WebinarsNew
Deep DiveNew
Explore Business Standard
Rating agency ICRA on Thursday said power demand will rise by 5.0-5.5 per cent in 2026-27 as against a tepid one per cent growth in 2025-26, supported by continued momentum in industrial and commercial activity. The country's power demand growth in 2026-27 is likely to be supported by agricultural and household sectors given the expectation of sub-par rainfall amidst a potential El Nino, along with demand from industries as well as from emerging sources like electric vehicles and data centres, ICRA said in a statement. The all-India thermal plant load factor (PLF or capacity utilisation) level fell to 65-66 per cent in 2025-26 amid demand moderation and is likely to remain around 65 per cent in 2026-27, given the healthy growth in generation expected from the renewable sources and 6-GW capacity addition likely in the thermal segment. Ankit Jain, Vice President & Co-Group Head - Corporate Ratings, ICRA, said in the statement that the thermal power sector in India is witnessing a ...
Over 24,000 megawatt of coal and lignite-based power generation capacity is at various stages of planning in the country, Parliament was informed on Monday. A total of 39,545 MW of thermal capacity (including 4,845 MW of stressed thermal power projects) is currently under various stages of construction, Union Minister Shripad Naik said in a written reply to Rajya Sabha. While contracts of 22,920 MW have been awarded and is due for construction, another 24,020 MW of coal and lignite-based candidate capacity has been identified, which is at various stages of planning in the country, the Minister of State said. He said the projected thermal (coal and lignite) capacity requirement by the year 2034-35 is estimated at approximately 3,07,000 MW as against the 2,11,855 MW installed capacity as on March 31, 2023. To meet this requirement, the Ministry of Power has envisaged to set up an additional minimum 97,000 MW coal- and lignite-based thermal capacity, Naik said. The minister also said