Power Demand Forecast

India's power demand dipped 0.3% to 123 BUs in November amid lower temperatures, even as peak demand hit a record 216 GW, with RE and hydro generation rising and coal output falling

Within the areas of power discom BSES, winter peaks last year reached 2,431 MW in BRPL and 1,105 MW in BYPL

ICRA expects electricity demand to rebound in the second half of FY26, with renewables and stable economic activity driving growth despite early monsoon effects

The move will allow private companies such as Adani Enterprises, Tata Power, Torrent Power and CESC to strengthen their presence across the country

At first glance, the GDP data would seem overstated. Power consumption, which is metered, correlates closely with economic activity and is likely to be more accurate than GDP calculations

Peak power demand is unlikely to touch the projected 277 GW this summer as intermittent rains have reduced the use of cooling appliances such as air conditioners, a top government official said on Friday. "No, I don't think that it (peak power demand) will go to that level now. If this kind of rain continues, then it will not reach," Ghanshyam Prasad, the Chairperson of Central Electricity Authority (CEA) told PTI on the sidelines of BNEF Summit in the national capital. The regulatory body chief was responding to a question whether the peak power demand would touch the projected level of 277 GW. The CEA formulates short-term and perspective plans for the development of the electricity system, and coordinates the activities of the planning agencies. The government had projected 277 gigawatt (GW) of peak power demand for 2025-26. Various government sources had expected the peak demand to hit the 277 GW level by September. Prasad also said that 277 GW was not a target, but a projecti

Technology giants are exploring nuclear energy as a sustainable solution to fuel the rapidly growing energy needs of AI-driven data centres

As a strategy, they have moved utilities sector to equal weight. Financials, Telecom, small discretionary, remain their overweight sectors.

The thermal power segment is expected to attract Rs 2.3 lakh crore worth of investments over the next three fiscals, on account of renewed focus to help meet India's growing energy demand, Crisil Ratings said on Wednesday. The capital expenditure in thermal power stood at Rs 1.1 lakh crore over the three fiscals through 2025, Crisil Ratings said in a report. "Investments to set up thermal electricity generation capacities will double to Rs 2.3 lakh crore over the three fiscals through 2028, compared with the preceding three fiscals, because of renewed focus on the segment to help meet India's growing demand for energy and base load power requirement," it said. In the preceding three fiscals, private companies accounted for only 7-8 per cent of the investments. On expanded investment levels over the next three fiscals, private companies will contribute nearly a third, with central and state public sector undertakings accounting for the balance. The government has set a target of at

By comparison, the BSE Sensex index has jumped by nearly 8 per cent during the period, while the BSE Power index has underperformed the benchmark, rising by 5.2 per cent.

The move aims to cut peak power consumption, reduce emissions and electricity bills, and promote energy efficiency amid rising cooling demand in a warming climate

The early onset of monsoon rains and frequent showers in parts of the country have kept India's electricity demand in check and coal stockpiles high

India's electricity consumption fell to 148.71 billion units in May 2025 from 155.15 billion units a year ago as unseasonal rains and early monsoon dampened demand

ICRA attributes the growth in demand to greater adoption of electric vehicles and green hydrogen segments, and the expansion of power-hungry data centres

Amid the prevailing hot and humid weather, the national capital's power demand clocked at 7,401 MW on Tuesday afternoon, the highest for the summer season, so far, discom officials said. The State Load Dispatch Centre Delhi's real-time data showed the peak demand was 7,401 MW at 3:11 pm. BSES discoms - BRPL and BYPL "successfully" met the peak power demand of 3,285 MW and 1,559 MW, respectively, on the day, said a company spokesperson. The BSES discoms were prepared to handle the growing power demand in the city, aided by over 2,100 MW of green power during' summer months, he added. "BSES discoms are geared-up to ensure reliable power supply to meet the power demand of more than 50 lakh consumers in South, West, East and Central Delhi, including long term power purchase agreements,banking arrangements with other states and deployment of latest technologies for predicting power demand accurately," the spokesperson said. Tata Power Delhi Distribution Limited said in a statement that

India's power consumption rose by nearly 7 per cent to 148.48 billion units (BU) in March compared to the same month last year due to an increase in mercury levels, according to official data. Power consumption was 138.95 BU in March 2024. The highest supply in a day (peak power demand met) also rose to 235.22 GW last month from 221.68 GW in March 2024. The peak power demand touched an all-time high of about 250 GW in May 2024. The previous all-time high peak power demand of 243.27 GW was recorded in September 2023. The ministry had estimated that peak power demand might hit 260 GW in the summer of 2024. According to government estimates, peak power demand is expected to touch 277 GW in the summers of 2025. Experts opine that power demand and consumption will increase from April onwards, which is expected to be hotter than usual. According to the Meteorological Department, India is expected to experience hotter-than-usual temperatures from April to June, with more heatwave days

India should prepare for a nine to 10 per cent growth in peak electricity demand this summer with the country expected to experience more heatwaves, experts have warned. Last year, the all-India peak electricity demand crossed 250 gigawatts (GW) on May 30, which was 6.3 per cent higher than projections. Climate change-induced heat stress is one of the key factors driving electricity demand. Currently, industries, households and agriculture account for 33 per cent, 28 per cent and 19 per cent of India's total electricity consumption, respectively. Household electricity demand has grown the fastest over the past decade, according to Disha Agarwal, Senior Programme Lead Renewables at the Delhi-based think tank Council on Energy, Environment and Water. The share of household electricity consumption increased from 22 per cent in 2012-13 to 25 per cent in 2022-23. Much of this rise can be attributed to economic growth and the increasing need for cooling due to rising temperatures, expert

Higher requirement during the upcoming summer months is likely to push Delhi's peak power demand to 9,000 MW, discom officials said on Tuesday. The city recorded an all-time high peak power demand of 8,656 MW in 2024, they said. A BSES official said several initiatives, including network strengthening and thermo-scanning to identify potential hotspots, among others, were being taken to meet the rise in demand. "More than 2,100 MW of green power will play an important role in ensuring adequate supply during the summer months," he added. Last year, Delhi's peak power demand crossed 8,000 MW for the first time, the discom officials said. It had breached the 7,000 MW-mark for the first time -- peaking at 7,016 MW -- in 2018. Since then, demand rise has registered a consistent growth, they said. The expected peak power demand of 9,000 MW this year is an increase of more than 300 percent over the peak power demand of 2,879 MW in 2002, they added.

The regulated tariff model of NTPC provides clear visibility on revenues, and there could be RoE (return on equity) increases given expansion in both thermal and RE

India is ready to meet the expected peak power demand of 270 GW this summer taking steps like mandating 17GW imported coal plants to run at full capacity till April and asking hydro projects to conserve water to meet sudden surge, a senior official said on Tuesday. Besides, the country will have 10GW to 12GW power from gas-based plants and there will be a tie-up of another 1.8GW from such capacities. Talking to PTI on the sidelines of 'Lineman Diwas', Chairman of Central Electricity Authority (CEA) Ghanshyam Prasad said,"We are expecting a peak demand of 270 Gigawatt in the summer. All the preparations are in place to meet that demand." He said that new capacity of about 32GW has been added through renewables. "The government will utilise all its capacity for addressing the demand. There is special focus on removing all shortages, particularly in April, May, June and in September-October. These months are crucial with respect to the power demand," he stressed. Power plants on impo