India’s power consumption grew 11.45 per cent to 55.37 billion units (BU) in the first half of October this year, mainly driven by buoyancy in industrial and commercial activities, as per government data.
Power consumption in the country was recorded at 49.67 BU during October 1-15 last year, according to the power ministry data.
For a full month in October last year, power consumption was 97.84 BU.
Thus, the extrapolation of half-month data gives sufficient indication that power consumption may witness year-on-year double digit growth this month, according to experts.
They said a double-digit growth in power consumption in the first half of this month showed that commercial and industrial demand has improved with easing of lockdown restrictions and would be better than this in the coming months.
