Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Jun 01, 2023

India's Power Consumption Grows By 1.04% To 136.56 Billion Units In May

India's Power Consumption Grows By 1.04% To 136.56 Billion Units In May
(Source: Raisa Milova on Unsplash)
STOCKS IN THIS STORY
Nifty MidSmall India Consumption
--

Power consumption rose marginally by 1.04% to 136.56 billion units in May this year as widespread rains have kept summer temperatures under check so far and people used fewer cooling appliances compared to last year.

In the year-ago period, power consumption stood at 135.15 billion units, higher than 108.80 billion units in May 2021, according to government data.

Power consumption was also affected in March and April this year due to widespread rains in the country.

Experts said that unseasonal rains in March, April, and May affected power consumption in the country.

The power ministry has estimated the country's electricity demand to touch 229 GW during this summer season. But the demand has not reached the projected level during April–May this year, mainly due to unseasonal rains.

Rain reduced the demand for electricity as people used fewer cooling appliances compared to the previous year, according to experts.

Further, experts are hopeful that power consumption and demand will grow from June onwards due to further improvement in economic activities as well as a rise in temperature during the summer season.

The data showed the peak power demand met, which is the highest supply in a day, rose to 221.34 GW in May 2023.

The peak power supply stood at 204.47 GW in May 2022 and 168.78 GW in May 2021.

Peak power demand is expected to touch 229 GW during this summer season, as per the power ministry's estimates.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search