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India's annual electricity demand grows at slowest pace in 6 years

Electricity demand is seen as an important indicator of industrial output and a sustained decline could mean a further slowdown

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electricity

Reuters  |  Chennai 

India's annual electricity demand in 2019 grew at its slowest pace in six years with December marking a fifth straight month of decline, government data showed, amid a broader economic slowdown that led to a drop in sales of everything from cars to cookies and also to factories cutting jobs. Electricity demand is seen as an important indicator of industrial output in the country and a sustained decline could mean a further slowdown in the economy. India's power demand grew at 1.1% in 2019, data from the Central Electricity Authority showed, the slowest pace of ...

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First Published: Tue, January 14 2020. 19:06 IST
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