An increase in power consumption indicates an increase in the pace of economic activity
Mumbai, Ta. Thursday, November 19, 2020
In the first fortnight of November, power consumption in the country increased by 2.50 per cent to 20.12 billion units, indicating an improvement in economic activity. In the first fortnight of November last year, power consumption stood at 4.5 billion units, according to government data.
In November last year, power consumption stood at 4.5 billion units. Thus, for the third consecutive month in November, there are indications that power consumption in the country will remain high.
After a six-month period, the country's electricity consumption in September grew by 2.50 per cent year-on-year to 114.5 billion units. The increase was 12 per cent in October.
The steady rise in power consumption in the first fortnight of November indicates an increase in commercial and industrial demand in the country, government sources said.
The country has seen a three-month decline in power consumption since the lockdown was imposed in March. Slow recovery in power consumption has begun since the lockdown began in phases in June.
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