India`s power consumption increases 7.5% in April-January
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The government data has showed that India's power consumption increased 7.5 per cent on-year to 1354.97 billion units (BU) in the April-January period of fiscal 2023-24 from 1259.49 BU in the April-January period of previous fiscal, indicating an uptick in economic activities across the country. It was 1505.91 BU in the entire fiscal year of 2022-23.
Power consumption in January rose 5.4 per cent to 133.18 BU, compared to 126.30 BU. The peak power demand met -- the highest supply in a day -- rose to 222.32 GW in January 2024. The peak power supply stood at 210.72 GW in January 2023 and 192.18 GW in January 2022.
The power ministry had estimated the country's electricity demand to touch 229 GW during the summer in 2023. The demand did not reach the projected level in April-July due to unseasonal rains. The peak supply, however, 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, 204.77 GW in November and 213.62 GW in December 2023.
