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FY25 power outlook: Thermal PLFs to remain healthy
POWER & RENEWABLE ENERGY

FY25 power outlook: Thermal PLFs to remain healthy

India Ratings and Research (Ind-Ra) has maintained a neutral outlook for the power sector for FY25, as it believes the overall plant load factor (PLF) of thermal power plants will improve and reach closer to 70 per cent in FY25. This is attributed to continued higher power demand, a ramp up in ...

India Ratings and Research (Ind-Ra) has maintained a neutral outlook for the power sector for FY25, as it believes the overall plant load factor (PLF) of thermal power plants will improve and reach closer to 70 per cent in FY25. This is attributed to continued higher power demand, a ramp up in domestic coal production, slower capacity additions and continued dependence on coal-based generation till the sufficient storage capacity is built up for energy transition towards renewables. The energy transition towards renewable capacity will largely hinge on the progress of the addition and development of energy storage capacities, given the intermittent nature of the renewable energy for grid stability. Ind-Ra expects pumped storage hydropower projects to emerge as a viable solution, given battery storage currently is economically less viable and an increase in return on equity to 17 per cent from earlier 16.5 per cent for pumped hydro storage as per draft CERC rules for FY25-FY29.  Finolex Cables introduces Halogen-free wiresFinolex Cables introduces FinoGreen eco-safe single core halogen-free flame retardant (HFFR) industrial cables, placing a paramount emphasis on safety and sustainability. These eco-conscious wires, crafted from recyclable raw materials, emit minimal smoke and contain zero halogens, aligning perfectly with the company’s commitment to sustainability. Manufactured with specially formulated thermoplastic insulation HFI-TP 70, these  wires boast low smoke and zero halogen emissions, further enhancing their eco-friendly profile.Contact: Finolex CablesTel: 020-27506200Email: [email protected]: www.finolex.comSunkind Energy to energise solar infra boost with 5 major rooftop projectsSunkind Energy has secured five solar rooftop projects, paving the way for the growing renewable energy sector. By expanding its presence in commercial and solar installations through these important projects, Sunkind Energy has established itself as a leading player in solar engineering, procurement, and construction (EPC) services, especially in North India. The company has won projects of combined capacity of 10 MW in states like Punjab, Haryana, Rajasthan and Chhattisgarh.  The company has evolved from an EPC company to a leading player in India's solar industry.Contact: Sunkind EnergyEmail: [email protected]: www.sunkind.inFreyr Energy helps reduce 7,500 tonnes of CO2 emissions annuallyFreyr Energy is leading the charge in transforming India's micro, small and medium enterprises (MSMEs) sector with its innovative sustainable energy solutions. In the first quarter of 2024, the company undertook over 200 projects in the commercial and industrial sector, with a total capacity of 4.5 MW or 4,500 kW. In a lifecycle of 25 years, these rooftop solar panels will reduce carbon emissions equivalent to planting more than 1.78 million trees. The company makes it a hassle-free experience for the customer by managing the entire process of designing, procuring and installing rooftop solar systems.Contact: Freyr EnergyEmail: [email protected]: www.freyrenergy.comGruner bags projects worth Rs.15 billion for compressed biogas plantsGruner Renewable Energy bagged multiple projects worth Rs.15 billion for compressed biogas (CBG) plants across the country within the first year of its incorporation. This initiative underscores its dedication to the renewable energy landscape while contributing significantly to India's sustainable development goals. It will develop compressed biogas (CBG) plants, which will contribute to an annual production of over 88,000 tonnes of compressed biogas for the Indian market.  Contact: Gruner Renewable EnergyEmail: [email protected]:www.grunerrenewable.com

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