India’s Power Need Seen Hitting 4 Trillion Units by 2035

02 Jul 2025 CW Team

India’s annual electricity requirement is projected to double over the next decade, reaching about 4 000 TWh by 2035, driven by rapid industrialisation, urban growth and the electrification of transport, according to a new study from investment manager OmniScience Capital.

The report singles out three fast growing consumers—electric vehicles (EVs), data centres and the rail network—which together are expected to soak up roughly 500 TWh, or 12–13 per cent of total demand. Their rise signals a shift away from the historical dominance of household and traditional industrial loads.

OmniScience Executive Vice President Ashwini Shami said the trend reflects “accelerating industrial growth, digital transformation and a rising quality of life” and opens significant investment doors in renewables, grid upgrades and storage.

Per capita use is forecast to jump from 1 400 kWh in 2024 to 2 575 kWh in 2035 as incomes climb and more energy intensive appliances enter homes. The commercial and services sector will be another major driver: its power draw is set to rise 4.4 fold to 798 TWh, a compound annual growth rate of 13.2 per cent, giving it nearly one fifth of national consumption.

Transport will see the fastest growth, with usage by EVs and electrified railways surging from 25 TWh in 2022 to 162 TWh in 2035—a 16.8 per cent CAGR—underpinned by government targets for net zero emissions, a 500 GW renewable capacity, wider EV adoption and nationwide charging infrastructure.

Overall, the report argues, India’s energy transition is no longer optional: it is essential to sustain economic momentum while meeting climate goals, and it creates a multi billion pound opportunity for investors prepared to back green generation and modernised grids.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..