Technological Advancements Drive Sector Growth
The Indian power sector has seen significant progress, with electricity generation soaring from 1,168 billion units (BU) in 2015-16 to an impressive 1,824
BU by 2025-26. This growth is complemented by a major shift towards green energy, its share increasing from a modest 6% to a substantial 24%. Alongside this, the transmission network has expanded by over 70%, surpassing 5 lakh circuit kilometers (ckm) of lines. These developments underscore a dynamic evolution, demonstrating the sector's enhanced capacity to meet growing energy demands and integrate renewable sources effectively. The increasing adoption of advanced technologies like AI and big data analytics is instrumental in navigating the sector's inherent complexities and fostering a more robust and sustainable energy infrastructure for the nation.
Strengthening DISCOMs Operationally and Financially
Enhancing the operational efficiency and financial sustainability of electricity distribution companies (DISCOMs) is paramount for the entire power sector's health. Recent indications suggest a positive trajectory, with DISCOMs reporting a Profit After Tax (PAT) of Rs 2,701 crore in the 2024-25 fiscal year. This recovery signals a strengthening of their financial footing, which is crucial for continued investment in infrastructure and service delivery. Focused and sustained efforts are vital to build upon this momentum, ensuring DISCOMs can effectively manage their operations, meet consumer demands, and contribute to the overall stability and growth of the power ecosystem. The ongoing transformation is largely fueled by technological advancements, particularly the integration of Artificial Intelligence and big data analytics.
AI and Analytics Enhance Complexity Management
The increasing integration of Artificial Intelligence (AI) and big data analytics within the power sector is significantly bolstering its capability to manage intricate challenges. These advanced technologies provide sophisticated tools for analyzing vast datasets, enabling more accurate forecasting, optimized resource allocation, and proactive identification of potential issues. By processing complex patterns and trends, AI and analytics empower stakeholders to make informed decisions, improve grid stability, and enhance the overall delivery of electricity. This technological infusion is not just about addressing current complexities but also about building a resilient and forward-looking power infrastructure capable of adapting to future demands and innovations, ultimately contributing to national energy security and sustainable development.
Collaborative Efforts for Sector Vision
To achieve the national vision for the power sector and contribute to the 'Viksit Bharat' goal, a concerted, collaborative effort involving all key stakeholders is essential. This includes ministries, regulatory bodies, public sector undertakings (PSUs) at both central and state levels, academia, and the Comptroller and Auditor General's (CAG) officers. Organizing national conferences facilitates meaningful discussions and strategic planning around recent developments in power generation, transmission, and distribution. The Comptroller and Auditor General of India plays a crucial role in organizing such events, bringing together diverse expertise to foster innovation and address challenges. A comprehensive audit plan, formulated at the end of these conferences, aims to align all efforts towards realizing the country's energy aspirations and ensuring a robust, efficient, and sustainable power future.
