Private thermal projects are staring at muted power demand, which is the effects of non-remunerative tariffs partly due to aggressive bids and some adverse perception due to falling renewable tariff
The recent aggressive bidding and adverse perception due to falling renewable tariffs have led to non-remunerative electricity tariffs causing a scenario of muted power demand for the private thermal power generation projects
About 25,000-Mw capacity in thermal power is on sale but finding buyers is posing a challenge. Most promoter companies of the projects — some operational and others still under development — want to exit to lighten their debt.
Swaminathan Aiyar recently argued in a column that an accelerated adoption of solar energy by India could bring down some thermal power stations and hurt their financiers
With the commissioning of the third unit of the 3×660 MW Prayagraj Super Thermal Power Project (PSTPP), Bharat Heavy Electricals Limited (BHEL) has successfully executed the 1,980 MW coal-based supercritical thermal power project in Uttar Pradesh.
The Government of India with an aim to reducing dependence on imported coal and auctioning long-term coal linkages to power companies recently approved a long-awaited coal linkage policy
For the first time in the country, capacity additions in the renewable energy sector were close to those of the thermal power segment in 2016-17
The latest solar power auction has yielded an electricity price of just Rs 3.15/unit, down from Rs 5 two years ago. This seems competitive with coal-based thermal power.
Data analysed by Bridge to India suggests that the country’s total renewable capacity including solar, wind, bio-mass and small hydro grew by around 11.2 GW in FY 2016-17
With the commissioning of the first unit of 660 MW of Solapur Super Thermal Power Project in Maharashtra on Friday, the commissioned capacity of NTPC Group has become 51410 MW.