India’s power consumption grows 24.35% y/y in Mar 21

• Power consumption in the country grew 24.35% y/y in Mar, showing a revival in the economic activities, according to power ministry data.
• On the other hand, the peak power demand met, which is the highest supply in a day, during Mar 21 remained well above the highest record of 170.16 GW in the entire Mar 20 except on one day on 29 Mar 21.
• During Mar 21, peak power demand recorded a growth of 9.3% y/y.
• Experts are of the view that the power consumption has returned to pre-Covid levels with spurt in commercial and industrial activities and would see robust growth in coming months. However, they cautioned that local lockdowns to curb the surge of COVID-19 positive cases may impact power consumption adversely with slump in commercial and industrial demand of electricity.

External Link : https://www.financialexpress.com/economy/indias-power-consumption-grows-24-35-in-march/2224593/