India's electricity market crisis: business interruption photovoltaic modules imported blocked

Solar photovoltaic net news: according to a report by the CareRatings said that since mid-march 2020, limit access to much of India and closing measures to cope with the new virus epidemic spreading, this led to the suspension of business activity, which limits the power demand in India. Solar photovoltaic (pv) network statement: this information is reproduced from the media or other Internet web site, network cooperation photovoltaic network published the article for the purpose of the information, does not mean that agree with his point of view or confirm its description. Given that most of the past supply payment usually is in the fiscal year ( March) At the end of the pay, silicon bulk material so delay will have a significant impact on financial. Specifically, CGNPC in development of 410 mw, 603 mw, guangzhou energy saving 220 mw, 345 mw, jin can group the people vote for 200 mw, 190 mw hubei energy group, huaneng 180 mwcareratings, analysts said on March 28, the country's electricity consumption from March 16, 34. 9. 4 billion units down to 26. 2. 8 billion units. Among them, the EPC project owner units is given priority to with soe/state, so the heat exchange station flow chart of the battery simulator, this also reflected from the side, in project bidding and parity, the state-owned enterprises have become the absolute main force. In addition, because of the blockade, businesses can't get benefits from consumers, and they are unable to national distribution company ( discoms) The payment. As the demand for electricity in contraction of the year, will produce the corresponding decline, mainly due to accounting for almost 50% of the national power consumption caused by falling demand in the commercial and industrial department. Battery cartoons caused by a coronavirus spread line interrupt may - in 2020 21 years seriously affect India's power sector. This paper statistics the September to today issued a total of 2. 85 gw pv power plant EPC and 1. 9 gw component bid opening information. Power consumption declines in northern and western parts of the country ( About 30%) In south China solar energy network, fell by 19%. Now, India's daily demand for electricity has fallen by 25%, which affects the power companies and distributors of income. At present, the Chinese solar net, India's annual electricity demand has decreased obviously. The article content is for reference only. CareRatings analysts said, solar energy, solar energy industry has felt the impact of the supply chain is blocked, solar energy, special period of China's pv supply chain, manufacturing process and transport are affected. And 78% of India's solar cells and components relies on imports from China, which will result in solar project delay, put on hold, is likely to push up the cost and the resulting financial crisis, which has influence on the power generation market. In the 2019 - 20 years ago (11 months In April 2019 to February 2020) Electricity demand rose by 2, India. The annual growth rate of 2%, and the same period of last year to 5. 4%. Although since August 2019, in the ministry of mandatory national distribution company ( discoms) Maintain after the l/c as payment guarantee of power purchase, states have monthly payment to the electricity authority and flow chart of heat exchanger station but there are still a large amount of overdue tax to liquidation. Power generation and distribution of the company's financial situation will worsen, solar equipment, battery cartoons of the industry is expected to increase pressure on asset.