India’s electricity consumption down y-o-y by 0.74% in March

3 Apr 2023 , 09:45 AM

As per the latest government data, India’s power consumption registered a decline of 0.74% in March 2023, marking the first drop in the last 31 months. This reduction in electricity usage can be attributed to the widespread rains caused by western disturbances in the country and the low temperatures experienced in the month of March.

The previous instance of contraction in power consumption was observed in August 2020, when the usage declined by more than 2%, from 111.52 BU in August 2019 to 109.21 BU.

With the expectation of a boost in economic activities and the temperature rising in the coming months, experts are optimistic about the growth of power consumption and demand starting from April onwards.

As per the data, the power consumption in March 2022 reached 128.47 billion units (BU), indicating an increase from 120.63 BU recorded during the same month in 2021.

The recorded electricity consumption for March 2020 was 98.95 BU.

The data indicated that the highest supply of power in a day, known as peak power demand met, increased to 209.01 GW in March 2023.

In March 2020, prior to the pandemic, the peak power demand met was recorded at 170.16 GW.

According to the estimates of the power ministry, the peak power demand is anticipated to reach 229 GW during the upcoming summer season.

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