addition of 41,110 MW during the 10th Plan, only 21,180 MW could be added. The plan to alter the power mix by enhancing the nuclear power generation capacity of 4120 MW at current levels to 20,000 MW by the next decade seems too ambitious, with only 1% of global uranium reserves. The exercise to source uranium by signing the 123-Agreement with the USA is held up. With the growing power demand and an almost stagnant supply, the power shortage is more acute. This article tries to explore available alternatives that can steer the Indian economy away from this crossroads.