Ind-Ra expects electricity demand to grow by 4-5 percent and power generation growth of 5-6 percent in 2016-17, with deficit remaining low at 3-4 percent.
NTPC's fuel cost savings were on on-track in Q1 but sales from its high margin spot market may slow due to cap on volume / realization
According to CNBC-TV18 poll, JSW Energy's Q1 sales will also go up around 11.6 percent year-on-year to Rs 2404 crore on improved demand. EBITDA may also climb 850 bps to 33.9 percent.
India's largest power company NTPC aims to double growth in power generation this fiscal, said chairman and managing director Arup Roy Choudhury. He is confident of achieving an additional capacity of five gigawatt (GW) this year.