Centre looks to deepen power distribution reforms despite early financial turnaround at discoms.
India’s thermal share set to fall below 70% as demand cools, renewables surge.
MSEDCL expects cost savings to the tune of Rs 66,000 crore from a reduction in power procurement costs over the next five years, as it looks to increase the share of renewables from the current 13% to 52% in terms of total energy consumption by 2030.
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AI's explosive growth is driving an unprecedented energy crisis, with data centres projected to consume up to 20% of global electricity by 2035 as tech giants scramble for nuclear solutions.
Centre pushes states to monetise transmission assets through a proposed tax-efficient model as India readies for a massive grid expansion requiring Rs 9.1 lakh crore by 2032.
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.
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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
Nara Lokesh told Moneycontrol in an interview that the state is building a dedicated renewable energy ecosystem to meet rising power and water demand from data centres, instead of imposing restrictions like some global peers.
India’s 500 GW non-fossil energy goal depends on open access policies that enable businesses to buy renewable power directly, driving investment, reducing costs, and accelerating the clean energy transition
The state government had in May cleared Uttar Pradesh Power Corporation Ltd’s request for privatisation of distribution in 42 districts and passed it on UPERC for scrutiny
The GST Council has also reduced the tax for hydrogen fuel cell vehicles from the current 12% to 5%
Thermal power remains crucial to India's energy security despite the shift to renewables. Public and private sectors play key roles in expanding and modernising capacity, ensuring reliable power amidst growing demand
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
Improved collections are also translating into a drop in receivables, thereby improving financial outlook for power assets
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.
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
Karnataka cabinet also approved the formation of five new corporations under the Greater Bengaluru Authority.
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.
Attackers can enter the network through wind installations and move on to other high-value assets. India thwarted nearly two lakh cyberattacks targeting its power sector during Operation Sindoor.
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.