Power Projects

Power projects should be granted connectivity on basis of PPAs: CERC

A staff paper suggests shifting from LoA-based approvals to PPA-linked or auctioned connectivity to ensure timely project execution and better use of grid assets

Adani Power wins additional 800 MW LoA from MPPMCL, total at 1,600 MW

The project is expected to generate direct and indirect employment of around 9,000-10,000 during the construction phase

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

InoxGFL to invest Rs 50,000 crore in renewable energy operations by FY29

Hybrid power projects integrate two or more energy sources -such as solar and wind - to improve overall system efficiency and reliability

Power projects with ₹1 trn investment underway in Arunachal: CM Pema Khandu

Multiple hydro-power projects with an investment of over Rs one lakh crore are underway in Arunachal Pradesh to produce 18,000 MW of power, Chief Minister Pema Khandu has said. Five of these projects of 2,620 MW have been allocated by the state government to the North Eastern Electric Power Corporation Ltd (NEEPCO), five projects of 5,097 MW to Satluj Jal Vidyut Nigam Ltd (SJVN) and two projects with a capacity of 3,800 MW to the National Hydroelectric Power Corporation (NHPC). "As of now, on the ground, the work for generating a total of 18000 MW of hydro-power is on. In the coming days, we will add more projects. All these projects involved more than Rs 1 lakh crore investment," Khandu told PTI in an interview here. He said these projects were earlier allotted to private sector developers but remained non-starters due to various reasons. The Arunachal Pradesh government, therefore, decided to rope in central hydro PSUs to give a push to the languishing projects. "These projects .

Transrail Lighting expects to grab 8-10% of Power Grid contracts this year

Transrail Lighting, an EPC player in the transmission and distribution sector, expects to grab an 8-10 per cent market share in contracts by state-run transmission giant Power Grid Corporation this year, a top company official said. Power Grid Corporation of India Limited (Powergrid), under the Ministry of Power, is India's largest power transmission utility. It has announced a capital expenditure of Rs 28,000 crore for the ongoing FY26, Rs 35,000 crore for FY27 and Rs 45,000 crore for FY28. "Our current market share is around 8 per cent to 10 per cent and this is what we intend to achieve this year with Power Grid which is a good number and it gives us a good base to execute in India," Transrail Lighting Managing Director and CEO Randeep Narang said. On the company's order size, he said Transrail booked orders of Rs 9,680 crore in FY25 which is 120 per cent growth year on year (YoY). The company closed the year with a confirmed un-executed order book (UEOB) of Rs 14,551 crore, and

NTPC Green shares climb 4% after arm inks 1000 MW PPA with UP Power Corp

NTPC Green share price rises 4 per cent as arm inks PPA 1000 MW capacity in UPPCL's Solar PV Power Project

Adani Power charges up 7% on securing 1,500 MW order from UP Power Corp

Adani Power share price: In the past one year, Adani Power shares have lost around 14 per cent as against Sensex's rise of 9 per cent

Policy dialogue crucial to boost pumped storage projects: Power secy

There is a need for policy dialogues to fast-track development of pumped storage hydroelectricity projects in the country with a focus on reviewing procedural delays in such projects, Power secretary Pankaj Agarwal said on Thursday. The senior ministry official was addressing a 'Brainstorming Session on Pumped Storage Projects: Powering India's Renewable Future' organised by THDC India and Central Electricity Authority in association with NTPC in the national capital. In his address, Agarwal emphasised ensuring grid stability is a matter of urgent national priority and every state must actively contribute to this effort. "The secretary also said that there is a need of brainstorming and policy dialogue to fast-track PSP development, with a focus on reviewing procedural delays and streamlining processes and platforms like these are vital for building consensus and enabling coordinated sectoral action," THDC India said in a statement. He also emphasised that ensuring grid stability i

SL president Dissanayake says no regret over Adani exit from energy project

Sri Lanka President Anura Kumara Dissanayake here on Monday said his government does not have any regret over Adani Group quitting its green energy projects in the island. "We have got an offer to provide wind power at 4.65 US cents so why would we cry over losing an offer at 8.26 cents?" Dissanayake, who is also the finance minister, said without naming the Adani Green Energy during his 2025 Budget presentation. Adani last week announced that they were quitting the over USD 400 million investment for its green energy project in the northeastern region of the island. "There are those who are crying claiming an investor had left the country," Dissanayake said, referring to opposition criticism that the NPP government policies would scare away potential investors. Adani Group left the project after the Dissanayake government decided late in December to review the Adani wind power project and renegotiate the power purchase agreement. The project had also met legal snags with ...

Reliance Power back in the black: Reports Rs 42 cr net profit in Q3

Reliance Power on Wednesday posted a net profit of Rs 41.95 crore in the December quarter on account of higher income. It had reported a loss of Rs 1,136.75 crore in the year-ago quarter, the company said in an exchange filing. The company's total income rose to Rs 2,159.44 crore during the quarter from Rs 1,998.79 crore a year ago. Expenses stood at Rs 2,109.56 crore, lower as against Rs 3,167.49 crore in third quarter of the preceding financial year. In a statement, the company said it has achieved zero bank debt status, which means it has no outstanding balance to any bank -- private or public. Total debt servicing, including maturity repayment in the April-December period of FY25 was Rs 4,217 crore. As of December 31, the company's net worth stood at Rs 16,217 crore. During the period, its 3,960 MW Sasan Ultra Mega Power Project in Madhya Pradesh achieved 93 per cent (plant load factor) PLF, while 1,200 MW Rosa Power Plant in Uttar Pradesh had available of 97 per cent. Reli

