India's Electricity Consumption Grows at Slowest Rate in Six Years Due to Cooler Weather
India's electricity consumption grew at the slowest rate in six years during the fiscal year through March 2026, driven by milder weather and reduced air conditioning use. The growth rate was just 1%, the worst since 2021, and marked the first annual decline in peak power demand in two decades. Cooler temperatures also led to reduced coal purchases and increased stockpiles at mines.
Topics: coal stockpiles electricity consumption power demand renewable energy weather impact