Electricity output sees marginal growth of 1.3% in Apr-Jun due to unseasonal rains: Govt data

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Electricity output sees marginal growth of 1.3% in Apr-Jun due to unseasonal rains: Govt data


Birds fly subsequent to electrical energy pylons on a smoggy afternoon in the previous quarters of Delhi, India.
| Photo Credit: REUTERS

The nation’s electrical energy output witnessed a marginal growth of 1.3% in April-June quarter of 2023, in contrast to 17.1% in the identical interval a year-ago, primarily due to unseasonal rains, authorities data exhibits.

According to the most recent Index of Industrial Production (IIP) data, a measure for manufacturing facility output, electrical energy output contracted by 1.6% in March and 1.1% in April this 12 months.

The electrical energy output remained nearly flat and noticed a growth price of 0.9% in May and improved marginally to 4.2% in June this 12 months.

The data confirmed that the electrical energy output growth remained low at 1.3% in the April-June quarter of this fiscal, in contrast to 17.1% a 12 months in the past.

Industry consultants mentioned electrical energy output, demand and consumption have been affected due to unseasonal rains, which led to fewer utilization of cooling home equipment like air conditioners.

The data confirmed that the electrical energy output growth was sturdy at 12.7% in January and eight.2% in February this 12 months.

The Ministry of Power had estimated 229GW of peak energy demand in the course of the summers this 12 months. But the data confirmed that peak energy demand remained at 224.10GW in April-July 2023.

The ministry took many steps and requested imported coal-based crops to run at 100% capability in addition to directed home coal-based crops to import coal for mixing to guarantee satisfactory energy provide in the nation.

The trade consultants are of the view that the electrical energy output growth would enhance July onwards.

The newest Central Electricity Authority (CEA) data confirmed that energy consumption has grown by 6.4% to 136.44 billion items in July this 12 months, from 128.25 billion items in the identical month of 2022.



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