46,000 MW power projects facing viability issues: Crisil
46,000 MW power projects facing viability issues: Crisil
Power Projects With Around 46,000 MW Capacity Are Facing Viability Issues Due To Lack Of Long-term Purchase Agreements, Inadequate Fuel Supply And Aggressive Bidding To Win Projects, Says A Crisil Report. PTI | Updated on: 28 Jul 2015, 05:57:14 PM
New Delhi:
Power projects with around 46,000 MW capacity are facing viability issues due to lack of long-term purchase agreements, inadequate fuel supply and aggressive bidding to win projects, says a Crisil report.
Out of this 46,000 MW, about 36,000 MW are coal-based projects within which tariff under-recovery has impacted 20,000 MW of capacities, while the rest are reeling because of inadequate feedstock and poor electricity offtake by discoms, the rating agency said in a release.