● Neutral for Indian equities
States seek extra power as nighttime supply tightens
The brief
- Rajasthan, Gujarat, Maharashtra and Tamil Nadu have sought additional power supplies
- The Centre typically has 14 to 15 GW of coal and hydropower available for allocation to states
- Tighter supply may benefit Indian power generators while raising reliability risks for electricity users
- India’s reservoir storage falls sharply below last year; drought pressure builds across states
- ACME Solar commissions additional 66.68 MW solar capacity in Rajasthan
- Rajasthan steps up push to move households from LPG to DPNG connections
India’s tightening power supply
India’s power deficit deepened as weak wind generation added to a hydro shortfall. Shortages reached a three-year high, prompting states including Rajasthan and Gujarat to seek extra power.
Tuesday, 6 October
- States seek extra power as nighttime supply tightens