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Thermal performance buoyant but hydel posts weak results
Apr 11: Power Generation during Q4FY18 increased by 3.9% yoy
8Coal based generation improved by 5.1%  while nuclear power output went up by 6.0%
8The point to note however is that hydro generation declined by 8.4%. Decline in the Hydro segment's generation was primarily due to low water levels across the reservoirs (following poor rainfall) and lower snow fall during Q4FY18.
8Gas power output stayed flat
8Average spot rate on the exchanges improved by 56.8% yoy to Rs4.0/unit during Q4FY18.
8Coal dispatches to the Power sector improved by 11.4% yoy
8All this means that NTPC and other thermal generators are likely to post better performance while NHPC will exude weaker fundamentals
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