ICRA’s projection is based on improved growth to 6.7% on a Y-o-Y basis from a low of 1.5% in Q4 FY2019. KOLKATA: ICRANSE 0.02 % expects thermal capacity utilization to improve to 64% in FY2021, led by sustained demand growth coupled with a slowdown in addition of new capacities and decommissioning of older units. ICRA’s […]