Power

Expedite loss reduction works, Andhra chief secretary tells power officials

Andhra Pradesh Chief Secretary K Vijayanand on Saturday directed power Distribution Companies to expedite the Revamped Distribution Sector Scheme loss reduction works, observing that a measurable reduction in aggregate technical and commercial losses is critical for the financial sustainability of power utilities. During a review meeting, the chief secretary noted that the southern state is according high priority to Revamped Distribution Sector Scheme (RDSS) implementation to ensure financial viability of DISCOMs, reduce aggregate technical and commercial (AT & C) losses and reliable power supply to all consumer categories. Andhra Pradesh Southern Power Distribution Company Ltd (APSPDCL), Andhra Pradesh Central Power Distribution Corporation Ltd (APCPDCL) and Andhra Pradesh Eastern Power Distribution Company Ltd (APEPDCL) are the three DISCOMs. "Expedite RDSS loss reduction works and ensure time-bound completion with strict quality controlmeasurable reduction in aggregate ...

Updated On: 07 Feb 2026 | 11:25 PM IST

Budget 2026-27: Power sector units plan ₹1 trillion investment in FY27

The accumulated losses of discoms stood at Rs 6.47 lakh crore and total borrowings at Rs 7.26 lakh crore at the end of FY25

Updated On: 02 Feb 2026 | 11:18 PM IST

Coal India production, offtake fall as power sector demand weakens

Coal India has reported lower production and offtake in April-January FY26, with analysts linking decline to reduced coal consumption by thermal power plants amid muted power demand, rising renewables

Updated On: 02 Feb 2026 | 8:57 PM IST

Power consumption rises 3.8% to 142.74 billion units in January: Govt

Power consumption in the country rose 3.8 per cent to 142.74 billion units in January from 132.5 BUs a year ago, amid increased usage of heating appliances during the intense cold in many parts of north India. According to the government data, the peak power demand met or the highest supply during January, also rose to 245.42 GW from 237.31 GW recorded in January 2025. The peak power demand touched an all-time high of about 250 GW in May 2024. The previous all-time peak power demand of 243.27 GW was recorded in September 2023. Experts said the use of heating appliances like geysers and blowers increased as cold conditions intensified across the northern part of the country in December and continued in January with spells of rain, while some areas also saw snowfall. Extreme cold weather led to an increase in power demand as well as consumption of electricity in various parts of the country, they said. The India Meteorological Department (IMD) on Saturday said that the country is ..

Updated On: 02 Feb 2026 | 6:10 PM IST

US storm leaves 400K without power, triggers flight cancellations

Seventeen states and the District of Columbia have declared weather emergencies, the Department of Homeland Security said

Updated On: 25 Jan 2026 | 5:49 PM IST

Power discoms recorded ₹2,701 crore profit in FY25, says Ministry

India's power distribution companies reported a consolidated profit in FY25 after years of losses, driven by lower AT&C losses, tariff reforms and improved payment discipline

Updated On: 18 Jan 2026 | 6:49 PM IST

IEX slips 4% on huge volumes, stock nears 52-week low; here's why

IEX stock outlook: The CERC is considering replacing the current ceiling-based transaction fee regime for power exchanges with a lower, fixed per-unit fee to improve transparency and predictability.

Updated On: 26 Dec 2025 | 10:17 AM IST

India preferred data centre destination, no power shortage: Piyush Goyal

Union Minister Piyush Goyal on Monday said India is a preferred destination for data centres as the country has no dearth of electricity and its 500GW national grid can take care of surge in demand. During a press conference on energy sector, Goyal, former Power and New & Renewable Energy minister, said there is sufficient power capacity in the country. He said that the 500GW grid is one of the largest in the world. "...Europe does not have a national grid. Even the US does not have a national grid. But India has a national grid. So we are a preferred destination for data centres and as they are planning a growth in the years to come. There will be sufficient power available to make sure that we meet the need of our people, farmers, industry and commercial establishments including data centres and GCCs," Goyal said. This comes at a time when various tech giants including Google, Microsoft and AWS have evinced interest in investing in India. In October, Google announced that it ..

