Page 2 - Power Generation

Afghanistan inks $10 bn deal to generate 10K MW power across country

Acting Minister of Energy and Water Abdul Latif Mansoor said the deal marked a major achievement for the Islamic Emirate and a vital step toward the country's economic progress

NTPC Q1FY26 results: Profit rises 11% to ₹6,108.46 crore in April-June

State-owned power giant NTPC Ltd on Tuesday said its consolidated net profit increased 11 per cent to Rs 6,108.46 crore in June quarter. NTPC, the country's largest power generation company, had recorded a net profit of Rs 5,506.07 crore in the April-June period of preceding 2024-25 financial year. The company's revenues from operations came down to Rs 47,065.36 crore in the first quarter from Rs 48,528.88 crore in the same period a year ago. However, other income increased to Rs 755.75 crore from Rs 452.80 crore year-on-year. Total expenses were at Rs 42,539.94 crore as against Rs 41,844.18 crore in the corresponding quarter of FY25. However, NTPC brought down its fuel cost (a major component in power generation) to Rs 24,973.04 crore from Rs 27,844.82 crore in the year-ago quarter. Revenue from operations for the quarter ended June 2025 included Rs 2,331.44 crore on account of sale of energy through trading. Sale of energy through trading also includes exports amounting to Rs

India's daily thermal power output dips to record 62% low, RE's share rises

Share of core renewables touches a high of 17% for the first time, according to official data

India reaches 50% non-fossil power milestone ahead of 2030 target

India has achieved 50 per cent non-fossil fuel-based power generation capacity of 242.8 GW out of the total 484.8 GW installed capacity, five years ahead of its 2030 target, Union New & Renewable Energy Minister Pralhad Joshi said on Monday. This assumes significance in view of India's commitment at international fora to increased non-fossil fuel-based power generation in the country. India has set an ambitious target of having 500 GW of renewable energy-based electricity generation by 2030. "Under the visionary leadership of Hon'ble Prime Minister Shri @narendrmodi ji, a major climate commitment has been fulfilled. India's total installed power capacity now stands at 484.8 GW, with 242.8 GW coming from non-fossil fuel sources -- a powerful testament to our green progress. This is not just a milestone -- it's a giant stride towards a greener, cleaner Bharat by 2047," Joshi said on X. "Historic Green Leap for India! India achieves 50 per cent on non-fossil fuel capacity -- 5 years .

SECI inks power sale pacts for 60 GW of renewable energy over 14 years

State-owned Solar Energy Corporation of India (SECI) on Tuesday said it has achieved the milestone of executing over 60 Gigawatts (GW) of power sale agreements of renewable energy (RE) capacity in 14 years. The Power Sale Agreements (PSAs) cover a diverse portfolio of solar, wind, and hybrid energy projects, collectively representing a significant share of India's rising RE capacity, SECI said in a statement. Through these agreements, SECI guarantees long-term purchase of power generated, providing payment security to developers and investors while demonstrating the viability of renewable energy ventures in the country. Such long-term arrangements are critical to unlocking the full potential of India's RE sector, it said. "The signing of 60 GW worth of Power Sale Agreements within just fourteen years of establishment marks a pivotal moment for SECI's journey. SECI continues to be at the forefront of ensuring that India stays on track to meet its ambitious clean energy targets. We a

Nearly half of India's power generation capacity non-fossil: Govt data

Nearly half of India's installed power generation capacity of a total of 476 GW is non-fossil fuel-based as of June, but coal-based thermal electricity plays a critical part, according to government data. According to a government explainer on energy and environment issued on Sunday, India's total installed power capacity has reached 476 GW as of June 2025. Non-fossil fuel sources now contribute 235.7 GW (49%) of total capacity, including 226.9 GW renewable and 8.8 GW nuclear, it stated. As of June 2025, India's renewable energy includes 110.9 GW of solar and 51.3 GW of wind power installed capacity. In addition to the installed capacity, 176.70 GW worth of RE projects are under implementation, with 72.06 GW under bidding stages. It explained that thermal power remains dominant, accounting for 240 GW or 50.52 per cent of installed capacity. It noted that India's energy sector is heavily reliant on non-renewable thermal sources, which together account for the largest share of the

