Power consumption grew marginally by 1.8 per cent year-on-year to 407.76 billion models in the April-June quarter, primarily as a result of unseasonal rains, the Biparjoy cyclone and heavy Monsoon downpours, based on the federal government knowledge. The Central Electricity Authority (CEA) knowledge confirmed that the facility consumption was 400.44 billion models (BU) in the April-June quarter in 2022 and recorded a development of 17.6 per cent in comparison with 340.37 BU in the identical interval of 2021.
The peak energy demand rose to 223.23 GW in April-June 2023 from 215.88 GW in the identical interval in 2022. It was 193.99 GW in April-June 2021. Thus, the height energy demand development has remained subdued in the primary quarter of the present fiscal. The energy ministry earlier estimated the nation’s electrical energy demand to the touch 229 GW throughout the summer time. But, it didn’t attain the projected degree in April-June this yr as a result of unseasonal rains, the Biparjoy cyclone and heavy Monsoon downpours.
The ministry has taken varied steps to keep away from outages as a result of provide constraints. It has requested imported coal-based energy vegetation to run at full capability. It has additionally directed coal-based vegetation to import dry gas for mixing to keep away from any scarcity. Rains diminished the demand for electrical energy as folks used fewer cooling home equipment throughout April-June 2023 in comparison with the earlier yr, say trade consultants.
According to the newest Index of Industrial Production (IIP) knowledge, electrical energy technology in the April-May interval contracted by 0.1 in comparison with a development of 17.4 per cent in the identical interval in 2022. Power technology development remained nearly flat at 0.9 per cent in May and contracted by 1.1 per cent in April this yr, confirmed the IIP knowledge.
The energy technology additionally contracted in March this yr by 1.6 per cent. However, it grew by 8.2 per cent in February and 12.7 per cent in January, as per the IIP knowledge. The IIP knowledge confirmed the affect of rains on energy technology as properly, which additionally led to subdued development of electrical energy consumption in the nation throughout the first quarter of this fiscal.
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