08-02-2022 12:22 PM | Source: Accord Fintech
India`s power consumption grows marginally by 3.8% in July
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Power ministry data has showed that India's power consumption grew marginally by 3.8 per cent year-on-year to 128.38 billion units (BU) in July 2022 amid widespread rains across the country in July with the onset of the Monsoon.

According to the data, power consumption in July last year was recorded at 123.72 BU, which was higher than 112.14 BU in the same month of 2020. However, the peak power demand met, which is the highest supply in a day, during July dipped to 190.38 GW. The peak power supply stood at 200.53 GW in July 2021 and 170.40 GW in July 2020.

It further said power consumption and demand were affected in July 2020 due to the staggering impact of the imposition of lockdown restrictions for curbing the spread of the deadly coronavirus. The consumption in July 2019 (pre-pandemic period) was 116.48 billion units. Power consumption, as well as demand, would grow steadily in the coming months in view of almost normal economic activities in the country.