India needs to improve the way it forecasts power demand if it wants to inject more renewable energy into the grid while avoiding blackouts, according to Ghanshyam Prasad, chairman of the Central Electricity Authority.
Generation has to reflect demand, Prasad said at the BloombergNEF summit in New Delhi on Friday, adding that 40 gigawatts of renewable capacity in the country is yet to find offtakers. The risk is the country ends up with stressed assets, something that the thermal power sector has experienced, he said.