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CARE Ratings Research Report
Electricity consumption and generation witnessed a notable improvement in March 2021.
Both conventional as well as renewable energy witnessed a monthly as well as an annual increase in generation in March-21.
This along with firming up of prices in the short-term electricity market during the month was indicative of the strengthening of electricity demand and hinted towards the tentative economic recovery.
Electricity generation in FY21 was marginally lower than that in FY20 with lower output from conventional sources.
Consumption too was slightly lower than year ago owing to the lower demand in the first five months of FY21.
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