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Power generation flat in June 2017 at 97 billion units

Power generation flat in June 2017 at 97 billion units

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Power generation in June 2017 remained flat at 97 billion units on account of lower demand from distribution companies according to a credit rating agency.

“Power generation in June 2017 remained flat at 97 billion units on account of lower demand from distribution companies. Continuous spell of pre-monsoon showers across northern India in June 2017 led to reduction in temperature leading to lower power demand, India Ratings and Research said in a release.

In June 2017, power generation from Punjab and Haryana reduced y-o-y by 39 per cent and 11 per cent, respectively.

Lower generation led to reduction in all-India PLF for coal and lignite-based power plants by 326 basis points to 57.4 per cent.

PLF of NTPC Limited owned plants registered a y-o-y decline of 462 basis points to 77.2 per cent in June 2017.

Coal production remained subdued as production by Coal India declined 7.2 per cent y-o-y in June 2017.

However, a 27 per cent y-o-y growth in renewable power generation to 8.7 billion units was recorded in May 2017.

Source: PTI
Anand Gupta Editor - EQ Int'l Media Network

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