The unprecedented demand meant power utilities had to increase their purchases on the power exchanges, according to EMA Solutions, a power analytics firm.
Victor Vanya, director at power analytics firm EMA Solutions, said higher humidity in the coming weeks could lead to a surge in power demand driven by higher air-conditioning requirements, and a rapid deterioration in coal stocks.
"India's LNG imports will continue to be driven higher by the power sector in at least the next two years," said Victor Vanya, director at Indian power analytics firm EMA Solutions.
Power analytics firm EMA Solutions said, “Given the already stressed supply situation, as the poor monsoon in August resulted in high agricultural demand, the sudden fall of wind generation ... has further aggravated the situation."
"The main utility of hydro is to support wind and solar. If hydro itself becomes unreliable, India may have to think of alternatives including addition of more coal-fired power," said Victor Vanya, director at power analytics firm EMA Solutions.
