States ready to pay to meet peak demand, but where are the power sellers?

There are 14,000 Mw of gas-based power units shut, 8,000 Mw running at 40 per cent PLF; 40,000 Mw of private coal-based plants are on verge of sale or insolvency

Demand-supply mismatch has been the nature of Indian power sector with seasonality playing a huge role. In current times, the situation is more precarious with demand registering a healthy, if not laudable growth, while supply options are shrinking.

The current installed power generation capacity in the country is 300,000 Mw. There are 40,000 mega watts of privately-owned coal-based power plants which are on the verge of sale or are set to land in insolvency courts. Not that any were fully operational for couple of years, but as they battle financial woes, the operations will suffer further. As per government data, 80,000