India’s Power Demand Surges to Five-Year High in September: CRISIL Report

India’s Power Demand Surges to Five-Year High in September: CRISIL Report

• In a recent report by CRISIL MI&A (Market Intelligence and Advisory), India’s power demand for September 2023 reached an impressive five-year high. The report also offers insights into the factors driving this surge and the challenges faced by the power sector. Here, we break down the key findings and observations.

• India’s power demand in September witnessed remarkable year-on-year growth, reaching 140-142 billion units (BUs), marking a five-year high.
• Overall power generation in September is estimated to have risen by 9-10 percent on a year-on-year basis, reaching 150-152 BU.
• August 2023 saw a record high power generation of 159 BU

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Published date : 29 Sep 2023 05:48PM