🧵 1. Power demand in India surged by 7% in July to 150 BU due to high consumption in rain-deficient northern states, reveals CRISIL data. #business
🧵 1. Power demand in India surged by 7% in July to 150 BU due to high consumption in rain-deficient northern states, reveals CRISIL data. #business
🧵 2. Overall demand up by 10% in the first 4 months of fiscal 2024-25. CRISIL mentions a 5% rise in power generation to 156 BUs in July.
🧵 3. Northern region sees major demand spike as Punjab, Haryana, Rajasthan face low rainfall. Southern region demand up by 4%, west declines by 1%.
🧵 4. Hydro power generation dropped by 6% due to deficient rainfall in the north. Coal, nuclear, and renewable energy generation saw year-on-year growth.
🧵 5. CRISIL forecasts a 6.5-7.5% increase in power demand in fiscal 2025, citing weather uncertainties and robust economic activities.
🧵 Read more at: https://www.financialexpress.com/business/industry/power-demand-up-7-on-year-in-july/3579964/