India’s power demand to rise 6 per cent in FY22
POWER & RENEWABLE ENERGY

India’s power demand to rise 6 per cent in FY22

Demand for electricity in India is expected to increase by 6 per cent in 2021-22 compared to the previous fiscal year, according to ICRA. The rating agency has also forecasted a 17-18 GW increase in power generation capacity for the current fiscal. Additionally, ICRA expects all-India power gen...

Demand for electricity in India is expected to increase by 6 per cent in 2021-22 compared to the previous fiscal year, according to ICRA. The rating agency has also forecasted a 17-18 GW increase in power generation capacity for the current fiscal. Additionally, ICRA expects all-India power generation capacity additions to rebound to 17-18 GW this year, up 45 per cent YoY from 12.8 GW in 2020-21, with the renewable energy segment leading the way with a strong pipeline of 38 GW projects under development. Over the next five years, the renewable energy segment will continue to be the primary driver of capacity addition, accounting for more than 60 per cent of total capacity addition.

Next Story
Infrastructure Urban

Güntner Showcases Cooling Tech at China Expo

Güntner showcased its latest refrigeration and air conditioning innovations at China Refrigeration 2026, highlighting digital intelligence and carbon-neutral solutions.The company presented its aicore™ Controls and IoT platform, designed to optimise energy consumption, enable remote monitoring and enhance lifecycle management of cooling systems. The solution integrates advanced controllers and cloud-based capabilities to improve operational efficiency and reduce energy use.Güntner also demonstrated advancements in heat pump technologies, including its role in projects such as the Ordos Zer..

Next Story
Real Estate

Superb Realty Ties Up with Praan for AI Air Tech

Superb Realty has partnered with Praan to deploy AI-powered autonomous air infrastructure across over one million sq ft of real estate in Mumbai, marking a significant move towards intelligent indoor environments.The rollout will begin at Superb Altura and expand across upcoming residential and mixed-use developments. The initiative aims to integrate real-time sensing, adaptive purification and AI-led optimisation to improve indoor air quality and occupant experience.Praan’s technology is designed to remove ultrafine particles significantly smaller than conventional systems and eliminate har..

Next Story
Technology

DAAKit Raises $138,000 in Pre-Seed Round

DAAKit has raised $138,000 in a pre-seed funding round led by Inflection Point Ventures to expand its hyperlocal fulfilment network and strengthen technology capabilities.The company plans to use the funds to launch 25 new dark stores across Tier I and Tier II cities, enhance its technology infrastructure, and expand its leadership and operations teams. Currently operational in Delhi, Gurugram, Mumbai, Bengaluru and Kolkata, DAAKit is also piloting expansion into Tier II markets through Lucknow.Built on an asset-light, technology-driven model, the platform enables brands to position inventory ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement