Nifty99000 100%

Sensex99000 100%

Article rating: No rating
Article rating: No rating
Article rating: 5.0
Article rating: 5.0
Article rating: 5.0
Article rating: 5.0
Article rating: 5.0
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: 4.0
Article rating: 5.0
Article rating: 3.3
Article rating: 5.0
RSS

News

Indian power sector seeing low capacity utilisation: Assocham

Author: IANS/Wednesday, August 30, 2017/Categories: Energy

Indian power sector seeing low capacity utilisation: Assocham

New Delhi - The Indian power sector suffers from low capacity utilisation and the plant load factor (PLF) for power plants is estimated to remain low at around 62% until 2018-19, industry chamber Assocham said citing its report.

"India's energy sector is facing low capacity utilisation in power generation as plant load factor (PLF) is estimated to remain low at around 62% until 2018-19," Assocham said citing its joint study with ratings agency Crisil titled "Insolvency and Bankruptcy Code: Protecting stakeholders, improving ease of doing business".

"However, operational performance of discoms remains a concern, besides intensive rural electrification in Uttar Pradesh, Bihar and north-eastern states also remained low."

The study noted that while a number of reforms have been announced by the Centre, the execution of most remains a work-in-progress.

Assocham said that while reforms under health, education and technological readiness are in the initial stage of implementation, those concerning macro-economic environment, infrastructure and financial market development are in the middle stage. Reforms under goods market efficiency and institutions are in the advanced stage.

On the macroeconomic front, the study said weak investments challenge sustainable growth and private investments are unlikely to pick up before 2019 owing to low capacity utilisation and weak balance sheets.

It noted that concrete reform measures are still pending in the labour market.

"Little progress has been seen in easing labour laws and absence of a uniform simplified labour law continues to deter investments in labour-intensive industries," the study said.

It also said that large-scale employment generation is difficult in an environment of slow growth.

Print Rate this article:
No rating

Number of views (281)/Comments (0)

rajyashree guha

IANS

Other posts by IANS
Contact author

Leave a comment

Name:
Email:
Comment:
Add comment

Name:
Email:
Subject:
Message:
x

Videos

Ask the Finapolis.

I'm not a robot
 
Dharmendra Satpathy
Col. Sanjeev Govila (retd)
Hum Fauji Investments
 
The Finapolis' expert answers your queries on investments, taxation and personal finance. Want advice? Submit your Question above
Want to Invest
 
 

Categories

Disclaimer

The technical studies / analysis discussed here can be at odds with our fundamental views / analysis. The information and views presented in this report are prepared by Karvy Consultants Limited. The information contained herein is based on our analysis and upon sources that we consider reliable. We, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and we are not responsible for any loss incurred based upon it. The investments discussed or recommended in this report may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position and using such independent advice, as they believe necessary. While acting upon any information or analysis mentioned in this report, investors may please note that neither Karvy nor Karvy Consultants nor any person connected with any associate companies of Karvy accepts any liability arising from the use of this information and views mentioned in this document. The author, directors and other employees of Karvy and its affiliates may hold long or short positions in the above mentioned companies from time to time. Every employee of Karvy and its associate companies is required to disclose his/her individual stock holdings and details of trades, if any, that they undertake. The team rendering corporate analysis and investment recommendations are restricted in purchasing/selling of shares or other securities till such a time this recommendation has either been displayed or has been forwarded to clients of Karvy. All employees are further restricted to place orders only through Karvy Consultants Ltd. This report is intended for a restricted audience and we are not soliciting any action based on it. Neither the information nor any opinion expressed herein constitutes an offer or an invitation to make an offer, to buy or sell any securities, or any options, futures or other derivatives related to such securities.

Subscribe For Free

Get the e-paper free