NTPC Ltd., India’s largest power producer, is identifying 30 potential sites across five to six states for new nuclear power projects. This move aligns with India’s goal of achieving 100 gigawatts of nuclear capacity by 2047. NTPC aims to select locations by mid-year, paving the way for global tenders.
India’s power sector is expected to see a year of recovery without a sharp rebound in demand, according to a report on India Power Outlook 2026 by Bernstein.
India’s battery energy storage capacity will see a massive jump in 2026. Capacity is expected to rise nearly ten times from 2025 levels. This surge is driven by a significant number of projects moving from tendering to execution. The year 2026 marks a critical point for the industry. Projects awarded since mid-2023 will become operational.
The Supreme Court has ruled in favor of Adani Power. The company will not have to pay customs duty on electricity supplied from its Mundra Special Economic Zone to the domestic market. The court set aside a Gujarat High Court order. Authorities must refund amounts deposited by Adani Power. This decision covers electricity supplied between…
The Supreme Court has overturned a Gujarat High Court ruling. Adani Power Limited will receive a refund for customs duty paid on electricity. This duty was levied on power generated in a Special Economic Zone and supplied domestically. The court stated that previous judgments had already declared such levies invalid.
Electricity trade on the Indian Energy Exchange saw a significant rise of 11.9 percent in the October to December quarter. However, renewable energy certificates experienced a notable decrease of 29.8 percent during the same period. The day-ahead market volume saw a slight dip, while the real-time market showed strong growth. The green market also recorded…
India’s NTPC is exploring a significant investment. The state-owned power giant is in discussions to acquire a minority stake in US firm Clean Core Thorium Energy. This move aligns with NTPC’s ambitious plans to expand its nuclear power capacity. The company is looking at international collaborations for technology and fuel.
India’s largest power generator, NTPC, has signed non-disclosure agreements with Russia’s Rosatom and France’s EDF to explore collaboration on large Pressurised Water Reactor (PWR) projects. These engagements cover the entire project lifecycle, emphasizing indigenisation, as India eases laws for private sector participation in nuclear energy.
Power consumption surged by nearly 7% in December, reaching 138.39 billion units, driven by increased use of heating appliances due to severe cold in North India. Peak power demand also rose to 241.20 GW, with further steady demand expected as temperatures continue to drop.
Rosatom’s Nuclear Fuel Division has supplied initial fuel for Unit 3 of India’s Kudankulam NPP, marking the first VVER-1000 units to launch with an 18-month fuel cycle. This advancement, achieved through Russian-Indian cooperation, enhances efficiency and cost-effectiveness, building on successful implementations in Russia and China.