Power Sector Update: Care Ratings
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Care Ratngs Research Report
Power consumption and consequently generation declined in November 2020, indicative of the dilution of the initial rebound seen with the easing of lockdowns.
Consumption as well generation fell on a sequential basis (i.e. from October 2020) but were higher than that in November 2019.
Electricity generation in November was the lowest in seven months. Conventional as well renewable energy generation witnessed a significant decline on a monthly basis, with a steeper decline in the latter.
The short term trade volumes on the power exchanges too were lower in November, denoting lower power demand.
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