Power consumption grows over 9%, hints at momentum of economic activities
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New Delhi: India's power consumption logged a year-on-year growth of over 9% to 117.84 billion units in February 2023. Government data suggests that power consumption is a sign of the sustained momentum of economic activities.
In February 2022, power consumption was at 108.03 billion units. In February 2021, it was at 103.25 BU. In 2020, electricity consumption was 103.81 BU.
The peak power demand met, which is the highest supply in a day, rose to 209.66 gigawatts (GW) in February 2023. The peak power supply stood at 193.58 GW in February 2022 and 187.97 GW in February 2021. The peak power demand was 176.38 GW in the pre-pandemic February 2020.
"Power consumption and demand would register a substantial increase in March due to further improvement in economic activities as well as rise in temperature," said experts. "The power consumption and demand would log higher growth rates in coming months due to forecasts of higher temperature during this summer."