Power demand to surpass pre-Covid levels in Q4

NEW DELHI: Despite partial lockdowns in a few regions due to a resurgence in Covid-19 case counts, analysts expect that India’s power consumption—a key indicator of overall economic activity—will be above pre- Covid levels in the last quarter of this financial year (Q4FY21). While power consumption had slowed a little during February to see a marginal y-o-y growth compared to the previous two months, it has shot up again during the first few weeks of March, industry data showed.