India’s power consumption up 9.3% in 1st week of August. DISCOM losses to be 40% above pre-pandemic levels: Crisil.
NEWS & UPDATES
India’s peak power demand hits record 200.57GW in July. Power market volume sees 37% growth.
Power demand to grow over 5% this fiscal: Crisil. Commercial and Industrial rooftop solar segment to add 1,875MW capacity in 2021: IEEFA.
DISCOMs’ outstanding dues to GENCOs fall 15% to Rs 82,305 cr in May.
Power demand growing faster than renewables: IEA. DISCOM losses decline 38% to Rs 38,000 cr.
Solar panel prices likely to remain high until next year. Renewable capacity addition likely to be 11GW in FY22: ICRA.
Power demand set to rise again as COVID 2nd wave subsides: Ind-Ra. Cabinet approves Rs 3.03 lakh-crore scheme for power distribution sector.
Derivatives market for power sector on the horizon next fiscal. Second phase of FAME schemes for EVs extended by 2 years.
India’s power consumption grows 9.3% in the first half of June. Project returns to be moderated by rise in imported Solar PV module price: ICRA.
India’s power consumption grows 12.6% in first week of June. DISCOMs’ outstanding dues to GENCOS fall 11.2% in April.