Abstract:
India is one of the fastest growing economies and requires high per capita
energy consumption. There is a necessity to reduce the demand supply gap
in electricity generation sector in India to have sustainable growth. India
current installed generation capacity of electricity sector stands at 235 GW
from all sources (i.e. Coal, Hydro, Solar and Wind etc.). Still, it faces an
acute shortage of power consumption with demand and peak demand
deficit of 8.5% and 10.3% respectively.
In order to bear out its ever growing electricity demand, India depends
heavily on Coal, which leads to high level of GHG emissions. Coal plants
releases maximum amount of CO2 per unit of electricity generated, which
has an adverse impact on the environment. On the path of sustainable
development, there is a need to control the GHG emissions in the country.