Power consumption grows by 4.4% to 139.23 billion units in June 2023
The government in its latest data has indicated that power consumption grew by 4.4 per cent to 139.23 billion units (BU) in June 2023 as compared to last year. In the year-ago period, power consumption stood at 133.26 BU, higher than 114.48 BU in June 2021.
The peak power demand met, which is the highest supply in a day, rose to 223.23 GW in June 2023. The peak power supply stood at 211.72 GW in June 2022 and 191.24 GW in June 2021.
The power ministry had estimated the country's electricity demand to touch 229 GW during the summer season. But the demand did not reach the projected level in April-May this year due to unseasonal rains. Power consumption was affected in March, April and May this year due to widespread rains in the country.
Tag News
Monthly Debt Market Update, September 2023: CareEdge Ratings
