NEW DELHI: India‘s power consumption increased 9.4% to approximately 984.39 billion units during the April–October fiscal year compared to the same period last year, mostly as a result of improved weather and economic activity. According to data from the electricity ministry, the amount of power consumed during the April–October period of the fiscal year 2022–2023 was 899.95 billion units. Peak electricity consumption, another metric, was considerably higher this fiscal year, coming in at around 241 GW from April to October, as opposed to 215.88 GW in 2022. October saw a roughly 22% increase in the nation’s power consumption to 138.94 billion units (BU), indicating a spike in demand for electricity brought on by celebrations and heightened economic activity.According to government data, power consumption in the same month last year was 113.94 billion units, which was higher than the 112.79 billion units recorded in October 2021. “Electricity consumption has gone up substantially in the last couple of months,” a Tata Power Delhi Distribution Ltd. representative stated. In the Tata electricity-Delhi Distribution Ltd’s operational area, the amount of electricity consumed in October 2023 increased by approximately 10.16 per cent to 845 MUs (million units), as opposed to 767 MUs in October 2022. “This year’s delayed arrival of winter is mostly to blame for the continued increase in demand. The representative clarified that the demand phenomenon has also been influenced by the celebratory events that take place in October. The spokesman did note that, in contrast to the same period last year, April and May electricity use were significantly lower this year due to the mild summer. The spokeswoman noted that because of the extremely humid weather, demand has been slowly increasing since July. The demand for electricity in the nation was predicted by the power ministry to reach 229 GW in the summer. Unseasonal rains in April and July prevented demand from reaching the anticipated level. But in June, the peak supply reached a record high of 224.1 GW, and in July, it fell to 209.03 GW. In August, peak demand reached 238.19 GW.This September, it was almost 241 GW. According to industry experts, this year’s significant rains in March, April, May, and June had an impact on power consumption. They claimed that in addition to an increase in industrial activity ahead of the holiday season, electricity consumption increased in August and September mostly as a result of the humid weather. They claimed that the influence of celebrations and improved economic activity is reflected in the double-digit increase in power use in October. October saw the celebrations of Durga Puja, Navratri, and Dusshera. Experts believe that because of the upcoming holidays and improved economic activity, the growth in power usage would be stable.
