Power generators shut capacity as Covid-19 hits demand, upends normal life
With normal life thrown out of gear with a nationwide lockdown, the power sector is witnessing an unprecedented amount of generation capacity being shut.
In a month, the demand for power has gone down by 31 per cent. And, there has been a 68 per cent increase in capacity which has been backed down.
According to data from regional load despatch centres, of 117,000 Mw generation capacity, 41,037 Mw was shut on Friday due to “low demand/reserve shutdown”. With the high-paying commercial consumers shut for another 21 days, states are avoiding power purchase. Some states are shutting down their costlier units and shifting to cheaper sources. Uttar Pradesh has already said it will be unable to pay to power and coal companies and the railways.
