India Ratings believes that the surge in the power demand from January 2021 is likely to continue India’s peak electricity demand fell during the first wave of the coronavirus pandemic, with commercial and industrial consumption hit after many factories closed. NEW DELHI : The operating performance of India’s thermal power projects is set to improve, […]
Retiring Old Coal Plants Can Help Maharashtra Save Rs 16,000 Cr in Five Years: Report
Maharashtra can save up to Rs 16,000 crore in the next five years by shutting down old coal-fired power plants, along with other measures, an environmental advocacy group said on Thursday. The savings can go up to Rs 75,000 crore over a decade if the state follows a set of recommendations, the report by Climate […]
Reliance Power Q4 Turns to Net Profit of Rs72.56cr After Massive Rs-4206cr Loss in Mar-20 Quarter
Reliance Power Ltd reported -7.98% yoy fall in consolidated sales revenues for the Mar-21 quarter at Rs1,654.57cr. Reliance Power Ltd reported -7.98% yoy fall in consolidated sales revenues for the Mar-21 quarter at Rs1,654.57cr. In the midst of the challenges of COVID, Reliance Power managed to achieve 96.25% plant load factor (PLF) at its 3,960 […]
Covid 2.0 Restrictions to Impact Energy Demand Growth Recovery: Ind-Ra
The lockdowns on account of an increase in Covid cases in various states can impact all-India energy demand growth recovery in Q1 FY22 although demand is expected to be higher due to lower base effect. The lockdowns on account of an increase in Covid-19 cases in various states can impact all-India energy demand growth recovery […]
Lockdowns in Various States to Impact Energy Demand Growth: Ind-Ra
The lockdowns on account of an increase in COVID-19 cases in various states can impact all-India energy demand growth recovery in 1Q FY22 although demand is expected to be higher due to lower base effect, according to India Ratings and Research (Ind-Ra). In March, the all-India energy demand was higher by 22.8 percent year-on-year at […]
Adani Power Fourth Quarter Results: Net profit at Rs 13.13 Crore
Total income of the company rose to Rs 6,902.01 crore in the quarter from Rs 6,327.57 crore in the same period a year ago. NEW DELHI: Adani Power on Thursday posted a consolidated net profit of Rs 13.13 crore in the March 2021 quarter, mainly on account of higher revenues. The company had posted a […]
Covid-19 Second Wave to Disrupt India’s Power Demand Recovery: Report
The improvement in energy demand in March and the reduced generation from hydro and renewables sources have helped the thermal plant load factor (PLF) increase to 66.5 per cent. New Delhi: The sustained pace of recovery in India’s energy demand growth witnessed over the past many months is set to be disrupted in the ongpoing […]
DVC registers record electricity generation of over 38 billion units in FY21
The power generation of the company grew by 3.26 per cent in the last financial year. The Plant Load Factor (PLF) for FY 21 stood at 62.39 per cent, which was higher than the national average of 53.37 per cent, it said. New Delhi: Damodar Valley Corporation (DVC)on Saturday said it has registered a record […]
For first time, NTPC Bongaigaon’s output crosses installed capacity
The total installed capacity of the plant is 750 MW, which is equivalent to 18 million units. PLF is the generated capacity against the installed capacity Guwahati: The output of state-run power major NTPC’s Bongaigaon plant in Assam has crossed its installed capacity of 750 MW for the first time since the commissioning of all […]