India’s daily avg. electricity use in May down 10.4% from April. Power consumption grows 8.2% in May YOY.
Power demand recovery to continue despite blip: Ind-Ra. DISCOMs’ outstanding dues to GENCOs fall 3% in March.
India’s utility scale solar installations decline 39% in FY 2021. 9000cr+ worth of renewable energy certificates sold in India till date.
India’s power consumption grows ~25% in the first week of May. Highest trade volume of 22.42BU reached on IEX in March quarter.
India’s power consumption grows 41% YOY in April. Average spot power price up 53% to Rs 3.70/unit in April at IEX.
Electricity generation falls 2.9% in second half of April. Lockdown constraints & second wave of COVID-19 downside risk for power demand: ICRA.
India’s power consumption grows ~45% in the first half of April. EV registrations in Mumbai up 115% in 2020-21.
New National Electricity Policy to be drafted. FAME-II certificate validity extended to one year from date of issue.
Average spot price up 65% to Rs 4.06/unit at IEX. DISCOMs’ outstanding dues to GENCOs rose to Rs 1.02 lakh cr in February.
Power consumption grows 24.35% in March. Annual power demand drops for the first time in 35 years. Consumers in Mumbai can purchase 100% green energy at 66 paise extra per unit.