• Coal-based power plants in India are likely to run at an average 56.5% Plant Load Factor (PLF) in financial year 2021-22, Power Minister Mr R K Singh has said.
  • The government is planning to issue solar tenders of 20 gigawatt (GW) capacity till June 2021 in order to achieve the National Solar Mission’s target of installing 100 GW grid-connected solar power capacity by 2022, new and renewable energy minister R K Singh said.
  • S&P Global Ratings lowered India’s economic growth forecast to 5.2% for 2020, saying the global economy is entering a recession amid the coronavirus pandemic. The agency had earlier projected a growth rate of 5.7% during the 2020 calendar.
  • India is likely to require Energy Storage Systems (ESS) of over 2,400 Giga Watt Hour (Gwh) capacity to cater to the needs of all the major sectors of the economy, according to India Smart Grid Forum (ISGF).