Intense summer and winter spells, buoyant economy to lift power demand this fiscal

India’s peak power demand touched a record high of 216 GW in April 2022, up 6% on-year, as several regions in the North reeled under a severe heatwave. Industrial and manufacturing activities also contributed to the surge.

In December, peak demand rose once again by a sharp 12% on-year and 9% on-month to 206 GW, this time because of increased heating requirement following the onset of winter as well as continued momentum in manufacturing activity, which rose to a 25-month high during the month, as signalled by the Purchasing Managers’ Index.