NEW DELHI: India’s power demand, a key indicator of economic growth, jumped more than 10% in the April-November period of the current financial year, indicating a strong recovery.
Government data shows coal-fired generation meeting 71% of the demand, making it clear that black diamond will continue to occupy the centre stage amid rapid growth in power demand.
Consider: all sources put together generated 978 billion units (BU) during the period under review, while coal-fired plants accounted for 696 BUs.
Indeed, coal-fired plants stepped up generation by 14% to bridge the gap left by a 28% fall in output from stations running on imported coal and 43% from imported gas as a sharp rise in their prices made them uneconomical for cash-strapped distribution companies.
