India’s power sector is experiencing a significant surge in demand, with projections indicating that peak power consumption could reach an unprecedented 260 gigawatts (GW) during September or October this year. This marks a 20 per cent increase in just two years, necessitating potential revisions to the National Electricity Plan (NEP) 2022-27, revealed Power Secretary Pankaj Agarwal, according to a report by the Financial Express.
Agarwal said that the current NEP might need updating to address the new demand forecasts, with the government now anticipating the country’s peak power demand to hit 400 GW by 2031-32, exceeding the previously projected 384 GW.
June 2024 saw power consumption rise to 152.4 billion units (BU), up 9 per cent compared to 140.27 BU in June 2023
In May, India’s peak demand already reached 250 GW, surpassing last year’s peak of 243 GW…
