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NEW DELHI: Power consumption has elevated by nearly 9 per cent to 1,099.90 billion units (BU) in the nation throughout April-November this fiscal in contrast to the identical interval a 12 months in the past, displaying a surge in financial actions. The power consumption in the nation was 1,010.20 BU in April-November 2022-23, increased than 916.52 BU recorded in the identical interval of 2021-22.
Power consumption in your entire fiscal 2022-23 was 1,504.26 BU, increased than 1,374.02 BU witnessed in 2021-22 monetary 12 months.
Industry specialists mentioned that round 9 per cent development in power consumption in the primary eight months of this fiscal 12 months exhibits buoyancy in the economic system.
The power ministry had estimated the nation’s electrical energy demand to contact 229 GW throughout summer season. The demand didn’t attain the projected stage in April-July due to unseasonal rain.
The peak demand, nonetheless, touched a brand new excessive of 224.1 GW in June earlier than dropping to 209.03 GW in July. Peak demand touched 238.82 GW in August. In September this 12 months, it was at a report excessive of 243.27 GW. The peak demand was 222.16 GW in October and 204.86 GW in November this 12 months.
According to specialists, power consumption was affected in March, April, May, and June this 12 months due to widespread rainfall.
They mentioned power consumption grew in August, September, and October, primarily due to humid climate circumstances and likewise perk up in industrial actions due to the impact of festive rush.
Earlier this week, Union Power Minister R Ok Singh had instructed Lok Sabha in a written reply that the power demand has gone up by 50.eight per cent in power phrases from 2013-14 to 2022-23.
The peak power demand has gone up from 136 GW in 2013-14 to 243 GW in September 2023, he knowledgeable the House.
“We have been able to meet the increase in demand because we added 194 GW of capacity between 2014 to 2023,” he had defined.
Power consumption in your entire fiscal 2022-23 was 1,504.26 BU, increased than 1,374.02 BU witnessed in 2021-22 monetary 12 months.
Industry specialists mentioned that round 9 per cent development in power consumption in the primary eight months of this fiscal 12 months exhibits buoyancy in the economic system.
The power ministry had estimated the nation’s electrical energy demand to contact 229 GW throughout summer season. The demand didn’t attain the projected stage in April-July due to unseasonal rain.
The peak demand, nonetheless, touched a brand new excessive of 224.1 GW in June earlier than dropping to 209.03 GW in July. Peak demand touched 238.82 GW in August. In September this 12 months, it was at a report excessive of 243.27 GW. The peak demand was 222.16 GW in October and 204.86 GW in November this 12 months.
According to specialists, power consumption was affected in March, April, May, and June this 12 months due to widespread rainfall.
They mentioned power consumption grew in August, September, and October, primarily due to humid climate circumstances and likewise perk up in industrial actions due to the impact of festive rush.
Earlier this week, Union Power Minister R Ok Singh had instructed Lok Sabha in a written reply that the power demand has gone up by 50.eight per cent in power phrases from 2013-14 to 2022-23.
The peak power demand has gone up from 136 GW in 2013-14 to 243 GW in September 2023, he knowledgeable the House.
“We have been able to meet the increase in demand because we added 194 GW of capacity between 2014 to 2023,” he had defined.
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