India's power output growth in 2024 slowest since pandemic: Report
1 day, 12 hours ago

India's power output growth in 2024 slowest since pandemic: Report

India Today  

Electricity generation in 2024 grew at its slowest pace since the Covid-19 pandemic, reflecting a broader economic slowdown, reported news agency Reuters, quoting data from Grid-India. “Electricity demand picked up in December with colder weather boosting heating system usage,” Sooraj Narayan, head of Asia-Pacific power modeling at Wood Mackenzie, told the news agency. “We expect a demand growth rate of 6% to 7% in 2025, supported by increased industrial activity.” Renewable energy contributed 12.1% of India’s total power generation in 2024, helping to reduce the share of coal to 74.4% from 75% in 2023. Despite this progress, renewable growth slowed, with solar output rising just 18.4%, the lowest rate since India’s 2015 climate commitments. Meanwhile, natural gas-fired power, which rose 17.3% last year, is expected to decline in 2025 due to higher projected gas prices, according to Energy Aspects senior LNG analyst Kesher Sumeet.

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History of this topic

​Growth chill: On the economy
17 hours, 39 minutes ago

​Growth chill: On the economy

The Hindu  

The National Statistics Office has confirmed emerging fears about the economy’s evidently sluggish trajectory through this year in its first Gross Domestic Product estimates for 2024-25. While the election-focused first quarter hit public capital spending, the second quarter was marred by weak demand and still underwhelming public capex, dragging GDP growth to a seven-quarter low of 5.4%. The NSO’s projection …

Budget 2025 preview — Part 1: Fiscal deficit, FDI, disinvestment, energy issues
5 days, 6 hours ago

Budget 2025 preview — Part 1: Fiscal deficit, FDI, disinvestment, energy issues

Live Mint  

Foreign direct investment inflows into India—investments by foreign entities in domestic businesses—hold the potential to transform the economy. Fiscal deficit: Tax buoyancy holds the key to managing deficits India introduced the Fiscal Responsibility and Budget Management Act in 2003, targeting a fiscal deficit—the gap between government spending and revenue—of 3% of GDP. In 2022-23, the last year for which actual …

India’s manufacturing growth at 12-month low in December
Trending News
1 week ago

India’s manufacturing growth at 12-month low in December

Live Mint  

New Delhi: India’s manufacturing growth slowed to a 12-month low in December amid a softer increase in factory orders and production, a private survey said. The HSBC India Manufacturing Purchasing Managers Index, compiled by S&P Global, was recorded at 56.4 in December, down from 56.5 in November. According to the survey, at 56.4 in December, the seasonally adjusted HSBC India …

India met all-time maximum power demand of 250 GW in 2024
1 week, 1 day ago

India met all-time maximum power demand of 250 GW in 2024

Live Mint  

New Delhi, January 1 : The year 2024 marked a landmark period for India's power sector, with historic advancements in energy generation, transmission, and distribution. From meeting record power demand of 250 GW to reducing energy shortages at the national level to a mere 0.1 per cent in 2024-25, the sector demonstrated resilience and commitment to sustainable growth. In the …

India’s Core Sector Growth Rose to a Four-Month High of 4.3 PC in November
Trending News
1 week, 1 day ago

India’s Core Sector Growth Rose to a Four-Month High of 4.3 PC in November

Deccan Chronicle  

New Delhi: Driven by robust construction activity, India’s core sector growth rose to a four-month high of 4.3 percent in November as compared to 3.7 percent in October. “The cement industry expanded at the fastest pace in 13 months of 13 percent, rising from 3.1 percent growth in the previous month, while the coal sector held steady with 7.5 percent …

The year in data: how 2024 stacked up for economy, politics, climate and more
Trending News
1 week, 2 days ago

The year in data: how 2024 stacked up for economy, politics, climate and more

Live Mint  

India is always beaming with the extraordinary potential of a massive young population, rapidly growing middle class, and geographical richness. Beyond air, India’s growth and development trajectory will also be threatened by climate change and it will have to set aside huge budgets to tackle its impact. The Reserve Bank of India underestimated inflation for the fifth year in 2024-25 …

