Power Demand To Rise Up To Six Per Cent This Year: Crisil

16 Apr 2026 CW Team

Crisil Intelligence projected that power demand will rise five point five to six point five per cent year on year in fiscal 2027, reaching 1,815 to 1,825 billion units (bn units) as El Nino conditions expected from July raise cooling needs. The agency cited higher temperatures, lower rainfall, steady economic growth and a low base of comparison. The outlook places the rise in demand at around six per cent for the current financial year.

Consumption in March stood at 149 bn units, up from 147 bn units a year earlier and the highest March level since at least 2010. Real time electricity market volumes in March rose 41.7 per cent year on year to 5,283 million units (mn units) from 3,727 mn units. Despite higher volumes, the average market clearing price in the real time market fell 10 per cent year on year to Rs 3.71 per unit, indicating ample system availability.

On the supply side, generation in March rose one point eight per cent year on year to 163 bn units, with all major fuels except gas recording gains. Renewable generation was supported by capacity additions after the country added 50.9 gigawatts of renewable capacity including small hydro in fiscal 2026. Coal based output edged up around zero point four per cent year on year and its share rose to 73 per cent in March from the fiscal 2026 average of 68 per cent.

Hydro and nuclear generation grew 13.8 per cent and eight point three per cent year on year respectively. The report said that rising temperatures and weather related factors, along with steady economic growth, are likely to support higher electricity consumption in the current financial year. Policymakers and utilities will need to balance demand growth with further renewable additions and system flexibility. The market outlook therefore points to a demand led recovery moderated by evolving supply dynamics.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..