Page 3 - Electricity Sector

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 ..

Nepal starts exporting 40 MW of electricity to Bangladesh via Indian grid

Nepal has begun exporting 40 MW of electricity to Bangladesh through an Indian transmission line. Nepal, India and Bangladesh signed a trilateral agreement on October 3, 2024 to export electricity produced by Nepal to Bangladesh via the Indian transmission line. A Nepalese official said the export of electricity to Bangladesh has started from Saturday midnight. As per the agreement, Nepal will export 40 MW of electricity from June 15 to November 15. The electricity will be transmitted to Bangladesh via India's 400-kV Muzaffarpur-Baharampur-Bheramara transmission line. Last year, Nepal exported electricity to Bangladesh on November 15, for a single day, as a token to implement the agreement. As per the bilateral agreement reached between Nepal and Bangladesh, Nepal will charge 6.4 US cents per unit of electricity. Bangladesh has agreed to import electricity from Nepal for the next five years.

KEC International bags ₹2,211 crore orders across T&D, cables, pipelines

The orders span transmission lines in Saudi Arabia, cable supply in multiple markets, and a second oil & gas terminal contract in Africa, taking total YTD order inflow past ₹4,200 crore

India's grid gets ready to deal with 'too much' green energy risk

As unprecedented amount of RE flows in, grid managers devise ways to prevent supply disruptions

Power to the people: Need for India to lay more transmission lines

High-voltage direct current transmission systems are central to the country's energy infrastructure

Adani Power Q4 results: Net profit falls 3.7% to ₹2,637 cr, revenue up 6.5%

The electricity producer's net profit was recorded at Rs 2,637 crore, down from Rs 2,737.96 crore a year ago

FinMin prods banks to speed up rollout of Pradhan Mantri Surya Ghar scheme

PMSGMBY is a solar energy scheme for both rural and urban households

India's IIP growth recovers to 3% in March, FY25 output at 4-year low

In March 2024, the IIP had grown by 5.4 per cent

Core sector growth rises slightly to 3.8% in March, shows govt data

In March 2024, core sector growth had stood at 6.3 per cent

Govt mulling scheme to lure users to replace old AC with new 5-star models

Consumers may be able to turn in their old units and receive a certificate that can be redeemed while purchasing a new five-star AC, that can save up to ₹6,300 a year in electricity bills

Country saw blackouts under Congress, now exporting electricity: PM Modi

Prime Minister Narendra Modi on Monday said there were blackouts when the Congress was in power before 2014 but India's power production has doubled in the last decade and it is exporting electricity. Addressing a gathering after laying the foundation stone of a 800-MW ultra critical modern thermal power unit at the Deenbandhu Chhotu Ram Thermal Power Plant here, the prime minister said Haryana is seeing double speed of the BJP's double-engine government. The thermal power unit, spread across 233 acres and worth around Rs 8,470 crore, is expected to become operational by March 2029. It will significantly boost Haryana's energy self-sufficiency and provide uninterrupted power supply across the state. Taking forward the vision of 'Gobardhan' (Galvanising Organic Bio-Agro Resources Dhan), Modi also laid the foundation stone of a compressed biogas plant in Mukarabpur here. The plant, slated for completion by 2027, will have an annual production capacity of 2,600 metric tonnes and will