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Petrol, diesel sales rise in July, power demand subdued

Business new tamfitronics

TNN / Updated: Aug 2, 2024, 06:27 IST

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business new tamfitronics Petrol, diesel sales rise in July, power demand subdued

Monsoon

showers failed to cool

India’s

appetite for

petrol

and

diesel

but subdued power consumption in July, govt data showed on Thursday.
Diesel

sales

growth turned positive, registering a growth of 3.4% from the year-ago period, reversing the trend for last several months, while petrol demand saw a spike of 9.5% annually. Power consumption rose by a meagre 3.5% to 145.4 BUs (billion units) during the month from 140.4 BUs a year ago as widespread rains brought down temperatures.

This is in contrast to 8-9% growth seen in last few months.

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