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The Economic Times

Economy / The Economic Times

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India's power demand to rise by 5 to 5.5 percent in FY27: ICRA

India's power demand is set for a significant rise of 5.0-5.5 percent in 2026-27. This growth will be fueled by industrial, commercial, agricultural, and household sectors. Emerging sources like electric vehicles and data centers will also contribute. Thermal plant utilization will stay steady. Distribution companies face challenges with high debt and muted tariff hikes, impacting their profitability.

7 May 2026 2:25 pm