The utilisation level at coal-based power plants remained muted in November amid the slowdown in electricity usage. The average plant load factor (PLF) of these power plants was 51.4%, against 60.5%in the corresponding month last year. The falling electricity usage had pushed PLFs to an all-time low of 48.9% in October.
According to available data, the lowest annual average thermal PLF was recorded at 52.4% in FY86.
Conventional power generating companies are undergoing additional pressure with pan-India electricity demand falling for the fourth straight month in November. As first reported by FE, electricity consumption in the country fell 5.5% year-on-year (y-o-y) in November, following a steep 12% decline in October.
