HomeNewsBusinessPowerWatch | Power demand on rise, coal stock situation remains 'manageable'

PowerWatch | Power demand on rise, coal stock situation remains 'manageable'

Of the 165 domestic coal-based thermal power plants in the country, 34 had critical stocks. Last year at this time, the number of such plants was around 96.

May 05, 2023 / 20:46 IST
Story continues below Advertisement
Power
PowerWatch

India met a peak power demand of 178.9 gigawatts (GW) on May 4. The demand which could not be met on the day, or the peak demand deficit, increased to 566 megawatts (MW) from 256 MW on May 3.

On May 4, 2022, the peak power demand that was met was 197.9 GW, while the deficit was 667 MW. On May 3 this year, the peak power demand that was met was 172 GW, whereas it was 199.4 GW on the same day last year. On May 2 this year, the peak power demand that was met was 173.2 GW, whereas, last year, it was 204.4 GW. On May 1 this year, the demand was 159.72 GW, while, last year it was 190.5 GW, government records showed.

Story continues below Advertisement

The reduction in demand this year in this period can be attributed to rains and thunderstorms in several parts of the country, leading to a drop in temperature that was lower than normal for this time of year. Normally, North India sees high temperatures and even heatwaves at this time, and the government had predicted the peak power demand to reach 230 GW this April.

On May 1, India experienced a peak power demand of 159.7 gigawatts (GW), the lowest for this day in three years. The demand, which could not be met on the day, or the peak demand deficit, was 53 megawatts (MW), the lowest in a decade, according to data seen by Moneycontrol.