{"id":404422,"date":"2021-03-11T12:28:37","date_gmt":"2021-03-11T06:58:37","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=404422"},"modified":"2021-03-11T12:28:37","modified_gmt":"2021-03-11T06:58:37","slug":"ind-ra-maintains-negative-outlook-for-power-sector-in-fy22-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ind-ra-maintains-negative-outlook-for-power-sector-in-fy22-2\/","title":{"rendered":"Ind-Ra maintains negative outlook for power sector in FY22"},"content":{"rendered":"<p>With a further weakening in the financial position of distribution companies (discoms) due to Covid-led business disruptions, analysts at India Ratings and Research has maintained a negative outlook on the power sector for FY22. The agency expects power demand to grow at 9%-10% year-on-year (y-o-y) in FY22, which will help the recovery of utilisation levels of thermal power plants.<\/p>\n<p>Overdues \u2014 outstanding of 45 days or more \u2014 owed to generators by discoms across the country stood at Rs 1.27 lakh crore at January end, 27% higher than the same period in last year. Dues have increased despite PFC-REC disbursing Rs 46,074 crore to all the discoms by January-end under the first tranche of the Centre\u2019s liquidity infusion scheme to clear dues to generators.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With a further weakening in the financial position of distribution companies (discoms) due to Covid-led business disruptions, analysts at India Ratings and Research has maintained a negative outlook on the power sector for FY22. The agency expects power demand to grow at 9%-10% year-on-year (y-o-y) in FY22, which will help the recovery of utilisation levels of thermal power plants. Overdues \u2014 outstanding of 45 days or more \u2014 owed to generators by discoms across the country stood at Rs 1.27 lakh crore at January end, 27% higher than the same period in last year. Dues have increased despite PFC-REC disbursing [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,240,138],"tags":[],"class_list":["post-404422","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/404422","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=404422"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/404422\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=404422"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=404422"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=404422"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}