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NTPC has reported about 13 per cent year-on-year growth in power generation to 117.9 billion units (BUs) in July-September from 104.4 BUs in the year-ago quarter. "NTPC recorded robust growth across generation, coal dispatch and power trading, reflecting sustained operational efficiency," the company said in a statement on Thursday. Coal dispatch during Q2 FY 2026-27 stood at 11.899 million metric Tonnes (MMT), compared to 9.260 MMT in Q2 FY 2025-26, marking a significant year-on-year growth of 28.45 per cent, NTPC said. Its power trading volume also rose 22 per cent to 15.06 BU in Q2 FY2026-27 from 12.34 BU in Q2 FY26. Under the Ministry of Power, NTPC is India's largest power generation company, catering to the country's one-fourth energy demand alone. NTPC has an installed capacity of over 91 GW, with another 35 per cent GW under construction.
Chennai-based engineering firm Kshema Power on Thursday said it has secured an order from Oyster Green Hybrid Three Pvt Ltd to develop a 33 kV/220 kV AIS power substation for a 350 MW wind-solar hybrid project in Madhya Pradesh. Together, the two companies will deliver infrastructure that will enhance clean energy evacuation capacity in one of India's fastest-expanding renewable corridors, a company statement said. According to the statement, under the contract, Kshema Power will undertake the supply, erection, testing, and commissioning of a 51-kilometre transmission line, along with the design, engineering, supply, installation, civil works, testing, and commissioning of an AIS substation. The installation will serve as the backbone of power evacuation for Oyster Green Hybrid Three's hybrid project, enabling efficient and reliable integration of wind and solar power into the grid. The project is expected to be completed by July 2026. Abhinand Basant, Deputy Managing Director, Ksh
The government is looking to add up to 13 GW of hydro pumped storage projects (PSPs) annually, over four-fold from current levels of addition, to have 50 GW of such capacity by 2032, a senior official said on Monday. Ghanshyam Prasad, Chairperson of Central Electricity Authority (CEA), made the remarks at the 'Conference on Energy Storage - Driving the Clean Energy Transition' in the national capital. The hydro pumped storage has taken a big leap now, and from this year onwards, roughly 3 gigawatts (GW) of PSPs will get added on an average every year, he said addressing the event organised by the Ministry of New and Renewable Energy (MNRE). "...from (FY) 2028-29 you will find it going in the double digit as well, roughly 10 GW to 13 GW (capacity) getting added each year so that means that multiplied by five times will be the gigawatt hours that will start getting integrated into the systems," he said. By 2032, the target is somewhere around 50 GW capacity coming from the hydro pump
The government on Thursday said that the GST reforms will bring down the overall tax on coal and reduce the cost of power generation. Earlier, coal attracted 5 per cent GST along with a compensation cess of Rs 400 per tonne. The GST Council has recommended the removal of the GST Compensation cess and an increase in the GST rate on coal from 5 per cent to 18 per cent. The new reforms bring down the overall tax on coal grades G6 to G17, which is in the range of Rs 13.40 per tonne to Rs 329.61 per ton. "The average reduction for the power sector is Rs 260 per tonne, which will reduce the cost of generation by 17 to 18 paise/kWh," the coal ministry said in a statement. The reforms will also help in rationalisation of tax burden on coal vis- -vis its pricing. Earlier, a flat rate of Rs 400 per tonne was imposed as GST compensation cess without considering coal quality. This disproportionately affected low-quality and low-priced coal. For example, G-11 non-coking coal, which is the majo