Editorial

Growth of energy generation is critically linked to the growth o f a nation, more so for a developing nation. Though Power sector in India has come a long way since independence, a snap shot of the current status shows little to cheer. At an estimated supply shortfall of 8.3% and peak shortage of 12.5%, things have little changed over the previous yea r and in fact worsened over the decade. Elasticity ratio between electricity generation and GDP growth for India is estimated at 1.5, which means that for every percentage growth of GDP, Power supply has to grow by 1.5 % .With a national GDP growth target of 8% Elasticity must grow by 12% to meet all the demand.