Home›Global Markets›Trade & Tariffs›Brokerage flags 7.7% power capacity growth through FY3…

Brokerage flags 7.7% power capacity growth through FY36E

Anand Rathi expects renewables to lift their installed capacity share from 53% in FY26 to 70% by FY36E, while thermal share drops to 30%.

Reported · Written up by our desk · Trade & Tariffs

Housing demand from diversified pools is shifting the power sector toward a value-focused growth cycle, according to a report from brokerage firm Anand Rathi Share and Stock Brokers, released on 6 October.

Anand Rathi projected power capacity could expand at a 7.7% compound annual growth rate through FY36E, with growth led by solar at 13% and wind at 10.7%.

The brokerage expects renewables to take a larger role in generation, estimating that renewables account for 53% of installed capacity in FY26, rising to 70% by FY36E, while thermal capacity falls from 47% to 30%.

Anand Rathi also said generation is expected to grow at a 6.9% CAGR through FY36E, with thermal generation growing more slowly at 3.7% CAGR and thermal capacity growing at 3% CAGR.

More like this

Sources