SectorVector - Regaining spark

December 09, 2024

After three consecutive months of muted growth, power demand is estimated to have increased 4.3% on-year to ~125 billion units (BUs) in November.

The recovery rides on a pick-up in industrial activity, as indicated by the Purchasing Managers’ Index (PMI) at 56.5, indicating expansion. Notably, industrial and commercial consumers account for almost half of India’s total power demand.

Peak power demand is estimated to have marginally increased to 207 GW in November from 204 GW a year ago.

Additionally, November recorded the second-highest maximum temperature of 29.37⁰C and the thirdhighest average temperature of 23.14⁰C for the month since 1901.

For the April-November period, power demand is up ~4.7% on-year.

After three consecutive months of muted growth, power demand is estimated to have increased 4.3% on-year to ~125 billion units (BUs) in November.

The recovery rides on a pick-up in industrial activity, as indicated by the Purchasing Managers’ Index (PMI) at 56.5, indicating expansion. Notably, industrial and commercial consumers account for almost half of India’s total power demand.

Peak power demand is estimated to have marginally increased to 207 GW in November from 204 GW a year ago.

Additionally, November recorded the second-highest maximum temperature of 29.37⁰C and the thirdhighest average temperature of 23.14⁰C for the month since 1901.

For the April-November period, power demand is up ~4.7% on-year.

After three consecutive months of muted growth, power demand is estimated to have increased 4.3% on-year to ~125 billion units (BUs) in November.

The recovery rides on a pick-up in industrial activity, as indicated by the Purchasing Managers’ Index (PMI) at 56.5, indicating expansion. Notably, industrial and commercial consumers account for almost half of India’s total power demand.

Peak power demand is estimated to have marginally increased to 207 GW in November from 204 GW a year ago.

Additionally, November recorded the second-highest maximum temperature of 29.370C and the thirdhighest average temperature of 23.140C for the month since 1901.

For the April-November period, power demand is up ~4.7% on-year.

Additionally, November recorded the second-highest maximum temperature of 29.37⁰C and the thirdhighest average temperature of 23.14⁰C for the month since 1901.