The downward spiral in India’s power demand continues with peak demand falling 19 per cent during the first two weeks of May, despite the easing of lockdown restrictions post May 3.
The fall, captured in official data released by Power System Operation Corporation (POSOCO), is attributed to the slump in the economic activity in the wake of the ongoing lockdown due to the coronavirus outbreak.
Power demand in India has been falling since March in the wake of the ongoing nationwide lockdown to contain the spread of the Coronavirus pandemic. The government of India had extended the lockdown from May 3 for two more weeks, permitting considerable relaxations for industrial and construction activities to resume in the districts falling in the green and orange zones mapped in the country.
However despite the easing of lockdown restrictions for resumption of industrial activities, the fall in peak demand — the highest energy supply during the day — in the first two weeks of May, hovered between 15 per cent to 23 per cent.