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Power demand rises 3% in February
Financial Express Chandigarh
|March 17, 2025
Nearing Peak
INDIA'S POWER DEMAND in February increased 3.1% year-on-year, driven by rising temperatures and higher consumption, according to Crisil. Between April 2024 and February 2025, power demand is estimated to have grown 4.2% on-year.
"With nearly half of India's power demand coming from industrial and commercial consumers, the expansion of relevant activities is crucial for power demand to continue growing," Crisil stated.
While demand continues to rise, the 3.1% growth in February 2025 is lower than the 9.9% recorded in 2023 and 7.1% in 2024 for the same month. However, Crisil stated that this still translates to an incremental demand of around 24 billion units (BU) over the past three years in February.
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