Winter power demand nears record levels

INDIA'S ELECTRICITY DEMAND spiked in December to a seasonal record as residents switched on heaters to cope with a chilly winter sweeping through most parts of the nation.

- BLOOMBERG

Peak demand in the month rose 7.5% year-on-year to 241 gigawatts (GW), according to data from the Central Electricity Authority. December’s load came strikingly close to the highs seen in the summer months, typically the period of strongest power consumption when air-conditioner use surges to handle the extreme heat. The last time winter power demand surp