The Centre is encouraging investments in new thermal power projects, including by the private sector, with the goal of adding 80 gigawatt (GW) of new thermal power capacity by 2032
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Report also highlights that the peak power deficits are becoming more frequent, driven by years of underinvestment in the sector
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The company also plans to build a new manufacturing facility for surge arresters, which will be operational by the second half of FY2024
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Delays impede industry growth despite increased private capital formation
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As per the Ministry of Power, the Northern region also achieved a record demand met, reaching an all-time high of 86.7 GW on Thursday, while the Western region also touched its maximum demand met of 74.8 GW.
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