Private investment in thermal power to surge: Crisil
India’s thermal power sector is poised for a major investment revival, with private players expected to invest Rs 77,000 crore between FY26 and FY28, according to a report by Crisil Ratings. This marks a shift from the past decade, as firms such as Adani Power, Tata Power, JSW Energy, and Vedanta Power move ahead with large-scale expansions, mostly through brownfield projects. Overall investment in thermal power, both public and private, is projected to double to…