Electricity Production Declines
Electricity production in India fell 1.95% in April 2025, a rare sequential decline of 1.9% from March, the first since COVID years.
A high base from April 2024’s 10% rise partly explains the drop.
Excess pre-monsoon rains in Central and South India, per IMD, cooled temperatures, curbing seasonal demand.
Adani Power cited cold weather in Q4 FY25 for lower spot market tariffs.
Thermal plant utilization dropped to 72.46% from 76.5%, while nuclear and hydro generation grew.
Coal stocks at thermal plants rose 18% by April 30, 2025, with critical shortages at only 21 plants, down from 26.
Subdued demand since January reflects broader weather impacts, challenging power utilities’ expectations for a summer surge.
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