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Coal power plants seen thriving at 65% PLF despite RE surge: Crisil

Over the past two fiscals, demand for electricity has seen a robust 8-9% annual growth, driven by the post-pandemic economic rebound. During this period, 34 gigawatt (GW) of capacity has been added with 90% of it in RE. In GW terms, this is a 9% growth in power capacities but on normative terms this was only 4-5% growth as capacities operates at varying PLFs2 and in this incremental supply, coal-based power plants remain an important cog, accounting for 69-71% of total power generation because ...
Ankit Hakhu Team Leader Crisil Research Crisil Ratings Late Payment Surcharge Mithun Vyas

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