Lower temperaturesने Novemberमें India की power demand को cool कर दिया, and consumption slipped by 0.3% year-on-year to 123 billion units (BUs) compared to 124 BUs last year 📉.
October में already लगभग 6% month-on-month decline देखने को मिला था।
Crisil Intelligence के मुताबिक,
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Madhya Pradesh में 11% demand गिर गई due to severe cold-wave conditions
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और Rajasthan में 7% dip आई because of cold weather ❄️
⚙️ Power Generation | उत्पादन का हाल
While demand cooled, power generation slightly बढ़ी and rose 0.5% YoY to 134 BUs in November ⚡.
🌞 Renewable Energy Gaining | रिन्यूएबल एनर्जी की तेज़ी
Renewable energy-based generation में 17% year-on-year growth दर्ज की गई, marking the eighth consecutive increase this fiscal 🌱.
This growth is mainly due to rising capacity additions across solar and wind projects.
On the other hand, coal-based generation fell for the second time this quarter, showing a shift in the power mix.
Coal का share अब total output में घटकर 72% रह गया, from 75% last year, though it still remains flexible to ramp up or down as demand changes.
🪨 Coal Stock Status | कोयले का स्टॉक
As of November 30:
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Thermal power plants had 54 million tonnes (MT) of coal
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Inventory levels stood at 18 days, up from 14 days last year
Meanwhile, offtake to the power sector declined 5.5% YoY in November, while April–October period में 3.17% decline हुआ।
This highlights that thermal coal demand is falling as renewable energy expands.
📈 Outlook | आगे की तस्वीर
Despite short-term cooling, power demand is still expected to track India’s economic growth.
Crisil Intelligence estimates that:
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Power demand may grow 1–3% this fiscal year
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Expected range: 1,715–1,725 BUs
This will be supported by steady economic performance और rising disposable income 💡.
However, weather conditions will remain a key risk factor for demand fluctuations.
India की economy इस fiscal में भी करीब 7% GDP growth maintain करने की उम्मीद है, which should support power consumption in the medium term 🚀.
✅ Conclusion | निष्कर्ष
Short-term में winter ने demand को ठंडा किया है, but the long-term story remains positive, especially with renewable energy taking the lead.
India’s power sector is clearly moving towards a greener and more efficient future 🌍⚡
