India's power output grew an annual 6.39 percent in May to 67.98 billion kilowatt hours, the Central Electricity Authority said in a report on Wednesday, even as coal shortages curbed thermal power generation.India has 10 percent of the world's coal reserves, the biggest after the United States, Russia and China, but its coal imports have grown rapidly from almost zilch five years ago to an estimated 70 million tonnes in the fiscal year to end-March 2010.Annual growth in coal-based power generation was less than 3 percent in May, when 11 power stations had coal stocks sufficient to generate power for less than four days, data showed.India aims to import 35 million tonnes of coal for power generation in the current fiscal year.Gas-based generation grew 18.24 percent in May due to higher availability of fuel from the gas fields operated by Reliance Industries in the Krishna-Godavari basin, off the east coast.Thermal electricity, which accounts for about two-thirds of India's power generation and includes using coal, gas and liquid fuel, grew about 4.88 percent last month.India's peak power deficit, the shortfall between supply and demand in peak hours, in May is estimated to narrow at 12.8 percent compared with the actual 14.3 percent in April.Energy deficit, shortages of fuel for power stations, is seen improving to 11.4 percent in May from the actual 14.6 percent recorded in April.(Reporting by Nidhi Verma; editing by Malini Menon)News posted by www.newsinfoline.com
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