The Centre on Wednesday dismissed media reports of a slowdown in the thermal power sector and said that the lower demand in October resulted due to increasing consumption of renewable energy and hydroelectricity.
In a series of tweets, Minister of Power and New and Renewable Energy R K Singh said the Central government has added renewables and fall in demand of thermal power was to be attributed to the reduced dependency on thermal sources of energy.
“I dismiss the reports of thermal power demand slowdown. We have brought flexibilization and took major steps to reduce inefficiency in the sector… Statement that the lower demand in October was indicative of a slowdown in the economy is nonsensical,” he said.
The minister also attributed the fall in demand to an increase in rainfall during the agricultural season. “In October, the rainfall was 35 per cent more than the previous year, thus the agriculture demand for power fell Read more