Page 3 - Thermal Power Generation
Thermal power capacity addition slows in April-August
Stress in thermal power showed up in the lacklustre capacity addition in the sector in April-August. During this period, only 3790 Mw fresh capacity was added despite the targeted addition of 14956 Mw for 2017-18, states a report by the Central Electricity Authority (CEA).No new thermal power capacity was added for the month of August by the central or state power utilities or even the private developers. This was despite the target of 2720 Mw set for August.Given the sluggish pace of capacity addition, creation of the balance capacity of 11,166 Mw to meet the target looks a challenge.The country met its 12th Plan target in thermal power expansion, achieving 99,209.47 Mw, overshooting the stipulated 88,537 Mw. Beyond the 12th Plan, with the growing appeal of renewable power triggered by tumbling solar tariff and drying up of long-term power purchase agreements (PPAs), the outlook for thermal power capacities looks bleak.A report by ratings firm CRISIL says about 21000 Mw of ...
 "Thermal power capacity addition slows in April-August")
China's thermal power overcapacity likely to worsen: Fitch
Falling coal costs and favourable on-grid tariff rates are main cause of the problem
 "China's thermal power overcapacity likely to worsen: Fitch")