Hydro power generation fell by more than 6% in August and nearly 9% in the first five months this fiscal leading to peak power demand shortages during the non-solar hours, as per the data from Central Electricity Authority (CEA).
“As the rainfall has not been up to the mark, hydro power generation is down as compared to last year. Even the wind generation is subdued,” said Vikram V, vice-president and sector head, corporate ratings, ICRA.
India saw an all-time high of peak power demand of 240 gigawatt (GW) last Friday and the same day peak shortage was exceptionally high at more than 10 GW. At all-India level, the peak shortage of 7,591 megawatt (MW) was noted at 22:40 hours.