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A new report by TERI, India's Tata energy research institute, found that India's electricity demand will be reduced by 7% to 17%
by 2025 due to COVID-19.
Among them, the demand of India's ten power-consuming states will fall by 5% to 15%.
However, Electricity Minister RK Singh said he was not worried about the impact of the lockdown and he expected demand to pick up
.
"Despite the impact of the lockdown, we have seen a rebound
in demand.
In the long term, I don't think electricity demand will be affected, growth will slow down, but it will pick up
.
”
Still, the report also recommends policymakers, developers, distribution companies and investors if demand growth continues to decline
.
Be prepared for
the future.
"Especially in the medium term when commercial and industrial demand continues to weaken, the financial position of power distribution companies and the sustainability of existing cross-subsidies may even be more pressing issues
.
"
A new report by TERI, India's Tata energy research institute, found that India's electricity demand will be reduced by 7% to 17%
by 2025 due to COVID-19.
Among them, the demand of India's ten power-consuming states will fall by 5% to 15%.
However, Electricity Minister RK Singh said he was not worried about the impact of the lockdown and he expected demand to pick up
.
"Despite the impact of the lockdown, we have seen a rebound
in demand.
In the long term, I don't think electricity demand will be affected, growth will slow down, but it will pick up
.
”
Still, the report also recommends policymakers, developers, distribution companies and investors if demand growth continues to decline
.
Be prepared for
the future.
"Especially in the medium term when commercial and industrial demand continues to weaken, the financial position of power distribution companies and the sustainability of existing cross-subsidies may even be more pressing issues
.
"
