Power Sector Update: CARE Ratings  
Buildings stand behind a transmission tower at sunset. (Photographer: SeongJoon Cho/Bloomberg)

Power Sector Update: CARE Ratings  

Bookmark

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 Ratings Research Report

Electricity consumption and generation witnessed a notable improvement in March 2021.

Both conventional as well as renewable energy witnessed a monthly as well as an annual increase in generation in March-21.

This along with firming up of prices in the short-term electricity market during the month was indicative of the strengthening of electricity demand and hinted towards the tentative economic recovery.

Electricity generation in FY21 was marginally lower than that in FY20 with lower output from conventional sources.

Consumption too was slightly lower than year ago owing to the lower demand in the first five months of FY21.

Click on the attachment to read the full report:

CARE Ratings Update on Power Sector March 2021.pdf

DISCLAIMER

This 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 author entity 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.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.