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

India cuts gas power capacity as idle plants turn permanently unusable

The nation's gas fleet totaled 20.1 gigawatts in April, compared with 25.2 a month earlier, data from the power ministry's Central Electricity Authority show

Public listing of power utilities likely to pick up pace across states

Tata Power is the leading private player in the power distribution segment, operating in parts of Delhi, Mumbai, and whole of Odisha as an electricity supplier

Solex Energy FY25 revenue rises 80% to Rs 665 cr in FY25, aims expansion

Solex Energy on Thursday reported a revenue of Rs 665 crore for FY25, marking an increase of over 80 per cent over the preceding fiscal. The company had garnered a revenue of Rs 368 crore in the 2023-24 financial year, it said in a statement. Approximately 22 per cent of the company's revenue comes from the EPC business, while the remaining portion is generated from the module business, the company said. It has reported a revenue of 665 crore, which is 80 per cent higher year-on-year (y-o-y), the company said. The company's Chairman & Managing Director (CMD) Chetan Shah said, "As we approach our 30th year in the industry, we remain dedicated to accelerating India's clean energy transition and expanding our global footprint." The company is bullish on the growing renewable energy market in India and has already announced a multi-crore investment plan under its vision 2030 strategy, he said. Gujarat-based Solex Energy has plans to increase its module manufacturing capacity from 1.5

NTPC Group power generation grows, adds 3,972 MW capacity in FY25

NTPC Group on Tuesday reported around 4 per cent rise in its power generation to 238.6 billion units (BUs) in the financial year ended March 31. During the FY25, the group added 3,972 MW of capacity, bringing its cumulative installed capacity to around 80 GW. Apart from operational capacity of 80 GW, additional 32 GW capacity, including 15 GW Renewable capacity, is under construction, NTPC Group said in a statement. The company aims to achieve 60 GW of renewable energy capacity by 2032. NTPC, under the Ministry of Power, is India's largest integrated power utility, contributing 1/4th of the power requirement of the country. The company has also ventured into various new business areas, including e-mobility, battery storage, pumped hydro storage, waste-to-energy, nuclear, and green hydrogen solutions.

Datta Power Infra, SJVN sign agreement for 70 MW wind project in India

Datta Power Infra on Thursday announced signing a power purchase agreement with state-owned SJVN to set up a 70 MW wind energy project. SJVN's WIND-1 initiative aims to develop 600 MW of ISTS-connected (Inter-State Transmission System) wind power projects across India, the company said in a statement. Varchasvi Gagal, Managing Director & CEO of Datta Power Infra, said: "We collaborate with SJVN Limited on this landmark 70-MW wind power project, which is a significant step toward strengthening India's renewable energy ecosystem". Datta Power Infra is focused on the end-to-end development of renewable energy projects, including building transmission lines and substations and undertaking engineering, procurement, and construction (EPC) for renewable energy projects. The company has a presence across states like Odisha, Chhattisgarh, Madhya Pradesh, Tamil Nadu, Andhra Pradesh, Karnataka, Maharashtra, and Rajasthan.

Over 2K delegates, members from 30 nations join Gridcon 2025 power summit

More than 2,000 delegates and 30 country-representatives are participating in the three-day power sector event GRIDCON 2025 which started on Sunday. Union Minister of Power and Housing & Urban Affairs Manohar Lal inaugurated GRIDCON 2025 The International Conference cum Exhibition on Sunday, a power ministry statement said. R.K. Tyagi, CMD, POWEGRID along with the directors and senior officials from Ministry and other power sector PSUs were present during the function. GRIDCON 2025 is a premier event in the power sector, for industry, utilities, professionals, researchers, and academicians across the global to shape the future of renewable integration, grid resilience, asset management, and digital transformation. With the theme Innovations in Grid Resilience the conference will focus on new technologies, infrastructure, and smart solutions that can revolutionize the way we generate, transmit, distribute, and consume energy, it stated. The event organized by Power Grid ...

