Electricity demand growth estimated at 6% for FY22

ICRA NSE 1.47 % Ratings has estimated the all India electricity demand growth at 6% for FY2022, considering the favourable base effect, relatively lesser impact of the second wave on electricity demand and the pick-up in the vaccination programme, an official statement said.

However, any resurgence in infections leading to lockdown restrictions would remain a key downside risk for the demand, it said.