The government expects the demand for electricity to pick-up in the next couple of years, which experts believe is critical to revive the power sector saddled with stressed assets. Experts said transferring the assets from one developer to the other would not be enough to revive the stranded assets till the time demand for electricity does not pick up.
The government, however, feels the problem is of over supply rather than of lean demand. The demand for power has grown by a robust 6.4% in the last three years against 6.2% in 2004-2014, said a power ministry official. Read More…
Credit By: ET Energy World
Latest posts by ET Energy World (see all)
- Indian Energy Storage Manufacturing To Attract $3 Billion Investment Over 3 Years: IESA – November 15, 2017
- HOEC To Produce Oil From Mumbai Field By 2021, Invest $43 Million – November 15, 2017
- BASIC Nations Bat For Finances, Technology To Fight Climate Change – November 15, 2017