Electricity generation grew for the second consecutive month clocking 10.5% in February, shows data from Central Electricity Authority. Growth was aided by an extra day in the month in 2020, and a low base last year, when generation fell 0.6%.
Adjusted for the extra day, growth in February will be 6.7%, which is decent compared to the 2% rise in January and 2-13% fall in September-December 2019.
The improvement coincides with the recovery in business activity after year-end holidays. Container traffic grew after four months of declines in January, shows data compiled by Antique Stock Broking Ltd.
