Page 2 - Electricity Sector

India's power output hits fastest growth in 5 months on industrial boost

The sustained growth in renewable energy capacity has aided in lowering India's dependence on coal for power generation this year

Will provide uninterrupted electricity to farmers: Rajasthan energy min

State's Energy Minister Hiralal Nagar directed the managing directors of discoms or power distribution corporations to prepare an action plan to reduce power losses

BS Infra Summit: Clean energy's rise doesn't dent fossil fuel dominance

Twelve years on, fossil fuels still hold the same share in India's electricity, no matter how fast solar and wind grow

Sunsure Energy, NVVN sign 500 MWh BESS pact for power supply to UPPCL

Sunsure Energy on Thursday said it has inked a pact with NTPC Vidyut Vyapar Nigam for 500 MWh peak power supply from battery energy storage system to Uttar Pradesh Power Corporation. Sunsure Energy, renewable energy solutions provider for businesses and utilities transitioning to green power, is proud to announce the signing of a Battery Energy Discharge Purchase Agreement (BEDPA) with NTPC Vidyut Vyapar Nigam Ltd (NVVN), a wholly owned subsidiary of NTPC Ltd, securing a capacity of 125MW/500MWh, a company statement said. Backed by a 15-year agreement, Sunsure will supply power to NVVN with Uttar Pradesh Power Corporation Ltd (UPPCL) being the end procurer. Under the agreement, Sunsure will set up a standalone Battery Energy Storage System (BESS) under the buildownoperate model at Garautha substation (400/220 kV) in Jhansi, Uttar Pradesh. The project marks Sunsure's first long-term power supply agreement through BESS. Through the agreement, Sunsure will deliver 4 hours of on-deman

The stealth reform of India's electricity sector gains quiet traction

To ease utility opposition and win approval, renewables are framed as captive generation-meant to meet the developer's own energy needs

Supreme Court pulls up states, discoms; sets April 2028 dues deadline

A regulatory asset is an intangible asset created by electricity discoms to account for the gap between the price at which they purchase power and the price at which they sell it to customers

IBA urges govt to provide concessional electricity tariff for CBG plants

Indian Biogas Association (IBA) has urged the Ministry of Petroleum and Natural Gas to provide a concessional electricity tariff for compressed biogas (CBG) plants to boost the clean energy transition. In a comprehensive submission to the ministry, IBA stressed that the cost of electricity is a significant operational expense, averaging 30 per cent of overall OPEX, ranging between 20 per cent and 48 per cent, based on the feedstock used and the scale of the plant, an IBA statement said. According to the statement, IBA has suggested that the government should grant concessional electricity rates to CBG plants, which are at a disadvantage due to high industrial electricity charges that account for as high as 48 per cent of their running costs. The association's detailed cost study indicates that at an average industrial tariff of Rs 7 per kWh, electricity takes up a significant portion of the overall operating costs of commercial-scale CBG plants, like 34 per cent in paddy straw-based

HP electricity board records ₹315 cr profit in FY25 after years of losses

The Himachal Pradesh State Electricity Board Limited (HPSEBL) turned profitable in financial year 2024-25, earning a profit of Rs 315 crore, an official statement said. Until March 31, 2024, HPSEBL had accumulated losses amounting to Rs 3,742 crore. "After facing losses for many years, this is the highest profit ever recorded by the board. This milestone is not just a number, but a reflection of the commitment of the present state government to its vision of a 'Nai Soch, Naya Himachal'," a government spokesperson said in the statement. The present Himachal government, through its reforms, transparent administrative policies and financial discipline helped the board recover from losses and turn profitable, he said. Chief Minister Sukhvinder Singh Sukhu said the success was the result of a clear policy, honest governance and a welfare-oriented approach. As per the statement, for 2024-25, an amount of Rs 368.89 crore was approved for gratuity, medical reimbursement, revised pension .

India's electricity demand to grow just 4% in 2025 amid cooler summer: IEA

India's electricity demand is expected to grow by a moderate 4 per cent in 2025, after cooler summer temperatures in the first half of the year reduced consumption and shifted peak load to September, the International Energy Agency (IEA) said. In its mid-year update on electricity, IEA said while global power demand is rising much faster than the forecast for the 2025-2026 period than it did during the past decade, electricity demand in China and India is expected to rise at a more moderate pace in 2025 than the rapid growth seen in 2024. "After 6 per cent growth in 2024, electricity demand in India is forecast to rise by 4 per cent this year," it said. IEA projected Chinese consumption to rise 5 per cent in 2025, down from 7 per cent in the previous year. However, China alone will account for 50 per cent of global electricity demand growth, as it did in 2024. "In India, the impact of global economic uncertainties on industrial activity and cooler summer temperatures compared to 20

JSW Energy signs electricity supply pact with BESCOM for solar project

JSW Energy on Thursday said its step-down subsidiary JSW Renew Energy Forty Five has inked a power purchase agreement with Bangalore Electricity Supply Company (BESCOM) for a grid connected 100 MW Solar Project. The Power Purchase Agreement (PPA) has been signed for a tenure of 25 years at a tariff of Rs 4.31 per kWh. In a regulatory filing, the company said JSW Renew Energy Forty Five Ltd, a step-down subsidiary of JSW Energy, has signed power purchase agreement with BESCOM for a grid connected 100 MW solar project with 100 MWh Battery Energy Storage System (BESS). The aforesaid project will be developed on a designated site and connected to the 220/400 kV KPTCL Firozabad substation in Kalaburagi district, a company statement said. Subsequent to this, the company's total locked-in energy storage capacity stood at 29.4 GWh, including 3.0 GWh of BESS and 26.4 GWh of Pumped Hydro Storage. The company is well positioned to achieve its target of 40 GWh of energy storage by 2030.

