Power demand, generation decline for the fourth straight quarter

Venkatesh Ganesh, Mumbai, January 19 Power demand and electricity generation in the country declined for a fourth quarter in a row due to continued slowdown in the economy.

The trend was seen across both conventional and renewable energy (RE). According to a Motilal Oswal report, conventional electricity generation in December, declined 2 per cent, when compared to the same period last year.

This was similar to the November data when total conventional power generation, which is predominantly powered by coal, was down 6 per cent on a year-on-year basis.

Further, on a year-to-date basis, generation was down slightly by 0.1 per cent.