Updated On: 15 Dec 2025 | 4:52 PM IST

Delhi power demand hits November record; peak touches 4,486 MW in fortnight

Delhi's power demand surged in November as winter set in early, with peak load hitting 4,486 MW in the second half of the month. Discoms expect winter demand to rise further

Updated On: 03 Dec 2025 | 1:55 PM IST

US faces blackout risks this winter as data centres drive up power demand

Power consumption has grown 20 gigawatts from the previous winter, the North American Electric Reliability Corp. said Tuesday in its winter assessment

Updated On: 19 Nov 2025 | 7:41 AM IST

October power output sees sharpest drop since Covid as rains dampen demand

Growth in electricity use has tapered this year due to a broader economic slowdown and heavy rains, which have reduced cooling demand

Updated On: 03 Nov 2025 | 10:01 AM IST

SICSem begins India's first end-to-end chip manufacturing project in Odisha

Power electronics chip company SiCSem performed ground breaking ceremony here on Saturday for setting up the country's first end-to-end silicon carbide semiconductor production plant entailing investment of about Rs 2,000 crore. The integrated facility, expected to be operational by 2027-28, will have a capacity of processing 60,000 SiC wafers annually and packaging about 9.6 crore units. "?Our dream of bringing advanced technology to Odisha is coming true today, and our special focus is on enabling a seamless integration of industry and academia. "In this regard, we are partnering with IIT Bhubaneswar for a semiconductor research lab. I recently had the honour of approving Rs 4.95 crore from the MPLAD for establishing the NaMo Semiconductor Lab," Union IT and Electronics Minister Ashwini Vaishnaw said on the occasion through a video message. Silicon carbide chips are used for handling high voltage application in products like renewable energy, electric vehicle, power inverters, ..

Updated On: 01 Nov 2025 | 7:16 PM IST

India considering $12 billion plan to bail out state power distributors

The Power Ministry and the Ministry of Finance are discussing the final details of the bailout, with an announcement expected in the February budget, said two of the government sources

Updated On: 29 Oct 2025 | 5:58 PM IST

India's power output growth slows in September as industrial momentum eases

Power output rose 3.2% year-on-year but fell short of August's 4% growth, marking the first monthly drop in three months, according to daily analysis of Grid India data

Updated On: 03 Oct 2025 | 6:37 PM IST

Govt extends NTPC CMD Gurdeep Singh's tenure by one year till July 2026

The government has extended the tenure of Gurdeep Singh as Chairman and Managing Director (CMD) of NTPC by one year, an official notification said. Singh who was due to retire on July 31, will now lead the power giant for till July-end 2026. NTPC is India's largest power producing entity under Ministry of Power. The Appointments Committee of the Cabinet (ACC) has approved the proposal of the Ministry of Power for re-employment of Shri Gurdeep Singh as Chairman and Managing Director (CMD), NTPC (India) Limited on contract basis for a period of one year beyond the date of his superannuation i.e. w.e.f. 01.08.2025 till 31.07.2026, the Department of Personnel & Training said in a notification. In May, the government headhunter PESB found none of the dozen candidates suitable for the role of chairman and managing director of India's biggest power producer NTPC, as its string of struggle in finding the right candidates for top job at PSUs continued. The Public Enterprise Selection Board

Updated On: 17 Jul 2025 | 10:55 AM IST

Thermal power segment to attract ₹2.3 trn investments over 3 yrs: Crisil

The thermal power segment is expected to attract Rs 2.3 lakh crore worth of investments over the next three fiscals, on account of renewed focus to help meet India's growing energy demand, Crisil Ratings said on Wednesday. The capital expenditure in thermal power stood at Rs 1.1 lakh crore over the three fiscals through 2025, Crisil Ratings said in a report. "Investments to set up thermal electricity generation capacities will double to Rs 2.3 lakh crore over the three fiscals through 2028, compared with the preceding three fiscals, because of renewed focus on the segment to help meet India's growing demand for energy and base load power requirement," it said. In the preceding three fiscals, private companies accounted for only 7-8 per cent of the investments. On expanded investment levels over the next three fiscals, private companies will contribute nearly a third, with central and state public sector undertakings accounting for the balance. The government has set a target of at

