India’s total power consumption has significantly witnessed a surge of 9.3% to 28.08 bn units in 1st week of August.
As per the experts, the recovery in power demand and its consumption in the first week of August 2021 will continue to stay uniform and would gradually improve as many states have eased lockdown restrictions in order to maintain economic stability.
During the first week of August 1-7, 2020, the power consumption was 25.69 BU, whereas, in August 2019, it was 25.18 BU.
However, the power demand and the attached consumption rate will witness a significant improvement due to higher commercial and industrial demand in the near future but the fear and apprehension for another wave can possibly demolish this idea of recovery.
The demand for power for commercial and industrial needs got deeply affected from the first week of April as a major fallout. The highest supply per day resulted at 188.59GW in the first week of August, comparatively 14 per cent higher than 165.42 GW last year.
In August the peak demand was satisfied, wherein the consumption was167.52GW, lower than 177.52 of 2019.
April 2021 experienced a year-on-year spike of nearly 38.5 per cent. Despite a lower base rate of 102.08 BU, 2020, the power consumption in India witnessed a higher rate of 6.6 per cent year-on-year growth in May.
In June, the consumption grew to 9 per cent to 114.48 BU, against 105.08 BU in the same month last year.
In July the consumption rate was 11 per cent to 124.42 BU against 12.14BU in the same month. Power consumption in February this year was recorded at 103.25 BU, compared to 103.81 BU a year ago.
The power consumption after a gap of six months witnessed a 4.6 per cent year-on-year growth in September 2020, and 11.6 per cent in October 2020. By November, the consumption rate declined to 3.12 per cent.