India's power consumption logged a double-digit growth of 13.6 per cent to 112.81 billion units in November 2022 compared to the year-ago period, according to the government data.
The robust growth of power consumption in the month mainly indicates an increase in economic activities as generally it remains subdued in November.
Experts say power consumption and demand will further increase in the coming months due to use of heating appliances, especially in the northern part of the country, and further improvement in economic activities on account of the beginning of the new rabi crop season.
Farmers use electricity to run tubewells for irrigation for new crops. In November last year, power consumption was 99.32 billion units (BU), higher than 96.88 BU in the same month of 2020, the data showed.
The peak power demand met, which is the highest supply in a day, last month rose to 186.89 gigawatt (GW). The peak power supply stood at 166.10 GW in November 2021 and 160.77 GW in November 2020.
The peak power demand met was 155.32 GW in November 2019, which was the pre-pandemic period.
Electricity consumption in November 2019 stood at 93.94 BU. Experts say the robust growth in power consumption in November indicates sustained recovery.
They also opine that power consumption as well as demand would see high growth in coming months in view of further improvement in industrial and commercial activities across the country.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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