PPAs are proving inflexible in a regime of falling demand and the rise of renewable power
This is 18 per cent lower than the year ago period, a study by CARE Ratings showed, quoting figures from Central Electricity Authority
Agriculture was expected to be the only silver lining in the economy in the current financial year
The slump in power demand in the first week of the June was recorded at 19.7 per cent. However, the decline so far is still higher than 8.8 per cent recorded in May.
In Haryana, demand has reached 8.5 Gw versus 9.4 Gw last year
The minister informed the commission that the old schemes of the ministry are being amalgamated into a new scheme for which he requested Rs 3 trillion over five years.
The privatisation of distribution in Union Territories is a positive move by the government, says Prashant Jain, joint MD & CEO of JSW Energy
Besides, the power sales volume at 4,052 million units (MU) last month was down 6.6 per cent as compared to the year-ago period, an IEX statement said.
Lower expenses drive profit number; firm had incurred a loss in the same period a year ago
The decline is equivalent to losing the entire energy demand of India, the world's third-largest energy consumer
On a weekly basis, electricity generation is down 3% in the last week of April
Most of the firms that are dependent on government contracts are looking at a dry pipeline in the near term.
March performance is worst in current series
The stress in the power sector is likely to impact 25 Gw of capacity tied up in short-term sales.
Its pre-pandemic crisis is likely to worsen with the prolonged lockdown unless the government offers some vital concessions
January demand for electricity rose to 105.29 billion units from 101.71 billion units a year earlier, data from the Central Electricity Authority showed
India's power demand fell 13.2% in October from a year ago, posting its steepest monthly decline in more than 12 years, reflecting a deepening growth slowdown in Asia's third-largest economy
In five years, there has never been a situation where demand has fallen against planned energy generation
Economic sentiment is as important as the actual data on the economy
Gujarat saw 1.1% fall in demand, Maharashtra 2.63% in April-September period