Hotter summer ahead? NTPC Green, Tata Power, other power stocks surge up to 15%

Rising temperatures are directly boosting electricity demand, especially for thermal power. This creates a favorable operating environment for power generation companies.

• •Shares of Indian power companies rose sharply.
• •Early summer heat pushed electricity demand higher.
• •Limited solar output and supply constraints from LNG and hydro plants boosted thermal generation.
• •Temperatures across key cities have been above normal, with Rajkot recording 42°C.
• •Risk flag: Sudden drop in temperatures or unseasonal rains could reduce demand.