Gujarat has approved a supplemental power purchase agreement with Tata Power. This paves the way for the 4,000-MW Mundra power plant to restart operations soon. The agreement revises commercial terms to address cost pressures. This move will ensure operational stability for the project. It also secures power supply for Gujarat ahead of peak summer demand.
Power Grid Corporation of India’s board has approved a revised plan to merge 28 wholly owned subsidiaries into two group entities, expanding a previous proposal. This significant consolidation aims to streamline operations, reduce legal entities, and enhance efficiency within the company’s extensive transmission network. The move is subject to regulatory approvals.
Adani Electricity Mumbai, Tata Power Delhi Distribution, and Noida Power Corporation lead the nation’s electricity distribution companies in FY25, according to a Power Finance Corporation report. The rankings assess institutional capability, financial sustainability, operational efficiency, and service delivery. Power Minister Manohar Lal emphasized coordinated efforts for affordable and efficient power, alongside renewable energy transition and…