What are the contributing factors to the growth of India’s power consumption in February
India's power consumption grows slightly to 131.54 billion units in February
- Industrial recovery: The gradual recovery of industries post the pandemic has led to increased demand for electricity.
- Improving economy: As the economy continues to show signs of growth, there is higher consumption of power across various sectors.
- Urbanization and infrastructure development: Urbanization and ongoing infrastructure projects require a higher usage of electricity for construction and operations.
- Seasonal factors: Factors like colder weather in certain regions during February can lead to higher consumption of power for heating purposes.
- Increased commercial activities: With businesses reopening and operating at full capacity, there is a surge in power consumption for offices, shops, and other commercial establishments.
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