India's electricity output signals recovery in June, shows govt data

India’s electricity generation recovered slightly in June, provisional government data showed, driven by increased power consumption in industrial western states.
 

June power generation fell 9.9%, a Reuters analysis of daily load despatch data from federal grid operator POSOCO showed, compared with a 14.3% decline in May.
 

In the second half of June, electricity generation declined 5.3%, compared with a 14.5% slide during the first fifteen days of the month.
 

Prime Minister Narendra Modi has been citing electricity consumption to show there are “greenshoots” in the Indian economy.

India’s unemployment rate more than halved in June compared with May, data from