Power Sector Update: Care Ratings
Electricity pylons and electrical power lines against a blue sky. (Photographer Mikael Sjoberg/Bloomberg)

Power Sector Update: Care Ratings

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BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

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.

Click on the attachment to read the full report:

Care Ratings Power Sector Update November_2020.pdf

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