India's Power Demand Set to Grow 6% a Year Through 2030

Power demand in India is expected to rise by about 6% every year over the next four-five years, with growth supported by renewable energy capacity additions, brokerage Centrum Institutional Research said in a report on the Indian power sector.

“Power demand is expected to grow at 6% pa as we expect renewable capacity additions to continue in the range 45-50 GW per year over next 4-5 years,” Indian media quoted the report as saying.

During April and May, the first two months of the 2026/2027 fiscal year, India installed 6.8 gigawatts…