Recovery in energy demand to continue despite Covid-led blip: Ind-Ra

India Ratings and Research (Ind-Ra) on Friday said the recovery in energy demand will continue despite COVID-19 led temporary blip.

India Ratings and Research (Ind-Ra) has published the May 2021 edition of its credit news digest on India’s power sector.

The report highlights the trends in the power sector, with a focus on capacity addition, generation, transmission, merchant power, deficit, regulatory changes and the recent rating actions by Ind-Ra.

Ind-Ra estimates, as per a statement, the all-India energy demand would decline in May 2021 on a month-on-month basis, despite the peak summer season, and to remain below pre-pandemic levels.