India likely to fall short of total power capacity addition target in FY18
Cost of renewable power generation now is at par or even lesser than the average cost of power productionThe country is likely to fall short of its total power capacity addition target of 13171.15 Mw for 2017-18. At the end of December 2017, only 4765 Mw fresh capacity has been added.Annual report of the Union power ministry presents a depressing trend for power capacity addition in this financial year, especially for thermal power. Of the targeted 11366.15 Mw capacity addition, only 4300 Mw fresh capacity in thermal power has been created by the end of December. In thermal power, the performance of Central and state-owned utilities has been lacklustre. It was proposed to add 4800 Mw power in the central sector but an actual achievement is .....