Power Sector

India's coal production may reach 1.5 billion tonnes by FY30: Kishan Reddy

Domestic coal production is expected to grow 6-7 per cent annually in the next few years to reach about 1.5 billion tonnes by 2029-30, Parliament was informed on Monday. The country's coal demand is expected to continue rising and is expected to peak around 2040, Union Minister for Coal and Mines G Kishan Reddy said in a written reply to the Rajya Sabha. The Minister informed the house that "There is no scenario of transition away from coal that would impact workers and communities associated with coal mining in the short and medium time frame. India is presently augmenting its domestic coal production to meet the increasing energy requirements of the country. To meet the future demand of coal through indigenous sources and to reduce non-essential import of coal, domestic coal production is expected to grow by 6-7 per cent annually in the next few years to reach about 1.5 billion tonnes by 2029-30, the Minister. In 2024-25, India's coal production stood at about 1,047.69 MT, he ..

India's inter-regional transmission capacity to reach 143 GW by 2027: Govt

The country's inter-regional transmission capacity will be increased to 143 GW by 2027 and 168 GW by 2032 to ensure reliable power flow across the regions, Parliament was informed on Monday. At present, there is no transmission constraint existing at the national level, and the inter-regional transmission capacity stood at 120 GW as of December 2025, Union Minister Shripad Naik said in a written reply to the Rajya Sabha. The capacity of the National Grid is expanded on a continuous basis, commensurate with the growth in electricity generation and electricity demand. The inter-regional transmission capacity will be increased to 143 GW by 2027 and further to 168 GW by 2032, the Minister of State for Power told the Upper House. A peak electricity demand of 388 GW is expected by 2032, and under the NEP (Volume II Transmission), the transmission network (220 kV and above) is planned to expand to 6.48 lakh ckm by 2032, and the transformation capacity is to increase to 2,345 Giga Volt Ampe

India Energy Stack pilot to begin in five states next fiscal year: Govt

The India Energy Stack, an integrated digital public infrastructure for the power sector, will be launched in five states on a pilot basis in the next financial year before its nationwide rollout, Parliament was informed on Monday. The total fund allocated for the development of IES (India Energy Stack) is Rs 51.3 crore, of which Rs 3.88 crore has been released, Union Minister of State for Power Shripad Naik said in a written reply to Rajya Sabha. Distribution utilities of Delhi, Gujarat, Andhra Pradesh, Uttar Pradesh and Mumbai have been identified for pilot implementation of IES, and the timeline for demonstration of the same is FY 2026-27, Naik said. After the successful demonstration, India Energy Stack is envisaged to be rolled out across the country, the minister informed the Upper House. Rapid growth in renewable energy, electric vehicles, and consumer participation in energy markets is transforming the sector, yet fragmented systems and the lack of seamless digital integrat

Subdued power demand pulls down spot electricity prices by 18% in Feb

Weak demand and higher renewable generation dragged February spot power prices lower, even as electricity trade volumes jumped to a five-year high, reflecting strong market liquidity

M&A activity in power sector gathers pace as PPAs drive up valuations

Accelerating power demand, revival of long-term PPAs, stronger plant load factors and attractive valuations are triggering a fresh wave of M&A activity across thermal and renewable assets

PM inaugurates ₹3,600 cr Powergrid projects to boost Rajasthan solar flow

Powergrid's new transmission systems will evacuate renewable power from Rajasthan's major solar zones, including Bhadla, strengthening national green energy infrastructure

Power consumption grows marginally by 1.86% to 132.99 bn units in Feb

Power consumption in the country grew marginally by 1.86 per cent to 132.99 billion units in February from 130.56 BU a year ago, as the use of heating appliances like geysers and blowers slowed down due to higher-than usual temperature. According to the government data, the peak power demand met or the highest supply during February, also rose slightly to 243.15 GW from 238.06 GW recorded in February 2025. The peak power demand touched an all-time high of about 250 GW in May 2024. The previous all-time peak power demand of 243.27 GW was recorded in September 2023. However, during last summer (April 2025 onwards), the peak power demand was 242.77 GW in June, 2025. According to government estimates, peak power demand was expected to touch 277 GW in the summer of 2025. According to the Indian Meteorological Department, the rainfall all over India in February was the lowest since 2001. Also, no cold waves or cold days prevailed during February. The absence of any active western ...

