Insight
APAC Energy Buzz: ‘Life also, world also’ – India extends lockdown
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Report summary
India’s Prime Minister has today extended the nationwide lockdown until 3 May. But this isn’t a blanket extension of the existing lockdown, with the policy evolving to include ‘graded relaxations’ to allow some economic activity to resume. This is a critical judgement call. Striking a balance between containing the spread of coronavirus and attempting to revive India’s economy will be extremely challenging. Multiple risks remain.
Table of contents
- Immediate impact on energy demand
- What’s next?
- Demand outlook deteriorates, despite modest lockdown relaxation
- Looking beyond 3 May – can lockdown really be lifted?
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