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
Latest posts by The Economic Times (see all)
- China Quickens Work On Pakistan Utility In Area Claimed By India – September 19, 2017
- Oil Minister Dharmendra Pradhan Will Co-chair Two-day IGC Meeting With Kazakhstan – September 19, 2017
- Second Kudankulam 1,000 Mw Nuclear Plant To Restart On October 7 – September 19, 2017