The increased generation would be on the back of higher domestic coal availability post the government's initiatives in the coal sector and higher availability and acceptability of imported coal than before, it added.
Fitch Ratings has come out with its outlook on Indian Power. The rating agency expects the power sector reforms - required to restore the financial viability of state power utilities (SPUs) - to gain traction during 2012.
Speaking to CNBC-TV18 in an exclusive interview, Satnam Singh, chairman and managing director of PFC says that the company does not see any issues as far as lending to SEBs are concerned. "Also, we are not in the process of converting self into a bank," he clarifies.