Impacted by the Covid-19 pandemic, India Inc. has witnessed a sharp slump in demand and may be heading towards a decadal low economic growth. CRISIL's base-case GDP growth estimate is at 1.8% for fiscal 2021 with risks tilted towards the downside scenario of zero GDP growth.
The lockdown situation and the expected weaker economic activity has led to muted demand for power in the near term. Despite the 90-day moratorium on loan repayments announced by the Reserve Bank of India which provides a liquidity breather, weak demand could have far reaching implications for the entire power sector.
Given this ambience, CRISIL is conducting a webinar on the power sector, where its experts will delve into:
Trend in electricity demand this fiscal
Near-term vulnerability of discoms
Credit outlook of discoms
Expectations on plant load factor
Coal availability risks, and
Capacities at risk in the near to medium term for private thermal generation companies
The presentation will be followed by a panel discussion by industry leaders, and a Q&A session.