ICRA Rating has come out with its report on independent power producers (IPPs). The rating agency has observed that about 60% of the thermal capacity under execution by private IPPs is based on domestic coal which remains exposed to fuel supply risks because domestic coal shortages are expected to increase significantly over the long term.
The pace of overall capacity addition in the power sector has shown an improvement during the current Plan Period (2007-12) as reflected in the commissioning of 34,461 MW till MarchDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
