New Delhi, July 18 -- India's power sector is likely to maintain a strong growth trajectory through this fiscal year, supported by robust electricity demand, rising peak load, continued thermal generation and rapid renewable capacity additions. With power consumption expected to remain firm amid expanding industrial and commercial activity, utilities with a mix of fuel-secure thermal assets and scalable renewable portfolios are likely to be best positioned for sustained earnings growth, according to a report by 360 ONE Capital.

India's electricity consumption rose around 8 per cent year-on-year during April-June 2026 to nearly 485 billion units, while peak power demand touched 270.82 GW in May, according to the brokerage. The report said...