POWER

India’s power demand growth slows in November, helping ease coal shortage

India’s electricity demand grew 2.2% in November, slower than the 4.1% increase in October, a Reuters analysis of government data showed, helping the energy-hungry nation tide over a crippling coal shortage that caused widespread power cuts.

Surging power demand and high global prices in October left utilities scrambling for coal, India’s dominant fuel for power generation, despite record supplies from state-run Coal India, which has a near-monopoly of production.

Average daily coal-fired power generation in November was down 2.8% from October, an analysis of load dispatch data from federal grid regulator Power System Operation Corporation Ltd (POSOCO) showed.
The number of plants having supply agreements with Coal India with inventories of three days or less fell to 31, as of Nov. 29, latest data from the federal power ministry shows, compared with 44 out of the 135 plants in October.

The average coal inventory held by power plants would last nine days, higher than six days on Oct. 31, but still lower than the average of 12 days three months ago.

Dependence on coal for electricity generation rose to 75.2% in November, compared with 70.6% in October, though the total electricity production from coal fell.

Source
ET Energy World
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