24 C
Delhi
Friday, December 4, 2020

All-India energy demand up in Sep after 6 months of decline: Report

- Advertisement -

NTPC, SECI to set up dispute resolution in clean energy sectorNew Delhi, Oct 22 (IANS): Easing of lockdown curbs lifted India’s energy demand in September after a decline of six months, said India Ratings and Research (Ind-Ra) on Thursday.

In a report on India’s power sector, the ratings agency said that in September 2020, the all-India energy demand increased 4 per cent YoY after declining for the six consecutive months to 112.6 billion units.

“This was led by an improvement in the demand from the northern region and the western region due to the further lifting of lockdown for certain economic activities under Unlock 4,” the report said.

READ ALSO:  India needs to fast prepare for multiple scenarios: Report

“Even though the energy demand has been recovering, the demand over 1HFY21 came in 8.7 per cent YoY lower.”

Besides, the report cited that electricity generation excluding renewables increased 4.4 per cent YoY to 109.8 billion units in September 2020 owing to an 8.4 per cent YoY growth in thermal generation.

READ ALSO:  Ind-Ra now lowers forecast for FY21 GDP growth to negative 11.8%

It further pointed out that short-term power price at Indian Energy Exchange continued to be low at Rs 2.69 per kWh in September 2020 with a 35 per cent YoY increase in the traded volume witnessed in the day-ahead market.

“The increased power demand in the short-term power market was on account of the favourable prices on the exchanges for both distribution companies and open-access buyers and the gradual lifting of the lockdown,” the report added.

India Updates
India Updates is an independent news & Information website. Follow us for regular updates on News and Information.

Follow Us On

Related News

Huge renewable energy plans lie ahead for next decade: PM Modi

New Delhi, Nov 26 (IANS) Prime Minister Narendra Modi on Thursday announced that there are huge renewable energy deployment plans for India for the next decade which...

Dedicated power supply arrangement for industry on anvil

New Delhi, Nov 21 (IANS) The government proposes to put in place dedicated power distribution channel for industries in the manufacturing zones in order...

Weak demand from power sector pushes up CIL’s e-auction of coal

New Delhi, Oct 24 (IANS) With weak demand from the power sector in the wake of Covid-19 disruptions, the country's largest coal producer Coal...

Now coal demand expected to rise in festive season, say Ind-Ra

New Delhi, Oct 21 (IANS) Coal demand is expected to pick up on a year-on-year basis as the end-user industries ramp-up capacity utilisations during...

Ind-Ra now lowers forecast for FY21 GDP growth to negative 11.8%

New Delhi, Sep 8 (IANS) Ratings agency India Ratings and Research (Ind-Ra) on Tuesday revised its FY21 GDP growth forecast further downward to negative...

RIL has 15-year vision to be a new energy company: Report

Mumbai (IANS) Oil and telecom major Reliance Industries (RIL) has a 15-year vision to become a new energy company aimed at turning into a...

Trending Topics In India

Covid 19 India Updates

What does the PM stand by: Rahul quizzes govt over Covid vaccination

New Delhi, Dec 3 (IANS) Former Congress Chief Rahul Gandhi took a swipe at the Centre by highlighting the differing stance of the BJP...

What does the PM stand by: Rahul quizzes govt over Covid vaccination

New Delhi, Dec 3 (IANS) Former Congress Chief Rahul Gandhi took a swipe at the Centre by highlighting the differing stance of the BJP...

Amarinder to take first Covid-19 vaccine shot in Punjab

Chandigarh, Dec 2 (IANS) With the Covid-19 vaccine in the final stages of operationalisation in India, Chief Minister Amarinder Singh on Wednesday said he...

May vaccinate those infected with Covid or having its antibodies: Govt

New Delhi, Dec 1 (IANS) The Union Health Ministry hinted on Tuesday that the people infected with Covid-19 or those who have recovered and...

Centre: homeopathic drugs permitted as add-on treatment in Covid; SC says will clarify

New Delhi, Dec 1 (IANS) The Centre on Tuesday informed the Supreme Court that Ministry of Ayush has permitted the homeopathic medical practitioners to...

Vaccine will not be released for mass use unless proven immunogenic: Serum Institute

Chennai, Dec 1 (IANS) Vaccine development company Serum Institute, India on Tuesday said the Covidshield vaccine will not be released for mass use unless...

Trending News In India

Millions of bad bots attacks on e-commerce sites detected

New Delhi, Dec 3 (IANS) Amid the online shopping spree during the holiday season, security researchers with Barracuda Networks, a leading provider of cloud-enabled security...

