MONTHLY SECTOR UPDATE: Power Industry – Issue: July 2020

Jul-2020

When it comes to the consumption pattern by consumers of different categories, in 2018-19, 41% of total electricity consumption was for industrial purposes, while 25% and 18% was for domestic and agricultural purposes, respectiv ely. As the lockdown rigorously reduced the industrial and commercial activities in the country, these segments witnessed a considerable decline in demand for electricity. Electricity consumption and economic activity are closely related since most economic activity needs electricity. According to the World Bank…