Power Sector

Lack of triggers, weak demand may keep power stocks under pressure

Weak power demand and surplus capacity cloud near-term prospects, but energy transition, nuclear reforms and grid upgrades offer long-term opportunities across India's power sector

Growth potential and earnings factored into GE Vernova's valuations

A large HVDC order win, rising transmission capex and renewable energy push strengthen GE Vernova T&D's earnings outlook, but high valuations already price in much of the upside

SHANTI Bill sets out safety protocols for private sector in nuclear power

SHANTI nuclear law opens nuclear power to private companies through licensing and safety authorisations, while keeping strategic functions with the state and reshaping operator and supplier liability

AI may account for 20% of incremental power demand by 2030: Report

India's power demand surge to 2030 will be driven increasingly by AI and data centres, with tech majors fuelling a sharp rise in electricity consumption and capex

'Share of coal in India's energy mix to shrink to 30-35% by 2047'

The share of coal in India's energy mix will shrink to 30-35 per cent by 2047, and responsible use of the fossil fuel is key to future development, experts said. The coal's share in India's electricity mix is currently at 70 per cent. India achieved over one billion tonnes of coal production in FY25, with coal-based power contributing 72 per cent to total electricity generation. Former chairman and managing director of Coal India Ltd, P M Prasad, said that over the coming three to four decades, the priority must be slashing emissions and rolling out best practices wherever feasible. "By 2047, coal's share is expected to come down from the current levels to around 30-35 per cent. We understand that. But as long as that 35 per cent remains, we must develop responsibly," said Prasad, currently the Chairman of the India Chapter of FutureCoal - the global alliance for sustainable coal. The India Chapter, launched with Coal India Limited and Gainwell Engineering as founding members, ...

Jaipur Discom action plan targets full recovery of dues in top defaulters

Engineers have been instructed to prioritise revenue collection through awareness campaigns and settlements by organising camps

India's nuclear power generation capacity to reach 21,880 MW by 2032: Govt

India's nuclear capacity will expand sharply to 21,880 MW by 2032 as ongoing and planned PHWR projects come online, with BARC also developing next-generation Small Modular Reactors

Centre releases ₹37,000 cr under RDSS to boost power distribution

The Centre has released Rs 37,000 crore under RDSS-38% of sanctioned support-with fund disbursal tied to DISCOMs meeting milestones and state-specific action plans

Delhi power demand hits November record; peak touches 4,486 MW in fortnight

Delhi's power demand surged in November as winter set in early, with peak load hitting 4,486 MW in the second half of the month. Discoms expect winter demand to rise further

Delhi's winter power demand to rise to new record high of 6,000 MW

Within the areas of power discom BSES, winter peaks last year reached 2,431 MW in BRPL and 1,105 MW in BYPL

Regulators' body told to create tariff plan for power transmission projects

Forum of Regulators has been directed to develop a tariff determination framework for state-level transmission projects under the asset monetisation plan

Rapid renewables rollout vs demand mismatch driving up power costs: CEA

The country achieved 50% of its installed electricity capacity from non-fossil fuel sources earlier this year

KP Green Engineering net profit more than doubles to ₹58 cr in H1FY26

KP Green Engineering's net profit more than doubled to Rs 58 crore in first half of the fiscal ended September 2025 compared to a year ago, mainly on the back of higher revenues. "Profit After tax (PAT) growth of 112 per cent at Rs 58 crore during H1 FY26, as compared to Rs 27 crore in the corresponding period H1 FY25," company stated in a regulatory filing. Consolidated total income in the first half of FY26 surged by 101 per cent to Rs 536 crore as compared to Rs 266 crore recorded in the year-ago period. Earnings Per share (EPS) touched Rs 11.66 in the reporting period, up 112 per cent against Rs 5.50 per share in H1 FY25. The company's debt-to-equity ratio stood at 0.09 times in H1FY26, indicating a lowered long-term leverage, enhancing its capability to leverage in future for business growth, it stated. Net worth has strengthened further to Rs 382 crore in H1FY26 from Rs 279 crore a year ago, the company stated. The borad also approved and declared an interim dividend at 5 p

SICSem begins India's first end-to-end chip manufacturing project in Odisha

Power electronics chip company SiCSem performed ground breaking ceremony here on Saturday for setting up the country's first end-to-end silicon carbide semiconductor production plant entailing investment of about Rs 2,000 crore. The integrated facility, expected to be operational by 2027-28, will have a capacity of processing 60,000 SiC wafers annually and packaging about 9.6 crore units. "?Our dream of bringing advanced technology to Odisha is coming true today, and our special focus is on enabling a seamless integration of industry and academia. "In this regard, we are partnering with IIT Bhubaneswar for a semiconductor research lab. I recently had the honour of approving Rs 4.95 crore from the MPLAD for establishing the NaMo Semiconductor Lab," Union IT and Electronics Minister Ashwini Vaishnaw said on the occasion through a video message. Silicon carbide chips are used for handling high voltage application in products like renewable energy, electric vehicle, power inverters, ..

India's Oct power consumption dips 6% to 132 billion units on mild weather

Power consumption in the country fell by 6 per cent to 132 billion units in October from 140.47 BUs in same month last year, mainly on account of less use of cooling appliances. The October month also saw rains in various parts of the country. The decline in power consumption was attributed to unseasonal rainfall during the month in some parts of the country coupled with onset of winter season, which kept temperatures in check, experts said. The peak power demand met during October was at 210.71 GW, lower from 219.22 GW recorded in October 2024. The peak power demand had touched an all-time high of about 250 GW in May 2024. The previous all-time high peak power demand of 243.27 GW was recorded in September 2023. However, this summer (April onwards), the record peak power demand was 242.77 GW in June. Experts said the power demand and consumption are likely to be subdued in November as well due to moderation in temperature levels, which would reduce use of cooling appliances.

Earnings steady, valuations cheap: NTPC remains Nuvama's top power play

Nuvama has reiterated its 'Buy' rating, raising the sum-of-the-parts (SOTP)-based target price to ₹413 (from ₹401 earlier).

NTPC begins commercial operations of 38 MW solar capacity in Gujarat

State-owned NTPC Ltd on Sunday said it began the commercial operation of a 38-MW solar power capacity of its step-down subsidiary in Gujarat. The new unit is part of the 300-MW Khavda Solar Energy Project of NTPC Renewable Energy Limited, a step-down subsidiary of NTPC through its subsidiary NTPC Green Energy Limited, the public sector power generator said in an exchange filing. The first part capacity of 142.2 MW, second part capacity of 32.8 MW and third part capacity of 49.125 MW have already been declared commercially operational with effect from June 28, June 30, and August 22 this year, respectively, NTPC said. "...the fourth part capacity of 37.95 MW out of 300 MW Khavda Solar Energy Project under 450 MW Hybrid Tranche V Project in Gujarat of NTPC Renewable Energy Limited, a stepdown subsidiary of NTPC Limited through its subsidiary NTPC Green Energy Limited", has been declared commercially operational on October 19, the filing said. A total capacity of 262.07 MW has been ..

Power network sharing proposal needs to address legacy PPAs: Former secy

The proposal is part of the new Electricity (Amendment) Bill 2025 floated by the ministry for public consultation

Can market coupling enable fair price discovery at power exchanges?

Supporters of the market coupling point to higher efficiencies and optimal price discovery, its critics argue that it will eliminate competition and innovation at power exchanges

High-voltage reforms: Draft power law could be a game changer for sector

Most significantly, the amendments propose to allow distribution licensees to supply power through shared networks.