India's electricity generation falls 14.3% in May

reuters.com Production & Sales,  International 2020-06-02 08:54:24

India's electricity generation in May fell at a slower pace than in April, as higher temperatures lead to greater demand for residential power and the government eased some lockdown restrictions to control the spread of the coronavirus.


Overall electricity generation fell 14.3% in May, a Reuters analysis of provisional government data showed, compared with a decline of 24% in April.


Despite higher consumption by residential consumers, power use was lower as many industries and commercial establishments - which account for over half of India's annual consumption - were shut or not operating at full capacity.


Electricity generation from coal - India's primary source of electricity - fell 22%, an analysis of daily load dispatch data from POSOCO showed. Coal's contribution to overall electricity generation in May fell to 64.2%, compared with an average of over 70.7% last year.


India's electricity demand is likely to fall for the first time in at least four decades this fiscal year, analysts say, adding to the woes of coal-fired utilities, which were already hurting due to a prolonged industrial slowdown.


Thermal coal imports by India - the second-largest consumer, importer and producer of coal and third-largest greenhouse gas emitter - could fall as much as 18% in 2020 due to lower electricity demand, Anurag Sehgal, an analyst at Noble Resources said, a blow to miners in Indonesia and South Africa.


Meanwhile, India's solar power supply grew 12.7% and hydro-powered electricity supply rose 3.6%, while gas-fired power output was 13.8% higher, the data showed. However, wind-powered electricity supply fell 10.8%.


The share of fossil fuels in overall electricity generation in May was 70.71%, compared with 76% the previous year, an analysis of data from POSOCO showed.


(Writing by Jessie Jia  Editing by Alex Guo)
For any questions, please contact us by inquiry@fwenergy.com or +86-351-7219322.

Share this article
Connect with us

Editors Recommendations

1 Indonesian miners raise offer prices as heavy rain impacts supply 2020-07-16

Indonesian miners began to increase their offer prices amid supply disruptions caused by heavy rain, which, according to local media, has led to flash floods and landslides claiming at least 21 deaths

2 China's coking coal prices hold steady; downward pressure looming 2020-07-16

China's coking coal market was largely unchanged but the downside seemed under way as the demand sagged after two rounds of price decline in the downstream sector. Coke producers started

3 CHN Energy's renewed spot sales send bad signal to spot thermal coal market 2020-07-16

China's top miner CHN Energy renewed spot thermal coal sales after announcing suspension in early July amid supply shortage, sxcoal.com learned, sending bad signal to the spot market.

4 Chinese met coke producers divided on price decline magnitude 2020-07-16

China's metallurgical coke prices stabilized on July 16, after a second round of 50 yuan/t decline, yet views from coke producers over the magnitude of total decline were a bit divided. P

5 China Coal Daily Track (Jul 16) 2020-07-16

Thermal coal Production area Large mines in Yulin generally reported a balance between coal production and sales, while a few mines cut settlement prices for increased output and descended co

6 CHN Energy resumes spot thermal coal sales; spot prices under pressure 2020-07-16

Market sources said the top coal producer in China resumed spot sales on July 15, raising concerns of a further decline in the market as it was regarded as a sign of supply recovery. On J

7 China Jun daily steel output hits a new high of 3.86 Mt 2020-07-16

The average daily steel product output of China's steel enterprises reached a record high of 3.86 million tonnes in June, up 4.5% from the previous month, showed the latest data from the National Bure

8 China Jun coke output continues YoY decline, official data 2020-07-16

China's coke production continued declining year on year, by 4.2%, to 40.17 million tonnes in June, faster than 3.2% decline in May, showed data from the National Bureau of Statistics on July 16.

9 China's persistent rains dent steel product sales and weigh on prices 2020-07-16

Persistent rainfalls in South China were primarily blamed for subduing sales of steel products, which kept weighing on steel prices in recent days. A clear reflection is relatively high s

10 China Jun coal output down 1.2% on yr, up nearly 5 % on mth 2020-07-16

China's raw coal production totaled 334.28 million tonnes in June, down 1.2% from June 2019 but up 4.84% from May 2020, data from the National Bureau of Statistics showed on July 16. The

Most Read Articles

1 NDRC doesn't rule out possibility to ease thermal coal import restriction, sources 2020-07-10

China's state planner, the National Development and Reform Commission (NDRC), didn't rule out a possibility to ease restrictions on thermal coal imports, sources said, if domestic supply is unable to

2 China's Jun coal imports continue to rise despite customs restriction 2020-07-14

China's coal imports in June increased nearly 15% from a month earlier, official data showed, despite the government's effort to curb import of the material from overseas. China imported

3 China has 52 10-Mtpa-level coal mines in operation 2020-07-10

China has 52 10-Mtpa-level coal mines with the total approved production capacity of 821 million tonnes per annum (Mtpa) as of now, accounting for 1/5 of the total capacity of operating coal mines in

4 Mongolia H1 coal exports plunge by over 50% YoY 2020-07-10

Mongolia exported 8.65 million tonnes of coal in the first six months of 2020, plummeting by 52.01% from 18.03 million tonnes in the corresponding period of last year, according to data from the Mongo

5 Chinese traders see thermal coal prices remain stable in near term 2020-07-10

Chinese domestic thermal coal prices continued to be stable northern ports on July 10, unchanged for the third consecutive day after a week-long rally, convincing traders that the market will remain u

6 Two Chinese coal giants mulling merger 2020-07-13

Chinese two state-owned coal mining majors, Yankuang group and Shandong Energy Group, are planning a strategic merger, said Yankuang's listed company Yanzhou Coal Industry Co., Ltd. in an announcement

7 China coking coal market mixed, outlook uncertain 2020-07-10

China's coking coal prices showed varied trends late this week, adding to uncertainty of the outlook for the near-term market. The majority of miners maintained offer prices stable for th

8 China met coke prices temporarily stable after 50 yuan/t decline 2020-07-10

China's metallurgical coke prices were temporarily steady on July 10, but downward risk still looms ahead, as steel product inventories have risen for three consecutive weeks. Data showed

9 Downside risks arise for China coking coal 2020-07-13

Downside risks appeared in China's coking coal market, considering slowing restocking from coke plants and high supply from mines. Not a few coke producers cut back on coal intakes after

10 Indonesian thermal coal prices up slightly; restrictions remain 2020-07-13

Indonesian thermal coal prices slightly edged up on July 13, traders said, citing improved demand from the Indian market. Traders reported Indonesian 3,800 Kcal/kg NAR thermal coal was of

Scan to download sxcoal.com mobile APP

X