Power

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Power crisis shrinks China's economic growth to 4.9%

When a leading economy like China faces stagnant growth, it becomes alarming for the experts of world markets and economists, about the way every economy will be affected by it. The third quarter report by the National Bureau of Statistics(NBS) suggested that the growth China saw was just 4.9%.

Official Data Shows 15% Increase In Coal-Based Power Generation

In December, India's coal-fired electricity generation increased by 15.03% to 98,443 million units (MU), according to government statistics. Coal-based power generation, which accounts for 76.59% of the nation's overall power generation, was at 85,579 MU in the corresponding month of the previous fiscal.