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Thermal power plants' capacity utilisation to rise to 69% in FY'25: ICRA

The capacity utilisation of thermal power plants will increase by a percentage point to 69 per cent in 2024-25, led by the growth in electricity demand and limited thermal capacity addition, says rating agency ICRA. ....

Girishkumar Kadam , Group Head , Indian Energy Exchange , Late Payment Surcharge , Senior Vice President , Corporate Ratings , Approved List , Module Manufacturers , Thermal Power Plant , Capacity Utilisation , India Power Demand ,

Thermal power plants' capacity utilisation to rise to 69 pc in FY'25: ICRA

Coal has remained a dominant fuel source to meet the base load power demand in the country, and its share in the overall energy generation mix is estimated to decline from 73 per cent in FY2023 to about 58-60 per cent in FY2030, assuming the renewable capacity addition scenario of 200 GW between FY2024 and FY2030, as per ICRA estimates. ....

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India's infra push to put UltraTech on road to growth

In the post-earnings conference call, the UltraTech management said it expects capacity utilisation to improve close to 80-85% in the three months to March, from about 77% in the December 2023 quarter. ....

Anurag Jain , Intelligence Group , Ultratech Cement , Road Transport , Indias Infra Push , Capacity Utilisation , Broader Demand Expansion ,

China's IC output grew 6.9% in 2023, defying weaker customer demand, tighter US sanctions

China’s total output of integrated circuits in 2023 increased 6.9 per cent from a year earlier despite sluggish demand at one of its largest wafer foundries in the second half, according to data published on Wednesday. ....

Hua Hong , Semiconductor Manufacturing International Corp , Hua Hong Semiconductor , Integrated Circuits , Capacity Utilisation ,

US Dollar jumps as rising US yields bury early Goldilocks scenario

The US Dollar (USD) is seeing its status as King within reach with the US Dollar Index (DXY) popping above a few important technical levels. The move comes with markets finally realizing that rate cuts will not take place before June for either the ....

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