For the first time, power deficit during peak demand period has dipped below 1,000 MW while the nation met some 136.71 GW of demand last Sunday. Shortage was less than 1% of the total demand met.
In contrast, last year, the deficit around the same day was around 4,579 MW while the country managed to meet a total peak demand of about 134.9 GW.
Demand for power during Sunday’s are comparatively less than week days when a chunk of the demand from commercial establishments and offices remains almost non-existent. This brought down the peak demand shortage to 0.7% on the day.
Power position has improved due to adequate availability of coal and a rise in generation capacity. In fact, on Monday, some 2.8 GW of power was available for sale at an average price of Rs 2.05 per unit.
In fact, thermal power stations have around 32.7 million tonnes of coal stock which is enough for 22 days. Another 55 million tonnes of coal is stocks at Coal India’s pit heads.