Power generation in India plunged by 6% in October from a year earlier – the sharpest drop since the Covid lockdowns in 2020 – as lower industrial demand due to holidays and unusually rainy weather dampened consumption, according to a Reuters analysis of government data. Total power generation fell to 142.45 billion kilowatt-hours (kWh), as a rainier-than-usual October lowered demand for cooling and the Diwali festival reduced power demand from industries. “Continued rainfall in most parts of the country compared to last year…
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