Power demand increases by 23 per cent in March 2021

The electricity demand in the country is estimated to be 123.2 BUs in March 2021, showing an increase of 22.9 per cent as compared to March 2020.

About 115.2 BUs of power was supplied in the first 29 days of March as per data from the NLDC. The per day rate of power supplied comes to around 3.9 BU. At this rate, the power demand is expected to be 123.2 BU in March. Power demand has been rising since the last seven months up to March. However, power demand for the full year in 2020-21 is expected to drop by 0.8 per cent on a year-on-year (y-o-y) basis. Power consumption in the country had decreased by 8.5 per cent on a y-o-y basis, to 625.6 BU in the first half of 2020-21 due to the lockdown and subsequent stall in industrial and commercial activities. Lower power consumption by even the highly industrialised states in 2019-20 had caused the annual demand growth of the country growth to a six-year low of 1.3 per cent.

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