Flipkart launches ‘2GUD Local’ to digitise offline retailers

Bengaluru, Dec 4 (IANS) Flipkart's independent value-driven platform, 2GUD on Friday launched 2GUD Local to connect popular offline retailers scattered across the country with...

Sensex hits 45,000 mark for first time ever

Mumbai, Dec 4 (IANS) The BSE Sensex crossed the 45,000 mark for the first time ever, after the RBI Governor Shaktikanta Das said that...

E-commerce industry sees 56% growth in festive orders: Report

New Delhi, Dec 4 (IANS) India's e-commerce industry reported nearly 56 per cent growth in order volume this festive season amid the pandemic as...

Commercial, cooperative banks don’t have to pay dividends for FY20

Mumbai, Dec 4 (IANS) In a major relief to state-run commercial banks and cooperative banks, RBI Governor Shaktikanta Das on Friday announced that the...

‘RBI to decide on bank licences to corporates after due examination’

Mumbai, Dec 4 (IANS) At a time when the proposal of giving bank licences to corporate houses has received criticism from several quarters, the...

Trending Showbiz

Yogi promises world class film city, opens doors for investment

Mumbai/Lucknow, Dec 2 (IANS) Uttar Pradesh Chief Minister Yogi Adityanath said on Wednesday that the proposed film city in Noida would offer ‘world class’ facilities to the entertainment...

Lionsgate Play arrives in India to take on Netflix, Amazon Prime

New Delhi, Dec 2 (IANS) Starz, one of the leading premium global streaming platforms, on Wednesday launched its independent direct to consumer over-the-top (OTT) app...

Hansal Mehta decodes why sports-based films do well

New Delhi, Nov 30 (IANS) Filmmaker Hansal Mehta, who is currently riding high on the success of his new sports drama Chhalaang, has revealed...

Babuji left me his life and works, says Amitabh Bachchan

Mumbai, Nov 30 (IANS): Iconic actor Amitabh Bachchan says his life and work is nothing compared to the legacy of his father and late eminent...

Trending Sports

FIH allocates quotas for 2022 and 2023 World Cups

Lausanne (Switzerland), Dec 3 (IANS) The International Hockey Federation (FIH) on Thursday allocated quotas for the 2022 women’s World Cup and the 2023 men’s...

Indian team can now compete against ‘high-profile opponents’: Ashalata

New Delhi, Dec 2 (IANS): India captain Ashalata Devi feels women's football in the country has come a long way forward where they can compete...

India 6th on Super League table, Australia climb to top

Canberra, Dec 2 (IANS) Australia jumped to the top of the ICC Men’s Cricket World Cup Super League points table after their 2-1 win...

Pandya, Jadeja power India to 13-run win, avoid whitewash

Canberra, Dec 2 (IANS) India, riding on a 150-run partnership between Hardik Pandya and Ravindra Jadeja for the sixth wicket and a three-wicket haul...

Michael Schumacher’s son Mick to race F1 for Haas in 2021

New Delhi, Dec 2 (IANS) The Schumacher name will make a racing return to Formula One next year as Mick Schumacher -- son of...

Bowlers found difficult to adapt from T20 to 50-over format: Iyer

Canberra, Dec 1 (IANS) Middle-order batsman Shreyas Iyer has admitted that the Indian bowlers have struggled to adapt to the 50-over format from the...

Latest Trending News In India

Farmers at Delhi-Ghazipur border to intensify stir if demands not met

New Delhi, Dec 4 (IANS) Farmers protesting at Delhi-Ghazipur border against the three contentious agricultural laws on Friday warned that they will amplify the protest...

Flipkart launches ‘2GUD Local’ to digitise offline retailers

Bengaluru, Dec 4 (IANS) Flipkart's independent value-driven platform, 2GUD on Friday launched 2GUD Local to connect popular offline retailers scattered across the country with...

Sensex hits 45,000 mark for first time ever

Mumbai, Dec 4 (IANS) The BSE Sensex crossed the 45,000 mark for the first time ever, after the RBI Governor Shaktikanta Das said that...

E-commerce industry sees 56% growth in festive orders: Report

New Delhi, Dec 4 (IANS) India's e-commerce industry reported nearly 56 per cent growth in order volume this festive season amid the pandemic as...

Commercial, cooperative banks don’t have to pay dividends for FY20

Mumbai, Dec 4 (IANS) In a major relief to state-run commercial banks and cooperative banks, RBI Governor Shaktikanta Das on Friday announced that the...