The capacity utilisation of thermal power plants (PLF) averaged 57.5% dipping to low 50s in the last few months with softening demand.
The prices of short-term electricity traded on the power-exchanges remained steady over a moderate range (12%) during
The larger share of non-fossil fuel generation (exceeding 25% of supply for 5 months of the year) poses new challenges to state utilities, particularly, the cost of maintaining base-load generation across the year and managing intermittency and transmission constraints.
The state governments have to expedite implementation of actions to improve operational performance of utilities with roll-out of smart meters, digitization, and private participation.
Regulatory reforms continue to lag with only a few states implementing real tariff increases and as a result for most state utilities the unit revenue lags cost by about 5% to 16% leading to delayed payments to suppliers.