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02-01-2024 11:57 AM | Source: Accord Fintech
India`s power consumption dips 2.3% to 119.07 BU in December
News By Tags | #India #Economy #PowerSector

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The government data has showed that India’s power consumption dipped 2.3 per cent to 119.07 Billion Units (BU) in December 2023, marking its first monthly decline in eight months due to lower demand for heating equipment, especially in the north, on account of mild winter. Earlier in April 2023, power consumption had dipped nearly 1.5 per cent to 130.08 BU compared to 132.02 BU in the year-ago period. In December 2022, power consumption stood at 121.91 BU, higher than 109.17 BU recorded in the same month a year ago.

The peak power demand met -- the highest supply in a day -- rose to 213.62 GW in December 2023. The peak power supply stood at 205.10 GW in December 2022 and 189.24 GW in December 2021. It showed that peak power demand touched 213.62 GW on December 29. It was recorded as low as 174.16 GW on December 3. It crossed the 200 GW mark on December 14, 2023, when it stood at 200.56 GW. 

However, the peak supply touched a new high of 224.1 GW in June before dropping to 209.03 GW in July. Peak demand touched 238.82 GW in August. In September 2023, it was 243.27 GW. The peak demand was 222.16 GW in October and 204.86 GW in November 2023. The power ministry had estimated the country's electricity demand to touch 229 GW during the summer. The demand did not reach the projected level in April-July due to unseasonal rains.