India's power consumption logged a double-digit year-on-year growth of nearly 13 per cent to 126.16 billion units in January 2023, according to government data.
The robust growth of power consumption indicates sustained momentum of economic activities in January.
Experts earlier said the power consumption and demand would increase in January due to the use of heating appliances, especially in the northern parts of the country, and a further improvement in economic activities.
-
Indian Markets Turning Corner After Two Tough Years, Says Sandeep Tandon -
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI
In January 2022, power consumption stood at 111.80 billion units (BU), higher than the 109.76 BU in the same month of 2021, the data showed.
Electricity consumption in January 2020 stood at 105.15 BU.
The peak power demand met, which is the highest supply in a day, rose to 210.61 gigawatt (GW) in January 2023.
The peak power supply stood at 192.18 GW in January 2022 and 189.39 GW in January 2021.
The peak power demand met was 170.97 GW in the pre-pandemic January 2020.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.