India aims to cut thermal coal imports by 30% for power plants in 2026

Government has long sought to cut coal imports for the power sector, but those efforts have failed as power plants have been unable to burn lower-quality local coal

NTPC rallies 15% in one month, stock hits 52-week high; here's why

NTPC is a strategically important vehicle for furthering Government of India's objectives in the power sector.

Govt forms high-level committee to monitor progress of PFC-REC merger

High-level committee and working group to oversee personnel integration, restructuring, technology alignment and regulatory approvals for the proposed merger

Rising power demand could lead to higher emissions for India in 2026

After a rare dip in coal generation in 2025, India's emissions may edge up in 2026 as power demand rebounds and thermal plants anchor the grid

Power demand rebounds in Jan; Antique bullish on JSW Energy, Adani Power

Antique highlighted JSW Energy and Adani Power as its preferred picks, citing their strong execution visibility

India invested $13 bn in distributed solar, adding 35 GW in 15 months

Over half of India's 35 GW distributed renewable energy capacity was built in just 15 months, driven by $13 bn in investments under PM Surya Ghar and PM-KUSUM, officials said

AI can help manage power sector complexity as renewables grow: IEA expert

Integration of AI can help manage complexities in the power sector, including in India, where the share of renewables is expected to grow in the years to come, an expert from the International Energy Agency (IEA) said. "...We are seeing a very strong trend of increasing complexity of the energy sector at large, specifically the electricity systems. So why is it becoming more complex? One is that in general the electrification is rising," Siddharth Sigh of IEA said while speaking at the AI Impact Summit in the national capital. During a panel discussion on Monday on AI for Power -- Accelerating the Clean Energy Transition -- the energy expert said, the end use of energy is more compared to other fuels. There is greater variable renewable electricity for the system, which was never the case in the past. Most of the other sources of electricity were stable, that is no longer the case. Now with solar and wind, the share of variable renewables is expected to be sizeable by the end of th

Power generation capacity addition crosses 50 GW during Apr-Jan period

India's power generation capacity addition from all energy sources has crossed record the 50 GW-mark during April-January period in the ongoing fiscal year, according to an official statement. This marks the highest-ever capacity addition in a single year, surpassing the previous record of 34,054 MW achieved during 202425, the power ministry said in a statement. During the current financial year 202526 (up to January 31), a record 52,537 MW of generation capacity (from all sources) was added, it said. Of this, 39,657 MW has been added from renewable energy sources, which includes 34,955 MW of solar power, 4,613 MW of wind power. Further, this also implies that during 2025-26 (upto 31.1.2026), there was an addition of more than 11% to the total installed capacity of the country. As on January 31, 2026, India's total installed power generation capacity stands at 520,510.95 MW, comprising fossil fuel-based capacity of 248,541.62 MW; non-fossil fuel capacity of 271,969.33 MW; nuclear

PFC, REC say merger transition smooth; merged firm to have 20% exposure cap

Power financiers say post-merger single-entity exposure limit will be 20%, expect adequate headroom for borrowings and smooth transition

Power sector reforms central to tackling India's climate finance problem

According to the NITI AAYOG study, the first step towards climate financing is strengthening power discoms'finances and reducing the risk of default

Torrent Power stock falls 6% after Q3 results; announces dividend, NCD plan

Torrent Power reported a consolidated net profit of ₹655 crore, up 34 per cent year-on-year from ₹490 crore in the year-ago period

India's January power demand hits 16-year high at 143 billion units

Peak power demand in January touched 245 gigawatt (Gw), surpassing the previous summer peak of 243 Gw recorded in June last year

PFC board clears merger with REC to boost scale, efficiency of NBFCs

Power Finance Corporation's board has approved an in-principle merger with subsidiary REC Ltd, following the government's Budget push to restructure public sector NBFCs