Power Demand Rises 2.4 per cent in July to 154 BUs

13 Aug 2025 CW Team

India’s electricity demand grew 2.4 per cent year-on-year in July to 154 billion units (BUs), up from 150 BUs a year earlier, driven by buoyant industrial activity, according to a CRISIL report. This marked a turnaround from May and June, which saw on-year declines of 4.8 per cent and 2.3 per cent respectively.

The HSBC India Manufacturing Purchasing Managers’ Index (PMI) – a key indicator of industrial activity – rose to a 16-month high of 59.1 in July, from 58.4 in June.

Demand in the southern region jumped 11.4 per cent on-year, in line with a 1 per cent rainfall deficit in the South Peninsular Region, as per the India Meteorological Department (IMD). In contrast, northern region demand fell 5 per cent, compared with a 17 per cent rise in July 2024.

Peak power demand in July was over 10 per cent lower than the highest peak recorded in June, a trend also observed in fiscals 2023 and 2024.

Coal-based generation fell 2.2 per cent on-year, marking the fourth consecutive monthly decline this fiscal, compared with an 8 per cent increase in fiscal 2024. However, higher rainfall boosted hydro power output by about 36 per cent on-year, while renewable generation rose 7.2 per cent. Consequently, coal’s share in the total power mix dropped to 63 per cent from 66 per cent a year earlier, underlining its flexibility to be ramped up or down in line with demand shifts.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..