{"id":341402,"date":"2020-03-11T11:59:55","date_gmt":"2020-03-11T06:29:55","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=341402"},"modified":"2020-03-11T12:21:53","modified_gmt":"2020-03-11T06:51:53","slug":"fy21-power-outlook-muted-discom-dues-on-the-rise-says-india-ratings","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/fy21-power-outlook-muted-discom-dues-on-the-rise-says-india-ratings\/","title":{"rendered":"FY21 power outlook muted, discom dues on the rise, says India Ratings"},"content":{"rendered":"<p>India Ratings and Research (Ind-Ra) has revised the power sector outlook to negative for FY21 from stable-to-negative.<\/p>\n<p>It attributed this to muted growth in electricity demand and rising dues at distribution companies (discoms) due to the limited improvement in the financial profile of discoms since the launch of Financial Restructuring Plan and Ujwal DISCOM Assurance Yojana (UDAY).<\/p>\n<p>Weakening consumer sentiments due to declining GDP growth could result in subdued power demand for FY21; however, profitability is likely to remain unaffected due to the regulated nature of operations for most of the entities.<\/p>\n<p>However, the rising discom dues are expected to result in an elevated leverage level for the sector. Ind-Ra believes the discom resolution plans have provided lower-than-anticipated benefits, and hence, the focus could shift to the privatisation of discoms, either through the franchisee model or the licensee model.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India Ratings and Research (Ind-Ra) has revised the power sector outlook to negative for FY21 from stable-to-negative. It attributed this to muted growth in electricity demand and rising dues at distribution companies (discoms) due to the limited improvement in the financial profile of discoms since the launch of Financial Restructuring Plan and Ujwal DISCOM Assurance Yojana (UDAY). Weakening consumer sentiments due to declining GDP growth could result in subdued power demand for FY21; however, profitability is likely to remain unaffected due to the regulated nature of operations for most of the entities. However, the rising discom dues are expected to [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-341402","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/341402","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=341402"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/341402\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=341402"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=341402"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=341402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}