Adani Power secured a tender to establish and manage a 2,400 MW thermal power plant in Bihar, investing $3 billion. The company bid ₹6.075 per unit for power supply, with the project operating under a design, build, finance, own, and operate model. This initiative is expected to create substantial employment opportunities during construction and operation.
To boost coal demand and lower electricity costs, Coal India Limited has taken a new step. Power plants using CIL coal can now sell surplus electricity in power exchanges. This began on August 1. Earlier, power generators could only supply power under existing agreements. The revised policy allows sale of un-requisitioned surplus power in the…
Adani Power has received a Letter of Intent from Bihar State Power Generation Company. The company will supply 2,274 MW of electricity. This power will come from a 2,400 MW thermal power project in Bhagalpur district. The project will use ultra-supercritical technology. Adani Power plans to invest around $3 billion in this greenfield project.
The Supreme Court has directed all states and Union Territories to clear power distribution companies’ regulatory assets within four years, potentially raising electricity bills nationwide. This ruling addresses the accumulation of over Rs 1.5 lakh crore in regulatory assets, accumulated by discoms like BSES and Tata Power, mandating a roadmap for their recovery and strict…
India’s power plants are currently reducing coal purchases from Coal India. This is happening because they are using their existing high coal reserves. Simultaneously, there’s a decrease in coal-fired power generation. Increased hydropower and renewable energy sources are contributing to this shift. Coal India’s production and supply have also seen a decline. Private miners are…
Torrent Electricals plans to invest over Rs 1,000 crore in its new housing wire vertical to boost manufacturing and distribution. The company, a new entrant in this fast-growing segment, has launched its products in Gujarat and aims to expand to other states. This move aligns with the increasing demand in the wire and cable market,…
Coal India Limited aims to supply 900.24 million tonnes of coal by 2026. This is to meet increasing electricity needs and cut down on imports. The company plans to provide most of its coal to the power sector. Coal India also focuses on cleaner technologies and diversifying its business. They are investing heavily in infrastructure…
India is considering allowing private companies to operate nuclear power plants by setting qualifying criteria focused on financial health, technical expertise, and large-scale project experience. Proposed changes to the Atomic Energy and Civil Liability for Nuclear Damage Acts are under legal review. The move aims to boost clean energy capacity from 8.8 GW to 100…
India’s power consumption saw a slight increase of 2.6 percent in July, reaching 153.63 billion units. This growth was less than expected due to heavy rains reducing the need for cooling appliances. Peak power demand dipped slightly to 220.59 GW in July. The monsoon arrived early, impacting electricity use across the country.
NTPC Ltd has awarded Accenture Solutions a contract to conduct feasibility studies for installing small modular reactors at old thermal power stations. This initiative aligns with India’s goal to achieve 100 GW of nuclear energy capacity and repurpose existing infrastructure. The conversion leverages available land, water, and transmission lines, while exclusion zones are a key…