RENEWABLE ENERGY

Power Sector Outlook 2021:ADefining Year for India’s Clean Energy Future

The power sector outlook for the year 2021 looks bright despite the COVID-19 disruptions. The sector is currently on the path to recovery with a steady improvement in power demand and recovery in economic activities. The year 2020 witnessed a slew of powerful measures such as the announcement of privatization of DISCOMs in the Union Territories, the special liquidity infusion of INR 90,000 crores into the distribution utilities, and the increased focus on consumer rights that set the stage for greater structural reforms in the power. This trend is expected to continue in 2021.

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business world
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