Climate change is now a real and pressing economic threat
2 weeks, 2 days ago

Climate change is now a real and pressing economic threat

Live Mint  

New Delhi: Climate change is no longer just affecting lives. “We must reduce emissions because a country like India needs a stable climate to ensure growth. Cross-border tariffs Climate change may disrupt global trade and economic development around as developed economies in the European Union are coming up with measures like the Carbon Border Adjustment Mechanism, a policy tool to …

Economy rebounds in Q3 with boost from festivals and rural demand: RBI
2 weeks, 2 days ago

Economy rebounds in Q3 with boost from festivals and rural demand: RBI

India Today  

The Indian economy is recovering from the slowdown in momentum witnessed in the September quarter, driven by strong festival activity and a sustained upswing in rural demand, according to a Reserve Bank of India bulletin released on Tuesday. "High frequency indicators for the third quarter of 2024-25 indicate that the Indian economy is recovering from the slowdown in momentum witnessed …

India in 2025: Challenges are resurfacing but so are opportunities
3 weeks ago

India in 2025: Challenges are resurfacing but so are opportunities

Live Mint  

Much has been said about India’s growth slowdown to 5.4% in the quarter ending September. We believe that the bulk of the growth exuberance over the past few years has been led by the rise of ‘new India’, a small but fast growing part of the economy, which comprises several high-tech sectors. After several heady years, the base of ‘new …

India’s renewable energy capacity addition doubled to 15 GW in Apr-Nov: Pralhad Joshi
3 weeks, 2 days ago

India’s renewable energy capacity addition doubled to 15 GW in Apr-Nov: Pralhad Joshi

Live Mint  

New Delhi, Dec 17 India's renewable energy capacity addition almost doubled to 15GW during the April-November period of this fiscal compared a year ago, indicating India's commitment towards the target of 500GW non-fossil capacity by 2030, Union New & Renewable Energy Minister Pralhad Joshi said on Tuesday. Addressing at CII International Energy Conference & Exhibition 2024 here, Joshi said, "In …

Data dive: Dark clouds hover over India’s solar story
3 weeks, 3 days ago

Data dive: Dark clouds hover over India’s solar story

Live Mint  

Recent charges of bribery by a US government agency against the Adani Group and its leadership have cast an unexpected spotlight on the Solar Energy Corporation of India—until now a relatively unknown company run by the central government. Solar’s share of electricity generated from renewable sources has Widening gap Of the 66 GW of solar power capacity installed as of …

The issue of India’s economic growth versus emissions
1 month ago

The issue of India’s economic growth versus emissions

The Hindu  

The Indian economy has consistently showcased its robust growth over the past few decades. The claim The claim of India’s decoupling made in the Economic Survey comes from comparing GDP and emissions growth rates between 2005 and 2019. While there has been no absolute decoupling in India, since 1990, GDP in India has grown at a much higher pace than …

India’s Potential GDP Growth Pegged at 6.5–7 Percent: Chief Economic Advisor
1 month ago

India’s Potential GDP Growth Pegged at 6.5–7 Percent: Chief Economic Advisor

Deccan Chronicle  

New Delhi: In line with the Economic Survey, India's chief economic advisor V Anantha Nageswaran on Monday said that the country's potential GDP growth is in the range of 6.5-7 percent and the country should be able to achieve it on the back of things that have already happened in the last 10 years whether it is in terms of …

India’s GDP growth slows to 5.4% in Q2, below RBI estimate: Govt data
1 month, 1 week ago

India’s GDP growth slows to 5.4% in Q2, below RBI estimate: Govt data

Hindustan Times  

NEW DELHI: India’s growth of gross domestic product slowed to a seven-quarter low during July-September quarter of 2024-25, data released by the ministry of statistics and programme implementation showed. India remains the fastest-growing major economy as China’s GDP growth in the July-September quarter this year was 4.6%. The economy expanded 5.4% in the quarter ending September 2024 from a year …

India's Q2 GDP growth slows to 5.4 per cent, hits 18-month low
1 month, 1 week ago

India's Q2 GDP growth slows to 5.4 per cent, hits 18-month low

India TV News  

In a significant development, India's economic growth decelerated to 5.4% in the July-September quarter of the current fiscal year, marking its slowest pace in nearly two years. Despite the slowdown, India retained its position as the fastest-growing major economy, surpassing China's 4.6% GDP growth in the same quarter. Key sectoral insights According to data from the National Statistical Office, the …

