Ministry of New and Renewable Energy (MNRE) will cut the pace of renewable energy auctions in FY26-27 amid surplus supply and connectivity hurdles. However, India is still on track to achieve its 500 GW non-fossil fuel-based power generation target by 2030, MNRE Secretary Santosh Kumar Sarangi told Moneycontrol.
Tata Power has 5.4 GW of projects in pipeline and we will be able to complete all this in the next two years. So, any new bid that we win will come only in the third year. This is in fact the current scenario for the entire renewable energy sector in India, which is why the government is reassessing its scale of tendering such projects, Sinha said.
The draft rules states that any organization that owns, operates, manages, or interfaces with power infrastructure connected to the electricity grid will have to prepare a board-approved cyber security policy, designate a Chief Information Security Officer (CISO), and align to standards by the Power Ministry.
The move is likely to see opposition from some states as they fear it would reduce their control over the power sector. The Ministry of Power, however, stated that government discoms will continue to operate alongside private licensees in a regulated, level-playing environment.
The proposed restructuring scheme for state-owned discoms can be seen as a preparatory platform for the Indian government’s larger goal to implement the draft Electricity Amendment Bill, 2025 which seeks to introduce competition in the power distribution sector by ending the monopoly of state-owned discoms.
Coal minister G. Kishan Reddy said the environment ministry has now exempted pilot underground coal gasification projects from environmental clearance, ensuring faster implementation
For industry, the defining feature of India’s electricity framework has been the statutory need to cross-subsidise retail users. The draft bill proposes the undo this aspect, potentially transforming manufacturing by enhancing its global competitiveness
China is stringing an extension cord across the roof of the world. If it hums as planned, it will light coastal cities and lock the Tibetan plateau more firmly into the national core. It is a lesson in how clean energy and state power can travel together
Scientists have discovered the phenomenon of Flexoelectricity which means bending ice generates electricity, offering fresh insight into how thunderstorms create lightning.
The move is likely to translate into a reduction of around Rs 12 paisa per unit in their cost of electricity supply as coal-based capacity accounts for nearly 70% of total generation at an all-India level, according to ICRA Ltd.
The GST Council has also reduced the tax for hydrogen fuel cell vehicles from the current 12% to 5%
The National Designated Authority (NDA) will help India access international climate finance and carbon markets. It is likely to also help position India better as it has proposed to host the United Nations climate summit (COP 33) in 2028.
Karnataka sets record with 143 million units of renewable power generation on August 18, cutting dependence on thermal power
As a result, at least 50% cost of every transmission project is going on component procurement, said RK Tyagi, CMD of PowerGrid, a PSU with an effective executable order book of Rs 1.9 lakh crore.
Theoretically, it can be deduced that the market share of Indian Energy Exchange (IEX) will decline to 33.33% in due course of time with the implementation of market coupling, JM Financial said in a press note issued on July 30
Implentation of market coupling would mean there will be only one price for electricity traded through the exchanges at any point of time.
Operating thermal power plants at low capacity to allow higher injection of renewable energy into the grid during the day is expensive and leads to higher per unit cost of coal-fired electricity
Justifying its reversal of the mandate, the environment ministry said current exposure levels provide no credible evidence to suggest that sulphur dioxide (SO₂), under prevailing ambient conditions, is a major public health concern.
India's peak power demand touched 243 GW this year, much lower than the previosuly projected 270 GW. Senior power ministry officials now expect to see the current year's peak power demand in September, courtesy an early onset of monsoon and pre-monsoon rains during summers.
Power plants are well equipped with coal for the monsoon months, according to ministry officials.
In the initial months after the launch of electricity futures, the exchange will not charge a per transaction fee.
The milestone will put India in the league of countries like China, Iceland, Norway, Brazil, New Zealand and Denmark, where clean energy capacity is 50 percent or more.
The government is also planning to set up one nuclear power plant in every state that does not fall under the Seismic Zone 5 and may consider the 'fleet mode' in order to ramp up capacity addition.
The Union Minister for Power said that in an unprecedented feat, India added its highest-ever generation capacity of 34 GW during 2024-25, with renewable energy accounting for 29.5 GW.
The change is expected to improve the accuracy and robustness of CPI estimates, particularly in light of the increasing complexity of electricity billing structures across states