India Power Demand Peaks at 242 GW in FY26, Deficit Hits Record Low

Brace for India’s electricity demand to crest at 242.49 GW in FY26, a figure that captures the pulse of a nation on the rise. In a groundbreaking development, the perennial demand-supply deficit has plummeted to its lowest ever, showcasing the success of decade-long power sector overhauls. From the bustling factories of Gujarat to the high-rises of Mumbai, energy hunger grows unabated. Commercial and agricultural sectors contribute significantly, alongside household electrification drives. Supply has scaled impressively: coal remains king but cedes ground to solar farms sprawling across Rajasthan and wind corridors in Tamil Nadu. Grid stability has improved via synchrophasors and wide-area monitoring. This milestone cements India’s energy narrative: from scarcity to sufficiency, ensuring lights stay on for 1.4 billion dreams.