Infrastructure sector grows 9.9% in Sept
A rebound in crude oil output and power generation propelled overall infrastructure growth to 9.9 per cent in September this year compared to 6.3 per cent in the same month last year.
Cumulatively, the six core industries - crude oil, petroleum refinery products, coal, electricity, cement and steel - registered a growth of 7.3 per cent in April-September this year as against 6.1 per cent in the corresponding period last year, according to government data released today.
In September, crude oil production surged to 9.3 per cent from a negative 7.3 per cent in the same month of 2005. Power generation grew by 11.5 per cent during the month as compared to a negative 0.7 per cent in September 2005.
Refining throughput also increased by a strong 13.5 per cent during September 2005 as against a mere 4.9 per cent last year, while cement production shot up by 15.9 per cent from 4.9 per cent in the corresponding month of 2005-06.
However, coal production declined to 0.6 per cent as against a growth of 4.3 per cent, while steel output rose by a much slower rate of 8.4 per cent as against 23.3 per cent in September last year.
During April-September 2006, crude petroleum production showed a growth of 4.1 per cent as compared to a negative 5.0 per cent in the corresponding period last year, as per the provision data released by the government.
Refinery production grew by 12.3 per cent so far this fiscal against a negative 0.7 in April-September 2005-06.
Coal production grew by 5.3 per cent in April-September 2006-07 against 6 per cent during the same period in 2005-06, while electricity generation grew by 6.7 per cent in the first six months this year as against 4.7 per cent in the corresponding period of last year.
Growth in cement production slowed down to 10 per cent in April-September this year from 11.4 per cent in the same period last year, while that in steel output declined to 7.2 per cent against 13.7 per cent in the same period last year.
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