Ind-Ra: Covid 2.0 restrictions can hit energy demand growth recovery

11 May 2021 CW Team

Credit rating agency India Ratings and Research (Ind-Ra) told the media that the lockdowns in different manufacturing states due to Covid-19 can affect all-India energy demand growth recovery in the first quarter of FY22 whereas demand is anticipated to be higher due to the lower base impact.

The early outbreak of summer has added to the higher demand of all-India energy as it was higher by 22.8% year-on-year (y-o-y) at 122 billion units.

The increase in energy demand and reduction in energy generation from hydro and renewable sources improved the thermal plant load factor (PLF) by 66.5%. The thermal sector's PLFs increased across the central, state, and private sectors by 80.4% in March.

The lockdown in major manufacturing states due to Covid-19 has affected the demand from industrial division, which in return impacted the thermal PLFs, said Ind-Ra.

Further, the agency added that the electricity production from renewable sources raised by 10.1% and solar generation increased by 21%.

The transmission line addition increased tremendously in the fiscal year 2021 and increased to 16,750 circuit km above and it was higher at 4,381 circuit km in March.

Ind-Ra is one of the India's most reputed credit rating agencies that provides ratings, research and rigorous analytics of the market in India.

Image Source

Also read: Impact of COVID-19 on the market of worldwide room air conditioners industry

Real Estate

05 May 2026

Dubai Real Estate Sales Reach AED48 Billion

Dubai’s real estate market recorded 13,977 sales transactions worth AED48 billion in April 2026, reflecting continued resilience across residential and commercial segments.According to a market update by fäm Properties, sales volume rose 3.5 per cent month-on-month compared to March, while total sales value increased by 10.7 per cent. The commercial sector, including offices and shops, recorded the strongest growth, with 561 transactions valued at AED4 billion, up 33.9 per cent year-on-year and 36.2 per cent month-on-month.Apartment sales rose 6.5 per cent month-on-month to 11,377 transacti..

Casagrand Launches 35-Acre Hyderabad Project

Casagrand has launched Casagrand Vybe, its largest residential project in Hyderabad, spread across 35 acres in Rajendra Nagar. The launch marks the company’s fifth residential rollout in 2026 and strengthens its expansion momentum in the city.As part of its Hyderabad growth strategy, Casagrand is adding 3.98 million sq ft of residential space to its portfolio. Since entering the Hyderabad residential market in 2023, the company has scaled its presence with projects across key micro-markets. In 2025, it launched four projects — Casagrand Evon, Casagrand Windsor Court, Casagrand Belair and C..

Bentley Event Spotlights AI Infrastructure

Bentley Systems recently hosted Illuminate Mumbai 2026, bringing together infrastructure leaders, policymakers, technology experts and academia to discuss how AI-driven engineering and digital twins can accelerate India’s journey towards Viksit Bharat 2047.The event focused on scaling intelligent and connected infrastructure ecosystems beyond digital adoption. Discussions covered the use of infrastructure AI, open data environments and digital twin technologies to improve project delivery, sustainability and long-term asset performance across key sectors.Kamalakannan Thiruvadi, Regional Exec..