Power Demand Forecast

India's power consumption rises 7% to 148.48 bn units in March 2025

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's power demand may rise 9-10% in 2025 as summers arrive: Experts

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

Delhi's power demand likely to peak at 9K MW this summer: Discom officials

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.

Hot summer likely to boost power demand and lift power utility stocks

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 ready to meet 270 GW peak power demand this summer: CEA chief

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

Delhi's power demand in December touches new heights at 5,213 MW

The plummeting temperature in Delhi has raised power demand to newer heights with December clocking a peak of 5,213 MW, the highest ever for the month, discom officials said. For the first time in Delhi's history, the peak power demand in December has crossed the 5,000 MW-mark, they said. As per the State Load Dispatch Centre (SLDC), power demand stood at 5,213 MW at 10:50 am on Tuesday, after touching 5,046 MW on Monday. Delhi's peak power demand in December was 4,884 MW in 2023, and 4,964 MW in 2022, discom officials said. The winter months in Delhi are expected to follow the record-breaking summer trend in peak power demand, which touched an unprecedented high of 8,656 MW this year. As per officials, the peak power demand in the capital this winter is expected to cross 6,300 MW. A BSES spokesperson said that green energy will meet up to 53 per cent of the over 3,900 MW peak power demand in areas under BSES Rajdhani Power Limited (BRPL) and BSES Yamuna Power Limited (BYPL). Ad

India to boost power generation, transmission infra to attain power for all

India will set up more coal-fired and hydro-power plants and ramp up transmission infrastructure to achieve round-the-clock Power for All' in 2025, besides meeting rising demand fueled by economic expansion. To meet the growing energy demand, the government has devised a major plan for power generation capacity addition and the expansion of transmission infrastructure. According to Minister of State for Power Shripad Yesso Naik, India can definitely achieve 24x7' power for all with all the efforts in the ministry under the leadership of Prime Minister Narendra Modi. We can do it. In 2025, we will be almost there to have 24X7 power for all in the country," Naik told PTI. He also said that the government is ready to support the expansion plan of the power sector in view of rising demand. According to government estimates, peak power demand is expected to touch 270 GW in the summer season in 2025, up from the record high of 250 GW in May 2024 and 243 GW in September 2023. The peak po

India's power consumption rises 5% to 125.44 billion units in Nov

India's power consumption rose 5.14 per cent to 125.44 billion units (BU) in November as compared to the year-ago month. In November 2023, power consumption was 119.30 GW, as per the government data. The highest supply in a day (peak power demand met) also rose marginally to 207.42 GW in November 2024 from 204.56 GW in the year-ago period. The peak power demand touched an all-time high of about 250 GW in May this year. The previous all-time high peak power demand of 243.27 GW was recorded in September 2023. Earlier this year, the power ministry projected a peak power demand of 235 GW during the day and 225 GW during evening hours for May while 240 GW during daytime and 235 GW in the evening hours for June. The ministry had also estimated that peak power demand may hit 260 GW this summer. Noting that November 2024 was the warmest in last four to five years as per official data, the experts opined that power demand as well as consumption showed subdued growth mainly due to slow on

Rs 4 trillion transmission infra required to meet 2027 power demand: CEA

The report also provided broad estimates of the power demand and transmission requirements between 2027 and 2032, with a larger role being played by RE-rich regions

Peak power demand declines in Sept; renewable energy generation increases

While coal and gas-based power generation experienced reductions of 5% and 15%, respectively, hydro, nuclear, and renewable energy sources saw a rise

Peak power demand to grow by 15GW per year for next 6 years, says govt

Power demand in the country will grow at a higher rate of 15GW per annum for next six years compared to 11GW per annum in last one decade, a senior government official said on Friday. By 2030, about 85 GW of additional demand will be added during the solar hours and during the non solar hours more than 90 GW will be added to the peak demand, said Additional Secretary Power Srikant Nagulapalli at an Industry Conclave organised by IEEMA. "... The CAGR may not reflect these numbers truly, but if you see the absolute numbers it's a big jump and to meet this growth, substantial expansion of our coal capacity and along with solar, wind, storage and also transmission capacity is being undertaken," Nagulapalli added. Nagulapalli noted that "India's peak demand grew at an average of 11GW for the last 10 years and going forward for the next 6 years, we expect that the demand is going to grow at an average of 15 GW per year." He further stated that approx 40 GW will be through storage. "By 20

