Power sector serving as backbone for India`s economy: CAG
Comptroller and Auditor General (CAG) of India K Sanjay Murthy has said that the power sector is serving as the backbone for India's economy, and a reliable power supply is vital for sustaining country's economic growth. He said that expectations from the sector have increased significantly over the years, especially in the context of achieving the goal of Viksit Bharat 2047, where energy independence being the central part of the vision.
CAG has stated that the aim of increasing India's per capita electricity consumption from the current 1,460 kWh to 2,000 kWh by 2030 and 4,000 kWh by 2047 and providing reliable 24x7 quality power through a financially viable and environmentally sustainable power sector would require all the constituents of the sector, be it policy making, generation, transmission and distribution, to work together to achieve this Vision.
Highlighting progress over the past decade, he said that the overall generation (Including generation from grid connected renewable sources) in the country has been increased from 1,168 billion units (BU) in 2015-16 to 1,824 BU in 2025-26. He said the sources from which this power is being generated have also undergone major change, as the shift to Green Energy has been increasingly gaining focus, which is evident from the rise in its share from 6 per cent to 24 per cent.
