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  • Power consumption up 3% at 57.22 billion units in October 1-15 Oct 17, 2021 12:40 PM IST

    Power consumption up 3% at 57.22 billion units in October 1-15

    Last year during October 1-15, power consumption stood at 55.36 BU which was higher than 49.66 BU in the same period in 2019.

  • Coal ministry to augment fuel supply to power sector from captive mines Oct 15, 2021 04:20 PM IST

    Coal ministry to augment fuel supply to power sector from captive mines

    The development assumes significance in the wake of the country's power plants grappling with coal shortages.

  • SECI invites EoI for 1GWh battery energy storage system Oct 14, 2021 05:56 PM IST

    SECI invites EoI for 1GWh battery energy storage system

    Solar Energy Corporation of India (SECI), a CPSU under Ministry of New and Renewable Energy, has called for the expression of interest for procurement of 1,000 MWh BESS, a statement by power ministry said.

  • PMO reviews coal supply, power availability situation Oct 13, 2021 08:47 AM IST

    PMO reviews coal supply, power availability situation

    To defuse the crisis, the Union power ministry has issued instructions ranging from asking states not to sell power at high prices on the exchange to ordering state electricity generators to ensure adequate supplies.

  • Looking forward to working with India to make it energy independent by 2047: ExxonMobil leadership Oct 12, 2021 11:00 AM IST

    Looking forward to working with India to make it energy independent by 2047: ExxonMobil leadership

    Peter Lavoy, Senior Director, Asia Pacific, International Government Relations at ExxonMobil, made the remarks after his meeting with Finance Minister Nirmala Sitharaman here on Monday.

  • NTPC has halved power supply to Delhi: Power Minister Satyendar Jain Oct 11, 2021 01:12 PM IST

    NTPC has halved power supply to Delhi: Power Minister Satyendar Jain

    Most of the National Thermal Power Corporation(NTPC) plants are running at 55 percent capacity as their coal stocks are enough for one-two days, he claimed.

  • No power crisis in MP due to coal shortage, state in 'better position', claims minister Oct 11, 2021 07:45 AM IST

    No power crisis in MP due to coal shortage, state in 'better position', claims minister

    The minister also said that the state government has floated tenders to purchase eight metric tonnes of coal for its power stations.

  • Congress raises coal shortage issue, says power rates may be hiked next Oct 11, 2021 07:39 AM IST

    Congress raises coal shortage issue, says power rates may be hiked next

    Several states have warned of a power outage in the wake of a severe coal shortage, but the coal ministry has asserted that sufficient dry fuel is available in the country to meet the demand of electricity generating plants and has dismissed as "entirely misplaced" any fear of disruption in power supply.

  • Resolution of SEBI-CERC jurisdiction issue to deepen power market, says power ministry Oct 07, 2021 03:43 PM IST

    Resolution of SEBI-CERC jurisdiction issue to deepen power market, says power ministry

    The statement came a day after the Supreme Court disposed of the long-pending matter between the SEBI and the CERC regarding regulatory jurisdiction of electricity derivatives.

  • Power cost to remain high as imported coal prices soar: Ind-Ra Oct 04, 2021 04:06 PM IST

    Power cost to remain high as imported coal prices soar: Ind-Ra

    The coal production by Coal India increased marginally to 209.2 million tonne (mt) in April-August period of the ongoing fiscal year as compared to 195 mt in the year-ago period, Ind-Ra said.

  • Punjab to waive pending bills of consumers having power connection of up to 2 kW Sep 29, 2021 04:26 PM IST

    Punjab to waive pending bills of consumers having power connection of up to 2 kW

    The Punjab Cabinet also decided that disconnected electricity connections of consumers who could not pay their bills will also be restored.

  • India's peak power demand hits new record of 200570 MW in July Aug 03, 2021 02:53 PM IST

    India's peak power demand hits new record of 200570 MW in July

    The country witnessed the highest ever demand for power at 12:01 hours on July 7, 2021. This demand of 200570 MW was 17.6 percent higher than 170545 MW in July 2020 (on 2nd at 22:21 hours), a power ministry statement said.

  • NTPC: A stock that can provide certainty, consistency and predictability Aug 03, 2021 10:22 AM IST

    NTPC: A stock that can provide certainty, consistency and predictability

    NTPC offers a good risk reward at current market price

  • Torrent Power acquires 50 MW solar power plant from Lightsourcebp & UKCI Jul 31, 2021 01:34 PM IST

    Torrent Power acquires 50 MW solar power plant from Lightsourcebp & UKCI

    This acquisition takes Torrent Power’s total generation capacity to over 4.5 GW (including under construction projects) and its renewable portfolio to more than 1.6 GW.

