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India's power consumption rises nearly 6% to 133.83 billion units in Jan

By Economic Times - 5 months ago
India's power consumption surged by nearly six percent to 133.83 Billion Units in January 2024, attributed to a cold wave boosting demand for heating equipment. The peak power demand reached 222.32 GW, reflecting a substantial increase from 2023. Experts connect the rise to frigid temperatures in North India, leading to heightened usage of heaters, blowers, and geysers. Despite unmet projections in summer 2023 due to unexpected rains, industry experts anticipate sustained growth in power consumption with improving economic activities and a continued cold wave in February.

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