Prompt implementation of the Resource Adequacy Framework guidelines issued by the Ministry of Power in 2023 by all states is crucial for improving planning and resource management in the power sector. That would ensure a coordinated response to demand variations and enhance the reliability of power supply in the context of estimates that India’s peak power demand could surpass 400 GW by fiscal 2032. Demand hit an all-time high of 250 GW in May 2024, up substantially from 224 GW recorded in summer months (April to June) of 2023, led by soaring summer…
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