India’s power demand expected to rise 8-10% in FY22
India’s power demand is now expected to rise 8-10% during FY22, according to HDFC Securities. This is a downgrade from their earlier estimate of a 12% rise in power demand.
The downward revision of projected demand is largely due to a prolonged winter and disruptions cause by the Omicron wave of COVID in January 2022.
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