Anand Rathi: India’s Power Generation Grew Marginally After Four Months Of Contraction

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Anand Rathi Report.After four months of contraction, power generation turned marginally positive (0.1%) in July 2020, hydro grew in low teens, plant load factor for thermal crossed 50%.As an early sign of growth revival, power generation (utilities) recorded 0.1% growth in July 2020 mainly due to strong growth in hydro-power generation.Thermal, too, bounced back from a 29% contraction in April 2020 to a 2% contraction in July 2020. Nuclear, however, maintained a downward trajectory.Compared to July 2019, the shares of the East and West in power generation improved, while that of the South declined. The share of state utilities declined and that of central improved..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Anand Rathi: India’s Power Generation Grew Marginally After Four Months Of Contraction

Anand Rathi: India’s Power Generation Grew Marginally After Four Months Of Contraction

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