scorecardresearch
Follow Us:
Tuesday, January 18, 2022

Uptick in economic activity charges up power consumption

Experts are of the view that power consumption as well as demand has grown at a steady pace in December with improvement in economic activities across the country.

By: ENS Economic Bureau | New Delhi |
January 2, 2022 3:30:14 am
Power consumption witnessed 6.6 per cent year-on-year growth in May this year at 108.80 BU, despite a low base of 102.08 BU in the same month of 2020.

The nation’s power consumption recorded at 4.5 per cent rise in December at 110.34 billion units (BU), over the year-ago month, as per Power Ministry data. In December 2020, consumption was 105.62 BU, against 101.08 BU in December 2019.

Experts are of the view that power consumption as well as demand has grown at a steady pace in December with improvement in economic activities across the country.

However, they expressed concerns over rising cases of COVID-19 in the country which may compel states to impose local lockdown restrictions, that may affect commercial and industrial power demand as well as consumption as had happened after the second wave hit the country in April 2021.

Peak power demand met or highest supply in a day rose to 183.39 GW in December 2021 compared to 182.78 GW in December 2020 and 170.49 GW in December 2019.

In November this year, the power consumption grew by 2.6 per cent to 99.37 BU. Last year in November, power consumption stood at 96.88 BU and in the same month in 2019, it was at 93.94 BU.

The country’s power consumption had grown by 3.3 per cent in October this year to 112.79 BU, compared to 109.17 BU in the same month last year.

Many states had imposed lockdown restrictions after the second wave of the pandemic hit the nation in April this year and affected the recovery in commercial and industrial power demand as states started imposing restrictions in the latter part of the month. Curbs were gradually lifted as the number of COVID cases fell.

Power consumption witnessed 6.6 per cent year-on-year growth in May this year at 108.80 BU, despite a low base of 102.08 BU in the same month of 2020.

In June, it grew nearly 9 per cent to 114.48 BU, compared to 105.08 BU in the same month last year. In July, it rose to 123.72 BU from 112.14 BU in the same month a year ago.

WITH PTI

📣 The Indian Express is now on Telegram. Click here to join our channel (@indianexpress) and stay updated with the latest headlines

For all the latest Business News, download Indian Express App.

  • Newsguard
  • The Indian Express website has been rated GREEN for its credibility and trustworthiness by Newsguard, a global service that rates news sources for their journalistic standards.
  • Newsguard
Advertisement
Advertisement
Advertisement
Advertisement