Staging a recovery from FY21, all-India electricity demand is expected to grow at 6%\u2013 7% in FY22, according to a report by credit rating agency ICRA. After the decline of about 2.5% in the current fiscal, the year ahead is expected to benefit from a favourable base effect and likely recovery in demand from the commercial and industrial (C&I) segments.<\/p>\n
As a result, the all-India capacity utilisation of thermal power plants is likely to improve to 57%- 58% in FY22 from the estimated level of 53% – 54.0% in FY21, the agency said.<\/p>\n
“Given the subdued thermal PLF, (plant load factor), lack of visibility in signing of new power purchase agreements (PPAs) for for power producers and modest tariffs in the short-term power market, the credit outlook on the thermal power segment continues to remain negative,” said Sabyasachi Majumdar, Group Head and Senior Vice President of Corporate ratings, ICRA.<\/p>\n","protected":false},"excerpt":{"rendered":"
Staging a recovery from FY21, all-India electricity demand is expected to grow at 6%\u2013 7% in FY22, according to a report by credit rating agency ICRA. After the decline of about 2.5% in the current fiscal, the year ahead is expected to benefit from a favourable base effect and likely recovery in demand from the commercial and industrial (C&I) segments. As a result, the all-India capacity utilisation of thermal power plants is likely to improve to 57%- 58% in FY22 from the estimated level of 53% – 54.0% in FY21, the agency said. “Given the subdued thermal PLF, (plant load […]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-393865","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/393865","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=393865"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/393865\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=393865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=393865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=393865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}