Power demand shows signs of recovery as total generation rises by 11%

Feb recorded second straight month of demand uptick across the country

The country’s power sector is on the recovery trajectory following the second straight month of demand uptick in February after four successive months of decline.

Conventional electricity generation rose 11 per cent year-on-year (y-o-y) in February.

“The demand uptick was broad-based and across states. Coal-based generation increased 10 per cent y-o-y, hydro generation rose 18 per cent while nuclear generation was up eight per cent”, a report by Motilal Oswal noted.

Coal stocks at power plants increased, led by ramp-up in coal production. Output of Coal India Ltd (CIL) was up 14 per cent y-o-y in February. Stocks at power plants stand at