Power demand recovers 11% to 124.8 billion units in July: Ind-Ra

All India energy demand recovered by 11 per cent to 124.8 billion units in July 2021, on account of stabilising economic activities and decline in COVID-19 cases, according to India Ratings.

In July 2020, India’s demand for power was 112.4 billion units (BU), the rating agency said in its August 2021 edition of ‘credit news digest on India’s power sector.

The demand in the first 20 days of August 2021 also shot up by 17.52 per cent to reach 84.5 BU from 71.9 BU in the year-ago period.

“The recovery was owing to stabilising economic activities, led by the decline in the number of COVID-19 cases throughout the country,” it said.