Peak power demand climbs to fresh record

THE RISING HEATWAVE in India soared the country's peak power demand to a new high of 2,21,076 MW on Wednesday as per the Grid Controller of India Ltd, raising concerns about power shortages as temperatures continue to rise.

- MANISH GUPTA

Of course, power minister RK Singh maintains that the country is well prepared to meet the additional demand and that there will be no major outages.

The peak demand beats the previous record of 2,11,856 MW last summer on June 10, 2022. It is 4.4% higher than the peak power demand of last year. It also crossed the peak demand of 2,15,882 MW met on April 18 this year.

The increased demand for power raised the average market clearing price to Rs 7.51 per unit on the Indian Energy Exchange at peak time of 14:50 hours.