data centres and EVs to drive one-third of power demand growth by 2035: Motilal Oswal

New Delhi [India], January 16 (ANI): Data centres and electric vehicles (EVs), which currently make up a very small portion of India’s power need, are predicted to contribute to one-third of the growth in power demand by 2035, according to a report by Motilal Oswal.

“Electric vehicles (EVs) and data centres account for a negligible share of power demand in India today. Yet, by 2035, we estimate one-third of power demand growth might be attributable to these two sectors,” the report added.