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India Electricity Demand at Its Lowest in 12 Years, CEA Data Shows

Apart from electricity, India has also seen its fuel demand growth on track for its slowest pace in six years.

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India
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Amid the ongoing economic slowdown, India's power demand also fell about 13.2 percent in October, as against last year's numbers, LiveMint reported, calling it the steepest decline in 12 years.

India needs electricity to fuel its expanding economy, but a third decline in power consumption in as many months points to tapering industrial activity in a nation that is going through one of its worst economic slowdowns, the report said.

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The report mentioned that reduced usage in commercial states like Maharashtra and Gujarat led the decline. Last month, power demand in Maharashtra declined by 22.4 percent, while Gujarat saw an 18.8 percent decline, according to data from the Central Electricity Authority (CEA), cited by LiveMint.

Apart from electricity, India has also seen its fuel demand growth on track to hit its slowest pace in six years.

(With inputs from LiveMint)

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