Updated On: 16 Jul 2025 | 5:42 PM IST

NSE launches out monthly electricity futures to hedge price volatility

The National Stock Exchange of India (NSE) on Monday launched monthly electricity futures contracts which allow power buyers, sellers, traders and retailers to manage price risks. As of 2 pm, the contracts recorded more than 4,000 lots, representing more than 200 million units of electricity. The total turnover of trade has crossed 87.36 crore, with the volume-weighted average price recorded at Rs 4,368/MWh (megawatt-hour), the exchange said in a statement. "The first trade opened at Rs 4,430/MWh, and as of the reporting time, the price was trending around Rs 4,364/MWh, reflecting healthy participation across participants including power generators, discoms, large industrial consumers, and market intermediaries, it said. According to the exchange, the launch provides a transparent, risk-managed platform for participants to hedge electricity price volatility, support long-term power planning, and contribute to country's broader energy transition goals.

Updated On: 14 Jul 2025 | 3:43 PM IST

Power consumption dips slightly by 1.5% to 150.04 bn units in June

Power consumption in the country dipped slightly by 1.5 per cent to 150.04 billion units (BU) in June, compared to the year-ago period, mainly due to reduced usage of cooling appliances amid early onset of monsoon. Power consumption was recorded at 152.37 BU in June, 2024, according to official data. Experts believe the early arrival of monsoon affected the power consumption as well as demand in June. The highest supply in a day (peak power demand met) in June also dipped to about 242.49 GW last month, from around 244.52 GW in June 2024. The peak power demand was about 231 GW. It had touched an all-time high of about 250 GW in May 2024. The previous all-time high peak power demand of 243.27 GW was recorded in September 2023. According to government estimates, peak power demand was expected to touch 277 GW in the summer of 2025. According to the Indian Meteorological Department (IMD), the monsoon hit the Kerala coast on May 24, 2025, eight days ahead of schedule. The widespread

Updated On: 01 Jul 2025 | 2:32 PM IST

Tata Power-DDL, Nissin Electric to install India's first micro substation

Tata Power-DDL, in collaboration with Japan-based Nissin Electric Co Ltd, has commissioned India's first micro substation with power voltage transformer (PVT) that will provide low-cost and reliable power supply to consumers. Micro substation with PVT can convert high-voltage power directly from transmission lines to low voltage power, suitable for residential consumers, a statement said. Tata Power-DDL, a leading power utility serves around 9 million consumers in North Delhi. The project is a part of International Demonstration Project on Japan's Energy Efficiency Technologies, publicly solicited by the New Energy and Industrial Technology Development Organization (NEDO). To commence this project, Tata Power Delhi Distribution Ltd (Tata Power -DDL) and Nissin Electric signed a project agreement on August 21, 2024. The introduction of micro substation with PVT technology is primarily aimed at low cost and reliable power supply to remote load centers with challenging terrains. It

Updated On: 23 Jun 2025 | 8:41 PM IST

EPTA urges extension of ISTS charges waiver for green projects to 2026

Apex industry body Electric Power Transmission Association (EPTA) on Monday urged the government to safeguard the viability of around 30 GW clean energy projects facing risks from delays beyond the control of developers by extending the Inter-State Transmission System (ISTS) charges waiver till March 2026. Investments of about Rs 2 lakh crore will be impacted if a relief is not given to the players in the form of extension in the waiver, G P Upadhyaya, the Director General of EPTA said while speaking to the media in the national capital. The government had announced a waiver for solar and wind projects to be set up and commissioned by June 30, 2025. Upadhyaya said "around 30 GW green capacity are under advance stages of development across various states. These projects are unlikely to be set up before June this year on account of multiple reasons". The capacity has been delayed due to reasons beyond power companies' control and they may move to CERC (Central Electricity Regulatory

Updated On: 23 Jun 2025 | 5:06 PM IST