New Delhi, June 14 -- A recent HSBC report highlights a significant shift in India's energy landscape, driven by a dip in power demand and a steady increase in renewable capacity.

The share of renewable energy in total power generation rose to 17 percent in May 2025 and further to 19 percent in the first 10 days of June, up from 13 percent and 14 percent during the same periods last year, respectively.

The report attributes the decline in power demand to a high base and excessive rainfall.

In May, overall power demand and peak demand fell by 4 percent and 7 percent, respectively.

During the first 10 days of June, both metrics declined by 1 percent. May witnessed significantly above-average rainfall, which contributed to the lower cons...