India's power sector had a forgettable FY26. Muted demand growth of barely 1%, low merchant rates, and weak plant load factors dragged Q4 earnings across the board. But according to Rupesh D Sankhe, Vice President at Elara Capital, that underwhelming year may be the last of its kind for a long time.
"Next 7 to 10 years, you can fairly estimate close to 5% to 6% kind of power demand growth," Sankhe told ET Now, a sharp acceleration from the 4.5% average of the past decade and a half.
