CCoE rejects Power Division’s supply-demand figures

The Cabinet Committee on Energy (CCoE) has reportedly rejected the supply and demand figures of electricity presented by the Power Division, prepared by a foreign consultant due to wide difference with JICA figures, well-informed sources told Business Recorder.

According to sources, the Power Division stated that in the final year the regression model value was less than five per cent higher than the PMS Model forecast with the following conclusions drawn by the Consultant: (i) load forecast report done sets the bottom line for future generation addition/power procurement; (ii) the demand forecast done historically by NTDC Planning Division is accurate; (iii) demand versus supply analysis based on committee/ planned generation shows that available capacity surpasses peak demand requirement; and (iv) there is a dire need to have a detailed integrated generation capacity expansion plan to access further generation requirements.

Published in Business Recorder, 7th March, 2018