The recent temperature surge has significantly pushed up power demand, with India's peak demand reaching 250 GW this year, surpassing the previous high of 243 GW recorded in September last year
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Crisil Ratings says, India touches new highs in peak power demand at 246 GW and 250 GW on 29 and 30 May, respectively.
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The rating agency expected that the power demand in the country would grow by 5 to 6 per cent per annum over this period.
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The healthy demand growth continued in the first two months of FY25 at over 10 per cent supported by a favourable base. The report stands validated by the record maximum power demand of 250 GW on 30 May, as declared by the Ministry of Power.
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This peak demand reached at 3:42 pm, surpassing the previous record of 7717 MW set just a day earlier. Before this, the record was 7695 MW, achieved on 29 June 2022
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