Citi Sees India’s Power Demand Rising Five To Six Per Cent
POWER & RENEWABLE ENERGY

Citi Sees India’s Power Demand Rising Five To Six Per Cent

Citi projects India’s power demand will grow five to six per cent annually as the country expands energy infrastructure and industrial activity. The projection reflects rising electricity consumption driven by economic growth, urbanisation and demand from manufacturing, digital infrastructure and transportation. Citi presented the forecast amid ongoing policy and investment efforts to bolster supply across the country.

The bank said the ongoing energy buildout, including renewable energy expansion and grid infrastructure upgrades, is expected to support long-term growth in electricity consumption. Rising use of air conditioning, electric mobility and data centres is contributing to higher demand across regions. Policymakers and utilities are reported to be prioritising generation capacity expansion and transmission strengthening to ensure reliable supply.

India has been increasing renewable capacity while continuing to rely on thermal power to manage baseload requirements, the analysis noted. Investments in battery storage systems, transmission infrastructure and smart grid technologies are gaining momentum as renewable penetration rises. This combination of sources and technologies is central to meeting variable demand patterns.

Industry observers indicated that maintaining reliable supply while integrating large-scale renewables will remain a key sector challenge. Ensuring grid stability and attracting adequate infrastructure investment will be critical as electricity consumption continues to rise. The assessment underlined the need for coordinated planning between regulators, utilities and investors.

The projection highlights the scale of India’s growing energy requirements as the country remains one of the world’s fastest growing major economies. Continued focus on both supply-side capacity and demand-side measures is implied to be necessary to manage the transition. The forecast is likely to shape investment decisions in generation, transmission and storage over the coming years.

Citi projects India’s power demand will grow five to six per cent annually as the country expands energy infrastructure and industrial activity. The projection reflects rising electricity consumption driven by economic growth, urbanisation and demand from manufacturing, digital infrastructure and transportation. Citi presented the forecast amid ongoing policy and investment efforts to bolster supply across the country. The bank said the ongoing energy buildout, including renewable energy expansion and grid infrastructure upgrades, is expected to support long-term growth in electricity consumption. Rising use of air conditioning, electric mobility and data centres is contributing to higher demand across regions. Policymakers and utilities are reported to be prioritising generation capacity expansion and transmission strengthening to ensure reliable supply. India has been increasing renewable capacity while continuing to rely on thermal power to manage baseload requirements, the analysis noted. Investments in battery storage systems, transmission infrastructure and smart grid technologies are gaining momentum as renewable penetration rises. This combination of sources and technologies is central to meeting variable demand patterns. Industry observers indicated that maintaining reliable supply while integrating large-scale renewables will remain a key sector challenge. Ensuring grid stability and attracting adequate infrastructure investment will be critical as electricity consumption continues to rise. The assessment underlined the need for coordinated planning between regulators, utilities and investors. The projection highlights the scale of India’s growing energy requirements as the country remains one of the world’s fastest growing major economies. Continued focus on both supply-side capacity and demand-side measures is implied to be necessary to manage the transition. The forecast is likely to shape investment decisions in generation, transmission and storage over the coming years.

Next Story
Infrastructure Transport

Pathankot–Jogindernagar Rail Service Resumes After Four Years

The Pathankot–Jogindernagar rail service resumed on Tuesday, 9 June 2026, restoring a direct link between Pathankot in Punjab and Jogindernagar in Himachal Pradesh after four years. The service had been suspended following infrastructure work and rehabilitation, and the resumption marks the restoration of regular connectivity along the hill route. Railway officials said the reopening followed a phased programme of repairs and targeted maintenance across vulnerable sections of the line. Officials said the restarted services will cater to commuters, local traders and tourists who rely on rail ..

Next Story
Infrastructure Transport

Railways Approves Rs 2.38 Billion Safety Upgrade on Jammu Katra Route

The Railway Board approved a Rs 2.38 billion (bn) safety upgrade for the Jammu Katra rail section. The allocation of Rs 2.38 bn will be deployed to strengthen safety infrastructure along the route. The decision follows a review of corridor safety needs and aligns with a wider effort to modernise key regional links. The Jammu Katra corridor serves a high volume of passenger traffic, including pilgrimage travel to the town of Katra which is a gateway to a major shrine. The project is expected to address operational risks and improve reliability for commuters and visitors. Seasonal surges in dema..

Next Story
Infrastructure Transport

Rayagada Railway Division Begins Operations Under ECoR

The newly created Rayagada Railway Division of the East Coast Railway (ECoR) commenced operations on Monday and is led by Indian Railway Service of Electrical Engineers (IRSEE) officer Amitabh Singhal. ECoR said Singhal has been associated during his long railway career with several landmark rolling stock initiatives, including the Vande Bharat Express project, and will lead the division supported by officers and railway staff in strengthening operations, infrastructure development and service delivery across the region. The Ministry of Railways formally notified the creation of the Rayagada D..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement