The power sector does not require any capital expenditure in thermal capacity until FY22, given that 40 giga watt of capacity is under construction and the current stranded capacity is 25 GW, says a report.
This situation may change only if power demand growth is higher than the current six-seven per cent and growth in renewable energy (RE) is less than the expected 175 GW by FY22, says a report by brokerage JM Financial.
Kalpataru PowerTransmission Ltd (KPTL), Mumbai-based Engineering, Procurement and Construction (EPC) company, today announced it has bagged fresh orders worth Rs 1,145 crore for setting up electricity transmission and railway infrastructure projects.
Expressing concern over the dropping of plant load factor (PLF) of gas-based powerplants, the Association of Power Producers sought more allocation of gas from the ONGC's deepwater wells'production.
The CMDs of all subsidiaries of Coal India (CIL), and the CMD of NTPC along with others were part of the video conference held on September 22
With most power plants running on less than 10 days’ stock, the state energy department is staring at a possibility of load shedding, much like last year.
The power price have seen an upward trend in the day ahead market (DAM) at IEX since last Sunday when it touched to a high of Rs 14.09 per unit.