Power output up, low coal stock an issue: India Ratings
NEW DELHI: Power demand and generation has improved in May, but declining coal stock may lead to power shortage, India Ratings said in a report.
“Power demand in May 2017 increased 6.3 per cent year on year to 105.5 billion units (BUs). Even after the sharp increase in year on year demand in May 2017, India was able to manage the power deficit at 0.6 per cent in May 2017 (May 2016: 0.6%) aided by strong generation growth at 7.3 per cent year on year,” India Ratings said in June edition of its credit news digest on India’s power sector.
According to the statement, among the high energy consuming states over 4 BUs per month, five states have reportedly posted double digit increase in demand.