Power Sector

India's power demand may rise 9-10% in 2025 as summers arrive: Experts

India should prepare for a nine to 10 per cent growth in peak electricity demand this summer with the country expected to experience more heatwaves, experts have warned. Last year, the all-India peak electricity demand crossed 250 gigawatts (GW) on May 30, which was 6.3 per cent higher than projections. Climate change-induced heat stress is one of the key factors driving electricity demand. Currently, industries, households and agriculture account for 33 per cent, 28 per cent and 19 per cent of India's total electricity consumption, respectively. Household electricity demand has grown the fastest over the past decade, according to Disha Agarwal, Senior Programme Lead Renewables at the Delhi-based think tank Council on Energy, Environment and Water. The share of household electricity consumption increased from 22 per cent in 2012-13 to 25 per cent in 2022-23. Much of this rise can be attributed to economic growth and the increasing need for cooling due to rising temperatures, expert

Torrent Power, Gama Infraprop win tender to supply gas-based power

NVVN is the nominated nodal agency for facilitating supply from gas-based power plants (GBPs) from March 25 to October 15, a period identified 'high-demand' this year

Power planning: Proactive management key to preventing shortages

The Grid Controller of India, the NLDC's parent organisation, has predicted a one-in-three chance of a shortfall in May alone

DVC launches Rs 1,500 cr project to modernise power supply, reduce losses

Damodar Valley Corporation (DVC) has launched a Rs 1,500 crore project to modernise power supply in its command area to ensure round-the-clock quality power and to reduce aggregate technical and commercial (AT&C) losses, an official said on Sunday. DVC's entire distribution network primarily serves industries, with negligible supply to retail consumers. The project focuses on shifting from conventional power distribution to a state-of-the-art, technology-driven system to establish a robust primary and secondary distribution network across DVC's command area spanning 24,235 square kilometres in West Bengal and Jharkhand. "The project capex is nearly Rs 1,500 crore and will be completed in 18 months. The system integrates advanced features such as a distribution management system, outage management system, customer relation management, metering data management system, GIS mapping for real-time communication, ring main units (RMU), and fiber optic-based metering communication ...

Hot summer likely to boost power demand and lift power utility stocks

The regulated tariff model of NTPC provides clear visibility on revenues, and there could be RoE (return on equity) increases given expansion in both thermal and RE

Power stocks: Buy in Summer, Sell in Winter; chart hints up to 27% upside

Here's a technical outlook on key power stocks - NTPC, Tata Power, NHPC, CESC and JSW Energy - as India braces for a hot summer. Track these key support and resistance levels to trade in power shares.

100 GW nuclear power by 2047 ambitious, achievable: Jitendra Singh

Union minister Jitendra Singh on Tuesday said the goal to generate 100 GW nuclear power by 2047 is ambitious and achievable, and state-run Nuclear Power Corporation of India Limited (NPCIL) and its subsidiaries aim to fulfill nearly half of that target. Addressing a post-budget webinar organised by NITI Ayog, Singh said India's electricity needs are expected to increase four to five times by 2047 and renewable energy sources alone cannot meet the base-load demand. He said nuclear energy will play a key role in meeting India's energy needs in the future. Singh, as Minister of State in the PMO, oversees the Department of Atomic Energy. "Achieving 100 GW of nuclear power will require a focused and determined approach, adding around four GW annually from now onwards," he said, expressing confidence in meeting the goal with proper planning and execution. He said the Union Budget 2024-25's vision for India's nuclear power expansion has set a target of achieving 100 GW by 2047. Singh s

Power minister Khattar urges industry to work on innovative solutions

Union Power Minister Manohar Lal on Saturday urged industry stakeholders to work on manufacturing innovative solutions to strengthen India's journey towards Viksit Bharat. India's ambitious target of 500 GW of renewable energy target by 2030 provides various opportunities, the minister said, while addressing the Elecrama 2025 event organised by industry body IEEMA in Greater Noida. The power sector is playing an important role in the country's journey towards becoming Viksit Bharat, the minister said, adding that industry stakeholders must work to make the sector a growth engine for India. "The future of power in India is good... in this journey we need to increase production in an innovative way... advance power electronics, efficient transformer, power converters, smart grid solutions are needed to be developed to take benefit of renewable energy (RE)," he told participants, which included domestic and international delegates and investors. Lal further noted that the sector makes

