Power generation & traffic point to limited activity than before
Some indicators are lower than their peak in August
"We are interested because finally this big country is making it possible for private ownership of power distribution assets," CEO Francesco Starace said
India's electricity generation rose by 16.1% in August compared with a year earlier, lifted by a 23.7% jump in coal-fired power generation that led to a coal shortage at utilities across the country
State-run power giant NTPC on Monday said that it has geared up to meet rising power demand and recorded electricity generation growth of 23 per cent over the previous year. The country is witnessing a sharp increase in power demand and NTPC is making all efforts for meeting demand as per the grid requirement, it statement said. NTPC has geared up to meet the increasing demand and the generation from NTPC group stations has registered a 23 per cent growth compared to the previous year, it stated. Under flexible utilisation of coal policy, NTPC is arranging coal at the stations where the stock position is critical. Further, it said that it is continuously coordinating with Coal India and Railways for augmenting coal supply at critical stations and diverting rakes wherever required. It is also augmenting 2.7 Lakh MT import coal left out from the contracts placed earlier. Darlipalli Unit 2 (800 MW) was put in operation, and commercial operation of the unit is being done with effect
Other indicators show strengthening revival
Government's think tank NITI Aayog has valued state-owned power generation assets at Rs 39,832 crore which can be monetised by the financial year 2025
Power generation also registers a surge; 20% higher than in 2019
The power generation recovered sharply week on week basis as a lull in monsoon rains raised temperatures across the country
Power generation was above the 2019 levels but remained flat on a week-on-week basis
In the final instalment of a four-part series on how some of the defining numbers in key sectors are springing back to the pre-pandemic level, Shreya Jai looks at India's power sector
Almost 77 per cent of workplace visits were back, while use of transit stations was at 85 per cent of 2019 levels
Traffic picks up in major cities, personal mobility and use of public transport increases
NTPC Group companies have achieved over 100 Billion Units (BU) of cumulative generation in the current financial year at a much faster rate than last year.
Multiple repackaging has impacted the success of this four-year-old flagship scheme to de-dieselise agriculture through solar-powered pump sets
Power consumption during July 1-7 last year was 25.72 BU. Power consumption was recorded at 26.63 BU in first week of July in 2019
Many states have been witnessing high temperatures due to delayed monsoon
Indicators like traffic and emissions also show some signs of recovery, though more in some parts of the country than others
The latest power distribution scheme reflects old structural flaws
India's markets in electricity are roiled by low and unstable prices