India may become a power surplus country in the current fiscal as the energy shortage and peak power deficit was already less than 1% in April with many states reporting nil electricity deficit.
According to Central Electricity Authority's latest monthly report for April, the energy shortage in the country is reported at 0.5 per cent during the month compared to 1.4 per cent a year ago. It said, "All India power supply position indicates that the country is likely to have a peak surplus of 6.8 per cent and energy surplus of 8.8 per cent."
It has also said that the peaking surplus is likely to prevail in all the regions-- Northern, Western, Southern, Eastern and North-Eastern regions to the tune of 6.7 per cent, 17.2 per cent, 1 per cent, 10 per cent and 2.7 per cent respectively.
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