Pan-India electricity demand to contract by 5-6.0% in FY21 due to local lockdowns: ICRA

In April, ICRA estimated 1% de-growth in power demand in the current financial year. The revised energy demand de-growth estimate assumes demand decline of 3.5 – 4.0% in Q2 and Q3 FY2021 and a marginal recovery of about 1% in Q4 FY2021, given the slower pace of recovery expected in industrial and commercial activity in the country, an official statement said.

from Energy-Industry-Economic Times https://ift.tt/2WBhvLl