Tuesday, December 20, 2022

Power demand may grow 8% this fiscal year: Fitch

The average thermal power plant load factor is expected to be above 60% in FY23 compared with 64.5% in the preceding fiscal, supported by power demand growth and improved local coal supply, the agency said in a report on Tuesday. Distribution companies have started paying overdue amounts to generation companies after the government imposed a late payment surcharge, the agency said.

from Energy-Industry-Economic Times https://ift.tt/xWJ4Gd6

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