India Set to Have First Power Surplus in at Least Eight Years
- Power supplies in FY17 may exceed demand by 1.1%: Ministry
- Power shortage in May narrows to lowest in at least six years
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India forecast an electricity surplus for the first time in at least eight years because of transmission improvements and more generation.
The country may have 1.1 percent excess electricity supplies in the year ending March 2017, according to the power ministry’s Central Electricity Authority. A 2.6 percent surplus for the period is forecast for peak periods, when daily demand is highest. India’s power deficit shrank to below 1 percent in May.