India's power consumption grows nearly 9 pc to 1,099.90 billion units in April-November

Power consumption in India has increased by nearly nine per cent from April to November this fiscal year, indicating a surge in economic activities. The power consumption during this period was 1,099.90 billion units (BU), higher than the 1,010.20 BU recorded in the same period last year. The growth in power consumption is seen as a sign of buoyancy in the economy. The Union Power Minister stated that the power demand has increased by 50.8 per cent in energy terms from 2013-14 to 2022-23, and attributed the increase to the addition of 194 GW of capacity between 2014 to 2023.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/NGYkMPE