India's Power Demand Growth Slowed to Six-Year Low in FY 2025-26

A milder 2025 summer and heavy rainfalls in the monsoon season later dragged down the growth in India's electricity consumption in the fiscal year ended March 2026 to the lowest level in six years. The electricity supplied by India's state power retailers between April 2025 and March 2026 increased by less than 1% compared to the previous fiscal year, according to data from the country's Central Electricity Authority cited by Bloomberg. The growth was India's slowest since the 2020-2021 fiscal year when the Covid pandemic and related restrictions…