Power Consumption

India's power consumption rises 5% to 125.44 billion units in Nov

India's power consumption rose 5.14 per cent to 125.44 billion units (BU) in November as compared to the year-ago month. In November 2023, power consumption was 119.30 GW, as per the government data. The highest supply in a day (peak power demand met) also rose marginally to 207.42 GW in November 2024 from 204.56 GW in the year-ago period. The peak power demand touched an all-time high of about 250 GW in May this year. The previous all-time high peak power demand of 243.27 GW was recorded in September 2023. Earlier this year, the power ministry projected a peak power demand of 235 GW during the day and 225 GW during evening hours for May while 240 GW during daytime and 235 GW in the evening hours for June. The ministry had also estimated that peak power demand may hit 260 GW this summer. Noting that November 2024 was the warmest in last four to five years as per official data, the experts opined that power demand as well as consumption showed subdued growth mainly due to slow on

India on track to become third-largest economy by 2028: IEA projection

India will over the next decade add more than 12,000 cars a day, expand built space equivalent to the built space in South Africa, and its air-conditioners will consume more electricity than entire power consumption in Mexico, the IEA said. It is likely to see a rise in demand for all forms of energy -- from oil and gas to coal, electricity and renewable energy -- through 2035, making it the growth engine for energy demand globally, the International Energy Agency (IEA) said in its World Energy Outlook 2024. India, the world's third largest oil consuming and importing nation, will see its demand for oil rise by almost 2 million barrels per day by 2035 and become the main source of oil demand growth in the world. According to IEA projections, the country is on track to become the third-largest economy in the world by 2028. It was the world's fifth largest economy and the fastest growing major economy in 2023, with output increasing by 7.8 per cent. India overtook China in 2023 to .

India's power consumption declines 4.7% to 144.2 billion units in Aug

India's power consumption declined 4.7 to 144.21 billion units (BU) in August compared to the year-ago period, mainly due to the above normal rainfall across the country which reduced the use of cooling appliances like air conditioners and desert coolers. According to the Indian Meteorological Department, the country recorded 287.1 mm of rainfall in August, which is about 16 per cent higher than the normal 248.1 mm. In August 2023, the power consumption stood at 151.32 BU, according to official data. The highest supply in a day (peak power demand met) also contracted to 216.68 GW in August 2024 against 236.29 GW in the year-ago month. The peak power demand touched an all-time high of about 250GW in May this year. The previous all-time high peak power demand of 243.27 GW was recorded in September 2023. Earlier this year, the power ministry projected a peak power demand of 235 GW during the day and 225 GW during evening hours for May and 240 GW during daytime and 235 GW in the eveni

Power consumption up by 3.5% to 145.4 bn units in July amid rainfall

India's power consumption rose a meagre 3.5 per cent to 145.40 Billion Units (BU) in July compared to the year-ago period as rainfall brought down temperatures from the scorching heat. In July 2023, the power consumption stood at 140.41 BU, according to official data. The highest supply in a day (peak power demand met) also rose to 226.63GW in July 2024 against 208.95 GW in the year-ago month. The peak power demand touched an all-time high of 250.20 GW in May this year. The previous all-time high peak power demand of 243.27 GW was recorded in September 2023. Earlier this year, the power ministry projected a peak power demand of 235 GW during daytime and 225 GW during evening hours for May and 240 GW during daytime and 235 GW during evening hours for June 2024. The ministry also estimated that peak power demand may hit 260 GW this summer. Experts said with the onset of the monsoon in the country, the consumers got relief from the scorching heat and humidity which led to lesser use

Rajasthan plans 30 Gw solar power by FY25-end; aims to become self-reliant

Rajasthan is one of the leading states in the country in solar energy production, with an estimated output of 142 Gw

India's power demand surge may require national electricity plan revision

India faces unprecedented surge in power demand with its peak expected to reach 260 GW by September or October this year

ACs, coolers shoot up India's power usage by 9% to 152.38 bn units in Jun

India's power consumption rose by nearly 9 per cent to 152.38 billion units (BU) in June compared to the year-ago period mainly due to scorching heat which forced excessive use of cooling appliances like air conditioners and desert coolers. In June 2023, the power consumption stood at 140.27 BU, according to official data. The highest supply in a day (peak power demand met) also rose to 245.41 GW in June 2024 against 223.29 GW in the year-ago month. The peak power demand was recorded at 224.10 GW in June 2023. The peak power demand touched an all-time high of 250.20GW in May this year. The previous all-time high peak power demand of 243.27 GW was recorded in September 2023. Earlier this year, the power ministry projected a peak power demand of 235 GW during daytime and 225 GW during evening hours for May and 240 GW during daytime and 235 GW during evening hours for June 2024. The ministry also estimated that peak power demand may hit 260 GW this summer. Experts said the scorching

