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No relief for electricity generators as demand plummets in March

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The country's energy consumption has declined 21-22% after the covid-19 lockdown was implemented While electricity consumers and distributors get a three-month relaxation in tariffs and payments to cope with the virus crisis, generating companies are left in the lurch, as the lockdown crimps demand and threatens revenues.

After four months of decline, power demand rose in January and February, only to fall off a cliff in March. Energy consumption has declined 21-22% after the covid-19 lockdown was implemented.

Commercial and industrial demand (C&I) and passenger railways, which account for close to 40% of all power consumption, have ground to a halt, hurting discoms since these segments cross-subsidize lower residential tariffs. “Power

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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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