The Central Electricity Regulatory Commission (CERC) has proposed the setting up of 'peaking power plants' or plants that will produce electricity only during peak hours. Such power stations exist in developed nations but in India there is no policy in place yet for such plants. About 43,000 MW of power capacity has been awarded through competitive bidding to set up base load power plants in the country. As per the CEA's projections, there is a peaking power deficit of around 7 per cent.
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