Power demand rises on-year but falls from September level; green energy generation takes severe hit

Electricity generation in October 2020 was higher than a year ago level but remained lower than that in the previous month. Catering to the higher power demand, electricity generation registered an on-year growth for the second consecutive month in October, said a report by Care Ratings. Electricity generation was 3 per cent higher on-year during the month but was 3 per cent lower than that in September 2020. The monthly fall was sharper in the case of renewable energy at 12 per cent contraction, against the 2 per cent fall in the case of conventional energy. However, coal power pushed up overall electricity generation during the month and helped offset the sharp fall in renewable energy generation.