India's power consumption slightly up to 140.4 billion units in October
POWER & RENEWABLE ENERGY

India's power consumption slightly up to 140.4 billion units in October

India's power consumption experienced a slight increase of about one per cent, reaching 140.47 billion units (BU) in October, compared to the same period last year. This growth was primarily attributed to a high base effect. In October of the previous year, power consumption had surged by over 22 per cent to 139.44 BU from 113.94 BU in October 2022.

The maximum daily supply, or peak power demand met, decreased to 219.22 GW in October 2024 from 221.53 GW in October 2023. May 2024 saw peak power demand reach an all-time high of nearly 250 GW, surpassing the previous record of 243.27 GW set in September 2023.

Earlier this year, the power ministry forecasted a peak power demand of 235 GW during daytime hours and 225 GW in the evening for May, with projections of 240 GW for daytime and 235 GW for evening in June. The ministry also estimated that peak demand could reach 260 GW during the summer.

Experts, referencing official data that indicated October 2024 as the warmest in decades, remarked that the slight growth in power demand and consumption was largely due to the higher base effect. They also pointed out that the reduction in peak demand in October reflected the beginning of winter, especially in Northern India, where electricity use typically increases with cooling appliances like air conditioners and coolers. Nonetheless, experts believe power demand and consumption will remain steady in the near term, supported by robust commercial and industrial activity.

India's power consumption experienced a slight increase of about one per cent, reaching 140.47 billion units (BU) in October, compared to the same period last year. This growth was primarily attributed to a high base effect. In October of the previous year, power consumption had surged by over 22 per cent to 139.44 BU from 113.94 BU in October 2022. The maximum daily supply, or peak power demand met, decreased to 219.22 GW in October 2024 from 221.53 GW in October 2023. May 2024 saw peak power demand reach an all-time high of nearly 250 GW, surpassing the previous record of 243.27 GW set in September 2023. Earlier this year, the power ministry forecasted a peak power demand of 235 GW during daytime hours and 225 GW in the evening for May, with projections of 240 GW for daytime and 235 GW for evening in June. The ministry also estimated that peak demand could reach 260 GW during the summer. Experts, referencing official data that indicated October 2024 as the warmest in decades, remarked that the slight growth in power demand and consumption was largely due to the higher base effect. They also pointed out that the reduction in peak demand in October reflected the beginning of winter, especially in Northern India, where electricity use typically increases with cooling appliances like air conditioners and coolers. Nonetheless, experts believe power demand and consumption will remain steady in the near term, supported by robust commercial and industrial activity.

Next Story
Resources

Blum Experience Centre Opens in Kanpur

Furniture fittings major Blum has expanded its presence in Uttar Pradesh with the opening of Elika by Ajanta Agencies, an authorised Blum Experience Centre in Kanpur. The centre offers homeowners, interior designers, and architects an opportunity to experience how high-quality fittings can transform comfort and functionality in modern living spaces. The experience centre showcases Blum’s signature innovations including the LEGRABOX drawer systems, SERVO-DRIVE motion technologies, SPACE STEP dual-purpose drawer and step solution, and SPACE TOWER tall pantry unit. Visitors can explore erg..

Next Story
Infrastructure Transport

Kapsch TrafficCom Opens Four New Toll Plazas in Serbia

Kapsch TrafficCom has opened four new toll plazas along Serbia’s Moravski Corridor, marking another milestone in the country’s ongoing road infrastructure development. The corridor, a 112.4 km motorway in central Serbia, links the east-west axis with the north-south corridor between Hungary and North Macedonia, connecting the A1 and A2 highways and improving access between Belgrade and the Zlatibor mountain region. Ivan Katalina, Sales Manager Balkans, Kapsch TrafficCom, said, “The implementation of the tolling systems is proceeding smoothly and on schedule. Our local expertise, com..

Next Story
Infrastructure Urban

Megaliter Varunaa Secures Rs 15 million Seed Funding for Urban Water Circularity

Hyderabad-based Megaliter Varunaa, a subsidiary of NSE-listed Banka BioLoo Limited and mentored by Brigade REAP, has raised Rs 15 million in seed capital from long-term institutional investors. The funding will accelerate project development, technology innovation, and business expansion in urban water management. Megaliter Varunaa transforms sewage treatment plants into circular water utilities through its flagship ‘Megaliter Model’—a zero-CapEx, subscription-based solution that maximises wastewater reuse for non-potable applications such as flushing, landscaping, and chiller syste..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?