India s power demand is expected to rise by 7-8% in Q2 2024 due to robust industrial activity, GDP growth, and above-normal temperatures. The rating agency believes this demand will be met through larger operating capacities, adequate coal inventory, and higher utilization of gas-based plants. The Indian Ministry of Power has directed both gas-based and imported-coal-based power stations to maintain availability to meet the anticipated demand.
Consumer electricity prices too are expected to soar in tandem with demand.Temperatures are likely to soar, and therefore, this may have an impact on market prices
India Not to Support Stranded Gas Power Plants
Mar 10, 2021 6:04:am
Summary Gas-based power plants are stranded or operating at sub-optimal levels because of a lack of gas supply.
by: Shardul Sharma
India s federal government will not support gas-based power plants that are stranded or operating at sub-optimal levels because of a lack of gas supply, given tha.
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