Power consumption rose marginally by one point eight per cent in March to 149.56 billion units (bn units), according to industry data. The rise marked a modest recovery after subdued demand in previous months and was driven by increased activity in residential and commercial segments. Observers said the outcome reflected seasonal factors as well as a gradual pick up in industrial output without causing significant strain on the grid. Market watchers expected modest growth to continue in coming months.

Distribution companies reported steady demand across metropolitan and semi urban centres, while rural consumption continued its gradual ascent as economic activity normalised. The share of renewable generation in the supply mix was credited with easing pressure on peak generation, even as thermal stations maintained base load responsibilities. Grid operators indicated that system frequency and availability remained stable through the month, supported by planned maintenance and improved fuel logistics. Improved metering and timely billing were cited as supporting factors.

Policy makers and regulators were reported to be monitoring the trend for implications on tariff planning and procurement cycles, with a focus on ensuring reliable supply at reasonable cost. The marginal increase in consumption did not prompt immediate changes to procurement strategies but was expected to inform medium term forecasts. Energy planners are assessing demand trajectory ahead of the summer months when cooling related demand typically rises. Forecasters will incorporate economic indicators and weather patterns into their models.

Industry participants said investment in transmission and distribution infrastructure would remain important to accommodate steady demand growth and to integrate higher levels of renewable capacity. Efficiency measures and demand side management were highlighted as priorities to smooth peak loads and defer capital expenditure. Stakeholders indicated that continued monitoring of consumption patterns would guide upcoming policy and investment decisions. Investment in storage and grid modernisation was viewed as a longer term priority.