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India's electricity generation falls at slower rate in July

India’s electricity generation declined at a slower pace in July compared with June, provisional government data showed, driven by a recovery in consumption in populous northern and central states.July power generation fell 1.8 per cent, a Reuters analysis of daily load despatch data from federal grid operator POSOCO showed, compared with a 9.9 per cent decline in June.In the second half of July, electricity generation declined 3.1 per cent, compared with a 0.6 per cent 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.The improvement in power demand in July was largely led by higher consumption by populous northern, eas.....

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