India’s electricity generation fell for the second consecutive month in September at a time when the country’s economic growth slowed to a six-year low. Power generation declined 4.5 percent year-on-year to 113.6 billion units, according to data from the Central Electricity Authority’s website.
That includes conventional and non-conventional sources of energy, including thermal, hydro-electric and solar power plants. The decline in power generation over last year is on the back of a drop in thermal power production although it was offset by higher hydel generation to some extent, Girish Kadam, vice president and sector head (corporate ratings) at ICRA, told BloombergQuint over the phone. Read More
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