Lucknow to record highest power demand growth in UP in next decade
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 of mega cities. 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. During the last five years, 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. 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 1180 MW in 2029-30 with a CAGR of 4.47% after 2024- 25 The survey found that the energy requirement CAGR of Kanpur city for the past five years showed negative growth and the peak demand growth was also moderate.
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