New Delhi, April 13 -- Indias power demand reached about 149 billion units (BUs) in March 2026, the highest for the month in over a decade, marginally exceeding last years 147 BUs. However, the growth rate remained subdued at 1.7 per cent year-on-year (YoY), according to a report.

The Crisil Intelligence report said the slower growth was mainly due to above-normal rainfall—around 10 per cent higher than usual—which reduced cooling requirements. A high base effect from last years strong growth and moderation in manufacturing activity also contributed to the softer demand.

Peak Demand and Industrial Activity Weaken

Peak power demand during March stood at 238 GW, about 3 per cent lower than the peak recorded earlier in the fi...