The year 2021 has seen India’s power sector move further along the path of meeting and inspiring the aspirations of our rapidly developing nation. India, therefore, has twin goals, to ensure 24x7 adequate and reliable energy access and, accelerate the clean energy transition by shifting to cleaner and renewable energy sources. India has successfully transferred from a power deficit to a power surplus country. From 2014 to date November 2021, power generation has been added to a capacity of 160.8 GW consisting of 83,920 MW from fossil fuel and 76,900 MW from non-fossil fuel capacity making India a power surplus. The installed capacity is now close to double the peak demand and India is exporting power to Nepal, Bangladesh and Myanmar In order to achieve the second goal of 24x7 adequate energy, more adequate power generation capacity has been installed to meet the peak demand as well as a robust National Grid enabling seamless transfer of power from resource-centric regions to load-centric regions. The power in rural areas has gone up from 12:30 hours in 2015 to 21:09 hours and in the urban areas it has gone up to 23:41 hours. This has also significantly reduced consumption of kerosene from 892 crore litres in 2014-15 to 204 crore litres in 2020-21. Additionally, the Ministry of Power (MoP) initiated multiple initiatives to improve the financial and operational performance of DISCOMs. 1. MoP launched RDSS (Revamped Distribution Sector Scheme) to provide reform- based financial assistance to DISCOMs to strengthen the supply infrastructure. RDSS has an outlay of Rs 3,03,758 Crore over 5 years i.e. FY 2021-22 to FY 2025-26. 2. MoP launched a web portal called PRAAPTI (Payment Ratification and Analysis in Power procurement for bringing Transparency in Invoicing of generators) for transparency in the monitoring of dues to GENCOs at the national level. 3. PM KUSUM Scheme aims to provide energy security to consumers. This scheme provides funding support to promote the installation of solar energy installations for the provision of electricity to Agriculture Pump-sets. 4. As part of the Aatma Nirbhar Bharat Abhiyaan, the Government of India announced the privatisation of power departments and power distribution utilities in Union Territories. The annual Impact of energy efficiency schemes are: 1. Electrical energy savings worth Rs 95,544 crore and resulted in a reduction of 130 million tonne of CO2 emissions. 2. Thermal energy savings of 15.59 million tonnes of oil equivalent, worth Rs 28,683 crore and resulted in a reduction of 58.675 million tonne of CO2 emission. 3. Total energy savings of 29.28 million tonnes of oil equivalent, i.e., 3.15% of total primary energy supply of the country. 4. Total cost savings worth Rs 1,24,227 crore Reference – powermin.gov.in