India's GDP growth slows to 5.4% in Q2 2024-25: Govt data
1 month, 1 week ago

India's GDP growth slows to 5.4% in Q2 2024-25: Govt data

Hindustan Times  

India's Gross Domestic Product growth slowed down to 5.4% during the second quarter of the financial year 2024-25 due to the falling growth rate in manufacturing, consumption, and mining. India's GDP growth slows to 5.4% in Q2 2024-25, govt data shows In comparison, the GDP growth rate was 8.1% in the second quarter of 2023-24, according to government data released …

India Q2 GDP: Economy grows 5.4% in July-Sept, a 7-quarter low
1 month, 1 week ago

India Q2 GDP: Economy grows 5.4% in July-Sept, a 7-quarter low

Firstpost  

Government data released on Friday showed that India’s economic growth slowed down to 5.4 per cent in July-September 2024 compared to 8.1 per cent in year-ago quarter India's GDP for the second quarter of the fiscal year 2024 slowed down to 5.4 per cent. File image Government data released on Friday showed that India’s economic growth slowed down to 5.4 …

India’s GDP growth: The first half faltered, but economy seen rebounding in the second
Trending News
1 month, 1 week ago

India’s GDP growth: The first half faltered, but economy seen rebounding in the second

Live Mint  

Two consecutive quarters of disappointing economic growth have left economists pinning their hopes on a rebound in the second half of the fiscal year. Some economists, however, expect India’s FY25 GDP growth to be lower than the Reserve Bank of India’s 7.2% outlook because of the disappointing economic growth in the first two quarters of the fiscal year. “Government will …

India's Q2 GDP slows to 5.4%, hits 18-month low on weak consumption
Trending News
1 month, 1 week ago

India's Q2 GDP slows to 5.4%, hits 18-month low on weak consumption

India Today  

India’s GDP growth for the July-September quarter fell sharply to 5.4%, marking an 18-month low, as per data released by the National Statistics Office on Friday. Manufacturing growth decelerated significantly to 2.2%, compared to 14.3% in the same quarter last year and 7% in the previous quarter. The weaker-than-expected GDP growth raises concerns about the sustainability of economic recovery, particularly …

India’s GDP growth likely moderated to 6.5% in Q2, says Icra
Trending News
1 month, 2 weeks ago

India’s GDP growth likely moderated to 6.5% in Q2, says Icra

Live Mint  

New Delhi: India’s GDP growth is likely to have slowed marginally to 6.5% in the second quarter of FY2025 from 6.7% in the previous quarter, primarily due to heavy rainfall, weak corporate margins, and subdued exports, according to rating agency Icra. While government capital expenditure and healthy kharif sowing provided a lift, their impact was offset by disruptions caused by …

India's Renewable Energy Capacity Hits New Milestone: Centre
1 month, 3 weeks ago

India's Renewable Energy Capacity Hits New Milestone: Centre

Deccan Chronicle  

New Delhi: India has reached a significant milestone in its renewable energy journey, with the country's total renewable energy capacity crossing the 200 GW. India's total renewable energy installed capacity surged by an impressive 24.2 GW in just one year, reaching 203.18 GW in October 2024, up from 178.98 GW in October 2023. India's total electricity generation capacity has reached …

Retail inflation hits 14-month high, rises to 6.21 per cent in October
1 month, 4 weeks ago

Retail inflation hits 14-month high, rises to 6.21 per cent in October

India TV News  

India’s retail inflation surged to a 14-month high of 6.21% in October, exceeding the Reserve Bank of India’s target range. India’s Index of Industrial Production showed a positive shift, expanding by 3.1% in September compared to a 0.1% contraction in August. According to data from the Ministry of Statistics and Programme Implementation, key sectors such as mining, manufacturing, and electricity …

India's Retail Inflation at 3.65 Percent in August; Industrial Output Grows by 4.8 Percent in July
3 months, 3 weeks ago

India's Retail Inflation at 3.65 Percent in August; Industrial Output Grows by 4.8 Percent in July

