India's electricity demand predicted to surge by 8%: IEA report
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India's electricity demand is projected to increase by a significant 8% this year, as per a recent report by the International Energy Agency (IEA). This surge is attributed to strong economic growth, severe heat waves, and the rising adoption of electrically-powered technologies such as Electric Vehicles (EVs) and heat pumps. The report also highlights that global electricity demand is escalating at its fastest pace in years.