Begin typing your search...

Electricity output rises 1.3% in Q1

Output, demand and consumption were affected due to unseasonal rains, says Index of Industrial Production (IIP) data

Electricity output rises 1.3% in Q1
X

Electricity output rises 1.3% in Q1

New Delhi The country's electricity output witnessed a marginal growth of 1.3 per cent in April-June quarter of 2023, compared to 17.1 per cent in the same period a year-ago, mainly due to unseasonal rains, government data shows.

According to the latest Index of Industrial Production (IIP) data, a measure for factory output, electricity output contracted by 1.6 per cent in March and 1.1 per cent in April this year. The electricity output remained almost flat and saw a growth rate of 0.9 per cent in May and improved marginally to 4.2 per cent in June this year. The data showed that the electricity output growth remained low at 1.3 per cent in the April-June quarter of this fiscal, compared to 17.1 per cent a year ago.

Industry experts said electricity output, demand and consumption were affected due to unseasonal rains, which led to fewer usage of cooling appliances like air conditioners.

Bizz Buzz
Next Story
Share it