‘Power sector in India has major issues with its installed capacity’. Discuss the given statement.
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- The insufficiency of the power generation resources built in India. If the Indian economy wants to touch the GDP growth rate of 7-8 percent, it must target producing electricity with a growth rate of 7 percent which is not possible with the current power sector production capacity.
- So we need to operate in two ways to boost installed capacity, one is expanded expenditures (by both public and private players) in the electricity generation industry and enhanced use of existing infrastructure.
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