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Power consumption from October 1st to 15th increased by 3% to 57.22 billion units

According to data from the Ministry of Power, electricity consumption in India increased by 3.35% to 57.220 billion units (BU) in the first half of October, showing recovery in the coal shortage of power plants.

Electricity consumption from October 1st to 15th last year was 55.36 BU, which was higher than 49.66 BU in the same period in 2019. The data clearly show that domestic electricity consumption and demand are recovering.

Amid coal shortages at domestic power plants, the peak power shortage was mitigated to 986 MW on October 15, in contrast to 11,626 MW on October 7.

The peak power shortage of 11,626 MW on October 7 was the highest in the first half of this month.

In addition, the latest coal stock report of 135 coal-fired power plants monitored by the Central Power Agency on October 13 shows that the number of non-pithead power plants with coal stock (supercritical coal stock) less than 4 days is 64. It was shown to have decreased. On October 8th, 69, when daily electricity consumption peaked at 3.9 billion units in the first half of this month.

Earlier this week, the Ministry of Power announced that the capacity of units that were shut down due to low coal inventories had decreased from 11GW on October 12th to 5GW on October 14th.

Experts say there will be a good recovery in electricity demand and consumption as the government strives to increase coal supply at power plants, and improved economic activity by lifting restrictions on blockages by the state.

Many states have imposed blockade restrictions after the second wave of the pandemic struck the country in April this year. As the number of COVID cases decreased, the curbs were gradually cleared.

However, electricity consumption in September of this year witnessed a steady recovery with a modest growth of 1.7% at 114.35 BU, mainly due to the monsoon delay (heavy rain). Power consumption in September last year was 112.43BU, which was higher than 107.51BU in the same month in 2019.

According to experts, the recovery in electricity demand and consumption in September 2021 remained restrained mainly due to the heavy rains of the month.

Peak electricity demand was met in the first half of the continuation month, or the maximum daily supply was 174.60 GW on October 11, surpassing the same period last year’s 169.05 GW (recorded on October 8, 2020). increase. .. Overall peak electricity demand in October 2020 was 169.89GW.

Electricity consumption in August of this year increased by more than 17% to 127.88 BU compared to 109.21 BU in the same month of 2020.

The second wave of COVID-19 struck the country in mid-April this year, affecting the recovery of commercial and industrial electricity demand as states began imposing restrictions later in the month. Electricity consumption for the month increased by nearly 38.5% year-on-year.

Electricity consumption increased 6.6% year-on-year to 108.80 BU in May this year, despite a low base of 102.08 BU in the same month of 2020. According to the latest data, it increased by almost 9% to 114.48BU in June. , Compared to 105.08BU in the same month last year.

In July, it increased from 112.14BU in the same month of the previous year to 123.72BU.

Power consumption in February this year was recorded at 103.25 BU, compared to 103.81 BU a year ago. Electricity consumption in March increased by nearly 22% to 120.63 BU compared to 98.95 BU in the same month of 2020.

After a six-month gap, electricity consumption grew 4.6% year-on-year in September 2020 and 11.6% in October 2020.

In November, electricity consumption growth slowed to 3.12%, mainly due to the early onset of winter. It increased by 4.5% in December, but increased by 4.4% in January 2021.

Read again: Electricity demand recovers in October amid prolonged coal shortages

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Power consumption from October 1st to 15th increased by 3% to 57.22 billion units

https://www.businesstoday.in/latest/economy/story/power-consumption-jumps-3-to-5722-bn-units-in-oct-1-15-309586-2021-10-17?utm_source=rssfeed Power consumption from October 1st to 15th increased by 3% to 57.22 billion units

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