Summary
However, basic issues continue to dog the sector
For the second consecutive month, power demand is up, indicating signs of recovery. In February, conventional electricity generation increased 10.4 per cent on a yearly basis, according to a report by brokerage firm Motilal Oswal.
In comparison, power demand was down from September to December 2019. All-India peak demand for the 2020 fiscal was 183 GW, which is higher than the last three years’.
The demand pick-up was broad-based and across States. Coal-based generation increased 10 per cent YoY, hydro generation went up 18 per cent while nuclear generation w......