Adani Power emerges top bidder for stressed KSK Mahanadi proj at Rs 27K-cr

KSK Mahanadi is currently undergoing insolvency proceedings at the National Company Law Tribunal (NCLT). Coal India, NTPC, Vedanta, JSW Energy were among the other bidders

Despite new coal plants, India will face more power cuts by 2027: Research

India's power crisis: To avert a looming power shortage, India must accelerate efforts to boost renewable energy capacity, warns new research

India's power demand surge may require national electricity plan revision

India faces unprecedented surge in power demand with its peak expected to reach 260 GW by September or October this year

India's power demand may cross 400 GW mark by 2031-32: Power Secretary

India's peak power demand may surpass the projected 384 GW mark and cross even a new level of 400 gigawatt (GW) by 2031-32, Power Secretary Pankaj Agarwal said on Tuesday. Speaking at the CII-Smart Metering Conference, he said that peak power demand had already reached the 250 GW mark in May. "The way power demand has grown in some states in the last two years, the demand will touch 384 GW and may easily cross 400 GW by 2031-32. For this we must have an installed (power generation) capacity of 900 GW," Agarwal said. The government projection for this year's peak power demand was 260 GW. Later speaking to reporters, the secretary said the anticipated 260 GW peak demand is expected to reach by September. At the onset of the monsoon, the peak power demand has been showing a downward trend over the last few days. As per official data, the peak power demand was at 209 GW on Monday.

State-run Coal India's production rises by 8% to 189 MT in first quarter

State-owned CIL's coal production rose 8 per cent to 189.3 million tonne (MT) in the first quarter of the ongoing financial year. The company's coal output was 175.5 MT in April-June period of the previous fiscal. "Moving past the target of 189.2 MT, CIL achieved 100 per cent satisfaction in Q1 of the current fiscal year," Coal India Ltd (CIL) said in a statement. While all the seven producing subsidiaries of the coal behemoth achieved positive growth, five of them breached their respective targets. The company's production in June increased by 9 per cent to 63 MT, over 58 MT produced in June FY24. On the back of a strong production growth and increased coal loading, CIL's total supplies rose to 198.4 MT during April-June FY25 with 6 per cent year-on-year growth. The increase of 11.4 MT in absolute numbers came over a high base of 187 MT. At a time when power demand in the country is spiking, CIL's supply to coal-fired plants grew 4 per cent to 160 MT during the first quarter of

ICICI Prudential MF launches energy fund with eye on demand growth

Expects growing power demand, government's renewable push to generate value for investors

Delhi's peak power demand grew 3.8x on hot & humid days in a year: Report

Delhi recorded a sizable jump in temperature-related electricity demand in the last 12 months, with peak demand rising by an average of 711 megawatts (MW) on the hottest and most humid days, according to a new analysis published on Friday. The report by the independent think tank Institute for Energy Economics and Financial Analysis (IEEFA) said Delhi's peak power demand rose by an average of 506 MW on cold and dry days but only by 188 MW on days when the temperature and humidity were moderate. The analysis used wet-bulb temperature (WBT) as a yardstick. The wet-bulb temperature (WBT) is the lowest temperature to which a person or object can be cooled solely by the evaporation of water. "On moderate days (17.5 degrees Celsius WBT), Delhi's peak demand grew by a modest 188 megawatts (MW), but on the hottest and most humid days (using 32.5 degrees Celsius WBT as a criterion), the annual increase was 3.8 times higher at 711 MW," the report said. At the other end of the temperature sca

China, India moderate imports of thermal coal, North Asian buyers strong

India has ramped up electricity generation in recent months as a strong economy and an ongoing heatwave boost demand for power

Thermal power plant load factor to remain healthy at 70% in FY25: ICRA

Thermal plant load factor or capacity utilisation is expected to remain healthy at 70 per cent in FY2025 on power demand growth of 6 per cent, ICRA said on Thursday. ICRA's outlook for the thermal power segment is "Stable", following the improvement in the thermal plant load factor (PLF) and healthy demand growth, thereby improving visibility on signing of new power purchase agreements (PPAs), an ICRA statement said. Also, it stated that the implementation of the Late Payment Surcharge (LPS) scheme enabled an improvement in payment discipline from state distribution utilities (discoms) to power generation companies from August 2022. However, it stated that ICRA's outlook for the power distribution segment remains "Negative" amid limited tariff hikes and continued loss-making operations. According to the statement, ICRA projects the all-India thermal PLF level to rise marginally to 70 per cent in FY2025, from 69 per cent in FY2024, led by the growth in electricity demand and limited