Electricity generation, as well as trading of power in the exchanges, dipped in October, reflecting the weakness in the Indian economy.
According to a report by brokerage house Motilal Oswal, conventional electricity generation declined 13 per cent yearon-year in October. Demand from the western region was significantly down 20 per cent and a similar trend was witnessed in the south too, with a 14 per cent reduction in generation.
Power generated from coal decreased 19 per cent in October 2019 Y-o-Y. However, nuclear power generation increased by 32 per cent and hydel by 22 per cent.
This story is from the November 22, 2019 edition of The Hindu Business Line.
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This story is from the November 22, 2019 edition of The Hindu Business Line.
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