The company also disclosed that it has signed PPAs for around 55% of its under-construction capacity, and commissioned projects worth 350 MW capacity during Q1FY26. Out of this 350MW, the solar capacity at Sikar, Rajasthan, worth 300 MW, has been contracted by SECI.
State-owned power equipment maker Bhel today said it has added 45,274 MW capacity during the 12th Five Year Plan period (2012-17) beating the targets set for the company.
The company's arm, Suzlon Global Services, received a provisional credit rating of 'A-' and a stable outlook from ratings agency CARE.
Wind turbine maker Suzlon Energy plans to add to 1,500 megawatt of power capacity. Out of this 1,500 megawatt, 500 megawatt will be wind and solar, the hybrid solution.
India's rush to add power capacity after years of under-investment has forced electricity generators including NTPC Ltd to import coal heavily as state-run monopoly Coal India Ltd has struggled to meet demand.
The coal ministry today made it clear that it would not be able to provide coal to thermal power projects that are expected to be set up in the next five years. Coal Minister Sriprakash Jaiswal said that some projects require coal linkages and hence, the ministry would not be in a position to provide coal linkages to power projects.
In its annual general meeting today, Reliance Power informed its stakeholders that it is expecting to increase power capacity to 5,000 mega watt by the end of next year.
Sandeep Shenoy, Head of Research, Antique Stock Broking talks to CNBC-TV18 about his cherry picks for the day.
There are times when you want to invest but looking at all the factors around you, you are put off. This is one such time. Equity is down 10% year to date but up by close to 3% from pre budget lows, with the Sensex at current levels of 18000 up from levels of 17500 seen in February 2011.