The acquisition of Jaypee’s power unit by JSW Energy, the third for the company in recent past brings back focus on the sector. The sector also saw another big deal, namely Tata Power’s acquisition of Welspun’s renewable assets about a month back. Other than the domestic players, a number of foreign players are also participating in the … Continue reading Power Sector Consolidation – The Rationale..
India has nearly 24,000 mw of natural gas based power plants. Till about a year back, about 14,000 mw of them were lying completely idle whereas the remaining 10,000 mw were running at an average PLF (capacity utilization) of 30-40% due to high price of gas. (My Second in the series on Power sector … Continue reading Gas Pricing – Another Power Sector achievement..