Deccan Chronicle  

New Delhi: India’s headline retail inflation for the month of August 2024 stood at 3.65 per cent as compared to 3.6 per cent in July, while it was 6.83 per cent a year ago. India’s industrial output growth also recorded a growth of 4.8 per cent in July 2024, two separate government data showed on Thursday. Meanwhile, India’s industrial production …

India’s industrial output grows 4.8% in July
3 months, 3 weeks ago

India’s industrial output grows 4.8% in July

The Hindu  

India’s industrial output growth rose 4.8% in July, the second-slowest pace in the financial year 2024-25, from an upgraded 4.7% growth in June, even as mining and electricity growth slowed, and non-consumer durables’ production slipped a sharp 4.4%, marking the third contraction in four months. Manufacturing output growth picked up to 4.6% in July, from 3.2% in June, and was …

New energy targets realized ahead of deadline
4 months, 2 weeks ago

New energy targets realized ahead of deadline

China Daily  

A vast expanse of solar panels shadows the surface of a semi-desert in Northwest China's Qinghai province, turning it into a photovoltaic park. According to data from the Chinese National Energy Administration, by the end of July 2024, the total installed capacity of power generation nationwide reached 3.1 billion kilowatts. Of this, solar power had an installed capacity of about …

New energy targets realized ahead of deadline
4 months, 2 weeks ago

New energy targets realized ahead of deadline

China Daily  

A vast expanse of solar panels shadows the surface of a semi-desert in Northwest China's Qinghai province, turning it into a photovoltaic park. According to data from the Chinese National Energy Administration, by the end of July 2024, the total installed capacity of power generation nationwide reached 3.1 billion kilowatts. Of this, solar power had an installed capacity of about …

At 4%, India's core sector growth slowest in 20 months: Govt data
5 months, 1 week ago

At 4%, India's core sector growth slowest in 20 months: Govt data

Business Standard  

Electricity generation saw a 7.7 per cent increase, which was lower than the 13.7 per cent growth in May but higher than the 4.2 per cent growth in June 2023. “With the onset of the monsoon, electricity growth reverted to single digits after two months, although it remained healthy at 7.7 per cent. Given the dip in core sector growth, …

Up 4%, core sectors’ growth at 20-month low in June
5 months, 1 week ago

Up 4%, core sectors’ growth at 20-month low in June

The Hindu  

Growth in India’s eight core sectors slipped to a 20-month low of 4% in June from an upgraded 6.4% rise in May, with most sectors barring coal recording a sharp decline in output growth, steel production at a seven-month low, and refinery products slipping into contraction for the first time in five months. However, electricity generation slipped to a four-month …

India's solar output grows at slowest pace in six years in first half of 2024
6 months ago

India's solar output grows at slowest pace in six years in first half of 2024

Hindustan Times  

By Sudarshan Varadhan and Cassandra Yap India's solar output grows at slowest pace in six years in first half of 2024 SINGORE, - India's solar power generation grew at the slowest pace in six years in the first half of 2024, an analysis of data from the federal grid regulator showed, as the country further stepped up reliance on coal …

India's power consumption rises nearly 9% to 152.38 billion units in June
6 months, 1 week ago

India's power consumption rises nearly 9% to 152.38 billion units in June

The Hindu  

India's power consumption rose by nearly 9% to 152.38 billion units in June compared to the year-ago period mainly due to scorching heat which forced excessive use of cooling appliances like air conditioners and desert coolers. The previous all-time high peak power demand of 243.27 GW was recorded in September 2023. The Ministry also estimated that peak power demand may …

India's coal dependence for power to be highest in nine years as heatwaves intensify
6 months, 2 weeks ago

India's coal dependence for power to be highest in nine years as heatwaves intensify

Hindustan Times  

India will use more coal for generating electricity this year than it has in almost a decade, to cope with surging electricity demand, Bloomberg reported. Representational The country expects to add 15.4 gigawatts in the financial year 2024-25, the most in nine years, people familiar with the matter told Bloomberg. Coal still generates about three-quarters of India’s electricity, and the …

India's industrial output's year-on-year growth increases to 5% in April 2024
6 months, 3 weeks ago

