Power Sector

Ambit Capital sees the BESS market entering a reset phase, citing rising costs, aggressive bids, project delays, and battery life-cycle uncertainties as key challenges for utilities.

Equirus Securities has assigned a target price of ₹653 for JSW Energy, implying an upside of 15 per cent. Similarly, Torrent Power received a target price of ₹1,515, suggesting over 5 per cent upside

Tata Power targets Rs 1 lakh crore in revenue and Rs 10,000 crore in PAT by 2030, while expanding into nuclear power, battery storage and solar manufacturing in Odisha

India's hydropower generation fell by 6.3 GW year-on-year in June 2026 as El Niño affected rainfall, with higher coal-fired generation offsetting much of the shortfall, S&P Global said

Even after matching CEA targets with current capacity and factoring in demand from data centres, automobiles and railways, demand will still far exceed supply

Improved domestic coal supplies helped reduce import dependence, with power sector imports falling nearly 25 per cent even as coking coal purchases edged higher

Antique said that it prefers companies with exposure to firm power generation and transmission-linked opportunities. It has maintained a 'Buy' rating on NTPC, Adani Power, and ACME Solar.

In a boost to Haryana's power sector reforms, the Distribution Reforms Committee (DRC) chaired by State Chief Secretary Anurag Rastogi has approved additional power infrastructure works worth Rs 912.70 crore under the Revamped Distribution Sector Scheme (RDSS). This paves the way for major upgrades in the state's electricity distribution network. The committee also approved forwarding the proposal to the Power Finance Corporation (PFC) and the Ministry of Power for consideration and approval by the Monitoring Committee under RDSS, according to an official statement. The decision comes at a time when Haryana's power distribution companies have emerged among the country's best-performing utilities, recording substantial reductions in line losses and significant improvements in operational efficiency, it said. During the meeting on Friday, the chief secretary reviewed the progress of RDSS projects being implemented by Dakshin Haryana Bijli Vitran Nigam Ltd (DHBVNL) and Uttar Haryana ..

he brokerage has picked NTPC as its top bet in the sector, followed by JSW Energy and Power Grid, while Adani Green, Adani Power, and Adani Energy Solutions are placed lower in its pecking order

A robust order pipeline and long-term power-sector expansion support BHEL's growth outlook, but sustained margin gains and timely execution remain critical

Industry groups estimate the tougher regime could cut revenue by about 11 per cent for solar projects and as much as 48 per cent for wind farms

The government has appointed V Packirisamy as Director (Commercial) at Power Finance Corporation Limited (PFC), effective June 2, a statement said on Tuesday. He was serving as Executive Director, Entity Appraisal & IT, PFC, the company said in an exchange filing. Packirisamy brings over three decades of extensive experience in the power sector and infrastructure finance. He holds a BE (Mechanical) and an MTech (Management and Systems) from IIT Delhi. The official began his professional career in 1989 and joined PFC in 1997. Over the years, he played a pivotal role in expanding the organisation's operations and strengthening its appraisal and risk management frameworks, significantly contributing to the growth of PFC's loan portfolio. He has been instrumental in several key institutional initiatives, including the development of methodologies for categorising state generation and transmission utilities, formulation of the Integrated Rating Framework for Power Distribution ...

India's power consumption grew 11.55 per cent year-on-year to 164.98 billion units (BU) in May, as heat wave conditions across the country pushed usage of cooling appliances like air conditioners and desert coolers, according to official data. The country's total power consumption was 147.89 BU in May 2025. The peak power demand jumped to an all-time record high of 270.82 GW last month from 230.99 GW recorded in May 2025 amid heat wave conditions. The peak power demand touched an all-time record high for four days in a row in May this year. The peak power demand was at a record high of 257.37 GW on May 18, 260.45 GW on May 19, 265.44 GW on May 20 and 270.82 GW on May 21. The peak power demand was at a record high of 256.11 GW on April 25. Earlier, the peak power demand had touched an all-time high of about 250 GW in May 2024. According to the power ministry, peak power demand was projected to hit 270 GW in the summer of 2026. Last summer, the peak power demand was 242.77 GW, r

Power minister Manohar Lal says the phased programme will cover nearly two crore consumers, with smart meters first being installed in government offices and campuses

Large swathes of India have suffered from blistering heat waves this summer, with sweltering temperatures around-the-clock pushing peak electricity demand to new highs

Shares of power companies surged as investors cheered strong order books, renewable energy demand and robust earnings visibility across the sector

Siemens Energy, CG Power and Industrial Solutions, GE Vernova T&D India, Thermax, ABB India, Hitachi Energy India, Siemens and Adani Green Energy were up in the range of 4-8% in Wednesday's trade.

Coal India said current coal inventories across power plants, mine heads and transit points are sufficient to meet rising summer electricity demand without supply disruptions

India's carbon market framework is moving towards implementation under the CCTS, but experts warn that verification gaps, weak penalties and limited sectoral coverage remain major concerns

The state-run power company attracted bids worth Rs 8,700 crore for its 15-year bond issue amid strong demand for top-rated long-duration debt instruments