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India’s power consumption declined 4.7 per cent to 144.21 billion units (BU) in August compared to the same period last year, mainly due to above-normal rainfall across the country, which reduced the use of cooling appliances such as air conditioners and desert coolers.
According to the India Meteorological Department, the country recorded 287.1 mm of rainfall in August, which is about 16 percent more than the normal 248.1 mm.
In August 2023, energy consumption stood at 151.32 BU, according to official data.
The highest supply in a day (maximum energy demand satisfied) also contracted to 216.68 GW in August 2024 from 236.29 GW in the same month of the previous year.
Peak power demand reached an all-time high of approximately 250 GW in May this year. The previous all-time high of peak power demand of 243.27 GW was recorded in September 2023.
Earlier this year, the Ministry of Energy projected peak power demand of 235 GW during the day and 225 GW during the evening hours for May and 240 GW during the day and 235 GW in the evening hours for June.
The ministry also estimated that peak power demand could reach 260 GW this summer.
Experts said widespread above-normal rainfall across the country reduced the use of cooling appliances such as air conditioners and desert refrigerators.
This led to a decrease in energy consumption as well as a growth in energy demand in the country in August, they said.
Power demand as well as consumption will remain stable in the coming days due to improvement in commercial and industrial consumption in the country with the start of the Ganesh Chaturthi festival season this month, they added.
(Only the headline and image of this report may have been reworked by Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
First published: September 1, 2024 | 18:02 IS
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