India’s power demand is expected to grow 6.5–7.5% year-on-year in Q1 FY25, slower than the 11% growth seen in the same period last year, according to Crisil Intelligence. Driven by rising summer temperatures and industrial activity, overall power demand rose 4.3% in FY25 to 1.7 trillion units. Coal despatches to power plants also increased, boosting inventory levels.
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