Petrol, diesel sales rise in July, but monsoon dampens power demand

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NEW DELHI: Monsoon showers failed to chill India’s urge for food for petrol and diesel but sharply subdued power consumption in July, authorities information confirmed on Thursday.
Diesel sales progress turned optimistic registering a progress of three.4 per cent from the year-ago interval, reversing the pattern for the final a number of months, whereas petrol demand noticed a spike of 9.5 per cent yearly.Sequentially, nonetheless, diesel sales recorded a drop of 9.4 per cent , whereas petrol consumption confirmed a marginal dip of lower than 1 per cent as rains disrupted site visitors and financial actions.
In distinction, power consumption rose by a meager 3.5 per cent to 145.4 BUs (billion items) throughout the month from 140.4 BUs a yr in the past as widespread rains introduced down temperatures to . This is in sharp distinction to 8-9 per cent progress seen for final a number of months resulting from a mixture of things, together with excessive heatwave.
Jet gasoline consumption too recorded over 4.2 per cent progress and LPG sales spiked 11 per cent yearly. Sequentially, jet gasoline recorded marginal progress of lower than 1 per cent but LPG posted 14 per cent improve as folks tended to cook dinner extra as they most popular to remain indoors.
The highest power provide in a day (peak power demand met) rose to 226.6 GW towards 208.9 GW in July 2023.