Lucknow to record highest power demand growth in UP in next decade

  • | Wednesday | 16th September, 2020

Lucknow: Lucknow is expected to record the highest growth in electricity consumption among the mega cities in Uttar Pradesh during the next decade, according to a recent report on the 19th Electric Power Survey (EPS) of mega cities. The city’s peak demand was likely to soar to 2579 MW (megawatt) from the current 1450 MW by 2029-30, the report said.

Lucknow: Lucknow is expected to record the highest growth in electricity consumption among the mega cities in Uttar Pradesh during the next decade, according to a recent report on the 19th Electric Power Survey (EPS) of mega cities. The city’s peak demand was likely to soar to 2579 MW (megawatt) from the current 1450 MW by 2029-30, the report said.

Varanasi is likely to be next to Lucknow in the Compound Annual Growth Rate (CAGR) of electricity, to be followed by Kanpur and Agra. The four UP towns are among the country’s 45 mega cities covered in the EPS. During the last five years (2013-14 to 2018-19), Lucknow has logged CAGR of 6.59% & 5.82% in electricity energy requirement and peak demand respectively, according to the report available on Central Electricity Authority’s website.

The peak demand in Lucknow is expected to see a CAGR of 6.15% up to 2024-25 and will reach 1955 MW in comparison to 1450 MW in 2019-20. It is expected to reach 2579 MW in 2029-30 with a CAGR of 5.70% after 2024-25. “Lucknow has witnessed good growth in power demand in the recent past and the city is expected to follow a similar growth pattern in the future also,” says the report. It says the peak demand of Varanasi is expected to see 4.85% compound annual growth rate up to 2024-25 and will reach 776 MW in comparison to 613 MW in 2019-20. It is expected to reach 976 MW in 2029-30 with a CAGR of 4.69% after 2024-25.

EPS noted that Varanasi had witnessed moderate peak demand growth in comparison to its energy requirement growth that is in contrast to most of the other mega cities. “This could be explained on account of higher increase in industrial consumption in recent years in the city,” it pointed out.

 

 



Stay updated with all the Lucknow Latest News headlines here. For more exclusive & live news updates from all around India, stay connected with NYOOOZ.

Related Articles