About Rs 15 trn required for adding power generation capacity in 2022-27

About Rs 15 lakh crore fund is required to add electricity generation capacity during 2022-27, which includes expenditure for projects to be commissioned in 2027-32, a power ministry statement said. The projected electrical energy requirement and peak electricity demand on all-India basis is estimated as 1908 BU (billion units) and 277 GW, respectively for 2026-27. The projections were made during a Meeting of the Parliamentary Consultative Committee of Members of Parliament for Ministry of Power here last evening. Union Power Minister Manohar Lal chaired the meeting. As per 20th Electric Power Survey (EPS) report published by the Central Electricity Authority (CEA), the peak demand and energy requirement is pegged at around 366 GW and 2474 BU by 2031-32, it stated. Energy Storage capacity is an important aspect in achieving the targets of NEP. Energy storage capacity of 16.13 GW/82.37 GWh with PSP(pumped storage) based storage of 7.45 GW capacity and 47.65 GWh storage and BESS ba

Sembcorp Industries bags 300MW wind-solar hybrid project from NTPC

Sembcorp Industries on Wednesday said it has secured a 300 MW wind-solar hybrid project through its arm Sembcorp Green Infra from NTPC Ltd. The build-own-operate project is part of a 1.2GW bid issued by NTPC, a state-owned power giant, a company statement said. Sembcorp Industries (Sembcorp), through its wholly-owned renewables subsidiary Sembcorp Green Infra Pvt Ltd, has received the Letter of Award (LOA) for a 300MW Inter-State Transmission System (ISTS) connected wind-solar hybrid power project (the Project) from NTPC Ltd, according to the statement. Subject to the execution of a power purchase agreement (PPA) and upon completion of the project, power output from the project will be sold to NTPC under a 25-year long-term PPA, it stated. The project is expected to be ready for commercial operation within 24 months from the date of signing the PPA and will be funded through a mixture of internal funds and debt, the company informed. With a secured capacity of close to 2GW from .

JSW Energy tops rivals Adani, NTPC as highest bidder for KSK Mahanadi

Bid propels RE firm to the forefront of power generation in Chhattisgarh

Denmark's NKT strengthens power cable project competencies in India

Globally, NKT has grown its order backlog of high-voltage projects to €11.3 billion by the end of the second quarter of 2024

Tata Power soars 6% on starting solar cell production at Tamil Nadu plant

The Tata group company's solar cell production, currently at 2 GW capacity, will enhance Tata Power's ability to meet the growing demand for high-quality and domestically produced solar components.

JSW Neo Energy bags 192-MW power project from Gujarat Urja Vikas Nigam

JSW Energy on Monday said its arm JSW Neo Energy has secured a 192-MW hybrid power project, including an additional 96 MW under the greenshoe option from Gujarat Urja Vikas Nigam. The capacity is awarded against tariff-based competitive bids invited for setting up a 500 MW Grid connected Hybrid Power Projects (Phase II), along with a greenshoe option for additional capacity up to 500 MW, a company statement said. According to the statement, JSW Neo Energy -- a wholly owned subsidiary of JSW Energy (or the company) -- has received a Letter of Intent (or LoI) from Gujarat Urja Vikas Nigam Ltd (GUVNL), for setting up a 192 MW grid connected hybrid power project, including an additional 96 MW under the greenshoe option. Subsequent to this capacity award, the company's total locked-in generation capacity increases to 16.2 GW, including the total locked-in hybrid capacity of 2.1 GW, according to the statement. The company expects to have an installed generation capacity of 10 GW by FY25,

India's power demand may cross 400 GW mark by 2031-32: Power Secretary

India's peak power demand may surpass the projected 384 GW mark and cross even a new level of 400 gigawatt (GW) by 2031-32, Power Secretary Pankaj Agarwal said on Tuesday. Speaking at the CII-Smart Metering Conference, he said that peak power demand had already reached the 250 GW mark in May. "The way power demand has grown in some states in the last two years, the demand will touch 384 GW and may easily cross 400 GW by 2031-32. For this we must have an installed (power generation) capacity of 900 GW," Agarwal said. The government projection for this year's peak power demand was 260 GW. Later speaking to reporters, the secretary said the anticipated 260 GW peak demand is expected to reach by September. At the onset of the monsoon, the peak power demand has been showing a downward trend over the last few days. As per official data, the peak power demand was at 209 GW on Monday.

'Measures in place': Govt gears up to meet peak power demand in May, June

The government has taken adequate measures to meet the estimated 235 GW peak power demand in May and 240 GW in June, according to an official statement. "With various measures, we have been able to successfully meet the peak evening power demand of 224 GW during April 2024," the Ministry of Power on Friday. The power demand is projected to peak at 235 GW during the day-time and 225 GW during evening hours for May and 240 GW during day-time and 235 GW during evening hours for June 2024, it said in the statement. The power ministry has estimated around 260 GW of peak demand during this summer season. Elaborating on the measures, the ministry said section 11 directions have been issued to gas-based power plants besides coal-based units to make full capacity available for electricity generation. The optimisation of hydropower generation has made available an additional 4 GW for meeting the demand during May and June. Further, the shifting of planned maintenance and minimisation of pa

REC, Bank of Baroda sign MoU to finance power, infra and logistics projects

The collaboration aims to catalyse transformative projects that will positively impact communities and drive socio-economic progress