India recorded power consumption of nearly 132 billion units in October, marking a six percent decline driven by unseasonal rainfall patterns and cooler climate driven load compression. Market researchers indicated that this non linear demand dip does not structurally derail longer term electricity demand trajectory which remains linked to urbanization, digitalization and manufacturing capex cycles. Policy experts mentioned that the consumption deviation is primarily meteorologically driven and temporary, though grid utilization and load factor optimization measures will be tracked carefully heading into the winter months given dynamic climate variability risks on infrastructure.