Thermal Power

CIL earnings may stay under pressure amid weak volumes, market share loss

CIL earnings may stay under pressure in FY26 due to weak volumes, lower e-auction prices, rising costs, and growing market share of captive and commercial miners

India's grid gets ready to deal with 'too much' green energy risk

As unprecedented amount of RE flows in, grid managers devise ways to prevent supply disruptions

Power Mech wins ₹972 cr township project at Yadadri Thermal Power Station

Power Mech secures ₹972 crore TSGENCO township project at Yadadri Thermal Power Station covering residential quarters hospital school sports complex and key infrastructure works

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

UP govt okays plan to buy 1,500 MW power via bidding from thermal plant

The Uttar Pradesh government on Tuesday approved a proposal to procure 1,500 MW power from a 2x800 MW (1600 MW) thermal power project through a competitive bidding, in a move aimed at bridging the state's growing electricity demand. The decision in this regard was taken at the cabinet meeting chaired by Chief Minister Yogi Adityanath. According to Energy Minister AK Sharma, the state is projected to require an additional 10,795 MW of thermal power by 203334 to meet its rising energy needs. The procurement of 1,500 MW from the upcoming project is a part of the state's long-term planning to ensure energy security. In the bidding process, Adani Power emerged as the lowest bidder, quoting a fixed charge of Rs 3.727 per unit, a fuel charge of Rs 1.656 per unit, making the total tariff Rs 5.383 per unit (kWh). A Power Supply Agreement (PSA) will be signed with the company for a period of 25 years, at the quoted tariff of Rs 5.383 per unit, as per the terms of the long-term power bid.

PM Modi to announce, inaugurate multiple projects in Chhattisgarh on Mar 30

Prime Minister Narendra Modi will lay the foundation stone, initiate the commencement of work and dedicate to the nation multiple development projects of more than Rs 33,700 crore related to various sectors in Chhattisgarh on Sunday. He will also lay the foundation for various projects, initiate the commencement of works, and address a public meeting during his first visit to the state after the 2024 Lok Sabha elections. Around 2 lakh people are expected to attend the function in Mohbhatta village of Bilaspur district, officials said, adding that security has been heightened in the area. The prime minister will reach Bilaspur at around 3:30 pm and lay the foundation stone, initiate the commencement of work and dedicate to the nation multiple development projects of over Rs 33,700 crore. He will also address a public meeting, an official statement said. The dedication of projects, laying of foundation stones, and commencement of work will be conducted virtually by Modi from Mohbhat

JSW Group to invest in cement, renewable & thermal power sectors in Assam

Advantage Assam 2.0 Summit: Sajjan Jindal spoke on the strategic importance of the Northeast in India's economic trajectory, noting the region will play a crucial role in India's economic growth

JSW Energy shares surge 15% in 4 sessions; analysts see up to 51% upside

JSW Energy share: According to reports, global brokerage Morgan Stanley has maintained its 'Overweight' rating on JSW Energy stock

THDC enters thermal energy sector, begins ops of 660-MW unit at UP plant

THDC India has started commercial operations of a 660-MW unit at its Khurja Power Plant, marking an entry into the domestic thermal energy sector, the company's CMD R K Vishnoi said. Until now, the company was generating 1,424 MW from hydro, 113 MW wind and 50 MW solar energy. THDC India Ltd (THDCIL) is setting up a 1,320 megawatt (2X660 MW) super thermal power project (STPP) at Bulandshahr district in Uttar Pradesh (UP) at an investment of around Rs 13,000 crore, Vishnoi told PTI. "We have achieved a monumental milestone in our commitment to strengthening India's power generation capacity. Unit 1 of 660-MW has started commercial operations from the midnight of January 25, 2025," he said. The second unit will also be operational soon. The date is being worked out, after which the whole project will be operational, the official said. Sharing the details of the greenfield project, he said the foundation stone for the project was laid by Prime Minister Narendra Modi on March 9, 2019.

Weak merchant gains in Q3, but firms bet on recovery in long term

Of the company's 3,858 megawatt (MW) thermal assets, 34 per cent is in the open market as of December, 2024

Torrent Power to invest Rs 18K cr in thermal power plant in Madhya Pradesh

Investment proposals worth Rs 32,520 crore received at RIC Shahdol, over 30,000 jobs expected to be created

Adani Group plans Rs 20K crore super critical thermal power plant in Bihar

Billionaire Gautam Adani's conglomerate plans to invest Rs 20,000 crore in setting up a super critical thermal power plant in Bihar even as it expands its cement, food processing and logistics business in the state. Speaking at the Bihar Business Connect 2024, Pranav Adani, Director, Adani Enterprises Ltd, said the ports-to-energy conglomerate is invested in three sectors in Bihar - logistics, gas distribution and agri logistics, where it has already invested around Rs 850 crore. "We are now going to invest another Rs 2,300 crore in these sectors. This investment will not only massively increase our warehousing and handling capacity and expand our presence in the EV, city gas distribution (CGD) and compressed biogas (CBG) space but will also generate an additional 27,000 direct and indirect local job opportunities," he said. The group is also looking to potentially invest another Rs 1,000 crore in developing strategic infrastructure in Bihar, like Gati Shakti Railway Terminals, ICDs

