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Electricity sector to recovery in FY22 after a dismal Covid year: ICRA

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electricity demand is expected to grow at 6%– 7% in FY22, according to a report by credit rating agency ICRA. After the decline of about 2.5% in the current fiscal, the year ahead is expected to benefit from a favourable base effect and likely recovery in demand from the commercial and industrial (C&I) segments.As a result, the all-India capacity utilisation of thermal power plants is likely to improve to 57%- 58% in FY22 from the estimated level of 53% - 54.0% in FY21, the agency said.Also Read | The race to take fashion retail online"Given the subdued thermal PLF, (plant load factor), lack of visibility in signing of new power purchase agreements (PPAs) for for power producers and modest tariffs in the short-term power market, the credit.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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