{"id":618049,"date":"2023-11-18T09:56:29","date_gmt":"2023-11-18T04:26:29","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=618049"},"modified":"2023-11-18T10:34:42","modified_gmt":"2023-11-18T05:04:42","slug":"domestic-power-demand-to-grow-by-7-pc-in-fy24-fitch","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/domestic-power-demand-to-grow-by-7-pc-in-fy24-fitch\/","title":{"rendered":"Domestic power demand to grow by 7 pc in FY24: Fitch"},"content":{"rendered":"<p>The domestic power demand is expected to rise 7 per cent year-on-year in 2023-24, driven by robust industrial activity, according to Fitch Ratings. In a report, the ratings agency said it also expects the receivable days (payment cycle) to further shorten in the near term. <\/p>\n<p>\u201cFitch Ratings expects India\u2019s power demand to increase by about 7 per cent in FY24, following a 7.1 per cent rise in 1HFY24, driven by robust industrial activity. This compares with a 9.5 per cent rise in FY23. The strong power demand should keep the average thermal power plant load factor (PLF) above 60 per cent,\u201d the report said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The domestic power demand is expected to rise 7 per cent year-on-year in 2023-24, driven by robust industrial activity, according to Fitch Ratings. In a report, the ratings agency said it also expects the receivable days (payment cycle) to further shorten in the near term. \u201cFitch Ratings expects India\u2019s power demand to increase by about 7 per cent in FY24, following a 7.1 per cent rise in 1HFY24, driven by robust industrial activity. This compares with a 9.5 per cent rise in FY23. The strong power demand should keep the average thermal power plant load factor (PLF) above 60 per [&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":[130,240,138],"tags":[],"class_list":["post-618049","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\/618049","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=618049"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/618049\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=618049"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=618049"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=618049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}