India s power demand is expected to rise by 7-8% in Q2 2024 due to robust industrial activity, GDP growth, and above-normal temperatures. The rating agency believes this demand will be met through larger operating capacities, adequate coal inventory, and higher utilization of gas-based plants. The Indian Ministry of Power has directed both gas-based and imported-coal-based power stations to maintain availability to meet the anticipated demand.
An intense heatwave gripped states like Odisha and West Bengal, with maximum temperatures going beyond the 40 degrees Celsius mark. A fresh western disturbance is expected to hit Northwest India on April 22 and rainfall is predicted in the region.