Clean Energy Meets Over Half Of India Peak Power Demand

14 Jul 2026 CW Team

India's electricity grid recorded a milestone on July six when clean energy sources accounted for 50.02 per cent of national demand at 11:46 am, according to data from the power ministry's Merit Order Despatch of Electricity for Rejuvenation of Income and Transparency (MERIT). At that instant total demand stood at 221.5 gigawatt (GW). The figure marks the second consecutive year that non-fossil sources including renewable energy, hydropower and nuclear have met more than half of peak demand and reflects shifting supply dynamics.

Clean sources have supplied over 45 per cent of total electricity demand for 50 days since May, the Council on Energy, Environment and Water (CEEW) noted via fellow Disha Aggarwal, who said this signals a lasting change in the supply mix. CEEW research points to the need to scale flexible energy storage along with large-scale and distributed renewable systems to meet rising evening demand with low-cost renewables.

Peak power demand eased to 222.5 GW as of July six as rainfall across the country cooled temperatures, state-run Grid Controller of India data show. On July seven peak demand rose to 230 GW. Demand remains below the all-time high of 270.8 GW recorded in May, and the government has estimated peak demand could touch 271 GW in 2026.

India's total installed capacity was 542.3 GW as of May 31, with thermal capacity at 250.8 GW and renewable capacity at 282.7 GW. Analysts say shortfalls become most challenging in evening hours due to the non-availability of solar power and that increasing storage and flexibility will be vital. Experts also warned that an El Nino phase, characterised by warmer-than-normal Pacific sea temperatures, may bring harsher summer conditions and lift power demand.

Real Estate

14 Jul 2026

Paradigm Realty secures Rs 1 billion for Chembur project

Paradigm Realty Group has secured Rs 1 billion in funding from Arnya RealEstates Fund for its flagship residential project, 71 Midtown, in Chembur, Mumbai.The institutional investment will be used to support the completion of Phases 1 and 2 of the development, with the financing aligned to the project's construction and delivery schedule.Spread across approximately 4.5 acres, the gated residential community comprises one- and two-bedroom apartments. Located near Sindhi Society in Chembur, the project offers connectivity to the Bandra Kurla Complex (BKC) and is expected to benefit from infrastr..

PCPL delivers 1.4 million sq ft, eyes 2.1 million sq ft pipeline

Pranav Constructions (PCPL) has delivered more than 1.4 million sq ft of redeveloped residential space across Mumbai as of March 2026, while outlining a future pipeline exceeding 2.1 million sq ft across key redevelopment markets.Over the past decade, the Mumbai-based developer has completed 28 redevelopment projects, benefiting more than 2,450 families across the city's western suburbs, including Borivali, Kandivali, Malad and Goregaon. Since 2023, the company has expanded into neighbourhoods such as Santacruz, Bandra, Andheri and Vile Parle, while also entering heritage precincts including M..

Shalimar Paints launches premium Xtra Tough Hi-Sheen

Shalimar Paints has expanded its premium product portfolio with the launch of Xtra Tough Hi-Sheen, a new exterior emulsion developed to provide enhanced weather protection and a high-sheen finish for residential buildings.The company said the product is designed to address growing consumer demand for exterior coatings that combine aesthetics with long-term durability. Suitable for both new construction and renovation projects, the emulsion is formulated to withstand varied climatic conditions, including heat, rain, humidity and pollution.Xtra Tough Hi-Sheen features a dust-repellent coating in..