Restrictions following the second wave of the COVID-19 pandemic could impact recovery in the growth in energy demand, according toIndia Ratings and Research (Ind-Ra).
The agency highlighted trends in the power sector, with a focus on capacity addition, generation, transmission, merchant power, deficit, regulatory changes and the recent rating actions by the ratings agency.
Ind-Ra said lockdowns on account of an increase in COVID-19 cases in various States could impact energy demand growth recovery in April-June 2022.
China has suspended an economic dialogue with Australia, increasing a pressure campaign that began over Australian support for a probe of the coronavirus origin.
Relations have plunged to a multi-decade low since Beijing blocked imports of Australian coal, wheat and other goods over the past year.
China's relations with Australia, India and some other neighbors are increasingly strained by the ruling Communist Party's assertiveness abroad, including claims to disputed territory and accusations Beijing tries to influence politics in Australia and other Western democracies.