Page 2 - Power Sector

Power stocks surge on strong order books, demand outlook and earnings

Shares of power companies surged as investors cheered strong order books, renewable energy demand and robust earnings visibility across the sector

Power index hits new high, zooms 24% in 2 mths; BHEL, CG Power at new peaks

Siemens Energy, CG Power and Industrial Solutions, GE Vernova T&D India, Thermax, ABB India, Hitachi Energy India, Siemens and Adani Green Energy were up in the range of 4-8% in Wednesday's trade.

CIL allays coal crisis fears, says 168 mt buffer available to meet demand

Coal India said current coal inventories across power plants, mine heads and transit points are sufficient to meet rising summer electricity demand without supply disruptions

India's carbon market gathers pace as export markets raise cost of business

India's carbon market framework is moving towards implementation under the CCTS, but experts warn that verification gaps, weak penalties and limited sectoral coverage remain major concerns

NHPC raises ₹2k crore at tight coupon of 7.67% through 15-year bonds

The state-run power company attracted bids worth Rs 8,700 crore for its 15-year bond issue amid strong demand for top-rated long-duration debt instruments

Delhi records highest-ever May peak power demand of 8,439 MW: SLDC data

Delhi's electricity demand crossed 8 GW for the fourth time in six days as soaring temperatures pushed peak power consumption to a record May high

Will fixed-charge reform fix discom losses, or only repackage them?

The CEA wants a new fixed-charge framework to help discoms recover costs, but experts say tariff redesign cannot replace operational and regulatory reforms

India's peak power demand hits record 265 GW amid heatwave conditions

The country's peak electricity demand touched a fresh record for the third straight day as severe heatwave conditions continued across several regions

Power stocks in demand; Hitachi, Siemens Energy, GE Vernova soar up to 9%

The T&D value chain, particularly segments focused on high voltage transformers, continues to benefit from a robust capex outlay, say analysts at Motilal Oswal.

Tighter DSM rules for grid stability raise concerns over RE viability

India's tighter DSM rules aim to improve grid discipline amid rising renewable energy penetration, but industry experts say wider reforms are needed to balance stability and project viability

Motilal Oswal sector of the week: Power; Acme Solar, JSW Energy top bets

While valuations across several utilities have rerated sharply and now trade above historical averages, the sector's structural growth drivers continue to support a favourable long-term outlook

Torrent Power falls 7% on Q4 results; net profit down 70% to ₹318 crore

Torrent Power reported a consolidated net profit of ₹318 crore, down 69 per cent year-on-year from ₹1,060 crore in the year-ago period

Govt links state fiscal incentives with RE adoption to address PPA issue

Union Minister Pralhad Joshi said renewable energy adoption criteria will be linked to fiscal incentives and interest-free loans for states

What is driving the volatility in India's spot power prices?

Rising renewable energy generation, erratic weather patterns and supply-demand mismatches are triggering sharp swings in India's spot electricity prices across market segments

Torrent Power Q4 FY26 results: Net profit declines 70% to ₹318 crore

The firm's revenue from operations remained steady at ₹6,406.07 crore as compared to ₹6,456.34 crore in the same period a year ago

Tata Power Q4 results: Net profit down 4.5% at ₹996 cr, revenue falls 13%

The company's revenue for the quarter under review declined by 13 per cent to 14,900 crore

Gujarat launches 870 MW battery storage systems for for RE grid stability

Gujarat has initiated battery storage systems at five locations in the state, with a total capacity of 870 MW, to maintain the stability of the renewable power grid, officials said on Saturday. Battery Energy Storage Systems (BESS) are essential for storing electricity generated from solar and other renewable sources. They help manage additional load and maintain grid stability. "Gujarat has initiated battery storage systems at five locations with a total capacity of 870 MW," an official release stated. The state has also registered 13 projects across Ahmedabad, Gandhinagar, Banaskantha, Patan and Kutch districts to set up additional battery storage systems, it said. Modhera in Gujarat, India's first solar village, has launched the country's first BESS integrated with a solar power plant, it said. "Under the leadership of Chief Minister Bhupendra Patel, the state has continued to advance in this direction and has strengthened its position among the leading states driving battery .

Limited tariff hikes, rising power costs to keep discom cash gap high: ICRA

ICRA said discoms' cash gap is likely to remain elevated in FY27 as muted tariff hikes and higher power purchase costs strain finances

West Bengal polls: BJP win may reshape power sector, says JM Financial

The most immediate impact of a BJP government in West Bengal could be felt by Calcutta Electric Supply Corporation (CESC), which operates as the sole electricity distributor in Kolkata

SECL dry fuel supply to power sector rises 8.2% to 12.49 MT in April

Coal India arm South Eastern Coalfields Ltd (SECL) on Monday said coal supply to the power sector jumped 8.2 per cent to 12.49 million tonnes (MT) during April. Coal despatch by SECL stood at 11.54 MT in April last year. The increase underscores SECL's sustained emphasis on prioritising coal supply to the power sector, aligning with directives from the coal ministry. This growth reflects the miniratna company's ongoing efforts to bolster fuel availability amid rising power demand, ensuring steady operations for thermal plants. SECL, a leading coal producer with major operations in the Korba coalfields of Chhattisgarh and across parts of Central India, has been ramping up production and logistics to meet national energy needs. According to the company's CMD Harish Duhan, SECL remains committed to sustaining this momentum and ensuring reliable coal availability to meet the country's power demand. The company said that SECL has made a strong start to 2026-?27, with coal production a