As per reports, India’s electricity generation had declined at a slower pace in July compared with June. This was driven by a recovery rate in consumption in populous northern and central states. July power generation had fallen 1.8 per cent, a Reuters analysis of daily load despatch data from federal grid operator POSOCO had shown as compared to a 9.9 per cent decline in June. In the second half of July, electricity generation declined 3.1 per cent, compared with a 0.6 per cent slide during the first fifteen days of the month.
Prime Minister Narendra Modi had been citing electricity consumption to show that there have been “greenshoots” in the Indian economy. The improvement in power demand in July was largely led by higher consumption by populous northern, eastern and central states such as Madhya Pradesh, Uttar Pradesh, Bihar, Jharkhand and Rajasthan, the data showed.
All the Industrial western states such as Maharashtra and Gujarat, Delhi in the north, and the southern states of Tamil Nadu, Karnataka and Andhra Pradesh had also witnessed significant declines in electricity use. These regions are among the most affected by the coronavirus.
India’s factory drop had deepened in July due to the renewed lockdown measures to contain surging coronavirus cases weighed on demand and output, raising the chances of a sharper economic contraction.
India’s fuel sales – a proxy for oil demand – in July slipped from June, indicating slower industrial activity as high retail prices, floods and renewed coronavirus lockdowns in parts of the country dented demand.Renewable energy generation fell nearly 20 per cent, mainly due to a 41.6 per cent decline in wind-powered electricity output. Solar-powered electricity production grew 18.7 per cent, compared with 5.6 per cent in June. (Source : ndtv)
India’s primary source of power form the coals, continued to fall in July. However, coal’s contribution to overall electricity generation in July rose to 64.6 per cent, compared with 61.6 per cent in June. Gas-fired power output was up 23.5 per cent.
