New Delhi, May 12 -- India's power demand is expected to increase by 4-5 per cent year-on-year (YoY) in the financial year ending March 2027 (FY27), recovering from a marginal 0.9 per cent growth recorded in FY26. A report from Fitch Ratings stated that this trajectory is supported by sustained economic growth, a low base from the preceding year, and a sharp rise in cooling requirements across the country.

The ratings agency mentioned that the sector remains on a stable footing despite the necessity for significant investment in new capacity.

"India's rated power utilities' credit profiles should remain resilient as demand rises in the financial year ending March 2027 (FY27), despite sustained high growth capex....Fitch expects India's ...