Power Sector

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

Delhi's electricity demand crossed 8 GW for the fourth time in six days as soaring temperatures pushed peak power consumption to a record May high

The CEA wants a new fixed-charge framework to help discoms recover costs, but experts say tariff redesign cannot replace operational and regulatory reforms

The country's peak electricity demand touched a fresh record for the third straight day as severe heatwave conditions continued across several regions

The T&D value chain, particularly segments focused on high voltage transformers, continues to benefit from a robust capex outlay, say analysts at Motilal Oswal.

India's tighter DSM rules aim to improve grid discipline amid rising renewable energy penetration, but industry experts say wider reforms are needed to balance stability and project viability

While valuations across several utilities have rerated sharply and now trade above historical averages, the sector's structural growth drivers continue to support a favourable long-term outlook

Torrent Power reported a consolidated net profit of ₹318 crore, down 69 per cent year-on-year from ₹1,060 crore in the year-ago period

Union Minister Pralhad Joshi said renewable energy adoption criteria will be linked to fiscal incentives and interest-free loans for states

Rising renewable energy generation, erratic weather patterns and supply-demand mismatches are triggering sharp swings in India's spot electricity prices across market segments