Power demand declines for fourth quarter in a row
Power demand and generation declined for the fourth quarter in a row in the country, indicating a slowdown in the economy.
Total conventional power generation, which is predominantly fuelled by coal, was down 6 per cent on a year-on-year basis in November, according to a report from brokerage firm Motilal Oswal. The decline was broadbased, with power generation down across regions, the report added.
Renewable energy
On a year-to-date basis, conventional energy generation went up a mere 0.2 per cent. Renewable energy output too saw a decline of 6 per cent over the November 2018 figures.
