India's JSW Energy posts higher Q3 profit on demand boost, lower fuel costs

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BENGALURU (Reuters) Indias JSW Energy reported a jump in third-quarter profit on Tuesday, helped by greater power demand and lower fuel costs...

Indias electricity generation rose 8.7% year-on-year in the December quarter, which analysts attributed to festive activities and strong industrial demand...

The countrys average peak demand during the quarter increased 13.8% year-on-year to 218 gigawatts (GW), analysts said.. This, combined with growing industrial output, helped JSW Energy report a consolidated net profit of 2.31 billion rupees ($27.8 million), up 28% from last year...

Indias industrial output grew at its fastest pace in 16 months in October, while electricity generation rose 20.4%, data from the Ministry of Statistics showed...

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