Focus is on bringing increased capacity into the sector particularly renewables: Somesh Kumar, Partner & Leader- Power, EY

In an interview with ET Now, Somesh Kumar, Partner & Leader – Power, EY, talks about looking at renewables, power sector reforms, focus on distribution, and growth with ESG compliance.

What could be the India connect, given that we have seen a weak(ish) monsoon, the reopening of industries, coming off from pandemic woes and you are seeing an escalated power demand?

We saw the pandemic period where demand had really gone down significantly. The economy was not looking good and everybody was talking about what is going to happen next. From that we have come to a situation where we see the demand going back to normal.