Report on Power Sector_May’23

The note delves into the global power supply and consumption dynamics, highlighting China’s role in driving global demand and record-high European gas inventories. Domestically, with demand peaking in Apr-23 due to rainfalls, challenges in May-23 with an uncertain monsoon are anticipated. At last it covers various trends in the sector like record coal production, introduction of a new auction method for wind projects, and other regulatory updates.

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