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Major infra-related sectors such as capital goods, auto and ancillaries and chemicals were in the median range, , capacity utilisation, india inc, india, economy
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 of the intermittent nature of RE with lower PLFs3.
There has been a lot going with Aviva PLC (LSE:AV.) since the life insurer last reported half-year results back in August ...read the preview. Ahead of...
Over 79 per cent of the respondents shared a higher level of production in Q2 FY24 and the average capacity utilisation rate was higher at 74 per cent in Q2 as against 73 per cent in previous quarters, the survey said.
Amid ongoing wars in Gaza and Ukraine, a trio of defence sector companies report results in the coming week, BAE Systems, Babcock and Qinetiq, while there...