Electricity demand shrank nearly a quarter in April 2020 as commercial and industrial activity switched off majorly following the nationwide lockdown due to the coronavirus pandemic.
For states with higher number of manufacturing units such as Uttarakhand, Gujarat, Haryana, and Tamil Nadu, demand dimmed by a significant 30-50 per cent.
In a Crisil note “Volt-face in the corridors of power,” it highlighted these issues relating to the current power sector scenario in the country.
Put another way, Crisil stated that it is like experiencing a total blackout every alternate or third day!
However, the upshot, according to it, is that the “Power demand growth, which was already feeble last fiscal, could trip to de-growth this fiscal.”
