Electricity use in India has been rising since the pandemic due to a surging economy as well as heatwaves. However, higher rainfall during this year’s monsoon reduced air-conditioning demand and weighed on power consumption, analysts say.
Even as the power industry continues to remain in the doldrums, Singapore-based Sembcorp sees a vibrant future for both its Indian foray as well as the industry.
Details on the floor price will be known by December 22, said Anil Swarup, secretary, coal ministry.
Harry Dhaul, Founder and Director General of Independent Power Producers Association of India (IPPAI), speaks about the challenges India's power industry faces and how successful alternative energy sources can be in our country