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Power generation may further improve in Q4: Ind-Ra

The report highlights the trends in the power sector, with a focus on capacity addition, generation, transmission, merchant power, deficit, regulatory changes and the recent rating actions by Ind-Ra.

January 28, 2021 / 06:06 PM IST

Power generation in the country would continue to grow in fourth quarter of this fiscal year on the back of revival of electricity demand and adequate coal stocks at power plants, rating agency Ind-Ra said in a report.

The report highlights the trends in the power sector, with a focus on capacity addition, generation, transmission, merchant power, deficit, regulatory changes and the recent rating actions by Ind-Ra.

"The all-India electricity generation (excluding renewables) is likely to continue its improvement in 4QFY21, backed by a revival in demand and the adequate stock of coal at power plants," Ind-Ra said in January 2021 edition of its credit news digest on India's power sector.

The electricity generation increased 4.6 percent YoY (year on year) to 103.7 billion units in December 2020, supported by 5.8 percent YoY growth in thermal generation, although hydro generation fell 8.2 percent as compared to the year-ago period due to above-normal hydro generation in 2019.