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Heatwave spikes power demand forcing tariffs to the ₹20 ceiling during peak hours

Economy
Published on 2 May 2026
Heatwave spikes power demand forcing tariffs to the ₹20 ceiling during peak hours

Peak demand hit 256 GW, just before prices maxed out

India’s power market surged in late April as heatwaves drove electricity demand sharply higher. Indian Energy Exchange data shows tariffs in non-solar hours climbed to the ₹20 per unit regulatory ceiling. The capped high-price segment helps bring in costlier power sources to meet demand, while peak requirement hit a record 256 GW.

  • Heatwave-driven demand pushed tariffs to the ₹20 ceiling
  • Non-solar hours saw the steepest price climb
  • IEE data indicates costly power was dispatched to balance supply
  • Peak demand reached a record 256 GW
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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