Energy consumption grows 11.45% in first half of October

NEW DELHI: India’s energy consumption grew 11.45 per cent to 55.37 billion items (BU) within the first half of October this yr, primarily pushed by buoyancy in industrial and business actions, as per authorities information.
Energy consumption within the nation was recorded at 49.67 BU throughout October 1-15 final yr, in line with the facility ministry information.
For a full month in October final yr, energy consumption was 97.84 BU. Thus, the extrapolation of half-month information provides enough indication that energy consumption could witness year-on-year double digit development this month, in line with specialists.
They mentioned a double-digit development in energy consumption within the first half of this month confirmed that business and industrial demand has improved with easing of lockdown restrictions and can be higher than this within the coming months.
The federal government had imposed nationwide lockdown on March 25 to include the unfold of Covid-19. Energy consumption began declining from March onwards as a result of fewer financial actions within the nation.
The Covid-19 scenario affected energy consumption for six months in a row from March to August this yr.
Energy consumption on year-on-year foundation declined 8.7 per cent in March, 23.2 per cent in April, 14.9 per cent in Might, 10.9 per cent in June, 3.7 per cent in July and 1.7 per cent in August.
The information confirmed that electrical energy consumption had grown by 11.73 per cent in February.
Energy consumption has proven an enchancment publish lockdown easing for financial actions after April 20.
After a spot of six months, energy consumption recorded a development of 4.6 per cent in September this yr at 112.43 BU from 107.51 BU in the identical month final yr.
Earlier this month, energy and new and renewable power minister RK Singh additionally mentioned, “In September, our energy demand was larger than September 2019. So the expansion began once more. Although Covid drawback lingers, the expansion in our energy consumption and demand has began.”
Peak energy demand met, the best provide of energy within the nation in a day, throughout October 1 to 15 was recorded at 170.04 GW (recorded on October 7 and eight).
Peak energy demand met for the month of October final yr stood at 164.25 GW (recorded on October 14, 2019).
Peak energy demand in September this yr recorded a development of 1.Eight per cent at 176.56 GW, in comparison with 173.45 GW a yr in the past, the information confirmed.
Peak energy demand met had recorded unfavorable development from April to August this yr as a result of pandemic. The height demand met dropped to 24.9 per cent in April, 8.9 per cent in Might, 9.6 in June, 2.7 per cent in July and 5.6 per cent in August.
In March, it was muted at 0.Eight per cent.

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