India’s electricity production grew 34% over seven years to 2017, and the country now produces more energy than Japan and Russia, which had 27% and 8.77% more electricity generation capacity installed, respectively, than India seven years ago.
India produced 1,160.10 billion units (BU) of electricity–one BU is enough to power 10 million households (one household using average of about 3 units per day) for a month–in financial year (FY) 2017. Electricity production stood at 1,003.525 BU between April 2017-January 2018, according to a February 2018 report by India Brand Equity Foundation (IBEF), a trust established by the commerce ministry.
With a production of 1,423 BU in FY 2016, India was the third largest producer and the third largest consumer of electricity in the world, behind China (6,015 BU) and the United States (4,327 BU). Read More…
Latest posts by Business-Standard.com (see all)
- Oil PSUs profitability to take a hit if fuel price revision stops: Moody’s - March 26, 2019
- Captive coal mines overshoot target, total production up 8% - March 25, 2019
- UChicago, Tata Centre tie-up to rate India’s most polluting industries - March 25, 2019