According to various studies, in order to have 8% of GDP growth per annum, what should be the growth rate of the power supply in the economy?

12%

The correct answer is option 3: 12%

Power is a critical component of infrastructure that determines the economic development of a country. The growth rate of demand for power is generally higher than the GDP growth rate. Studies point out that in order to have 8 per cent GDP growth per annum, power supply needs to grow around 12 per cent annually.