Adani Electricity Mumbai, Noida Power, Gujarat discoms top govt ratings

Overall AT&C losses increase marginally, absolute cash gap decreased by 43% from FY23 to FY24: PFC report

India ready to meet 270 GW of peak power demand during summer: Power secy

India is ready to meet up to 270 GW of peak power demand during summer season this year and the government will make it mandatory for thermal plants, especially those using imported coal, to run at full capacity, Union Power Secretary Pankaj Agarwal said on Friday. In 2024, the country was able to meet the peak power demand of 250 GW during summer against the projected demand of 260 GW. Addressing a press conference here, Agarwal informed that thermal power plants in the country have sufficient coal stocks of 51 million tonnes, which is enough for generating electricity for 21 days. "If we require we will invoke Section 11 (of Electricity Act) for meeting the demand," Agarwal assured. The Section 11 allows the government to mandate power producers to operate plants in a specified manner in extraordinary circumstances. Earlier last year, the power ministry had invoked Section 11 and mandated plants using imported coal to run at full capacity to avoid any shortage of power in the ..

India needs $700 bn in power sector to meet net-zero target: Moody's

India's power sector - the biggest carbon emitter - will need massive USD 700 billion investment over the next 10 years to help the country achieve its 2070 net-zero pledge, Moody's Ratings said on Wednesday. Stating that the power sector accounts for around 37 per cent of carbon emissions in the country, the rating agency said the investments required by the power sector during fiscal 2026-51 to be of the order of 1.5 per cent to 2 per cent of GDP (around 2 per cent for the next 10 years), which is manageable for India. The sector, which currently is highly dependent on coal-fired generation, has to make significant decarbonization investments for the country to meet its emission cut goals. "Our expectation of strong economic growth over the next 10 years implies an expansion of India's coal-based power generation capacity in that period, hindering carbon transition," it said. In a note, Moody's pegged power sector's annual investment requirement between Rs 4.5 lakh crore to Rs 6.

Extend waiver on charges for renewable energy till 2030: Power producers

Power producers have asked the government to keep the waiver on inter-state transmission charges for renewable energy until 2030 to help clean energy take root more deeply in India's economy. A consultative meeting chaired by Minister for New and Renewable Energy Pralhad Joshi was held on February 5, where Wind Independent Power Producers Association (WIPPA) and other associations shared their concerns and suggestions. A key demand from the players was to extend the waiver on inter-state transmission system (ISTS) charges, which is otherwise due to end on June 30 this year, sources aware of the matter said. Renewable energy players requested MNRE to extend the ISTS waiver till 2030 to promote investments in the sector and aid India's ambitious energy transition goals. Currently, charges are waived for 25 years for green power projects such as solar, wind, and hybrid projects, and battery energy and pump storage projects commissioned before June 30, 2025. The current ISTS waiver he

Good times are ahead: Hardeep Singh Puri on natural gas availability

Puri said India's investments in Mozambique and Russia assets hold major potential

IEW Day 2: Sector majors sign strategic deals across the supply chain

"This development marks a major milestone in the ongoing efforts to diversify India's crude oil sources and strengthen energy cooperation with Brazil," BPCL said in a statement

EIL in talks with stakeholders to enter nuclear sector, targeting SMRs: MD

The EPC major has received Rs. 190 crore of orders from UAE's ADNOC in FY25

Bangladesh seeks full power supply restoration from 1,600 MW Adani plant

The state-run Bangladesh Power Development Board (BPDB) said it had been paying $85 million a month to Adani to clear outstanding dues and has now told the company to resume supply

India Energy Week: Alternative sourcing deals with global firms on cards

Energy Ministers from UK, Qatar and African economies to be present at 3rd IEW beginning today

Renewable energy projects of 40 GW fail to find buyers for green power

A senior official said, pausing more tenders was "seriously considered" till pending PPA/PSAs are signed, but no final decision was taken

Jindal Steel and Power, 2 other companies win coal gasification incentive

The ministry announced the selected applicants under Category-II of the Financial Incentive Scheme

Tata Power Q3FY25 results: Net profit rises 8% to Rs 1,030.7 crore

The company reported an 81 per cent jump in PBDIT to Rs 3,667.6 crore from a year ago. PBDIT is profit before depreciation, interest, and taxation