Power Supply Noise has a significant impact on path delay and therefore its estimation is critical in delay testing. In deep sub-micron technologies, voltages are scaled and the number of switching gates has increased which make chips susceptible to power supply noise. Running full-chip simulations on large designs to pre dict the noise is time consuming and expensive. There fore, most existing techniques are based on statistical approaches. In this paper, we propose a current-based dynamic method to estimate power supply noise and use the framework to predict the increase in path delay caused by the variations in power supply voltage with out carrying out a full-chip simulation. A convolu tion-based technique is used to compute the path delays where standalone paths are extracted and simulated. Experimental results reported for estimating noise using the ISCAS-85 benchmark circuit are within 10% of full-chip results. The delay predictions carried out on two other experimental designs using our technique closely match full-chip results with a maximum error of 2%.