Power deficit falls to 0.2% in November from 2% in April

12 Dec 2022 , 08:36 AM

The difference between the amount of electricity needed and the amount that is actually produced, known as the power deficit, decreased from 2% in April of this year to 0.2% in November.

The amount has, however, climbed from 0.1% (124 million units) in October 2022 on a monthly basis.

According to government statistics, the deficit stood at 2,752 million units (MU) in April of current year and decreased to 199 MU in November of 2022.

According to PTI, the power deficit was 609 MU (0.4%) in May, 796 MU (0.6%) in June, 434 MU (0.3%) in July, 465 MU (0.4%) in August, and 312 MU (0.2%) in September.

The power deficit increased to 0.6% in April through November of the current fiscal year from 0.4% in the same time in 2021.

Between April and November 2022, the power deficit increased from 4,058 MU to 5,691 MU in actual terms.

The total power deficit for the fiscal year 2021—2022 was 5,787 MU (0.4%).

He had claimed that the entire country was connected by a single integrated grid that could transmit 112 GW of power from one end to the other.

According to experts, the tiny power deficit is either the result of technical issues or discoms’ failure to pay for the necessary power supply.

They also claimed that the government has taken numerous measures to restore the discoms’ financial health, with a particular focus on lowering their outstanding debts to producing businesses, so that the power deficit would be totally removed (gencos).

The discoms have paid back Rs24,680 crore in debt that they owed up until November 2022.

According to a power ministry statement, “dramatic progress has been noticed in the collection of overdue dues of Suppliers including Generating Companies, Transmission Companies, and Traders” after the introduction of the Electricity (LPS and Related Matters) Rules, 2022.

With the prompt payment of just four EMIs, the total amount owed by states, which was Rs1,37,949 crore as of June 3, 2022, has decreased by Rs24,680 crore to Rs1,13,269 crore (equate monthly instalments),

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