India's industrial output's year-on-year growth increases to 5% in April 2024

Hindustan Times  

The Index of Industrial Production grew by 5% for April 2024, compared to 4.6% growth during the same month of the previous year. IIP tracks activity in manufacturing, mining, and electricity generation IIP shows the performance of the industrial sector. The IIP figure for April 2024 stood at 147.7 compared to 140.7 in the same month last year, according to …

Rising AC sales and surging demand for cooling escalates India's environmental challenges
6 months, 4 weeks ago

Rising AC sales and surging demand for cooling escalates India's environmental challenges

Hindustan Times  

With soaring temperatures and heat waves causing health problems, air conditioners have become essential for creating cooler, comfortable spaces. Growing AC use will increase energy intensity in buildings, requiring significant focus on improving thermal comfort to reduce air-conditioned hours,” said Anumita Roychowdhury, executive director, Centre for Science and Environment. The widespread use of ACs significantly increases electricity consumption, and by …

India's 2024 economic growth projection revised upwards by U.N. to nearly 7%
7 months, 3 weeks ago

India's 2024 economic growth projection revised upwards by U.N. to nearly 7%

The Hindu  

The United Nations has revised upwards India’s growth projections for 2024, with the country’s economy now forecast to expand by close to 7% this year, mainly driven by strong public investment and resilient private consumption. The World Economic Situation and Prospects as of mid-2024, released Thursday, said, “India’s economy is forecast to expand by 6.9% in 2024 and 6.6% in …

India's Index of Industrial Production growth slows to 4.9% as mining sector sees decline
7 months, 4 weeks ago

India's Index of Industrial Production growth slows to 4.9% as mining sector sees decline

Deccan Chronicle  

New Delhi:With the poor performance, mostly in the mining sector, India’s industrial output slowed marginally to 4.9 per cent in March this year as compared to the previous month. The factory output measured in terms of the index of industrial production or IIP was 5.6 per cent in February 2024, while it saw a growth of 1.9 per cent in …

Industrial output slows to 4.9% in March
7 months, 4 weeks ago

Industrial output slows to 4.9% in March

The Hindu  

India’s industrial output growth slowed to 4.9% in March from 5.6% in February, as per the National Statistical Office, with base effects from last March when output had tanked 1.9%, boosting the uptick. Manufacturing, which constitutes 77.6% of the Index of Industrial Production, grew at a five-month high pace of 5.2% in March, relative to a mild 1.5% uptick in …

Green milestone: Share of coal in India’s total installed electricity capacity drops below 50%
8 months ago

Green milestone: Share of coal in India’s total installed electricity capacity drops below 50%

Hindustan Times  

The share of coal in India’s total installed electricity capacity fell below 50% for the first time in history in 2023-24, according to a report released on Thursday, marking a crucial milestone in the country’s attempt to switch to clean energy. The report also found that renewable energy auctions reached a record 41 GW in fiscal year 2024, with eight …

Infrastructure sectors’ output growth moderates to 5.2% in March
8 months, 1 week ago

Infrastructure sectors’ output growth moderates to 5.2% in March

The Hindu  

India’s eight core infrastructure sectors’ output growth moderated to 5.2% in March from an upgraded 7.1% uptick in February, with high growth in Cement and Electricity production offset by contractions in fertilisers and refinery products. However, this also marked the first time in at least 12 years that all eight sectors had recorded annual growth, led by double-digit upticks in …

INDIA’s clean energy transition goals in limbo
8 months, 1 week ago

INDIA’s clean energy transition goals in limbo

New Indian Express  

CHENNAI : While hosting the G20 Presidency for the first time, India championed a climate change-focused agenda and pushed the group of countries to agree to tripling global renewable energy capacity by 2030. A report titled “Indian States’ Electricity Transition: 2024” was released by the Institute for Energy Economics and Financial Analysis and Ember that looks into the performance of …

Solar power potential in India has decreased over last three decades: Study
8 months, 2 weeks ago

Solar power potential in India has decreased over last three decades: Study

Hindustan Times  

A recent study has highlighted that with a decreased trend in solar radiations over most of the country, the solar power potential in India has decreased over the last three decades. The technical potential of solar power has a significant decreasing trend in most of the selected stations, which is alarming. As solar radiation intensity has been decreasing and there …

