As power consumption soars, Chief Minister to review situation today

Although KSEB has made power purchase deals and ‘swap’ arrangements in advance, they may not prove sufficient; electricity consumption stood at 101.16 mu on Tuesday

Chief Minister Pinarayi Vijayan will review the power situation in the State on Thursday even as electricity consumption in Kerala crossed the 100 million unit (mu) mark for the second consecutive day on Tuesday.

Electricity Minister K. Krishnankutty, Water Resources Minister Roshy Augustine, Finance Minister K.N. Balagopal, Chief Secretary V. Venu, and senior officials from the departments concerned will attend the meeting.

The meeting is expected to take a look at the power scenario during the summer, storage levels in hydel dams, power purchase deals inked in anticipation of the summer demand, and the troubling financial situation of the Kerala State Electricity Board (KSEB).

Low storage in dams

Combined storage in the hydel reservoirs managed by the KSEB stood at 52% of the capacity on Tuesday, adequate to generate 2,146.62 mu of electricity. This is higher than last year, but lower compared to the same dates in 2021 and 2022, show Load Despatch Centre data.

The KSEB attributes the low storage to the inadequate rainfall in 2023.

Although the OctoberDecember northeast monsoon gifted 27% excess rainfall, the JuneSeptember southwest monsoon, which contributes 70% of Kerala’s annual rainfall, fell short by 34% of the normal.

Financial strain

Given the emerging pattern of power consumption this summer, the KSEB’s financials are likely to come under heavy strain, according to officials of the power utility. Although power purchase deals and ‘swap’ arrangements have been made in advance, they may not prove sufficient.

Usage in Kerala crossed 100 million unit mark for second consecutive day on Tuesday

Consumption figures

The electricity consumption stood at 101.16 mu on Tuesday. On Monday, it was 101.38 mu while peak demand touched a record 5,031 MW. These are unprecedented consumption levels for March.

The KSEB’s projection on maximum demand for March was 4,800 MW. Last year, daily consumption levels had crossed the 100 mu mark on multiple days in April, at the height of the summer season.

The alltime record is 102.99 mu, set on April 19, 2023.