Mixed quarter for power sector as weak demand hits merchant players while renewables and regulated utilities remain steady
India’s power sector reported a divergent Q2 FY26, with merchant generators facing lower volumes and realizations due to heavy rains and softer industrial demand. In contrast, regulated utilities and several renewable companies delivered stable to stronger performance. Analyst commentary points to improving execution and demand recovery in the second half.
By Finblage Editorial Desk
1:30 pm
19 November 2025
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