Power Sector

Northern Coalfields' production rises 1.08% to 140.5 million tonnes in FY26

Coal India arm reports 1.08% rise in output to 140.5 MT in FY26, meeting targets and supplying bulk of dispatch to thermal power plants

Discom dues fall to ₹3,300 crore from ₹1.39 trillion: Shripad Yesso Naik

Outstanding dues of power discoms fall to Rs 3,300 crore from Rs 1.39 lakh crore in 2022, aided by LPS rules and reforms to improve financial health of utilities

Power sector leads rating upgrades in FY26 on stable operations: Icra

The power sector has led rating upgrades in the fiscal year 2025-26 on improved execution as well as stable operations, said rating agency ICRA on Wednesday. The power sector emerged as one of the key drivers of rating upgrades in FY2026, supported by improved project execution, stable operating performance and strengthening parent profiles, according to the ICRA statement. The sector witnessed a significant improvement in credit metrics during the year, with its credit ratio rising to 5.2 in FY2026, compared to 3.4 in FY2025 and 2.9 in FY2024, indicating a sustained increase in upgrades relative to downgrades. This improvement reflects easing project risks, stabilisation of operations for commissioned assets and steady cash flow generation. Rating upgrades in the sector were driven by factors such as project completion, track record of stable operating performance and strengthening of parent credit profiles. The sector also benefited from continued policy support, infrastructure p

Power consumption rises marginally 1.8% to 149.56 bn units in March

Power consumption in the country grew marginally by 1.8 per cent to 149.56 billion units in March from 146.92 BU a year ago amid lesser use of appliances like air-conditioners and coolers due to unseasonal rains. Intermittent rains have kept the temperature at a lower level, delaying the onset of summer across the country. According to the government data, the peak power demand met or the highest supply during March this year rose slightly to 238.37 GW from 235.22 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. During the last summer (April 2025 onwards), the peak power demand reached 242.77 GW in June, but stayed lower than the government's estimate of 277 GW. The power ministry has estimated about 270 GW of peak power demand during the summer season this year. According to the Indian Meteorological Department, March this year saw higher

M&As surge in India's RE sector as investors eye de-risked route to scale

India's renewable energy sector is witnessing a surge in M&A activity as investors opt for faster, de-risked growth amid strong capacity targets, policy push, and rising demand visibility

Credit to renewable energy sector doubles to ₹10,325 crore in 2025

Outstanding credit to renewable energy sector nearly doubles in 2025, reflecting stronger banking support for energy transition and infrastructure expansion

India's power demand growth to slow to 1% in FY26, lowest in 5 years: ICRA

ICRA expects India's power demand growth to slow to 1 per cent in FY26, the lowest in five years, citing a prolonged monsoon, weak demand and a high base effect

India's carbon emissions in 2025 grew at slowest rate in 2 decades: Report

India's carbon dioxide emissions grew in 2025 at the slowest rate in more than two decades, according to an analysis by the Centre for Research on Energy and Clean Air (CREA). The analysis also pointed out that emissions in the power sector fell by 3.8 pc as record clean-energy growth combined with weak electricity demand. Also, consumption of imported coal at power plants fell by 20 per cent in 2025. "India's carbon dioxide (CO2) emissions grew by 0.5 per cent in the second half of 2025 and by just 0.7 per cent in the year as a whole, the slowest rate in more than two decades. "This is a sharp slowdown from the growth of 4-11 per cent in the preceding four years and marks the lowest rate of increase since 2001, excluding the impact of Covid in 2020," said the analysis on India's CO2 emissions from fossil fuels and cement, based on official data for fuel use, industrial production and power output. "This is the second in a new series of half-yearly analysis on India's CO2 emissions

Power Grid outlook strong on capex push, but valuations look stretched

Power Grid's strong capex pipeline and improved execution support growth outlook, but elevated valuations temper upside for the regulated utility

India confident of meeting power demand despite West Asia crisis

India has produced 1 billion metric tons of coal for a second successive year, ‌the ​coal ministry said on ​Saturday, which could be enough to meet summer power demand

India to attract ₹7.9 trillion for transmission to support clean energy

CEA estimates Rs 7.9 lakh crore investment in transmission infrastructure to support over 900 GW of non-fossil capacity, amid rising demand and renewable energy integration

Power infrastructure firm Polite Powertech files draft IPO papers with Sebi

Integrated power infrastructure EPC company Polite Powertech Ltd has filed its Draft Red Herring Prospectus (DRHP) with market regulator SEBI to raise funds through an Initial Public Offering (IPO). The IPO comprises a fresh issue of 1 crore equity shares and an offer for sale of 25 lakh equity shares. Proceeds from the issue will be utilised for funding working capital requirements of the company and general corporate purposes. Polite Powertech is an integrated power infrastructure engineering, procurement, and construction (EPC) company, engaged in the design, supply, installation, testing, and commissioning of power transmission, distribution, and renewable energy projects. The company reported a revenue from operations increasing sharply from nil in FY2023 to Rs 24.65 crore in FY2024 to Rs 155.63 crore in FY2025, and further reaching Rs 97.32 crore in H1 FY26. Arihant Capital Markets Limited and Valmiki Leela Capital Private Limited are the book-running lead managers (BRLMs) t

BHEL rallies 5%, Tata Power hits 52-week high; what's driving power stocks?

The Ministry of Power outlined a ₹200 trillion ($2.2 trillion) long-term investment roadmap for India's power sector over the next two decades.

Gujarat clears new Tata Power deal to resume long-term supply from Mundra

The deal comes as a relief to ‌India, which is looking to maximise power output from its coal plants amid an escalating West Asia conflict that is expected to lead to a gas shortage during summer

Gas-based power plants increasingly becoming impractical: NTPC chief

NTPC Chairman Gurdeep Singh flags viability concerns for gas-based power plants amid fuel supply uncertainties and stresses need for flexible generation solutions

Heatwave to boost power demand: Analysts pick top power stocks to invest in

Heatwave alert: Rising temperatures could drive a surge in power demand. Analysts see opportunities in select power stocks like NTPC, Tata Power, JSW Energy, and Adani Power.

PM Modi calls for global investment as power sector needs $2.2 trillion

PM Modi invites global investors to India's power sector, which needs $2.2 trillion over two decades to support energy transition and infrastructure expansion

PM Modi invites global investors to invest, make, innovate in power sector

Prime Minister Narendra Modi on Thursday invited global investors to invest in the power sector, urging them to "make, invest, innovate, and scale" in India. In a written message read out by Union Power Secretary Pankaj Aggarwal at the Bharat Electricity Summit 2026, Modi said India stands at a defining moment in its energy journey as the world's fastest-growing major economy. "I invite the global community to make in India, innovate in India, invest in India, and scale with India. I'm confident this summit will catalyse meaningful dialogue and enduring partnerships to power India's growth," Modi said. Modi said the summit aims to bring the whole power and energy ecosystem onto a single platform to exchange ideas, foster collaboration, and chart a shared path to power growth and improve life. "It reflects our collective resolve of electrifying growth and bringing sustainability, connecting globally, and advances India's vision of a Viksit Bharat by 2047," he stated. India stands a

Cabinet clears ₹2,585 crore scheme for small hydro power projects

Scheme aims to add 1,500 MW capacity and attract ₹15,000 crore investment while supporting states and improving grid reliability and clean energy output

New captive power rules to boost renewable energy adoption by industries

Industry says changes to captive power rules will make renewable projects more scalable, enabling group companies to access captive power benefits and boost clean energy adoption