The country’s power supply ran into a deficit of 1.4% in the April to January period with the power companies being able to meet only 239.93 GW of the total power demand of 243.27 GW, data from the Central Electricity Authority showed. This deficit stood at 4% in 2022-23 when the peak demand for power touched 215.89 GW.
The government has projected an electricity generation target for the year 2023-24 at 1,750 billion units (BU). In the first eleven months of FY24, the country’s electricity requirement reached 1,358.6 BU with only 1,354.97 BU being available for consumption. The country generated 1,624.16 BU during 2022-23.
