Despite the country facing drought conditions, power companies produced more hydroelectricity in January. While independent power producers posted a 28% increase generation in the past month from a year earlier, it was 13% higher at central public sector utilities.
So far in the current fiscal year, central PSUs posted a 13% increase in hydropower generation. But overall hydropower generation fell 4.8% since April, hurt by weak performance by utilities run by state governments. NHPC posted a 48% increase in generation in January compared with the same month last year. In the fiscal year, the central PSU produced 8% more electricity until end-January. Another Central PSU, SJVNL, generated 8% more electricity in January and 12% more since the start of the fiscal year in April.