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Data▲ Bullish for Indian equities
India’s power consumption rises 11.35% to 162.19 BU in September
The brief
- Power consumption rose 11.35% to 162.19 BU in September
- Demand tapered in the second half; industrial and commercial requirements are expected to support festival-season consumption
- Higher demand may support Indian power generators and electricity suppliers
- India’s power shortfall reaches a three-year peak despite higher coal burn
- India’s September power deficit hits a decade high as monsoon ends 13% below normal
- Centre's Captive Coal Push May Add 5-7 GW, Fall Short Of Peak Demand Surge
- El Nino effect: India’s coal imports may rise in October-December
- No coal shortage, says Reddy; plants with critical stocks rise to 82