Energy Minister Peddireddi Ramachandra Reddy has said that the demand for electricity is poised to increase substantially in the years to come due to sustained economic growth.
“It is likely to cross 250 Million Units (MU) per day after March 2023. The power utilities should, therefore, brace for the challenge,” Mr. Ramachandra Reddy exhorted the officials in a virtual meeting on Sunday.
On the occasion, Mr. Ramachandra Reddy observed that the Indian power sector was undergoing a significant change, and the competition had intensified, which resulted in a clamour for the existing resources.
