New Delhi, April 10 -- Power demand in the country is expected to rise by around 6 per cent in the current financial year, driven by the anticipated impact of El Nino conditions, which are likely to increase temperatures and reduce rainfall, according to a report by Crisil Intelligence.
The report stated that power demand is estimated to grow 5.5-6.5 per cent year-on-year in fiscal 2027 to reach 1,815-1,825 billion units (BUs). The expected emergence of El Nino in July is likely to push up cooling demand due to higher temperatures and lower rainfall. In addition, steady economic growth and a low base are expected to support the rise in power consumption.
It stated, "Power demand is estimated to rise 5.5-6.5 per cent year-on-year in fisc...
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