Summary
The all India electricity demand is witnessing a gradual recovery and stood at 98 percent of the pre-COVID level in August 2020, finds ICRA
The all India electricity demand is witnessing a gradual recovery and stood at over 96 percent of the pre-Covid level in July 2020 and further improved to close to 98 percent of the pre-Covid level in August 2020, mainly led by a recovery in rural areas.
As per an ICRA note, the electricity demand recovery on all India level has largely been led by Northern and Eastern states with a year-on-year (Y-o-Y) increase of 6 percent – 13 percent in demand in July 2020. This was mainly driven by rural con......