Fitch expects 4-5% rise in India's electricity demand FY27
NewsBytes | May 12, 2026 7:39 PM CST
India's renewables to rise 15%
Solar and wind power are picking up speed: renewables are set for another 15% boost next year after a big expansion.
Still, coal isn't going anywhere just yet; thermal power made up over 70% of India's electricity in fiscal 2026.
Fitch expects coal plants to keep running strong with steady supply and backup inventory through the start of fiscal 2027.
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