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flag India's power demand to grow 5-5.5% this fiscal year, driven by EVs, data centers, and green hydrogen.

flag India's power demand is forecast to grow by 5-5.5% in the current fiscal year, up from 4.2% last year but slower than the 7-9% seen in the previous two years. flag Over the next five years, demand is expected to increase by 6-6.5% annually, driven by electric vehicles, data centers, and green hydrogen sectors. flag Despite this growth, the outlook for thermal power remains stable, with grid capacity demand slightly decreasing due to increased use of rooftop solar panels.

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