Power

Delhi power demand hits November record; peak touches 4,486 MW in fortnight

Delhi's power demand surged in November as winter set in early, with peak load hitting 4,486 MW in the second half of the month. Discoms expect winter demand to rise further

US faces blackout risks this winter as data centres drive up power demand

Power consumption has grown 20 gigawatts from the previous winter, the North American Electric Reliability Corp. said Tuesday in its winter assessment

October power output sees sharpest drop since Covid as rains dampen demand

Growth in electricity use has tapered this year due to a broader economic slowdown and heavy rains, which have reduced cooling demand

SICSem begins India's first end-to-end chip manufacturing project in Odisha

Power electronics chip company SiCSem performed ground breaking ceremony here on Saturday for setting up the country's first end-to-end silicon carbide semiconductor production plant entailing investment of about Rs 2,000 crore. The integrated facility, expected to be operational by 2027-28, will have a capacity of processing 60,000 SiC wafers annually and packaging about 9.6 crore units. "?Our dream of bringing advanced technology to Odisha is coming true today, and our special focus is on enabling a seamless integration of industry and academia. "In this regard, we are partnering with IIT Bhubaneswar for a semiconductor research lab. I recently had the honour of approving Rs 4.95 crore from the MPLAD for establishing the NaMo Semiconductor Lab," Union IT and Electronics Minister Ashwini Vaishnaw said on the occasion through a video message. Silicon carbide chips are used for handling high voltage application in products like renewable energy, electric vehicle, power inverters, ..

India considering $12 billion plan to bail out state power distributors

The Power Ministry and the Ministry of Finance are discussing the final details of the bailout, with an announcement expected in the February budget, said two of the government sources

India's power output growth slows in September as industrial momentum eases

Power output rose 3.2% year-on-year but fell short of August's 4% growth, marking the first monthly drop in three months, according to daily analysis of Grid India data

Govt extends NTPC CMD Gurdeep Singh's tenure by one year till July 2026

The government has extended the tenure of Gurdeep Singh as Chairman and Managing Director (CMD) of NTPC by one year, an official notification said. Singh who was due to retire on July 31, will now lead the power giant for till July-end 2026. NTPC is India's largest power producing entity under Ministry of Power. The Appointments Committee of the Cabinet (ACC) has approved the proposal of the Ministry of Power for re-employment of Shri Gurdeep Singh as Chairman and Managing Director (CMD), NTPC (India) Limited on contract basis for a period of one year beyond the date of his superannuation i.e. w.e.f. 01.08.2025 till 31.07.2026, the Department of Personnel & Training said in a notification. In May, the government headhunter PESB found none of the dozen candidates suitable for the role of chairman and managing director of India's biggest power producer NTPC, as its string of struggle in finding the right candidates for top job at PSUs continued. The Public Enterprise Selection Board

Thermal power segment to attract ₹2.3 trn investments over 3 yrs: Crisil

The thermal power segment is expected to attract Rs 2.3 lakh crore worth of investments over the next three fiscals, on account of renewed focus to help meet India's growing energy demand, Crisil Ratings said on Wednesday. The capital expenditure in thermal power stood at Rs 1.1 lakh crore over the three fiscals through 2025, Crisil Ratings said in a report. "Investments to set up thermal electricity generation capacities will double to Rs 2.3 lakh crore over the three fiscals through 2028, compared with the preceding three fiscals, because of renewed focus on the segment to help meet India's growing demand for energy and base load power requirement," it said. In the preceding three fiscals, private companies accounted for only 7-8 per cent of the investments. On expanded investment levels over the next three fiscals, private companies will contribute nearly a third, with central and state public sector undertakings accounting for the balance. The government has set a target of at

NSE launches out monthly electricity futures to hedge price volatility

The National Stock Exchange of India (NSE) on Monday launched monthly electricity futures contracts which allow power buyers, sellers, traders and retailers to manage price risks. As of 2 pm, the contracts recorded more than 4,000 lots, representing more than 200 million units of electricity. The total turnover of trade has crossed 87.36 crore, with the volume-weighted average price recorded at Rs 4,368/MWh (megawatt-hour), the exchange said in a statement. "The first trade opened at Rs 4,430/MWh, and as of the reporting time, the price was trending around Rs 4,364/MWh, reflecting healthy participation across participants including power generators, discoms, large industrial consumers, and market intermediaries, it said. According to the exchange, the launch provides a transparent, risk-managed platform for participants to hedge electricity price volatility, support long-term power planning, and contribute to country's broader energy transition goals.

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

Tata Power-DDL, Nissin Electric to install India's first micro substation

Tata Power-DDL, in collaboration with Japan-based Nissin Electric Co Ltd, has commissioned India's first micro substation with power voltage transformer (PVT) that will provide low-cost and reliable power supply to consumers. Micro substation with PVT can convert high-voltage power directly from transmission lines to low voltage power, suitable for residential consumers, a statement said. Tata Power-DDL, a leading power utility serves around 9 million consumers in North Delhi. The project is a part of International Demonstration Project on Japan's Energy Efficiency Technologies, publicly solicited by the New Energy and Industrial Technology Development Organization (NEDO). To commence this project, Tata Power Delhi Distribution Ltd (Tata Power -DDL) and Nissin Electric signed a project agreement on August 21, 2024. The introduction of micro substation with PVT technology is primarily aimed at low cost and reliable power supply to remote load centers with challenging terrains. It

