Key Points
Power consumption in the country witnessed an on-year rise of nearly 8 per cent to 1,221.15 billion units (BU) during the April-December period of this fiscal, indicating a surge in economic activities..
Industry experts said that around eight per cent growth in power consumption in the first nine months of this fiscal year shows a surge in economic activities...
The demand did not reach the projected level in April-July due to unseasonal rain.. The peak demand, however, touched a new high of 224.1 GW in June before dropping to 209.03 GW in July 2023..
They said power consumption grew in August, September, and October, mainly due to humid weather conditions and also perk up in industrial activities due to the effect of festive rush...
Speaking about the rising power demand earlier this month in a summit, Union Power Minister R K Singh had informed that "By 2030, the peak electricity demand is likely to cross 400 GW, indicating the fast growth of the economy...
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