Power consumption has increased by nearly nine per cent to 1,099.90 billion units (BU) in the country during April-November this fiscal compared to the same period a year ago, showing a surge in economic activities.
The power consumption in the country was 1,010.20 BU in April-November 2022-23, higher than 916.52 BU recorded in the same period of 2021-22. Power consumption in the entire fiscal 2022-23 was 1,504.26 BU, higher than 1,374.02 BU witnessed in 2021-22 financial year.
Industry experts said that around nine per cent growth in power consumption in the first eight months of this fiscal year shows buoyancy in the economy. The power ministry had estimated the country’s electricity demand to touch 229 GW during summer.