02-07-2024 11:55 AM | Source: Accord Fintech
India`s power consumption rises 9% to 152.38 BU in June 2024

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

India's power consumption rose by nearly 9 per cent to 152.38 billion units (BU) in June 2024 as compared to the year-ago period mainly due to scorching heat which forced excessive use of cooling appliances like air conditioners and desert coolers. In June 2023, the power consumption stood at 140.27 BU.

The highest supply in a day (peak power demand met) also rose to 245.41 GW in June 2024 against 223.29 GW in the year-ago month. The peak power demand was recorded at 224.10 GW in June 2023. The peak power demand touched an all-time high of 250.20 GW in May 2024. The previous all-time high peak power demand of 243.27 GW was recorded in September 2023. 

Earlier this year, the power ministry projected a peak power demand of 235 GW during daytime and 225 GW during evening hours for May and 240 GW during daytime and 235 GW during evening hours for June 2024. The ministry also estimated that peak power demand may hit 260 GW this summer.