India's power consumption slightly up to 140.4 billion units in October
POWER & RENEWABLE ENERGY

India's power consumption slightly up to 140.4 billion units in October

India's power consumption experienced a slight increase of about one per cent, reaching 140.47 billion units (BU) in October, compared to the same period last year. This growth was primarily attributed to a high base effect. In October of the previous year, power consumption had surged by over 22 per cent to 139.44 BU from 113.94 BU in October 2022.

The maximum daily supply, or peak power demand met, decreased to 219.22 GW in October 2024 from 221.53 GW in October 2023. May 2024 saw peak power demand reach an all-time high of nearly 250 GW, surpassing the previous record of 243.27 GW set in September 2023.

Earlier this year, the power ministry forecasted a peak power demand of 235 GW during daytime hours and 225 GW in the evening for May, with projections of 240 GW for daytime and 235 GW for evening in June. The ministry also estimated that peak demand could reach 260 GW during the summer.

Experts, referencing official data that indicated October 2024 as the warmest in decades, remarked that the slight growth in power demand and consumption was largely due to the higher base effect. They also pointed out that the reduction in peak demand in October reflected the beginning of winter, especially in Northern India, where electricity use typically increases with cooling appliances like air conditioners and coolers. Nonetheless, experts believe power demand and consumption will remain steady in the near term, supported by robust commercial and industrial activity.

India's power consumption experienced a slight increase of about one per cent, reaching 140.47 billion units (BU) in October, compared to the same period last year. This growth was primarily attributed to a high base effect. In October of the previous year, power consumption had surged by over 22 per cent to 139.44 BU from 113.94 BU in October 2022. The maximum daily supply, or peak power demand met, decreased to 219.22 GW in October 2024 from 221.53 GW in October 2023. May 2024 saw peak power demand reach an all-time high of nearly 250 GW, surpassing the previous record of 243.27 GW set in September 2023. Earlier this year, the power ministry forecasted a peak power demand of 235 GW during daytime hours and 225 GW in the evening for May, with projections of 240 GW for daytime and 235 GW for evening in June. The ministry also estimated that peak demand could reach 260 GW during the summer. Experts, referencing official data that indicated October 2024 as the warmest in decades, remarked that the slight growth in power demand and consumption was largely due to the higher base effect. They also pointed out that the reduction in peak demand in October reflected the beginning of winter, especially in Northern India, where electricity use typically increases with cooling appliances like air conditioners and coolers. Nonetheless, experts believe power demand and consumption will remain steady in the near term, supported by robust commercial and industrial activity.

Next Story
Real Estate

Signature Global Prime Earns IGBC Platinum Certification for Sustainability

Signature Global (India) has achieved IGBC Platinum certification for its affordable housing project, Signature Global Prime, in Sector 63A, Gurugram. This milestone makes it one of the few affordable housing projects in India to earn the prestigious recognition.Spread over 5.7 acre, Signature Global Prime consists of 817 residential and 118 high-street retail units. The project advanced from Gold to Platinum certification by excelling in energy efficiency, water conservation, eco-friendly materials, and sustainable design.Lalit Aggarwal, Co-founder & Vice Chairman, stated, ""This achievem..

Next Story
Real Estate

Merino’s Special Laminates: Redefining Modern Interiors

Merino’s Special Laminates offer a perfect blend of aesthetics, durability, and functionality, making them a preferred choice for architects and designers. With diverse textures, patterns, and finishes, these laminates cater to varied design preferences—from minimalistic to bold interiors.Diverse Product RangeMerino’s collection includes:Sampada: Traditional Indian-inspired patterns.Luvih: Satin-smooth, fingerprint-resistant matte laminates.Infusio: High-definition, vibrant surface designs.Laminature: Realistic natural textures.Metalam: Sleek metallic finishes.Tuff Gloss MR+: High-gloss,..

Next Story
Real Estate

Casagrand Millenia Acquires Wagholi Land for Rs 1.26 billion

Casagrand Millenia has acquired a 1.18-ha land parcel in Wagholi, Pune, for Rs 1.26 billion (bn), as per property registration records. The transaction, involving a stamp duty of Rs 88.2 million and a registration fee of Rs 30,000, was finalised in January 2025.Anand Moorthy, Co-founder and CBO, Capital Market & Services, Square Yards, said, “Pune’s eastern micromarket is emerging as the most dynamic commercial hubs, witnessing the highest office offtake in the city. This surge coupled with well-developed physical and social infrastructure, seamless connectivity via the Pune-Ahilya..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?