New Delhi, Dec 4 (UNI) Electricity demand declined 0.3 percent year-on-year in November, marking the second consecutive month of degrowth, says a report released by credit rating agency, CRISIL on Thursday.

Lower temperatures cooled power demand by an estimated 0.3 percent to 123 billion units (BUs) in November compared with 124 BUs a year ago. This comes after a nearly 6 percent on-month degrowth in October, the report notes.

Among others, Madhya Pradesh logged an 11 percent decline in demand due to severe cold wave conditions, while Rajasthan saw demand dip by 7 percent due to cold weather, the report says.

Degrowth in electricity consumption refers to the planned reduction of energy use and resource depletion to balance the economy with the environment, improve well-being and reduce

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