Power demand to grow over 5% this fiscal, a three year high: Crisil Ratings SECTIONS Share Synopsis Bulk of the incremental demand is expected to be absorbed by existing thermal capacities. Though 13 GW of renewable capacities (predominantly solar) will be added during the fiscal, these are likely to contribute only 10-12 BUs of generation. That is because their PLFs are expected to be low at 20-25% and their commissioning will be spread out through the year. Reuters After a cumulative growth of 5.5% in the three fiscal years through 2019, growth in power demand had fallen to 1% for fiscal 2020. Rising industry demand is expected to prop up India’s energy consumption by over 75 billion units (BUs) this fiscal, or 5% on-year – the fastest growth in the past three fiscals,