India's electricity consumption surges 14% to 112.81 billion units in November
The government in its latest data has stated that India's power consumption logged a double-digit growth of 13.6 per cent to 112.81 billion units in November 2022 compared to the year-ago period. The robust growth of power consumption in the month mainly indicates an increase in economic activities as generally it remains subdued in November.
It mentioned in November last year, power consumption was 99.32 billion units (BU), higher than 96.88 BU in the same month of 2020. The peak power demand met, which is the highest supply in a day, last month rose to 187.38 gigawatt (GW).
The peak power supply stood at 166.10 GW in November 2021 and 160.77 GW in November 2020. The peak power demand met was 155.32 GW in November 2019, which was the pre-pandemic period. Electricity consumption in November 2019 stood at 93.94 BU.
Tag News
Monthly Debt Market Update, September 2023: CareEdge Ratings