India is pressing its coal producers to enhance fuel quality due to persistent complaints from the power sector regarding shipments failing to meet agreed specifications. The power ministry has proposed measures, including rigorous testing upon arrival and auger sampling, to ensure accuracy and address discrepancies in heating value and composition. These issues impact costs, railway…
Tariff guidelines for nuclear plants are given by the Department of Atomic Energy, unlike all other state-owned plants, the tariff for which is regulated by the Central Electricity Regulatory Commission. However, the rate of return on equity for nuclear plants is the same as for thermal power plants in the ongoing five-year tariff period of…
India’s electricity demand experienced a nearly 1.5% drop in the April-June quarter, the first decline since the 2020 pandemic. A cooler summer reduced air conditioner usage, impacting coal-fired power plants, while renewable energy sources saw a significant surge. This shift raises concerns about forecasting future consumption and planning infrastructure investments due to climate variability.
DCNT Global has commissioned a 3GWh battery energy storage system (BESS) plant in Khed City, Chakan, Pune. The fully automated facility is set to begin production in Q3 2025. This initiative supports India’s renewable energy targets and aims to meet the increasing demands of various sectors while contributing to national green energy initiatives.
Adani Power successfully acquired Vidarbha Industries Power Ltd. (VIPL) for ₹4,000 crore, adding a 2×300 MW power plant to its portfolio. The acquisition, approved by NCLT Mumbai and implemented on July 7, 2025, increases Adani Power’s operating capacity to 18,150 MW. The company aims to reach 30,670 MW by FY 2029-30, supporting India’s ‘Electricity for…
The Centre is preparing to introduce significant amendments to nuclear power laws, potentially allowing private sector involvement in key areas like atomic mineral exploration, mining, and fuel fabrication. These changes aim to reshape the nuclear power ecosystem, currently dominated by the Department of Atomic Energy.
India is set to introduce electricity futures contracts, a move approved by SEBI for both NSE and MCX. This initiative aims to help distribution companies and industries manage price volatility and improve long-term planning amidst economic growth and energy transition. Experts believe this will stabilize prices, offer supply certainty, and incentivize peak demand management.
Tata Group, through Tata Power, is reportedly in discussions to acquire the remaining shares of Resurgent Power Ventures Pte from ICICI Venture Funds Management Co., Kuwait Investment Authority, and Oman Investment Authority. The deal values Resurgent at approximately $2.1 billion, including debt. Resurgent’s assets include a significant stake in Prayagraj Power Generation Co. and other…
The two companies’ total dues to REC from these SPVs were at Rs 1,393.6 crore at the end of March 2025. In a letter to principal secretary Rahul Bojja, last week REC had said that unless payments are made by June end, the accounts could slip into NPA.
Nearly 27 lakh power sector employees across India are preparing for a nationwide strike on July 9, protesting the Uttar Pradesh government’s decision to privatize two major electricity distribution companies. The All India Power Engineers’ Federation warns that this move could disrupt power supply and deprive farmers and low-income households of subsidized benefits. Demonstrations are…