Data monitor: Power demand grew by 2.3% y-o-y in Nov

The electricity requirement for FY22 to date has risen at a CAGR of 2.3% over the pre-pandemic level.

 As per terms of fuel supply agreement, CIL initially bills customers based on the declared grade of coal despatched.
 As per terms of fuel supply agreement, CIL initially bills customers based on the declared grade of coal despatched.

The Nov’21 electricity demand rose by 2.3% y-o-y, which is less than the rise of 10.4% for YTDFY22.

The electricity requirement for FY22 to date has risen at a CAGR of 2.3% over the pre-pandemic level.

Power deficit normalised to 0.23% in Nov-21 from 1.08% in Oct-21 (highest since 2016).

Dues for distribution companies (DISCOMS) stabilised at Rs 1,150 bn owing to a Rs 48-bn reduction in the overdue amount. TN, Maharashtra and Rajasthan accounted for 47% of the total dues outstanding.

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