• Contact Us
  • Privacy Policy
  • Cookie Privacy Policy
  • DMCA
  • Terms of Use
Saturday, February 4, 2023
NEW EXPRESS NEWS
  • HOME
  • US NEWS
  • INDIA
  • EUROPE
  • WORLD
  • GULF NEWS
  • BUSINESS
  • HEALTH
  • RELIGIOUS
  • SPORTS
  • TECHNOLOGY
  • LIFESTYLE
No Result
View All Result
  • HOME
  • US NEWS
  • INDIA
  • EUROPE
  • WORLD
  • GULF NEWS
  • BUSINESS
  • HEALTH
  • RELIGIOUS
  • SPORTS
  • TECHNOLOGY
  • LIFESTYLE
No Result
View All Result
NEW EXPRESS NEWS
No Result
View All Result

India’s electricity consumption grows 14 pc in November; experts say it indicates sustained recovery

by NEWS DESK
December 1, 2022
in BUSINESS
0 0
0
0
SHARES
0
VIEWS
ShareShareShareShareShare
Image Source : REPRESENTATIVE PIC/PTI Growth in power consumption

Indicating sustained economic recovery, the government data showed India’s power consumption logged a double-digit growth of 13.6 per cent to 112.81 billion units in November 2022 compared to the year-ago period. 

The robust growth of power consumption in the month mainly indicates an increase in economic activities as generally it remains subdued in November.

Experts say power consumption and demand will further increase in the coming months due to use of heating appliances, especially in the northern part of the country, and further improvement in economic activities on account of the beginning of the new rabi crop season.

Farmers use electricity to run tubewells for irrigation for new crops. In November last year, power consumption was 99.32 billion units (BU), higher than 96.88 BU in the same month of 2020, the data showed.

The peak power demand met, which is the highest supply in a day, last month rose to 187.38 gigawatt (GW).

The peak power supply stood at 166.10 GW in November 2021 and 160.77 GW in November 2020.

The peak power demand met was 155.32 GW in November 2019, which was the pre-pandemic period.

Electricity consumption in November 2019 stood at 93.94 BU.  

Experts say the robust growth in power consumption in November indicates sustained recovery. They also opine that power consumption as well as demand would see high growth in coming months in view of further improvement in industrial and commercial activities across the country.

(With PTI input)

Also Read: India’s GDP growth slips to 6.3 pc in Q2, but remains fastest-growing major economy

Latest Business News


Credit: Source link

Previous Post

Pope to travel to DRC and South Sudan in early 2023

Next Post

Pope Francis’ trip to Africa rescheduled for February 2023

Related Posts

BUSINESS

MasterCard NFT chief quits over pay; mints his resignation as NFT

February 4, 2023
0
BUSINESS

Shine On: Investors rush to gold amid inflation fears

February 3, 2023
0
BUSINESS

Crypto Mania Takes Over: Prices Soar as Digital Assets Heat Up the Market

February 3, 2023
0
BUSINESS

Aap Ki Adalat | ‘In Modi’s govt, we don’t give instructions on phone to ED, I-T’, avers FM Sitharaman

February 3, 2023
0
BUSINESS

“It’s not for Centre to reply, regulators are looking into it”, Nirmala Sitharaman says on Adani issue latest updates

February 3, 2023
0
BUSINESS

Samvaad 2023: There is something or other for everyone in Budget, says Piyush Goyal

February 3, 2023
0
Next Post

Pope Francis’ trip to Africa rescheduled for February 2023

Browse by Category

  • arts and entertainment
  • BUSINESS
  • EDUCATION
  • EUROPE
  • GULF NEWS
  • HEALTH
  • INDIA
  • LIFESTYLE
  • NEWS
  • RELIGIOUS
  • SCIENCE
  • SPORTS
  • TECHNOLOGY
  • Uncategorized
  • US NEWS
  • WORLD
NEW EXPRESS NEWS

Follow Us

  • MALAYALAM NEWS

© 2020 NEW EXPRESS NEWS

  • HOME
  • US NEWS
  • INDIA
  • EUROPE
  • WORLD
  • GULF NEWS
  • BUSINESS
  • HEALTH
  • RELIGIOUS
  • SPORTS
  • TECHNOLOGY
  • LIFESTYLE

© 2020 NEW EXPRESS NEWS

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In