Learn from the UMPP shocks

We are facing some very interesting challenges in the power sector. On one hand we have a huge power shortage. On the other, the lack of demand from distribution companies is forcing power-generation companies to operate at sub-optimum levels, with lower plant load factors (PLF). Full recovery of fixed charges of the power plants can’t be made at a lower PLF, resulting in either losses for the entity or lower profits—and both don’t augur well for the economy. 

Read Full Story>>