The power sector has recovered from the lockdown with demand returning to about 90 per cent of its usual peak levels. The last two months have seen a sharp uptake, in contrast with April when a fourth of the usual demand vanished. Residential demand is intact and industrial demand has recovered at a rapid rate.
Commercial demand, a major contributor to state distribution companies’ finances, however, continues to be low. In June, India’s energy requirement was at 105.61 billion units, compared to 118.57 billion units in the same month a year ago. That is a fall of ...
TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST Rs
Key stories on business-standard.com are available to premium subscribers only.