India records highest peak power deficit in 16 months
New Delhi: Higher electricity demand coupled with supply constraints led to India recording a peak time power deficit of 2 per cent in September – highest since April 2016 when the gap between demand and supply stood at 2.1 per cent – according to research and ratings agency India Ratings.
During the month, power generation, excluding from renewable sources, increased 4.5 per cent to 102 Billion Units (BUs). The improved thermal demand was on account of lower generation from other sources, including hydro, nuclear and wind.
“Peak demand deficit increased in the Northern region due to a shortage of supply in Uttar Pradesh,” India Ratings said in a report today. The higher demand and lower supply witnessed in the non-thermal segment also pushed up short-term power prices at the power exchanges.