India will be looking at a demand drop in electricity between 7-17 percent by 2025: TERI
NEW DELHI: Demand for electricity in India will be lower by 7 to 17% due to covid-19 by 2025, a new report by TERI has found. All 10 of India’s largest power-consuming states will see a demand drop between 5 to 15%, it said.
However, Union Power Minister RK Singh said that he wasn’t worried about the impact of the lockdown, and that he expected demand to pick up. “Despite the lockdown, we have rebounded and will continue to do so. I don’t see electricity demand suffering in the long term. It will grow at a slower pace, but it will be back,” he said, talking at the launch of the report.
