Power consumption grows 7.5% to 1354.97 bn units in FY23-24 from Apr-Jan

India’s power consumption increased 7.5 per cent on-year to 1354.97 billion units (BU) in the April-January period of this financial year, indicating an uptick in economic activities across the country.

Power consumption in the country has increased to 1354.97 billion units (BU) in the April-January period of this financial year, from 1259.49 BU in the April-January period of fiscal 2022-23, according to government data.

It was 1505.91 BU in the entire fiscal year of 2022-23, the data showed.

Experts believe the 7.5 per cent growth in power consumption in the country clearly shows a perk up in economic activities in the first 10 months of this fiscal year.