Juniper Green Energy commissions additional 43 MWp in Maharashtra

Juniper Green Energy on Tuesday announced the commissioning of an additional 43 MWp at its power project site in Wardha, Maharashtra. The project supplies power to Maharashtra State Electricity Distribution Company Ltd (MSEDCL), through its subsidiary, Juniper Green Power Five Pvt Ltd, a company statement said. This marks the completion of the entire 103 MWp solar component of the 129 MWp hybrid power project. With this, Juniper Green Energy has commissioned the solar capacity in two phases -- 59.55 MWp on June 6, 2025, followed by 43 MWp on July 14, 2025 -- achieving full solar capacity within just eight months of signing the PPA (power purchase agreement. This execution brings the solar portion of the hybrid power project online nearly 16 months ahead of its scheduled commissioning date of November 17, 2026. "This achievement highlights our significant contribution to India's increasing need for clean energy," said Ankush Malik, Chief Executive Officer, Juniper Green Energy. Ju

Bernstein expects markets to consolidate; sees Nifty at 26,500 by 2025-end

As a strategy, they have moved utilities sector to equal weight. Financials, Telecom, small discretionary, remain their overweight sectors.

Are we ready to handle market manipulations in electricity derivatives?

Regulators must not only anticipate the nature of manipulative strategies but act decisively to prevent their execution

Hindustan Power commences work on 435 MWp solar project in UP

Hindustan Power has commenced work on a 435 megawatt peak (MWp) solar power project at Lalitpur in Uttar Pradesh. Awarded by the Uttar Pradesh Power Corporation Ltd (UPPCL) through a competitive process in April 2025, the project will supply clean electricity to the state for the next 25 years, the company said in a statement. The initiative will also create new jobs and help drive sustainable growth in the local community. The company did not provide any further details related to the project cost and tariff at which the clean power will be supplied to the state. Hindustan Power is a leading integrated power generation company in India with a focus on renewable and transitional energy generation.

From a Village without Electricity to Powering India's Green Revolution: The Inspiring Journey of Gautam Das

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IEX Q1 power trade rises 15%, REC volumes jump 149% amid price drop

Lower demand from early monsoons and higher renewable supply drove prices down, while IEX saw strong growth in real-time trading and a surge in renewable energy certificate volumes

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

Power ministry launches task force to develop India energy stack platform

The Ministry of Power on Saturday announced the launch of a task force to conceive the India Energy Stack (IES), an initiative aimed at creating a unified, secure, and interoperable digital public infrastructure (DPI) for the energy sector. The IES will play a vital role in integrating renewable energy, enhancing DISCOM efficiency, and delivering transparent, reliable, and future-ready power services, an official statement quoted Power Minister Manohar Lal Khattar as saying. There is an urgent need for developing robust DPI in the power sector to manage the country's rising demand, ensure grid stability, and empower consumers. What Aadhaar did for identity and UPI achieved for digital payments, the India Energy Stack will accomplish for the power sector - unlocking seamless, secure, and consumer-centric energy services for every citizen," he added. As India charts its path to becoming a USD 5 trillion economy and advances towards its net-zero commitments, the power sector faces bot

NSE lays the ground work for an early launch of electricity futures

NSE to roll out monthly electricity futures contracts after Sebi approval, with future plans to introduce CfDs to offer price certainty for renewable energy firms

NTPC working on 20 GW PSPs; aims to commission 5 GW by FY32: Official

NTPC Group is working on pumped storage projects totalling 20 GW capacity at multiple sites across the country, a senior company official has said. The company plans to commission 3-5 GW of such projects by 2031-32 fiscal. "...NTPC Group is working on pipeline of pumped storage projects to the tune of 20 GW in NTPC and its hydro subsidiaries," the official said. THDC India, a subsidiary of NTPC, has constructed a 1,000 MW (250 MW X 4 units) PSP project at Tehri in Uttarakhand. The first unit began commercial supply of electricity earlier this month. "We will see our first 1,000 MW PSP commissioned through Tehri PSP in FY26, with 3-5 GW more by FY32," he said. PSP assets offer over 40 years of operational life and regulated returns. As critical infrastructure for India's renewable transition, they add long-term stability to our energy portfolio, ensuring sustainable growth while advancing energy security and climate goals, the official said. Further, he said, "We have completed ..