Page 6 - Power Sector

Power utilities: Valuations down on likely dim show in first half of FY26

NTPC Green's acquisition of Ayana (2.1 GW) and JSW Energy's KSK Mahanadi buy (1.8 GW) helped meet capacity addition targets

Darkness to Disruption: This CEO is Lighting Up Rural India and Africa

In this episode of Manager’s Mantra, Manoj Sinha, CEO of Husk Power Systems and TIME100 Climate Leader, shares how renewable energy and AI are lighting up rural India.

Motilal Oswal upbeat on India's power sector; suggests buying 2 stocks

India's power utilities industry is well-positioned for continued investment and operational expansion in FY26 and beyond thanks to rising power demand and growing renewable energy capacity

NTPC Q4 results: Profit rises nearly 22% to Rs 7,897 cr, declares dividend

State-run NTPC reports 22% rise in Q4 profit to ₹7,897 cr; FY25 net up at ₹23,953 cr. The company's performance for the full financial year 2024-25 reflected continued growth

This BSE500 stock zooms 101% in 4 months; hits new peak in weak market

Share price of Hitachi Energy India hit a new high of ₹17,550, soaring 6 per cent on the BSE in Thursday's intra-day trade in an otherwise weak market.

Public listing of power utilities likely to pick up pace across states

Tata Power is the leading private player in the power distribution segment, operating in parts of Delhi, Mumbai, and whole of Odisha as an electricity supplier

Blackstone to acquire TXNM Energy for $11.5 bn, bets on US energy demand

Blackstone sees TXNM as a sound long-term investment due to the stable, regulated returns and substantial capital requirements of grid modernisation and energy transition

Capital goods stock zooms 48% against QIP price in 2 months, hits new high

Hitachi Energy India hit a record high of ₹16,981.45, surging 6% on the BSE in Wednesday's intra-day deal ahead of Q4 results.

REC, NTPC, Powergrid: Are power stocks losing steam? Here's what charts say

Technical chart suggests that power shares could crack up to 23% from present levels. Here are the key support and resistance levels to track on REC, NTPC and Powergrid stocks.

Electricity bills of Delhi consumers to be hiked by 7-10% in May-Jun period

The electricity bills of power consumers in Delhi will be hiked by 7-10 per cent in the May-June period due to revision of PPAC charged by the discoms, officials said on Sunday. The power purchase adjustment cost (PPAC) refers to rise in fuel (coal, gas) costs incurred by the generation companies which is recovered by discoms from the consumers. It is calculated as percentage of fixed charge and energy charge (units consumed) components of the electricity bill. The Delhi Electricity Regulatory Commission (DERC) in its separate orders earlier this month allowed the three discoms to recover the PPAC of third quarter of 2024-25 in the May-June 2024 period. The PPAC allowed are 7.25 per cent for BRPL, 8.11 per cent for BYPL and 10.47 percent for TPDDL. No reaction was available from the discoms on the increase in PPAC allowed by the DERC. The United Residents of Delhi (URD), an umbrella body of residents welfare associations in the city, slammed the move as "arbitrary". "The proces

Cabinet clears revamped SHAKTI policy for coal allocation to power firms

The revised SHAKTI policy introduces two windows for coal allocation, enabling access through auctions and easing processes for greenfield and brownfield thermal power projects

Andhra Pradesh govt reboots power sector with management overhaul

State has appointed 16 new directors in one go to revamp finances, operations of five state power utilities

Power to the people: Need for India to lay more transmission lines

High-voltage direct current transmission systems are central to the country's energy infrastructure

Delhi's power demand peaks at 6,015 MW, highest on Apr 28 in last 3 yrs

The peak power demand of Delhi, pushed by the hot weather, crossed 6,000 MW for the first time this season on Monday, said discom officials. According to the State Load Dispatch Centre, Delhi's peak power demand reached 6,015 MW at 3.30 pm -- the highest on April 28 in the last three years. Earlier, the highest peak demand on April 28 was 6,050 MW in 2022. The peak demand on April 28 in 2024 and 2023 was 4,994 MW and 4,428 MW. The maximum temperature in Delhi reached 40.4 degrees Celsius on Monday. BSES discoms -- BRPL and BYPL -- successfully met the demand of 2590 MW and 1290 MW in their distribution areas, said a spokesperson of the company. He said more than 2,100 MW of green power will play an important role in ensuring a smooth supply in Delhi during the summer months. Delhi is on the cusp of another historic power milestone, the SLDC said, adding that after clocking a record power demand of 8,656 MW in 2024, Delhi's peak power demand during the summers of 2025 may clock th

IEX surges 6% on heavy volumes post Q4 results; buy, hold or sell?

The company has maintained a healthy growth in revenue and profitability; until there is clarity on implementation of market coupling, ICICI Securities expects the stock to remain range-bound.

Powerful Q4 performance anticipated for power sector amid rising demand

Cumulative all-India electricity demand over January-March was about 416BU compared to 400BU for January-March 2024

Coal India signs pact with DVC for Rs 16,500 crore power project in J'khand

State-owned Coal India on Monday said it has entered into a pact with with Damodar Valley Corporation (DVC) for setting up a ultra supercritical power plant in Jharkhand with a total investment of Rs 16,500 crore. Ultra-supercritical power plants operate at higher steam temperatures and pressures than supercritical plants, leading to improved efficiency and reduced emissions. "Widening further its business diversification portfolio into thermal power generation, Coal India Ltd (CIL)...formally joined hands with Damodar Valley Corporation (DVC) to set up a coal fired 2 x 800 MW ultra supercritical power plant in Jharkhand," the PSU said in a statement. The brownfield project will be an expansion of existing Chandrapura Thermal Power Station which at present operates with the capacity of 2x250 mw. The total investment would be to the tune of Rs 16,500 crore. The joint venture company would be on 50 per cent equity sharing basis. Coal for the proposed power plants would be sourced fro

NTPC installed capacity in Chhattisgarh to reach 9,580 Mw by 2029

NTPC Western Region II, headquartered in Chhattisgarh, operates five power stations

India lead in new coal proposals in 2024, says Global Energy Monitor

Approximately 60 per cent of the 38.4 GW of India's new proposals are backed by state-owned entities (SOEs) using public funds

Punjab power regulator unveils new tariffs, no hike for domestic consumers

Punjab power regulator PSERC on Friday announced a new tariff order for 2025-26 with no hike in electricity charges for domestic consumers. The Punjab State Electricity Regulatory Commission determined the revenue surplus of Rs 311.50 crore after the requisite detailed prudence check even as power utility Punjab State Power Corporation Limited had submitted that it has a revenue deficit of Rs 5,090.89 crore and had requested an increase of tariff accordingly. An official release said in the case of domestic supply and non-residential supply consumers, the three-slab system in the electricity tariff has been converted into the two-slab system without any extra financial load on consumers. "This will help towards easy preparation and consumer-friendly bills," it said. "With the merging of slabs, no consumer will be paying anything extra. Domestic consumers with more than 300 units will be paying lower charges by approximately Rs 160 per month for loads up to 2 kW, Rs 90 a month for .