Page 6 - Nandini Keshari

Tata Power plans to enter nuclear sector: Chairman N Chandrasekaran

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

Shift to proactive approach to tackle summer power outages: CEA to states

The Central Electricity Authority has urged states and discoms to strengthen planning, preventive maintenance and demand forecasting to minimise summer power outages and load shedding

Megha Engineering completes concrete pour for 700 MW PHWR at Kaiga plant

The milestone marks the completion of a major concrete pour for Kaiga Units 5 and 6, with the 700 MW PHWRs expected to achieve criticality around five years after construction began

Powergrid secures 80 billion yen green loan from JBIC for HVDC project

The funding from the Japan Bank for International Cooperation will support Powergrid's Khavda-Nagpur HVDC transmission project to evacuate renewable energy from Gujarat

Power ministry releases draft norms for unified electricity data-sharing

Power Ministry proposes a unified electricity data framework to standardise and share renewable, grid and market data via a national digital platform

Electricity spot prices jump 32% to ₹5.2/unit as June demand stays high

Strong electricity demand driven by heatwaves and a delayed monsoon lifted IEX spot power prices in June, while traded volumes and first-quarter electricity consumption also increased

CEA issues norms to reduce cost overruns in hydropower projects nationwide

The new guidelines recommend advanced geological investigations, greater transparency in tendering and continuous monitoring to reduce delays, disputes and cost overruns in hydropower projects

ACME JV secures subsidy from Japan for green ammonia project in Odisha

ACME Group and IHI Corporation's joint venture has secured support under Japan's price gap subsidy programme, boosting the bankability of its 405,000-tonne green ammonia project in Odisha

Union minister Pralhad Joshi inaugurates 950 MW solar projects in MP

The Union minister also laid the foundation stone for industrial and development projects worth Rs 1,593 crore, while highlighting competitive solar tariffs

Sterling and Wilson Renewable Energy secures $560 mn solar project in Egypt

The company, in a joint venture with Hassan Allam Construction, will develop a 1,000 MW solar project with a 600 MWh battery energy storage system in Egypt

Delhi's power demand touches record 8,748 MW, crosses last year's peak

The capital's peak electricity demand surpassed last year's record as power distribution companies met rising summer demand through long-term contracts and market purchases

Serentica Renewables to invest ₹1 trillion in Rajasthan renewable projects

KKR-backed Serentica Renewables plans to invest Rs 1 trillion in Rajasthan as it expands its solar and battery storage portfolio to support industrial decarbonisation

Planning to develop 11K Mw pumped storage capacity: Deepak Thakur

Hinduja Renewables plans to scale capacity to 10 GW by 2030, betting on solar, wind, hybrids and pumped storage to drive its next phase of growth

US probe found no Chinese cells in solar panels: Waaree Energies

Waaree Energies said a US Customs investigation found no evidence that it exported solar modules made with Chinese-origin cells and that its US operations remain unaffected

Power sector faces cost pressure from rising aluminium, copper prices

Rising aluminium and copper prices are driving up costs for India's power equipment and renewable energy sectors, squeezing margins and project economics

Adani Power targets 23.7 GW capacity addition by FY32 with ₹2 trn capex

The company plans to add 23,720 MW of thermal power capacity by FY32 through brownfield and greenfield projects, while Adani Energy Solutions outlined its expansion pipeline

Adani Power to invest over ₹2 trn in five years, target 45 GW capacity

Gautam Adani says the group is expanding across power, nuclear energy, transmission, ports, data centres and cement, backed by large-scale infrastructure investments

Govt extends Section 11 directions for Tata Power's Mundra plant till Sept

Ministry of Power extends validity of directions for the 4,150 MW Gujarat-based thermal plant by three months to ensure adequate electricity supply

Genus Power eyes large chunk of ₹60K crore smart electric meter tenders

Backed by GIC, Genus Power expects strong growth from India's smart metering drive and plans to install 2.4 crore meters over the next two to three years

Power demand rises 11% in May amid heatwave, higher output: Crisil

Prolonged heatwave conditions and higher manufacturing activity pushed India's power demand up 11.2 per cent year-on-year to 165 billion units in May