India’s approval of electricity derivatives marks a milestone for managing rising grid volatility. These tools will support risk hedging, price discovery, and investment planning in a dynamic, renewables-driven power market
Supplies are exceeding demand during daytime and vice versa in the night on spot electricity market
The upcoming Budget and policies are expected to reflect a strong commitment to ensuring energy availability, security and reducing dependence on fossil fuels
Pakistan's government, on October 10, ended power purchase contracts with five private companies, including one with the country's largest utility that should have been in place until 2027, to cut costs.
CESC is scaling up green energy capacities. Adani Power, which once contemplated delisting, is aiming to double its electricity generation capacity base
Plants selling their entire power to neighboring countries may be allowed a domestic grid connection in case of a consistent drop in offtake or payment defaults, according to the new rules published on the power ministry’s website
While Sivaram is optimistic about the power sector, he remained cautious about the financials sector
The QIP was launched after market hours on July 30, with a base deal size of Rs 5,861 crore ($700 million) and included a green shoe option to size up to Rs 8,373 crore ($1 billion)
Chairing a meeting of Power ministers of the region in Guwahati, the minister stressed on collective efforts
The analysts expect India's data centre capacity to rise 12 times over FY24-30E to 17GW from the present 1-1.5 GW.
It is important that reforms initiated in the past are continued under the coalition government
Ordering activity revived in thermal power and transmission sectors after a prolonged period of sluggishness
For the financial year ending March 31, the Power Ministry had placed a requirement of 821 million tonnes, Joshi told PTI on the sidelines of the release of 'PM Gati Shakti National Master Plan in Coal Sector' booklet.
The growth in power demand and global geo-political challenges resulted in an unprecedented increase in national power purchase costs of 71 paise per unit in FY23, as compared to the marginal increase of 4 paise / kWh in FY22 v/s FY21, the report of the Ministry of Power stated.
Budget 2024: After falling to miniscule levels in 2018-2020, peak power deficit rose to an eight-year high in 2022-2023
PSU stocks enjoy quasi-monopolistic status and enjoy government support
It, however, falls short of the government's target of 450 GW. Clean energy transition was accelerating and the government targets pointed to RE investments rising 3x in the coming years
The company will continue to benefit from higher merchant sales and realisations, thanks to increasing peak power deficit. Strong pipeline of projects would support growth and earnings.
Value-investing veteran and the former Chief Investment Officer of HDFC AMC says consumer discretionary companies should grow at a faster pace and they include automobiles. He also shares his thoughts on luxury cars and consumer discretionary companies, with Zomato being a top pick.
After commissioning an 800 MW power plant, NTPC stock gained 3.5% to hit a fresh 52-week high.
The latest version of the Grid Code mandates regular cybersecurity audits by all users. This is yet another step by agencies such as the Central Electricity Authority (CEA) and Central Electricity Regulatory Commission (CERC) to help prevent cyberattacks in the power sector.
Digant Haria, founder of Greed Edge Wealth, explains the business models of these companies, the challenges they face on margins and why a big improvement in the financial health of ailing electricity boards may turn out to be counterproductive.
The India opportunity is so attractive right now, and the next 25 years are truly going to be India's years, says Sumant Sinha, founder, chairperson and CEO of ReNew. We'll need almost $500 billion just for the electricity sector over the next 7-8 years, he says.
The power sector is witness to India’s bullish trajectory with the renewables revolution happening, rapid acceleration in transmission infrastructure, policy support creating a favourable investment climate, and innovative financing models enticing developers
The programme would strengthen the environmental and social systems applicable to the state's power sector for better monitoring and evaluation of these aspects.