Power Ministry

Discom health improving gradually; NTPC, Power Grid, PFC top picks: Nikhil Nigania

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Discom health improving gradually; NTPC, Power Grid, PFC top picks: Nikhil Nigania

“This year weather has been less warm compared to last year which is pulling down this demand on top of the high base of last year. So, near-term, yes, it could be low, but medium to long-term 1x real GDP which is 6% to 7% that is what we think should hold on power demand,” … Read more

India’s power consumption grows by over 16% to 151.66 billion units in August

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India’s power consumption grows by over 16% to 151.66 billion units in August

File. | Photo Credit: B. Jothi Ramalingam The country’s power consumption grew by over 16% to 151.66 billion units in August this year compared to that of the same month last year mainly due to increase usage of cooling appliances during sultry weather. In the year-ago period, power consumption stood at 130.39 billion units (BU), … Read more