Page 2 - Power Sector

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

India sees power demand surge to a record, adding to energy crisis

The war in the West Asia, now in its third week, has roiled energy markets, cutting off flows of crude and liquefied natural gas to the world and driving up prices

Coal India aims to ensure power at fair price amid West Asia crisis

State-owned Coal India Ltd aims to ensure power at a "just price" to the country amid the escalating West Asia crisis that endangers global shipping lanes and imported coal costs, a senior official of the company said. Coal India Ltd (CIL) contributes to 80 per cent of total domestic coal production and 75 per cent of total coal-based generation. CIL contributes to 55 per cent of total power generation and meets 40 per cent of the primary commercial energy requirements of the country. "As a low-cost coal producer, CIL aims to ensure power at a just price to the country," the official said, adding that the country has adequate coal sufficiency to meet the anticipated spike in summer demand, with Coal India maintaining robust stockpiles at pitheads and power plants. CIL's pitheads have an inventory of 122 million tonnes (MT) of coal, while domestic coal-based plants are stocked to the tune of 53 MT, officials said. In-situ coal exposure at CIL's mines stands at around 60 MT, ready f

Centre amends electricity rules to clarify norms for captive power

The government on Saturday announced amendments in the electricity norms for bringing more clarity for captive power generation, especially for industries, in line with India's energy transition goals. Generating power closer to the point of consumption will help reduce transmission losses, improve system efficiency and strengthen grid resilience, the Ministry of Power said in a statement. The Ministry said that the amendments have been finalised after extensive stakeholder consultations. The Electricity (Amendment) Rules, 2026, have been notified to remove interpretational ambiguities, improve ease of doing business for industry, and align the captive generation framework with India's energy transition and industrial growth objectives. The ministry said that with the amendments, the government has simplified a number of provisions in the rules for ease of compliance. By clarifying ownership provisions, simplifying rules for group captive arrangements, and establishing a clear ...