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

How Bihar is attempting power supply cost reduction, sector turnaround

Smart power procurement, ERP mandates and infrastructure upgrades are helping Bihar lower electricity supply costs and improve the efficiency and quality of power distribution

Link power tariff hikes to inflation, suggests expert report to 16th FC

An expert report to the 16th Finance Commission suggests inflation-linked power tariff hikes could ensure timely revenue recovery for discoms and help consumers avoid sharp increases

Rewiring power reforms: Discom profitability is an encouraging start

India's discoms return to profitability after a decade of losses, boosted by fuel cost pass-through, smart metering, and sector reform incentives

Gujarat, Odisha power discoms lead this year's performance rankings

Gujarat's power utilities and Odisha's private discoms emerged as top performers in the latest power ministry rankings, while utilities in Telangana and Jharkhand featured among the weakest performers

A Budget for India's strategic growth, jobs and global competitiveness

The document will be pivotal in outlining agenda that sustains growth and capex, enhances manufacturing and technological capabilities, creates jobs, and makes our economy more dynamic and competitive

India's power reforms: New policy aims to address persistent fault lines

The policy rightly recognises that tariff dysfunction is at the heart of the sector's problems

New national policy pegs ₹200 trn investment for power sector by 2047

It proposes reforms to improve sector viability, including cost-reflective tariffs, tighter regulatory timelines and competition in distribution

Power secretary asks discoms to cut supply costs, rethink coal sourcing

Power secretary Pankaj Agarwal has asked distribution utilities to cut electricity supply costs by securing cheaper coal, rationalising transmission charges and simplifying tariffs, amid concerns over

Centre urges power utilities to cut supply costs to ease burden on users

At present, ‍India ‍has extended a ‌complete waiver of inter-state transmission charges for electricity storage projects until June 2028