SJVN Q3FY25 results: Net profit rises at 7% to Rs 149 cr on higher revenue

State-owned SJVN Ltd on Thursday posted a 7 per cent rise in consolidated net profit to Rs 148.75 crore in the December quarter on the back of higher revenues. The company posted a net profit of Rs 138.97 crore a year ago, as per a BSE filing. Total income rose to Rs 760.76 crore during the quarter from Rs 607.72 crore, it said. The board of directors has also approved interim dividend of Rs 1.15 per equity share for 2024-25. The record date for the interim dividend is February 21, 2025. The payment of dividend shall start from March 6, 2025 onwards.

DVC signs 25-year PPA with Haryana to supply 800 MW power from 2028

The Damodar Valley Corporation (DVC) has inked a 25-year power purchase agreement (PPA) with the Haryana Power Purchase Centre (HPPC) to export 800MW from 2028-29, a senior official said on Wednesday. The agreement marks a significant milestone in the partnership between DVC and HPPC, building on their existing PPA, under which the corporation already supplies 300 MW to Haryana from its operational units. The agreement, signed with the approval of the power ministry, will enable DVC to supply 800 MW from its three upcoming thermal units to Haryana. "Under the agreement, DVC will supply 300 MW from its Raghunathpur Thermal Power Station Phase-II (2x660 MW), 300 MW from Koderma Thermal Power Station Phase-II (2x800 MW), and 200 MW from Durgapur Thermal Power Station (1x800 MW). Supplies from all three power stations will begin in the fiscal 2028-29," DVC member (finance) Arup Sarkar said. The PPA was signed at HPPC's corporate office in the presence of senior officials from both ...

Doosan Skoda Power aims to raise up to $115 million in Prague IPO

Doosan Skoda Power is also offering up to 2.9 million new shares, which would increase its total number of shares to 31.9 million, valuing the firm at 8.3 billion crowns at the upper end of the IPO

China's rising power demand hinders climate goals as coal usage increases

But that hasn't happened so far, in large part because the nation's energy demand is growing unprecedentedly fast, requiring ever more coal to be burned. Electricity use grew 6.8 per cent last year

NTPC Renewable Energy starts 110 MW commercial supply from 2 solar projects

State-owned power giant NTPC on Friday said its step-down arm NTPC Renewable Energy has started commercial supply of 110 MW electricity from two different solar projects. With this, the total installed and commercial capacity of the NTPC group has now become 76,708.18 MW, a BSE filing stated. According to the filing based on the certificate issued on January 9, 2025, by Solar Energy Corporation of India (SECI), the second part capacity of 60 MW out of 320 MW Bhainsara Solar PV Project in Jaisalmer, Rajasthan of NTPC Renewable Energy Ltd (NTPC REL), a step-down subsidiary of NTPC Ltd through its subsidiary NTPC Green Energy Ltd, is declared on Commercial Operation with effect from January 7, 2025. The first part's capacity of 160 MW has already been declared for commercial operation from August 28, 2024. It further stated that the second part capacity of 50 MW out of 220 MW Shajapur Solar Project (Unit-II) at Shajapur, Madhya Pradesh of NTPC REL, is declared on commercial operation

India's 2024 power output growth slowest since Covid-19, shows data

Power output rose 5.8 per cent annually to 1,824.13 billion kilowatt-hours (kWh), an analysis of daily load despatch data from federal grid regulator Grid-India showed

India to boost power generation, transmission infra to attain power for all

India will set up more coal-fired and hydro-power plants and ramp up transmission infrastructure to achieve round-the-clock Power for All' in 2025, besides meeting rising demand fueled by economic expansion. To meet the growing energy demand, the government has devised a major plan for power generation capacity addition and the expansion of transmission infrastructure. According to Minister of State for Power Shripad Yesso Naik, India can definitely achieve 24x7' power for all with all the efforts in the ministry under the leadership of Prime Minister Narendra Modi. We can do it. In 2025, we will be almost there to have 24X7 power for all in the country," Naik told PTI. He also said that the government is ready to support the expansion plan of the power sector in view of rising demand. According to government estimates, peak power demand is expected to touch 270 GW in the summer season in 2025, up from the record high of 250 GW in May 2024 and 243 GW in September 2023. The peak po