The IEX has witnessed heightened activity among power distribution companies (discoms) since the coronavirus-induced nationwide lockdown on March 25, according to a statement by the Exchange New Delhi: Average spot power price has remained as low as Rs 2.36 per unit on the Indian Energy Exchange (IEX) during the lockdown period so far, which began […]
Partial easing of lockdown fails to perk up power demand, cool weather plays spoil sport
The experts said that the maximum temperature in second half of April can go as high as 40 degree celsius but it remained around 35 degree celsius on an average during last week New Delhi: Partial relaxation in lockdown for certain economic activities from April 20 onwards could not perk up power demand, which remained […]
Indonesia’s state utility cuts 2020 revenue target by nearly 15 per cent on coronavirus woes
Electricity demand in the world’s fourth most populous country has declined because of efforts to curtail the spread of the coronavirus that has shuttered some businesses and required residents to stay indoors JAKARTA: Indonesia’s state electricity company, Perusahaan Listrik Negara (PLN) cut its 2020 revenue target because the coronavirus outbreak is expected to cut power […]
Discoms to suffer Rs 30K cr revenue loss, face Rs 50K cr liquidity crunch due to lockdown: CII
According to the report, power sector, one of the essential services under the lockdown till May 3, is battling the twin issues of demand and liquidity compression New Delhi: Industry body CII on Friday said discoms are likely to suffer a net revenue loss of around Rs 30,000 crore and liquidity crunch of about Rs […]
Thermal power PLF could fall below 55 pc level in FY21
The rating agency estimates the pandemic could lead to the thermal plant load factor (PLF) falling below 55 per cent for 2020-21, closer to the technical minimum standards, on account of a gradual ramp-up in industrial load and the muted electricity demand New Delhi: Thermal power plant load factor or capacity utilisation could fall below […]