Govt Enforces ‘Melt and Pour’ Rule for All Steel in Public Projects Nippon Steel expected to finalize U.S. Steel acquisition at $55 per share NMDC Limited reports a 38% drop in Q4 FY24 consolidated net profit RINL to Raise $23 Million Through Land Sales Amid Crisis
According to government data, India's power consumption rose by over 6% to 133.83 billion units (BU) in January 2024 compared to the same month the previous year.
According to the data, power usage in January 2023 was 126.30 BU, which was higher than the 111.80 BU recorded for the same month the previous year. In January 2024, the maximum supply of power in a single day, or the peak power demand, reached 222.32 GW. In January 2023, the peak power supply was 210.72 GW, while in January 2022, it was 192.18 GW.
Experts stated that power consumption as well as demand improved in January as mercury fell sharply in the month, especially in North India.
The cold wave resulted in increased use of heating equipment like heaters, blowers and geysers which led to increase of power demand as well as consumption.
Also Read : Suzlon Group obtains 82 MW wind energy project from Oyster Green Substantial spike in coal production and dispatch in Feb'24
Net profit declined 82% YoY to ₹33.24 crore in Q4 FY 2024-25. Operational margins impacted by input...
Business 06-May-2025
Geoffrey R Pyatt, US Assistant Secretary of State for Energy Resources, will visit India later this...
Non-Ferrous 24-Jan-2024
Nippon Steel is set to engage in talks with the U.S. Commerce Department to explore its bid for U.S....
Business 25-Feb-2025
The budget for the fiscal year 2024–2025 was presented by Tamil Nadu's Finance Minister, Thang...
Notification 19-Feb-2024
Europe's largest copper producer Aurubis missed first-quarter earnings expectations on Tuesday,...
Non-Ferrous 06-Feb-2024
Recycling to Overtake Mining by 2050, Says Tata Steel Chief T.V. Narendran, MD and CEO of T...
Business 27-Jun-2025