Don’t foresee absolute power supply constraint current year: CARE Ratings

economictimes.indiatimes.com:

Sabyasachi Majumdar, Senior Director, CARE Ratings, the power sector is expected to have ample availability of electricity from thermal, gas, wind, and solar sources. The assurance lies in the willingness of distribution companies to pay for the power they receive. The current season is particularly favorable for wind and solar power generation. Unlike the supply constraints seen in CY21 and CY22, the upcoming year is anticipated to have a sufficient supply of electricity without absolute constraints. This positive outlook is a welcome change for the energy sector.

Give us a sense as to what the overall outlook for the sector and the country as a whole given that we understand that peak power demand is expected to hit 260 megawatts this summer. Are we prepared for it?
Sabyasachi Majumdar: We have a peak demand of 260 gigawatts. On the supply side, we have close to 250 gigawatts of thermal capacity which includes both coal as well as gas. In addition, we have about 17 gigawatts of capacity, about seven to eight gigawatts of nuclear and about 10 gigawatts of biomass and cogen and these are all capable of running as baseload stations.

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Unlike in the past, where there used to be a coal constraint typically at the start of the financial year which would lead to the thermal