Power consumption grows nearly 19 pc in 1st fortnight of May
Taking to PTI, Davinder Sandhu, Advisor Primus Partners said, "Energy is derived demand, and with onset of summer and the productive pre-monsoon cycle of the Indian economy, an uptick is always expected." Sandhu who is also a former Advisor at World Bank said, "Both energy demand and supply have risen by 25-40 per cent over March-May 2021, with thermal PLFs (plant load factor or capacity utilisation) rising to 75 per cent and more, after many quarters. This is aided by the opening of the economy in Q1 (January-March 2021), with rising economic output as well as sharp uptick in exports."
Publication - Business Standard