Outstanding dues of discoms decline 82% in over 2 years to Rs 24,000 cr

Power distribution utilities (discoms) legacy dues have come down by a whopping 82 per cent in over two years to Rs 24,684 crore this month, Parliament was informed on Thursday. Around 13 states reported arrears amounting to Rs 1,39,947 crore as of June 3, 2022, and rescheduled them into EMIs (equated monthly installments), Minister of State for Power Shripad Naik said in a written reply to Rajya Sabha. The minister said after the payment of 29 EMIs by the distribution utilities, including pre-payment of legacy dues by some utilities, the outstanding dues have reduced to Rs 24,684 crore as of December 6, 2024. The discoms have paid Rs 1,15,263 crore outstanding since June 2022, he added. In another reply, Naik said that the Ministry of Power, in consultation with states, has envisaged a plan to add thermal capacity of a minimum 80,000 MW by 2031-32. Against this target, 29,200 MW thermal capacity is already under construction while 51,520 MW is at various stages of planning & ...

NTPC approves Rs 80k cr investment proposals for 6,400 MW thermal capacity

Power giant NTPC on Tuesday said its board has approved investment proposals worth about Rs 80,000 crore for thermal projects totalling 6,400 MW. The board of directors has accorded investment approval for Telangana Super Thermal Power Project, Phase-II (3x800 MW) at an appraised current estimated cost of Rs 29,344.85 crore, the company said in an exchange filing. The board also approved the proposal for Gadarwara Super Thermal Power Project, Stage-II (2x800 MW), at an estimated cost of Rs 20,445.69 crore, it said. The board also accorded investment approval for Nabinagar Super Thermal Power Project, Stage II (3x800 MW) at an appraised current estimated cost of Rs 29,947.91 crore. NTPC, under the Ministry of Power, is the country's largest power generation company. The NTPC Group's installed power generation capacity was 76,443 MW as of September 30, up from 73,824 MW a year earlier. The company's installed capacity also increased on a standalone basis to 59,168 MW from 57,838 MW

Schneider Electric to buy data centre cooling firm Motivair for $850 mn

The US is the largest market but demand for data centres is growing elsewhere too

Adani, Jindal Power among bidders for Sinnar Thermal Power takeover

The Sinnar Thermal Power Plant entered insolvency in January 2024 following Shapoorji Pallonji & Co's plea over unpaid construction dues

Peak power demand declines in Sept; renewable energy generation increases

While coal and gas-based power generation experienced reductions of 5% and 15%, respectively, hydro, nuclear, and renewable energy sources saw a rise

Adani Power signs agreement to acquire Dahanu Power for Rs 815 crore

In a two-step deal, AESL transferred the asset-holding subsidiary to Adani Properties, which in turn sold it to Adani Power

Greenzo Energy gets hydrogen project; order book stands at Rs 1,200 cr

Greenzo Energy on Monday said it has secured a multi-crore hydrogen project taking the worth of its total order book to Rs 1,200 crore. The latest contract has been awarded by the state-owned Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO), Greenzo Energy said in a statement. "With the TANGEDCO green hydrogen project, the order book now stands at Rs 1,200 crore," the company said. This project will be implemented at the 2x660 MW Ennore SEZ Supercritical Thermal Power Plant, owned by TANGEDCO, Greenzo Energy said. The company did not disclose the value of the order on account of contract agreements. "Greenzo Energy will establish a hydrogen generation plant with a capacity of 20 normal cubic meters of hydrogen per hour, marking a key milestone in advancing India's Green Hydrogen Mission. The project is scheduled to be completed within 18 months timeframe, " Sandeep Agarwal, Founder and Managing Director of Greenzo Energy India Limited, said. The electrolyzers

Thermal capacities needed till RE supply equals demand: Power minister

There is a need to continue with installation of new thermal capacities as the supply of green power is not in line with demand, Union Minister Manohar Lal said on Monday. He also said that any call on reducing installation of thermal capacities can only be taken after 2030. The union power minister made the remarks at an event to brief 100-day achievements of the Modi-3.0 government in the national capital. "Till the supply of renewable energy does not matches the demand, it seems necessary to increase the capacity of thermal plant in the country, and reduce its installation gradually. But till 2030-35, We have to take these (thermal projects) ahead," Lal said. The government is looking to set up an additional 80 GW coal-based capacity by 2031-32. According to Power Secretary Pankaj Agarwal, in 100 days of the present government, 12800 MW or 12.8 GW capacity has been awarded for construction, while 28 GW is under progress. The minister further said that the National Electricity