Power News We love to talk!

JUN 29 2017

Power output up, low coal stock an issue: India Ratings

  • Economic Times, ET Bureau / Hyderabad
  • Created: Thu 29th JUN 2017

 

 Power demand and generation has improved in May, but declining coal stock may lead to power shortage, India Ratings said in a report.

"Power demand in May 2017 increased 6.3 per cent year on year to 105.5 billion units (BUs). Even after the sharp increase in year on year demand in May 2017, India was able to manage the power deficit at 0.6 per cent in May 2017 (May 2016: 0.6%) aided by strong generation growth at 7.3 per cent year on year," India Ratings said in June edition of its credit news digest on India's power sector.

According to the statement, among the high energy consuming states over 4 BUs per month, five states have reportedly posted double digit increase in demand. Demand (year-on-year) increased by around 12 per cent in Maharashtra, 20 per cent in Uttar Pradesh, 12 per cent in Andhra Pradesh, 14 per cent in Telangana and around 11 per cent in Haryana.

It said the increase in power generation was contributed by higher thermal and hydro generation, which increased by 6.5 per cent and 15.7 per cent, respectively. All-India PLF (plant load factor) for coal and lignite based power plants improved for the first time on a year-on- year basis in last 11 months ended May 2017 to 64.4 per cent (62.2% May 2016).

In terms of the capacity addition, India added around 1.2 GW of coal-based capacity in May 2017. The cumulative capacity addition stands at 3.76 GW during the two months ended May 2017 (largely contributed by coal-based capacity (97%).

The coal production remained subdued as output by Coal India Limited declined 4.5 per cent year-on-year in May 2017 at 40.7 mt, though coal production increased 6 per cent month-on-month basis.

However, it said May 2017 coal production is substantially low as compared to March 2017 at 66 mt. Coal inventories at thermal power plants further declined 46 per cent year-on-year to 17.7 mt in May 2017 leading to eight plants having critical and subcritical levels of inventory, it added.

 

Tags

Haryana Uttar Pradesh Maharashtra Andhra Pradesh Telangana Coal Coal India Limited Power Generation Energy Capacity Addition Power Power shortage India

Related News

  • Government companies may help to rescue stressed private power plants  Read more
  • State-run discoms take lessons from private firms to trim losses  Read more
  • Tata Power completes acquisition of 30 MW wind farm in Maharashtra  Read more
  • US Banker Rahul Goswami bets on Modis green ambition  Read more
  • Petronet seeks speedy nod for LNG pipeline to Karnataka  Read more
  • JSW Energy Q2 net up 95% at Rs. 319 crore  Read more
  • India sees lowest plant load factor in 15 years; power capacities operating at 65%  Read more
  • PMO panel on Delhi air quality reviews crop burning options  Read more
  • GAILnet up 35% on transmission volumes  Read more
  • Biomass-based powerproducers seek interest subvention  Read more