Peak power demand bounces back to nearly 241 GW on Tuesday after 2 days

Peak power demand bounced back to nearly 241 GW on Tuesday after sliding for two straight days from the 245 GW level recorded on the first day of this month. The government data showed that the peak power demand touched an all-time high of 250 GW on May 31, 2024, breaking the previous record of 243.27 GW in September 2023. According to the data, the peak power demand met or the highest supply in a day was recorded at 245.14 GW on June 1, 225.90 GW on June 2, 236.37 GW on June 3 and 240.89 GW on June 4. Earlier in May, the power ministry projected a peak power demand of 235 GW during daytime and 225 GW during evening hours for May and 240 GW during daytime and 235 GW during evening hours for June 2024. The ministry has also projected that peak power demand may hit the 260 GW mark during this summer season. The experts are of the view that peak power demand, as well as consumption, would be steady during June as there would be continuous requirements for cooling appliances like cool

India's power usage rises 15% to 156.31 bn units in May due to extreme heat

India's power consumption rose nearly 15 per cent to 156.31 billion units (BU) in May as compared to the year-ago period, mainly due to scorching heat in the country which forced excessive use of cooling appliances like air conditioners and desert coolers. In May 2023, the power consumption stood at 136.50 BU, government data showed. The highest supply in a day (peak power demand met) also rose to an all- time high of 250.07 GW in May 2024 against 221.42 GW in the year-ago month. The previous all-time high peak power demand of 243.27 GW was recorded in September 2023. Last month, the power ministry had projected a peak power demand of 235 GW during daytime and 225 GW during evening hours for May and 240 GW during daytime and 235 GW during evening hours for June 2024. The ministry also estimated that peak power demand may hit 260 GW during this summer. Experts said the increase in power consumption as well as growth in demand was mainly due to high mercury levels in May which for

Govt projects biggest power shortfall in 14 years, races to curb outages

The deficit also follows delays, a government source said, in the commissioning of 3.6 gigawatts (GW) of new coal-fired plants which had been targeted to be operational before March

Constellation Energy beats Q1 profit estimates on nuclear power generation

Constellation, which also generates electricity via other renewable sources - hydro, wind and solar - beat analysts' estimates of $1.38 per share, according to LSEG data

Power consumption increases by 11% to 144.25 billion units in April

India's power consumption rose around 11 per cent to 144.25 billion units (BU) in April as compared to the year-ago period, mainly due increase in temperatures. In April 2023, the power consumption stood at 130.08 BU, a government data showed. The highest supply in a day (peak power demand) also rose to 224.18 GW in April 2024 as against to 215.88 GW in April 2023. The power ministry has estimated around 260 GW of peak demand during summer. Experts said the increase in power consumption as well as growth in demand was mainly due to increase in temperatures and increased industrial activities in sectors like steel and power. The demand for power as well as consumption will continue to see robust growth with the onset of summer, they said. The power ministry had estimated the country's electricity demand to touch 229 GW during summer in 2023, but it did not reach the projected level in April-July due to unseasonal rainfall. Peak supply, however, touched a new high of 224.1 GW in J

Copper demand to boom as new tech drives power consumption: Trafigura

Technological developments such as artificial intelligence and automation, and the energy transition, which includes electric vehicles and renewable energy

Power consumption rises nearly 10% to 70.66 bn units in first half of April

India's power consumption grew nearly 10 per cent year-on-year to 70.66 billion units (BU) in the first half of April this year, showing improvement in economic activities and consumption patterns, according to the power ministry data. According to the data, power consumption in the country rose to 70.66 BU during April 1-15 this year from 64.24 MU in the year-ago period. The peak power demand met or the highest supply in a day rose to about 218 GW in the first half of April compared to 206 GW in the same period a year ago. The highest supply in a day during the entire month of April last year was about 216 GW. The ministry has projected a peak power demand of 260 GW during the summer season (April to June) in view of longer heat wave duration. The peak power demand had touched an all-time high of 243 GW in September 2023. The India Meteorological Department (IMD) has predicted above-normal maximum temperatures in most parts of the country during summer this year. The experts sai

