India's electricity consumption growth hits 6-year low in 2019

The figure declined for five months straight due to a slowdown in industrial consumption.

According to the Central Electricity Authority of India, electricity consumption increased by only 1.1% in 2019, its slowest annual pace since 2013. In December 2019, electricity consumption declined for the fifth month in a row, reaching 100.8 TWh (-0.5% compared with December 2018), despite a rise in consumption in the industrialised states of Maharashtra and Gujarat. Electricity consumption had fallen by 13% in October 2019 (compared to October 2018), its steepest drop in 12 years, reflecting a slowdown in industrial consumption. In October 2019, the IMF lowered its growth forecast for India by 0.9 point to 6.1% in 2019.

This article was originally published by Enerdata.