Signs of greenshoots: India’s electricity output recovers further in first half of July

CHENNAI: India’s electricity generation during the first half of July fell at a slower pace than in June, provisional government data showed, as industries and commercial establishments opened up after further following gradual easing of lockdowns.

Power generation fell 3.1% in the first 15 days of July compared with the same period last year, a Reuters analysis of daily load despatch data from federal grid operator POSOCO showed, compared with a 9.9% fall in June.

In the second half of June, electricity generation declined 5.3%.

While power use has picked up from previous months when India was under a strict lockdown, electricity demand – which is impacted by seasonal changes – is still lower when compared with the same periods from the previous year.