ECONOMIC IMPACT OF COVID -19 PANDEMIC IN INDIAN AND ELECTRICITY CONSUMPTION OF TAMIL NADU

Abstract

This article explains the use of electricity for economic performance in India among other states. In March 2020, the Indian government issued the first lockdown to deal with the rising cases of COVID-19, and energy consumption in India dropped drastically. However, as the lockdown was eased, energy consumption in India and other states began to recover. In this study, we examine the impact of the COVID-19 crisis on Indian energy consumption during the COVID-19 crisis, examining whether changes to the lockdown had a positive impact on energy resources and electricity consumption and whether prosperous regions have recovered their energy consumption quickly enough. Using Autoregressive Distributed Regression (ARDL) model, the study shows that there is a long-run relationship between corona cases and energy consumption and that COVID-19 cases have a positive impact on Indian energy consumption. Due to the COVID-19 lockdown between March 2019 and 2020, electricity consumption declined by 9% per cent across the country, while it fell by 14% per cent in Tamil Nadu. that the decline in electricity usage for the entire lockdown period after May 3 may exceed 11,000 million units of electricity consumption. Tamil Nadu's average power consumption was 10,000 million units per month before the lockdown was announced across states and districts in Tamil Nadu. According to the data released by the Central Electricity Authority, the country's total electricity consumption was 1,08,355 million units in March 2019, but it came down to 98,404 million units in March this year.