  • Indian Energy Exchange continues to deliver volume-led growth Jul 26, 2021 12:15 PM IST

    Indian Energy Exchange continues to deliver volume-led growth

    We are expecting close to 22-24 per cent YoY growth in revenues for IEX in the current fiscal with a good improvement in operating margins

  • Despite COVID-19 crisis, peak power demand in FY21 surpassed previous year's levels by 3.5%: Govt Jul 22, 2021 02:33 PM IST

    Despite COVID-19 crisis, peak power demand in FY21 surpassed previous year's levels by 3.5%: Govt

    "By the end of the financial year 2020-21, in January 2021, the peak demand in the country had not only recovered but with a peak demand of 190,198 MW, surpassed the previous year’s peak demand of 183,804 MW which, occurred during the year 2019-20, in the month of June, 2019," Power Minister RK Singh said.

  • India's power consumption returns to pre-COVID level in first fortnight of July; up 17% to 59.36 BU Jul 15, 2021 12:21 PM IST

    India's power consumption returns to pre-COVID level in first fortnight of July; up 17% to 59.36 BU

    Power consumption was recorded at 52.89 BU in the first fortnight of July in 2019. Thus, consumption of power has not only grown year-on-year but also returned to pre-pandemic level.

  • Power demand in India expected to grow 6% in FY22: ICRA Jul 13, 2021 03:52 PM IST

    Power demand in India expected to grow 6% in FY22: ICRA

    ICRA has also estimated power generation capacity addition at 17- 18 GW for the ongoing fiscal year.

  • FM Nirmala Sitharaman allocates Rs 3.03 lakh crore for reform-based, result-linked power distribution scheme Jun 28, 2021 04:51 PM IST

    FM Nirmala Sitharaman allocates Rs 3.03 lakh crore for reform-based, result-linked power distribution scheme

    FM Nirmala Sitharaman said that states have already been allowed additional borrowing for four years up to 0.5 percent of the Gross State Domestic Product annually, subject to carrying out specified power sector reforms.

  • IEX starts cross-border electricity trade on its platform Apr 19, 2021 04:48 PM IST

    IEX starts cross-border electricity trade on its platform

    This is a first-of-its-kind initiative for the exchanges to expand their power markets beyond India to the South Asia region towards building an integrated South Asian regional power market, IEX said in a statement.

  • Ideas For Profit | Does JSW Energy have enough steam to power ahead? Apr 05, 2021 04:20 PM IST

    Ideas For Profit | Does JSW Energy have enough steam to power ahead?

    JSW Energy, a subsidiary of JSW Group, was able to report 14 percent year-on-year growth in net profits during December quarter of the fiscal year 2021. Its balance sheet has got the backing of low debt and surplus cash. With new projects in the pipeline, does JSW Energy have enough steam to power ahead? Watch the video to find out.

  • India's annual electricity usage falls first time in 35 years Apr 01, 2021 12:57 PM IST

    India's annual electricity usage falls first time in 35 years

    Power generation fell 0.2 percent during the year 2020/21, compared with the previous year, an analysis of daily load despatch data from federal grid operator POSOCO showed, mainly due to the imposition of lockdowns that resulted in a decline in electricity production for six straight months ending in August.

  • Ideas For Profit | Will railway engineering sector chug along or pick up speed? Mar 30, 2021 06:37 PM IST

    Ideas For Profit | Will railway engineering sector chug along or pick up speed?

    While some of the other sectors are trying to get back on their feet, railway engineering is running on high steam. During Q3, companies in the railway engineering space delivered 17% sequential growth in revenue and showed healthy improvement in margins. So, which are the stocks investors can hop on to? Find out in this edition of Ideas For Profit

  • India can hold electricity-sector emissions by increasing clean power capacity: Report Mar 30, 2021 12:15 PM IST

    India can hold electricity-sector emissions by increasing clean power capacity: Report

    A new study recently published in the Proceedings of the National Academy of Sciences from researchers at Berkeley Lab, University of California, Santa Barbara, and University of California, Berkeley, shows India can aim even higher with its renewable energy goals.

  • Indian Energy Exchange: Creating a valuable franchisee model Mar 25, 2021 10:37 AM IST

    Indian Energy Exchange: Creating a valuable franchisee model

    The company has built a strong competitive advantage and a dominant position in the power trading space. This is only growing as more and more volumes shift to exchanges.

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