Page 2 - Power Sector

Govt proposes Electricity Bill 2025 for cost-reflective power pricing

The draft law seeks mandatory cost-reflective tariffs, lower industrial power rates, and relief from cross-subsidies while boosting clean energy investment

India's power consumption rises 3.2% to 145.91 bn units in September

Power consumption in the country grew 3.21 per cent to 145.91 billion units (BUs) in September as widespread rainfall kept temperatures in check in most parts of the country. The peak power demand met during the month was 229.15 GW, which was significantly shorter than government projections. Power consumption was recorded at 141.36 BUs in September 2024, according to official data. The tepid increase in power consumption was attributed to widespread rainfall during the month in most parts of the country, which kept temperatures in check, experts said. Various government sources had said the country will see the peak demand of 277 GW level by September. However, the highest supply in a day (peak power demand met) in September remained at 229.15 GW, marginally down from 230.60 GW in September 2024. Speaking to PTI in August, Ghanshyam Prasad, the Chairperson of Central Electricity Authority (CEA), said the peak power demand is unlikely to touch the projected 277 GW this summer as

Power stocks may rebound on demand recovery, attractive valuations

Power stocks, down over 22 per cent in the past year, may see renewed interest in H2FY26 as demand recovers, coal capacity expands and renewable additions accelerate

Power sector CO2 emissions down for only second time in half a century

The power sector accounts for over half of India's total emissions. CO2 emissions from power generation added up to around 724 million tonnes (mt) in H1 2025

Basic issues in discoms must be addressed to root out persistent problems

Discom losses and distorted tariffs threaten India's power reforms; a consensus on cost-reflective pricing and transparent subsidies is crucial for sustainable growth

Solar power stocks trade mixed; check which is best bet for your portfolio

Among solar-related stocks, ACME Solar Holdings has surged up to 55% so far this year; technical charts hint at favourable bias for AMCE and other 2 solar energy-related shares.

Adani Power hits 11-month high, rallies 6% in 2 days; here's why

In the past one month, Adani Power has outperformed the market by surging 12 per cent, as compared to 0.56 per cent rise in the BSE Sensex and 1.3 per cent decline in BSE Power index.

India revokes grid access for 17 GW of clean energy projects, says source

The state-run Central Transmission Utility of India Ltd (CTUIL) informed companies including Adani Green Energy, ReNew Power, NTPC, Avaada Group, JSW Energy, and ACME Solar

Adani Group looks to invest $60 bn in power, RE sectors till FY32

Industrialist Gautam Adani-led Adani Group is looking to invest around USD 60 billion up to FY32 in power sector, especially in renewables, generation and transmission/distribution. In an investor presentation, Adani Power said the group plans USD 21 billion investment by FY30 to scale up renewable energy capacity to 50 GW from 14.2 GW as of FY25. Part of the Adani Group, Adani Green Energy Ltd (AGEL) develops, builds, owns, operates and maintains utility-scale grid-connected solar and wind farm projects. The group would invest USD 17 billion in build transmission and distribution capabilities through Adani Energy Solutions Ltd (AESL). AESL is a multidimensional organisation with presence in various facets of the energy domain, namely power transmission, distribution, smart metering, and cooling solutions. The company looks to set up 30,000 km of transmission lines to support India's growing energy needs by FY30, from 19,200 km as of March 31, 2025. The group looks to invest USD

Power puzzles in GDP: Energy consumption falls despite growth numbers

At first glance, the GDP data would seem overstated. Power consumption, which is metered, correlates closely with economic activity and is likely to be more accurate than GDP calculations

In seven years, HVDC market size is going to be $12-15 billion: GE Vernova

India needs to progress in procurement. It must review its procurement process, says Bindele

Torrent Power jumps 7% on ₹22,000-cr investment in largest power project

Torrent Power shares rose 7 per cent after it secured a LoA to set up a coal-based thermal power project in Madhya Pradesh for ₹22,000 crore

Power sector needs ₹3 trn funding over 5 years: Tata Power CEO at BS Infra

BS Infrastructure Summit 2025: Tata Power CEO Praveer Sinha says India's power sector needs over ₹3 trillion in investment in five years, urging 30-35 year financing to match asset life cycles

Powering farms: Scaling up PM-KUSUM is smart climate and energy strategy

With about ₹34,000 crore earmarked, the scheme envisages the setting up of 1.4 million standalone solar agricultural pumps and the solarisation of 3.5 million grid-connected agriculture pumps

Clear directives, data visibility crucial for smart meter success: CII poll

A CII poll says smart meter roll-out faces challenges of legacy infrastructure, poor connectivity and low consumer engagement, stressing clear guidelines and transparent billing

Thermal power segment to attract ₹2.3 trn investments over 3 yrs: Crisil

The thermal power segment is expected to attract Rs 2.3 lakh crore worth of investments over the next three fiscals, on account of renewed focus to help meet India's growing energy demand, Crisil Ratings said on Wednesday. The capital expenditure in thermal power stood at Rs 1.1 lakh crore over the three fiscals through 2025, Crisil Ratings said in a report. "Investments to set up thermal electricity generation capacities will double to Rs 2.3 lakh crore over the three fiscals through 2028, compared with the preceding three fiscals, because of renewed focus on the segment to help meet India's growing demand for energy and base load power requirement," it said. In the preceding three fiscals, private companies accounted for only 7-8 per cent of the investments. On expanded investment levels over the next three fiscals, private companies will contribute nearly a third, with central and state public sector undertakings accounting for the balance. The government has set a target of at

NFO Alert! Groww MF launches BSE Power ETF; here's all you need to know

Groww BSE Power ETF: The investment objective of the scheme is to generate long-term capital growth by investing in securities of the BSE Power Index in the same proportion

India's ambitious energy stack takes shape, but faces legacy hurdles

The core of the India Energy Stack is to make energy pay for itself by a constant exchange of data between governments, the private sector, and consumers, but chronic problems of bad pricing remain

Kalpataru Projects receives orders in T&D segment worth ₹989 crore

The company operates as an Engineering, Procurement, and Construction (EPC) entity in the power T&D and civil infrastructure sectors

NTPC board approves plan to raise ₹18,000 crore via bonds, NCDs

State-run power giant NTPC board on Saturday approved the proposal to raise up to Rs 18,000 crore through the issuance of NCDs or bonds on private placement in the domestic market. The board of directors of the company in its meeting on Saturday also considered and approved the draft notice of postal ballot in respect of seeking approval of shareholders of the company for issue of these non-convertible debentures (NCDs), as per a regulatory filing. The company also fixed the cut-off date of Friday for the purpose of reckoning the names of members, who are entitled for receiving postal ballot notice and voting rights, it said. According to the filing, the board approved the issue of non-convertible debentures up to Rs 18,000 crore in one or more tranches/series not exceeding 12, through private placement in the domestic market during the period commencing from the date of passing of special resolution till completion of one year.