India's power consumption subdued at 1.4% to 129.89 bn units in March

India's power consumption growth remained subdued at 1.4 per cent to 129.89 billion units (BU) in March as compared to the year-ago period mainly due to pleasant weather, according to government data. In March 2023, power consumption stood at 128.12 BU, lower than 128.47 BU recorded in the same month a year earlier, the data showed. The highest supply in a day (peak power demand) rose to 221.70 GW in March 2024 as opposed to 208.92 GW in March 2023 and 199.43 GW in March 2022. Experts said power consumption as well as demand growth remained subdued in March as the weather remained pleasant across the country and people did not feel the need for heating or cooling appliances, especially in north India. The power ministry has estimated around 260 GW of peak demand during summer. The experts said power demand as well as consumption will see robust growth April onwards with the onset of summer. The power ministry had estimated the country's electricity demand to touch 229 GW during s

Peak power demand estimated to rise 7% to 260 GW this summer: Report

Peak power demand in the country is estimated to rise by seven per cent year-on-year to 260 GW this summer, according to a senior official. The peak power demand during the summer of 2023 touched 243 GW against a projection of 229 GW. "We expect the peak power demand this year (in summers) at 260GW," Central Electricity Authority Chairperson Ghanshyam Prasad told reporters on the sidelines of the Fourth Edition of Lineman Diwas in the capital. The power ministry had estimated the country's electricity demand to touch 229 GW during summers in 2023, but it did not reach the projected level in April-July due to unseasonal rainfall. Peak supply, however, touched a new high of 224.1 GW in June before dropping to 209.03 GW in July. Peak demand touched 238.82 GW in August 2023, while it was 243.27 GW in September, 222.16 GW in October, 204.77 GW in November, 213.79 GW in December 2023, and 222.73 GW in January 2024. Power consumption was affected in March, April, May and June last year

Power use in Delhi rises 37%, total consumers up 52% in last 10 yrs: Report

Power consumption in the national capital rose nearly 37 per cent in the last decade from 25,593 Million Units (MUs) of electricity to 35,042 MUs, according to the Delhi Economic Survey report 2023-24 tabled in the Assembly on Friday. The report tabled in the assembly by Finance Minister Atishi, also revealed that the number of consumers in the city rose over 52 per cent during the same period. Delhi, being an urban centre with high load density has seen electricity consumption increasing from 25,593 MUs in 2011-12 to 35,042 MUs in 2022-23. The distribution of electricity in Delhi to various categories of consumers increased from 21,361 MUs in 2012-13 to 30,054 MUs in 2022-23. During the same period, the number of power consumers in Delhi rose from 44.64 lakh to 68.51 lakh, said the report. Also, the the total power purchase in Delhi was 40,997 MUs in FY23. While 09.65 per cent of total power purchase is generated by the Delhi government power plants, 90.35 per cent is purchased

Power consumption rises over 8% to 127.79 billion units in February

India's power consumption grew over 8 per cent to 127.79 Billion Units (BU) in February as compared to the year-ago period, according to government data. In February 2023, power consumption stood at 118.29 BU, higher than 108.03 BU recorded in the same month a year ago, the data showed. There were 29 days in February as 2024 is a leap year. Thus the growth rate of power consumption in February is slightly higher. The peak power demand met -- the highest supply in a day -- rose to 222 GW in February 2024. The peak power supply stood at 209.76 GW in February 2023 and 193.58 GW in February 2022. Experts said power consumption as well as demand improved in February as mercury remained low during the month, especially in north India. The prolonged cold wave resulted in increased use of heating equipment like heaters, blowers, and geysers leading to rise in power demand as well as consumption. The power ministry had estimated the country's electricity demand to touch 229 GW during summ

India sees higher peak in electricity demand as power consumption surges

Government officials now expect electricity demand to surge to a high of 384 gigawatts in the 12 months through March 2032, a 5 per cent increase on an estimate issued in May,

Power consumption grows 7.5% to 1354.97 bn units in FY23-24 from Apr-Jan

India's power consumption increased 7.5 per cent on-year to 1354.97 billion units (BU) in the April-January period of this financial year, indicating an uptick in economic activities across the country. Power consumption in the country has increased to 1354.97 billion units (BU) in the April-January period of this financial year, from 1259.49 BU in the April-January period of fiscal 2022-23, according to government data. It was 1505.91 BU in the entire fiscal year of 2022-23, the data showed. Experts believe the 7.5 per cent growth in power consumption in the country clearly shows a perk up in economic activities in the first 10 months of this fiscal year. They said power consumption grew in August, September and October, mainly due to humid weather conditions, and a pick-up in industrial activities ahead of the festive season. Experts are predicting a steady power consumption growth due to improvement in economic activities and cold wave conditions in February. They are of the vi