India's Power Sector Thrives Amid Global Volatility, Surging Domestic Demand

• India's power sector remains stable despite global energy market volatility, driven by strong domestic consumption.
• Demand across industrial, commercial, agricultural, and residential segments is robust, with power demand rising from 220 GW to 235 GW.
• Electricity consumption grew 7.4% annually (FY21-FY25) and is projected to expand 6-6.5% through the decade, fueled by cooling demand, EVs, and industrial growth.
• Global gas shortages have shifted demand to grid power, strengthening overall consumption and aiding domestic volume growth.
• The sector is undergoing heavy investment in transmission infrastructure and a transition to renewables, with peak demand expected to reach 335-366 GW by 2030.