Power demand growth is expected to be lower in the near term due to milder weather and a high base from last year. However, medium to long-term demand is projected to grow at 6-7%. Coal availability is strong, and the government is ensuring adequate power supply, but evening peak demand remains a challenge.
Oil Price Today (July 30): Crude oil dips below $90 after 8% surge on Wednesday. Here’s why
Brent crude futures were down $1.29, or 1.42%, at $89.45 a barrel. U.S. West Texas Intermediate (WTI) crude slipped 56 cents, or 0.66%, to $83.90