World Bank projects Indian economy to grow at 7.5% in 2024
9 months ago

World Bank projects Indian economy to grow at 7.5% in 2024

Hindustan Times  

The Indian economy is projected to grow at 7.5 per cent in 2024, the World Bank has said, revising its earlier projections for the same period by 1.2 per cent. Overall, growth in South Asia is expected to be strong at 6.0 per cent in 2024, driven mainly by robust growth in India. Overall, growth in South Asia is expected …

India’s hydropower output records steepest fall in nearly four decades
9 months, 1 week ago

India’s hydropower output records steepest fall in nearly four decades

The Hindu  

India's hydroelectricity output fell at the steepest pace in at least 38 years during the year ended March 31, a Reuters analysis of government data showed, as erratic rainfall forced further dependence on coal-fired power amid higher demand. The 16.3% drop in generation from India’s biggest clean energy source coincided with the share of renewables in power generation sliding for …

India's solar surge: A look at ambitious plans, actual progress, and funding trends
9 months, 2 weeks ago

India's solar surge: A look at ambitious plans, actual progress, and funding trends

India Today  

During his address at the India Today Conclave, Prime Minister Narendra Modi outlined ambitious plans for the next five years, particularly in solar energy. INDIA'S SOLAR PARK PROGRESS A total of 51 solar parks were sanctioned across various states in India, with a combined capacity of 37.74 GW by 2023. Andhra Pradesh has five parks with a total capacity of …

India's GDP grew by 8.4 per cent in December quarter, surpassing expectations
10 months, 1 week ago

India's GDP grew by 8.4 per cent in December quarter, surpassing expectations

Hindustan Times  

Indian economy grew by 8.4 per cent in October-December 2023 against 4.3 per cent a year ago, government data showed on Thursday. India's GDP grows by 8.4 per cent in December quarter It had projected a growth of 7.3 per cent for the current fiscal in its first advance estimates released earlier in January 2024. Earlier in the day, the …

India's power consumption grows 7.5 percent in April-January this fiscal year
10 months, 3 weeks ago

India's power consumption grows 7.5 percent in April-January this fiscal year

India TV News  

India's power consumption increased 7.5 percent on-year to 1354.97 billion units in the April-January period of this financial year, indicating an uptick in economic activities across the country. Power consumption in the country has increased to 1354.97 billion units in the April-January period of this financial year, from 1259.49 BU in the April-January period of fiscal 2022-23, according to government …

India’s clean energy boom slows as new solar projects get delayed. Experts say it can pick back up
11 months ago

India’s clean energy boom slows as new solar projects get delayed. Experts say it can pick back up

Associated Press  

BENGALURU, India — For years, renewable projects in India have been growing steadily, from small-town rooftop solar installations to large-scale projects across the desert and long stretches of wind turbines and solar panels on farmland all contributing to the country’s climate goal of transitioning to clean energy. It takes up to two years for solar projects to come online after …

Core sectors’ growth hit 14-month low in December
11 months, 1 week ago

Core sectors’ growth hit 14-month low in December

The Hindu  

Output growth from India’s eight core sectors slumped to a 14-month low of 3.8% in December 2023, compared to 8.3% a year earlier and a revised growth of 7.9% in the previous month. Coal production grew 10.6%, marking the slowest year-on-year uptick in six months, but output levels were at their highest since April 2023. Refinery products and Steel output …

India's core sector growth declines to 14-month low of 3.80 per cent in December
11 months, 1 week ago

India's core sector growth declines to 14-month low of 3.80 per cent in December

India TV News  

India's eight core sectors recorded a growth of 3.8 per cent in December, as per data released by the Ministry of Commerce and Industry on January 31. In November 2023, the core sector growth reported a figure of 7.8 per cent, which was later revised slightly upward to 7.9 per cent by the commerce ministry on January 31. Comparatively, in …

PM Modi announces new rooftop solar power scheme: How this will help India go green
11 months, 2 weeks ago

PM Modi announces new rooftop solar power scheme: How this will help India go green

Firstpost  

Monday was a big, big day for Prime Minister Narendra Modi. In a post on X, PM Modi on Monday evening wrote, “The first decision I have taken after returning from Ayodhya is that our government will launch ‘Pradhanmantri Suryodaya Yojana’ with the target of installing rooftop solar on one crore houses.” He further added that the scheme was inspired …

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