EPTA urges extension of ISTS charges waiver for green projects to 2026

Apex industry body Electric Power Transmission Association (EPTA) on Monday urged the government to safeguard the viability of around 30 GW clean energy projects facing risks from delays beyond the control of developers by extending the Inter-State Transmission System (ISTS) charges waiver till March 2026. Investments of about Rs 2 lakh crore will be impacted if a relief is not given to the players in the form of extension in the waiver, G P Upadhyaya, the Director General of EPTA said while speaking to the media in the national capital. The government had announced a waiver for solar and wind projects to be set up and commissioned by June 30, 2025. Upadhyaya said "around 30 GW green capacity are under advance stages of development across various states. These projects are unlikely to be set up before June this year on account of multiple reasons". The capacity has been delayed due to reasons beyond power companies' control and they may move to CERC (Central Electricity Regulatory

Localising politics and power must be a global governance priority

The world, India included, must push power to the lowest levels of governance to avoid popular alienation from the political process

NTPC, Power Grid get new 'overweight' from JPMorgan on rising demand growth

The brokerage initiated coverage with a 'neutral' rating on Tata Power and Torrent Power while having an 'underweight' stance on JSW Energy

Delhi's power demand in December touches new heights at 5,213 MW

The plummeting temperature in Delhi has raised power demand to newer heights with December clocking a peak of 5,213 MW, the highest ever for the month, discom officials said. For the first time in Delhi's history, the peak power demand in December has crossed the 5,000 MW-mark, they said. As per the State Load Dispatch Centre (SLDC), power demand stood at 5,213 MW at 10:50 am on Tuesday, after touching 5,046 MW on Monday. Delhi's peak power demand in December was 4,884 MW in 2023, and 4,964 MW in 2022, discom officials said. The winter months in Delhi are expected to follow the record-breaking summer trend in peak power demand, which touched an unprecedented high of 8,656 MW this year. As per officials, the peak power demand in the capital this winter is expected to cross 6,300 MW. A BSES spokesperson said that green energy will meet up to 53 per cent of the over 3,900 MW peak power demand in areas under BSES Rajdhani Power Limited (BRPL) and BSES Yamuna Power Limited (BYPL). Ad

Govt urges states to consider setting nuclear plants, list power utilities

India's stringent nuclear compensation laws have hampered talks with foreign power plant builders

India expects 708 GW demand by 2047; 2,100 GW power generation capacity

India needs to increase its power generation capacity four-fold to 2,100 GW by 2047 against an anticipated demand of 708 GW, Union Power Minister Manohar Lal said on Monday. As per official data, India's total power generation capacity stood at around 453 GW as of September 30, while the government's projection for peak power demand this year was 260 GW. However, it could not be reached due to lower temperatures due to rains, and peak power demand remained around 250 GW. "By 2047, we anticipate our power demand to reach 708 gigawatts. To meet this, we need to increase our capacity by four times, i.e. 2,100 gigawatts," Lal said, addressing 'Brainstorming Conclave on Indian Power Sector Scenario by 2047', organised by Central Electricity Authority (CEA) in partnership with industry body Ficci. Ficci former president Subhrakant Panda said India's power sector presents vast opportunities in the transition to clean energy by 2070. The expanding renewable energy sector offers promising .

Seven dead as storm hits Brazil's Sao Paulo, 1.4 mn homes without power

At least seven people were killed after a brief but powerful storm swept through Sao Paulo, Brazil with around 1.4 million households in the South America's largest metropolis left without power on Saturday. Officials in Sao Paulo state said that record wind gusts Friday night of up to 67 mph (108 kph) knocked down transmission lines and uprooted trees, causing severe damage in some parts. The storm also shut down several airports and interrupted water service in several areas, according to the state government. One person died when a tree fell on an outdoor stall, authorities said. At least six other people in surrounding Sao Paulo state also died. Authorities originally expected to restore power within a few hours. But several neighborhoods in the metropolitan area, which is home to 21 million people, were still in the dark on Saturday, and authorities were urging residents to limit their consumption of water. Most of the disruptions were in the service area of a single utility,

Cement makers may end H1FY25 with higher raw material costs, weak pricing

In a judgement passed in August, the Supreme Court upheld states' authority to impose additional taxes on minerals, including limestone, with effect from April 2005

Petronet LNG signs agreement with Sri Lankan govt for power generation

The Sri Lankan government and a state-run Indian firm on Tuesday signed an agreement to develop infrastructure for storage, regasification and LNG supply for a combined cycle power plant in the island nation, according to the power and energy ministry here. The memorandum of understanding (MoU) was signed between Sri Lanka's LTL Holdings Limited and India's Petronet LNG Limited for the infrastructure development of the Sobadhanavi Combined Cycle Power Plant at Kerawalapitiya, north Colombo. The Sri Lankan Minister of Power and Energy, Kanchana Wijesekera, and the Deputy High Commissioner of India, Satyanjal Pandey, signed the MoU at a ceremony here. Wijesekara said the power generation could be as low as fifty per cent less here than generation through fuel usage. "MOU for the development of Storage facilities, Regasification unit in Kerawalapitiya and the supply of LNG for the Yugadhanavi, Sobadhanavi & other LNG power plants in Sri Lanka was signed today," Wijesekera said in a ..