Overhaul of 2 units led to generation decline: JSW Energy

JSW Energy reported a decline of 2.5 percent in total income for quarter-ended September but held up its margins. In the second quarter of current financial year, the company raked in a total income of Rs 2,024.63 crore compared to Rs 2,076.53 crore in the same period a year ago.

Commenting on the decline seen in generation, Sanjay Sagar, Jt MD & CEO, JSW Energy says, "The reasons for the decline in generation were two; One, we have taken two units for annual overhaul, which are usually done in monsoon quarter, which is at Vijaynagar. Second, at Ratnagiri there was a lot of backing down because of the extend monsoon. Due to that the customers backed down our power to very great extent and that led to a fall in the generation number and in the plant-load-factor (PLF). The company has 995 MW of operational generating capacity and 2145 MW of generating capacity in the construction or implementation phase.