Amid falling demand, IL&FS power plant in Tamil Nadu an outlier

With the improvement seen in off-take in the last eight months, the plant generated 690 million units of power in November 2019

IL&FS's Tamil Nadu Power Company (ITPCL) may see a turnaround in its finances. In October, the plant load factor (PLF) of its Cuddalore power unit touched a new peak even as India's thermal power PLF was at an all time low.

According to data available with Business Standard, the Cuddalore plant reported a record PLF of 82 per cent in October. In the same month, the all-India thermal power PLF was at 49.18 per cent, as per data released by the Central Electricity Authority (CEA). The higher PLF of Cuddalore plant has been attributed to two major reasons -- state