Above-normal March rains cool power demand growth, ease prices: Crisil Intelligence
Higher-than-usual March rainfall tempered India's power demand growth to 1.7%, despite record consumption. Softer demand and ample supply led to lower electricity prices in the short-term market. Renewable energy generation continued its upward trend, while coal remained dominant in power generation.
Higher-than-usual March rainfall tempered India's power demand growth to 1.7%, despite record consumption. Softer demand and ample supply led to lower electricity prices in the short-term market. Renewable energy generation continued its upward trend, while coal remained dominant in power generation.
