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Friday, December 20, 2024 | 04:11 AM ISTEN Hindi

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India's post-pandemic electricity generation growth outpaced peers

Like India, multiple lower middle income countries face power outages

On April 16, as evening peak time approached, the cost of electricity at the exchange climbed up to Rs 10.31 per unit by 4 pm
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Sachin P MampattaShine Jacob Mumbai/Chennai
India’s per capita electricity generation is higher compared to its 2019 levels than many other lower middle income countries.

The World Bank defines a lower middle income economy as one in which the per capita gross national income (GNI), or the total amount earned per person, was between $1,046 and $4,095 in 2020. India falls in this category along with nearby countries, including Sri Lanka, Pakistan and Mongolia, which have faced power cuts amid higher energy prices.

India’s per capita electricity generation is up 3.8 per cent in 2021 over 2019. It is up only 0.2 per cent for lower-middle-income

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