Power sectors in India
Updated: Nov 18, 2020
After China and the United States of America (USA), India is the world's 3rd largest power producer currently producing 373,029.35MW of power. Catering to the huge population of India. Let’s take a glance at the power generation sector in India.
62% of the total production of power is generated by thermal energy sources.
23.9% is produced from Renewable Energy Sources such as wind and solar.
12.3% is produced from Hydro Energy & 1.8% is produced from Nuclear Energy.
In order to match the ever-increasing demand of the market, power production is increasing every passing day. India's electricity consumption has increased by approximately 2 folds in the last decade from 199,877 MW at the end of the 11th Five-Year Plan (2012) to 373,029 MW in 2020.
Sustainable development is very necessary for an industry that operates 24/7.
To fulfill the demand of the market it is necessary to keep the machinery healthy and for healthy machinery selection of the right lubricants is a must.
Government vs Private... Power Generation Battle!
The majority of the power generation is held by the Government companies in India. Companies such as National Thermal Power Corporation Limited (NTPC), National Hydropower Generation Company (NHPC), and North Eastern Electric Power Corporation Limited (NEEPCO) constitute the majority of both Central as well as State owned government plants. With 47% to the Private Sector, Government-Owned Plants hold a 53% share.
On the other hand, private companies such as Adani Power, Tata Power, JSW energy hold the majority share in the sector of power generation.
Are government companies better than private sector companies or private sector companies are better than government companies in the power generation sector? This is still a debatable question. The amalgamation of the private and government sector in power generation helps provide sufficient power to back up India.
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How do power plants generate Power?
Some of the common sources are Coal, Gas, Solar Energy, Hydro Energy & Nuclear Energy.
Thermal Power Plants hold 62% of power plants in India, constituting 53.6%, 1.7%, 6.7% and 0.1% of Coal, Lignite, Gas-based, and Oil-based respectively.
36.2% are Hydroelectric and Renewable Energy Power Plants. Renewable Energy is a sustainable and non-polluting source of power generation. Solar, being renewable is gaining popularity in the Power Sector with the Government investing majorly in Solar fields across the nation.
Nuclear power plants hold a mere 1.8% of total Power Plants in India, whereas it is the second-largest source of low-carbon electricity production globally after hydropower.
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Is solar becoming the new dawn of power generation in India?
India having the Summer season in the Majority of parts, Solar energy has a huge potential in Power Generation. Solar is also the cleanest source of energy hence can be sustained for the future.
Solar power capacity has increased by more than 11 times in the last five years from 2.6 GW to 28.18 GW in March 2019.
Do you think Solar will be the new era in Power Generation?
Always remember Clean Oil = Healthy Machine.
Pollution is the enemy of sustainable development of power generation. Controlling harmful emission of greenhouse and disposal of waste is an important concern today.
Shifting to a cleaner source of power generation such as wind or solar energy sources will only solve half the issues. Application of 3R i.e Recycle, Reduce and Reuse are equally important in an operation and maintenance activities. Not only will it reduce the pollution but also will decrease the cost of operation and maintenance of the power plant.
Oil purification and reuse of lubricants is acceptable as per the ISO standard and is becoming essential part of power plant maintenance. Once you filter the oil it can be easily reused for a couple of years which will ultimately provide less harm to the environment.
Let's reuse the oil with proper and timely filtration and save our natural resources.
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