Page 15 - Power Generation

NTPC Q3 net profit up 10% to Rs 3,315 crore, to pay interim dividend

The total income of the company was up 5.19 per cent to Rs 25,268.56 crore from Rs 24,022.62 crore a year ago

Power generation may further improve in fourth quarter: Ind-Ra

Power generation in the country would continue to grow in fourth quarter of this fiscal year, rating agency Ind-Ra said in a report

Tata Power Solar receives letter of award to build GSECL project

The firm has received a letter of award (LoA) to build 95 megawatt (MW) of solar photovoltaic project worth about Rs 460 crore for Gujarat State Electricity Corporation Ltd (GSECL)

Recovery tracker: Rail and power show some gains in first month of new year

Mobility and traffic congestion see a drop

Coal India says geared up to meet surge in fuel demand from power sector

State-owned Coal India Ltd said that it is well geared to meet any surge in demand for coal from the power sector

Recovery tracker: Power generation, pollution levels retreat from highs

Other indicators such as traffic and mobility, have been more resilient

Tata Power bags 110 MW solar power project worth Rs 488 cr from KSEB

The energy will be supplied to KSEBL under a Power Purchase Agreement (PPA), valid for a period of 25 years from the date of scheduled commercial operation

ADB to provide $231 mn loan to enhance power generation capacity in Assam

ADB will provide a $231 million loan to augment electricity generation capacity in Assam through construction of a 120-megawatt (MW) hydroelectric power plant

Delhi wants clean energy but idle fossil fuel power capacity is a headache

The effort underscores how India's electricity sector continues to struggle with debt and overcapacity after a massive build-out of plants to power a surge in economic activity

Recovery Tracker: Workplace visits gain; power generation and freight slip

Working from office had fallen by two-thirds at the height of the lockdown

Power giant NTPC declares Dulanga coal mine commercially operational

State-owned power giant NTPC on Monday said its Dulanga coal mine is commercially operational from October 1, 2020. "...based on achievement of approved norms and due approval; Dulanga Coal Mine (in Odisha) of NTPC Limited, having an ultimate peak rated annual capacity of 7 Million Tonnes Per Annum, is declared commercial operation from October 1, 2020, a BSE filing said. The central government has allocated nine coal blocks -- Pakri-Barwadih, Chatti-Bariatu & Chatti- Bariatu (South), Kerandari, Dulanga, Talaipalli, Banai, Bhalumuda, Mandakini-B and Badam -- directly to NTPC. Banhardih coal block, allocated earlier to the Jharkhand government, is now being developed by Patratu Vidyut Utapadan Nigam Ltd. PVUNL is a joint venture company of NTPC and the Jharkhand government. NTPC is planning to produce about 103 million metric tonnes (MMT) of coal per annum from these mines when all the mines reach the peak-rated capacity. Out of 10 blocks, three mines, Parkin-Barwadih, Dulanga and

Electric utilities stocks gain; Adani Power soars 20%, JSW Energy rises 14%

The S&P BSE Power index hit a 52-week high of 2,079, up 1.6 per cent.

Optimism on renewables

India will need increased effort to meet the targets

Weekly economic indicators: Power generation falls 3% below 2019 level

Freight growth weakens, traffic also falls in key cities

Weekly economic indicators: Power generation, traffic congestion dip

Other indicators too declined in the festive season from their gains in earlier weeks

Industrial production grows 0.2% in Sep; turns positive after 6 months

The industrial output grew by 0.2 per cent in September, according to the Index of Industrial Production (IIP) data

PTC India Q2 net profit down 3.8% to Rs 194 cr over lower power generation

Power trading solutions provider PTC India on Monday reported a 3.8 per cent decline in consolidated net profit at Rs 193.64 crore in the September quarter

Outstanding dues from power cos pose challenge: Coal India report

The cash flow problem arising out of the outstanding dues from state-owned power generation companies poses a challenge to Coal India Ltd as its management is deliberating on an interim dividend

Recovery tracker: Power puts a bright spot on otherwise lacklustre revival

Goods carried by train and workplace visits were among the high-frequency indicators that gave up some gains for the latest week

Triveni Turbines net down 51% to Rs 24.39 crore in July-September

Triveni Turbines on Monday reported over 51 per cent decline in its consolidated net profit to Rs 24.39 crore for the September quarter compared to the year-ago period mainly due to lower revenues.