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Power demand dips, discoms’ revenue hit

Source Name: 
ET Energy World
Source Url: 
https://energy.economictimes.indiatimes.com/news/power/power-demand-dips-discoms-revenue-hit/74839068

The demand for power in the country has taken a sharp dip of 20 per cent following a nationwide lockdown. In a letter sent to the PMO on Thursday, the All India Power Engineers’ Federation (AIPEF) said that demand had crashed following a complete shutdown of industrial and commercial units and railways and would affect state power utilities/distribution companies as their major source of income was blocked. According to the federation, power demand nationally has plunged from 1,54,045 MW daily to 1,21,937 MW. Likewise, supply has crashed from 3,565 million units (MU) per day to 2,975 MU. AIPEF chairman Shailendra Dubey said consumers, too, cannot make payments to discoms as door-to-door billing had been suspended and online payments were also hit. “There will not be any fund flow left to meet the monthly salary of power sector employees in the coming days,” the federation said in a statement.

Author: Sustainability Outlook Desk