December data: Power use shrinks for fifth month
Electricity consumption slipped 0.4% y-o-y to 100.2 billion units (BUs) in December — fifth straight month of contraction and mirroring persisting stress in the industrial sector amid an acute economic slowdown. At just 1.1%, growth in power consumption in the first three quarters of FY20 was the lowest at least since FY07.
Among the major industrialised states, annual dip in December power consumption was recorded in Uttar Pradesh (4.6% to 8.1 BU), Tamil Nadu (7.3% to 7.9 BU), Punjab (4.7% to 3.5 BU) and Madhya Pradesh (9.5% to 7.2 BU).
