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Power generation flat in June 2017 at 97 billion units

Power generation in June 2017 remained flat at 97 billion units on account of lower demand from distribution companies according to a credit rating agency.

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Power generation in June 2017 remained flat at 97 billion units on account of lower demand from distribution companies according to a credit rating agency.

"Power generation in June 2017 remained flat at 97 billion units on account of lower demand from distribution companies. Continuous spell of pre-monsoon showers across northern India in June 2017 led to reduction in temperature leading to lower power demand, India Ratings and Research said in a release.

In June 2017, power generation from Punjab and Haryana reduced y-o-y by 39 per cent and 11 per cent, respectively.

Lower generation led to reduction in all-India PLF for coal and lignite-based power plants by 326 basis points to 57.4 per cent.

PLF of NTPC Limited owned plants registered a y-o-y decline of 462 basis points to 77.2 per cent in June 2017.

Coal production remained subdued as production by Coal India declined 7.2 per cent y-o-y in June 2017.

However, a 27 per cent y-o-y growth in renewable power generation to 8.7 billion units was recorded in May 2017.

 

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)

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