According to State Load Dispatch Centre (SLDC) data, Delhi's peak power demand has been consistently ranging between 4200-4500 MW since February 8, with BSES discoms playing a key role in maintaining a steady and uninterrupted power supply.
Adani Power's consolidated power sale volume during the first three quarters of 2024-25 (April-December) was at 69.5 Billion Units (BU), up by 22 per cent from 57.1 BU, the company's earnings data showed Wednesday.
Showcasing the exuberant potential, the Indian power sector has an investment opportunity of Rs 40 trillion, driven by accelerating demand, upgradation and transition to clean energy over the next decade, according to a report by Motilal Oswal.
This will surpass the growth anticipated for renewable energy sources themselves. The country's energy storage landscape is evolving rapidly, with the proportion of RE projects incorporating storage solutions increasing significantly, from 5 per cent in FY20 to 23 per cent in FY24.
About 70-80 per cent of the increased power demand in India will come from renewable energy, said Sumant Sinha Chairman and CEO of Nasdaq-listed decarbonization solutions company ReNew.
The IMF has raised concerns over Pakistan's declining electricity demand due to rising solar panel installations and surplus imported gas caused by weak economic demand. During talks on Pakistan's USD 7 billion bailout, the IMF highlighted the need for better strategies to manage these chall
Changing weather patterns, which have recently led to supply deficits, could also add to the growing power demand. In FY25 alone, electricity consumption is expected to increase by 7.2 per cent year-on-year, reflecting consistent growth from the previous year's 7.1 per cent.
As the country plans to increase its power capacity, a report by Aequitas Investments highlights that there are concerns about overinvestment, as the sector may be repeating the mistakes of the past.
India's power generation and transmission sectors are poised for substantial growth, as the country enters a phase of capex-driven GDP growth, the power intensity should rise, said Jefferies in its report issued later this week in September.