Implementation of resolution plan within timeframe appears difficult
Power generation assets which are stressed are unable to find buyers due to several regulatory hiccups involved
Current developments indicate that India's power story will chart a unique course for itself
Industry says dormant demand and fluctuating prices should bring focus back to long-term purchase
Govt has set a target of carrying out rural electrification by the end of this December
They are stable and power plants as well as consumers stand to gain from them
CAG calls for monitoring of loan disbursal & restriction on cost overrun
E-bidding portal for states to procure power also launched
Lenders fear the next wave of non-performing assets will come from the power sector
Populistic pricing is holding back power sector's recovery
Options with significant potential for creating demand do exist beyond traditional paradigm
Payment delays by power distribution companies (Discoms) is posing a major challenge to the growth of renewable energy sector as it chokes the project liquidity and further financing of the projects. While in some states the delay has been upto four months, the the Maharashtra State Electricity Distribution Company Limited (MSEDCL) was not buying power from wind power generators for the past three years, resulting in heavy losses, said a report.Many developers completely rely on capital market transactions and delay in payment by the discoms put their potential of issuing bonds in jeopardy. If there is any type of default on these capital market instruments or if a security or credit enhancement is invoked it has an adverse impact on the efforts made to deepen the infrastructure bond markets, remarks a developer.According to a report by Mercom Capital Group, the delay in payments continue to pose a challenge for the growing renewable energy sector in the country s it tries to achieve .
Bihar announces steep hike in power rates; UP offers free power
NTPC has given in-principle clearance to replace around 11,000 MW old thermal power plants
Optimising the procurement of power from short-term markets will help India's ailing discoms
Around 40,726 MW of power capacity in India was operating on the captive model
Chinese powers companies have been active in the India power sector space at the EPC level
Renewable & energy efficiency catch investors' fancy but no big ticket investment in 2.5 years
Reduced demand projection is based on the past record of slow industrial growth, say Officials
Government has planned to make the country energy surplus with generating target of 1,178 billion units