Power consumption in the country grew by around 19 per cent in the first fortnight of May to 51.67 billion units (BU) over the same period last year, showing recovery in industrial and commercial demand of electricity, according to the power ministry data. Power consumption in the first fortnight of May 2020 was 43.55 BU. The power consumption in the entire month of May last year was 102.08 BU.
During the first fortnight of May this year (from May 1 to 14), peak power demand met or the highest supply in a day touched the highest level of 168.78 GW (on May 6, 2021) and recorded growth of over 15 per cent over 146.54 GW (peak met) recorded in the same period in 2020 (on May 13, 2020).
The power consumption in April grew nearly 40 per cent to 118.08 BU. Power consumption in April 2020 had dropped to 84.55 BU from 110.11 BU in the same month in 2019, mainly because of fewer economic activities following the imposition of lockdown by the government in the last week of March 2020 to contain the spread of deadly COVID-19.
The power consumption also fell in May 2020 to 102.08 BU from 120.02 BU in May 2019.
Similarly, peak power demand met or the highest power supply in a day also slumped to 132.73 GW in April last year from 176.81 GW in the same month in 2019, showing the impact of lockdown on economic activities.
The fewer economic activities also resulted in a fall of peak power demand in May 2020 to 166.22 GW from 182.53 GW in May 2019.
Taking to , Davinder Sandhu, Advisor Primus Partners said, “Energy is derived demand, and with onset of summer and the productive pre-monsoon cycle of the Indian economy, an uptick is always expected.”