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Power Demand Slides for Three Straight Months: Reasons, Impact and Future Implications

“Given the sharp fall in the core sector, there will automatically be a reflection in the overall electricity consumption”

“Going by the current trends, demand growth is likely to remain below 3 per cent for FY2020”

“Power demand will grow, but maybe at a lower rate than historically forecast, until something changes”

Views of Rahul Tongia, Anish De and Sabyasachi Majumdar
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Modest Headway: Consultants’ opinion

During the past year, the power sector witnessed significant challenges, particularly structural issues on the distribution side, modest private sector PLFs, and waning investor interest in renewables. Going forward, with the new government’s thrust on […]

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Driving Change

In a recent move, the Goods and Services Tax [GST] Council has reduced the tax rates on electric vehicles (EVs) and chargers effective August 1, 2019. The tax rate on EVs has been reduced from 12 per cent to […]