2 years, 10 months ago
Let us respond and not react to power scarcity
India’s early summer this year will likely be followed by an arrival of monsoon rains ahead of time, delivering relief from a heat-led power crisis. This suggests traders foresee an easing of the country’s power shortfall, though we may not have seen the last of our heat waves and peak demand has tracked levels of 200 GW in recent days, a point above which supply falters in many places. This idea follows a power ministry directive to the state-run Power Finance Corporation and REC Ltd to arrange loans for plants that use imported coal but are under financial stress. A pile-up of bad debt has ailed Indian banks for much of the past decade and RBI’s pandemic relief extensions might mask an asset quality drop that is yet to show up.






















Discover Related

3 days, 3 hours ago
Parsa Venkateshwar Rao Jr | ‘Small modular reactors’: New ‘nuclear’ buzz word

3 days, 15 hours ago
Mauritius seeks India’s help to bolster energy security, accelerate transition

Trending
4 days, 1 hour ago
Electricity cuts on rise as BJP govt. ‘destroyed’ power sector, says AAP

Trending
5 days, 7 hours ago
RBI’s monetary policy: navigating for growth in choppy waters

Trending
5 days, 9 hours ago
RBI Policy: Domestic growth takes priority amid global uncertainties

5 days, 10 hours ago
Trump’s global shake-up could spell climate opportunities for India

6 days, 2 hours ago
The gradual transformation of the Home Ministry

6 days, 4 hours ago
‘India's economy raced fast despite global challenges’: PM Modi

6 days, 6 hours ago
‘Trump tariffs could delay Indian IT sector revenue by a quarter’

6 days, 12 hours ago
RBI prepares for Trump tariff fallout with liquidity moves

1 week, 2 days ago
Boost financial regulators’ autonomy: IMF-World Bank

1 week, 2 days ago
Why green power will bring down energy bills for good

1 week, 2 days ago
How bad loans ruined India’s banking system

1 week, 3 days ago
IndusInd Bank Crisis Exposes Risks of India’s Private Banking Model

Trending
1 week, 4 days ago
'BJP In, Power Out': AAP Attacks Rekha Gupta Government Over Electricity Supply Failures In Delhi

Trending
1 week, 4 days ago
Surjewala slams Haryana govt for increasing electricity rates

Trending
1 week, 5 days ago
Power minister, AAP clash over the Capital’s electricity cuts

1 week, 5 days ago
Reliance to ground 500 CBG plants in Andhra Pradesh today

Trending
2 weeks ago
More power cuts under BJP: Atishi; Delhi govt refutes claim

2 weeks, 1 day ago
Vietnam at Risk of Mass Power Firms Bankruptcies, Chamber Says

2 weeks, 1 day ago
Mahapanchayat seeks PM’s intervention to cancel discom privatisation plan

2 weeks, 1 day ago
India reserves the right to grow, says Yadav at NGT meet

2 weeks, 1 day ago
Himachal inks MoUs with Telangana for power projects in Lahaul-Spiti

2 weeks, 2 days ago
Govt report flags dependence on coal for energy requirements

2 weeks, 2 days ago