South India drives power consumption growth

South India drives power consumption growth

Southern India is leading power consumption growth in the country. Electricity usage in the region’s five states and the Union territories of Puducherry and Lakshadweep grew 8.8% in April-November 2016, shows data compiled by Motilal Oswal Securities Ltd.

Comparatively the country as a whole has seen a growth of 5.1% during the period.

Consumption is high in states where rainfall is low. Tamil Nadu, which has been declared drought-hit by the state government, saw a 12% rise in electricity usage.

Karnataka, which also saw scanty rains, has seen a 10% rise in power usage, points out Motilal Oswal, citing data from Central Electricity Authority. Read More…

Leave a Reply

Your email address will not be published.