Power consumption grows 4.8% in first half of December

India’s power consumption grew 4.8 per cent to 50.36 billion units (BU) in the first half of December this year, showing consistency in economic activities, as per government data.

Power consumption was recorded at 48.04 BU during December 1-15 last year, according to the power ministry data.

For the full month of December 2019, power consumption was 101.08 BU.

Therefore, the extrapolation of half-month data clearly indicates that power consumption is likely to record a year-on-year growth for the fourth month in a row, according to experts.

After a gap of six months, power consumption recorded a year-on-year growth of 4.4 per cent in September and 11.6 per cent in October.

In November, the power consumption growth slowed to 3.7 per cent to 97.43 BU compared to 93.94 BU in the same month last year mainly due to early onset of winters.

The growth in power consumption in the first half of this month shows that there is consistency in improvement in commercial and industrial demand due to easing of lockdown restrictions, experts say.

However, they think the impact of weather change would not sustain for long in rest of the winter season because economic activities are almost near pre-pandemic levels.

The government had imposed a nationwide lockdown on March 25 to contain the spread of COVID-19. Power consumption started declining from March due to fewer economic activities in the country.

The pandemic affected power consumption for six months in a row — from March to August this year.

Power consumption on a year-on-year basis declined 8.7 per cent in March, 23.2 per cent in April, 14.9 per cent in May, 10.9 per cent in June, 3.7 per cent in July and 1.7 per cent in August.

See also  PNB Housing Finance records 95% high in one week. Good news for Long-term Investors.

The data showed that electricity consumption had grown by 11.73 per cent in February. It showed improvement after April 20 due to easing of restrictions on economic activities.

Peak power demand met, the highest supply of power in the country in a day, in first half of December was also recorded higher at 166.33GW (on December 15) compared to 156.47 GW during December 1 to 15 period, last year.

The 156.47GW was recorded on December 11, 2019. The peak power demand met during the entire month of December last year was 170.49 GW (recorded on December 26). Latest data showed that peak power demand met surpassed last year level on December 17, 2020 at 171.29GW.

In November, peak power demand met was recorded at 160.77 GW, which was 3.5 per cent higher than 155.32 GW in the same month last year.

The peak power demand met in October was recorded at 169.88 GW, 3.4 per cent higher than 164.25 GW in the same month last year.

Peak power demand in September this year recorded a growth of 1.7 per cent at 176.56 GW, compared to 173.45 GW a year ago, the data showed.

Peak power demand met had recorded negative growth from April to August this year due to the pandemic. It had dropped to 24.9 per cent in April, 8.9 per cent in May, 9.6 per cent in June, 2.7 per cent in July and 5.6 per cent in August. In March, it was muted at 0.8 per cent.

Related Articles

Back to top button
%d bloggers like this:

Adblock Detected

Please consider supporting us by disabling your ad blocker