Industrial and commercial demand for electricity in the country is improving.
During the first two weeks of May, electricity consumption in the country increased by 19 percent to 51.67 billion units (Billion Units).
New Delhi. The second wave of Corona in the country has caused an outcry. Meanwhile, the demand for electricity has increased. In fact, electricity consumption in the country during the first two weeks of May increased by 19 percent to 51.67 billion units (Billion Units). This shows a continuous improvement in industrial and commercial demand for electricity. According to the data of the Ministry of Power, in the first two weeks of May 2020, electricity consumption was 43.55 billion units. In May last year, electricity consumption during the entire month was 102.08 billion units. At the same time, during the two weeks of this month, the maximum demand for electricity on May 6 was 168.78 GW, which is 15 percent more than the demand of 146.54 GW on May 13 in the same month last year. Also read- Now getting free insurance cover of Rs 7 lakh on EPFO account, know how to get its benefits? Energy consumption in April increased by 40 percent to 118.08 billion unitsEnergy consumption grew 40 per cent to 118.08 billion units in April as compared to only 84.55 billion units due to the nationwide lockdown in April 2020 due to Corona infection, according to data from the Ministry of Power. The electricity consumption in April 2019 was 110.11 billion units. Energy consumption fell to 102.08 billion units in May 2020 from 120.02 billion units in May 2019, mainly due to the complete shutdown of economic activity in the lockdown imposed due to Corona. Also read- GST Council meeting to be held on May 28! Decision can be taken on these important issues
Davinder Sandhu, consultant at Primus Partners, said, “Energy grows according to demand. The demand and supply of energy has increased by 25–40 per cent during March – May 2021. Also, thermal PLF has risen by 75 percent or more after several quarters. The main reason for this was a spurt in economic activity and a major increase in exports in January-March 2021. “After a six-month gap last year, there was a 4.6 percent increase in electricity consumption between September-October 2020. However, due to the arrival of winter in November 2020, electricity consumption was reduced by 3.2 per cent. At the same time, power consumption increased by 4.5 percent in December and 4.4 percent in January 2021, while it remained almost equal to 103.25 billion units in February and increased by 20 percent to 120.63 billion units in March.