Former President, Dr.A.P.J.Abdul Kalam in his 59th Independence Day speech has said, “Energy Security, which means ensuring that our country can supply lifeline energy to all its citizens, at affordable cost at all times, is thus a very important and significant need and is an essential step forward. But it must be considered as a transition strategy, to enable us to achieve our goal that is- Energy Independence or an economy which will function well with total freedom from oil, gas or coal imports.” Keeping the energy as nation’s first priority, he had called for determination to achieve this within the next 25 years i.e. by 2030. The present government has set target to provide electricity to all household by 2019 and now 2018, which is quite encouraging sign of energy development in our country for inclusive growth and development.

Power is one of the most critical components of infrastructure crucial for the economic growth and welfare of nations. The existence and development of adequate infrastructure is essential for sustained growth of the Indian economy.India’s power sector is one of the most diversified in the world. Sources of power generation range from conventional sources such as coal, lignite, natural gas, oil, hydro and nuclear power to viable non-conventional sources such as wind, solar, and agricultural and domestic waste. Electricity demand in the country has increased rapidly and is expected to rise further in the years to come. In order to meet the increasing demand for electricity in the country, massive addition to the installed generating capacity is required. Total installed capacity of power stations in India stood at 330,260.53 Megawatt (MW) as on May, 2017.

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