Powered by: Motilal Oswal
02-01-2025 11:28 AM | Source: Accord Fintech
India`s power consumption rises nearly 6% to 130.40 BU in December

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

The government data has showed that India's power consumption rose nearly 6 per cent to 130.40 billion units (BU) in December 2024 as compared to the year-ago month. In December 2023, power consumption was 123.17 BU. 

The highest supply in a day (peak power demand met) also rose to 224.16 GW in December 2024 from 213.62 GW in the year-ago period. The peak power demand touched an all-time high of about 250 GW in May 2024. The previous all-time high peak power demand of 243.27 GW was recorded in September 2023.

The power ministry had earlier projected a peak power demand of 235 GW during the day and 225 GW during evening hours for May 2024 while 240 GW during daytime and 235 GW in the evening hours for June 2024. The ministry had also estimated that peak power demand may hit 260 GW in the summer of 2024. According to government estimates, peak power demand is expected to touch 270 GW in the summer of 2025.