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The consumption of electrical energy in developing countries like India is increasing exponentially on each successive day. The annual growth of energy demand in India has increased significantly from 304.5 GW in 2016 to 329.6 GW in 2017 (MNRE 2017). The conventional sources based power plants like thermal, nuclear, hydro and renewable sources based power plants like small-hydro, wind, bio-mass and solar plants are utilized to meet this demand. As on 31-03-2017, the total installed capacity of electrical power generation in India is 329204.53 MW. The conventional energy sources contribute 82.61% of the total power generation i.e., 271944.30 MW. The remaining 17.39% of power generation is contributed by renewable energy sources (57260.23MW) that includes small hydro-electric power plants (43798.66MW), wind power plants (32279.77MW), bio-mass plants (8311.78MW) and solar power plants (12288.83MW). The energy demand in India is increasing day by day; As a result newer energy resources are beginning utilized to meet the required demand with the conventional sources of energy. Even though nuclear and renewable energy sources increases the power generation capacity it fails to meet steep increase in energy demand due to domestic and industrial consumption.
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