NEW DELHI: With the second wave of the coronavirus pandemic keeping a large part of India’s population indoors, the country’s electricity demand dipped in May, according to S&P Global Platts.
India’s low power demand scenario may continue till July. This assumes importance given that energy consumption, especially electricity and refinery products, usually linked to overall demand in the economy.
Also, there were not many takers for coal-fuelled electricity.
“Coal averaged 140 GW in April but declined sharply to only 114 GW for May. The month-on-month decline of 26 GW is the largest on record, even larger than what we observed during the initial stages of the pandemic in 2020.
