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INDIA PEAK POWER DEMAND
Eye for an eye? Think AI for AI: How one startup is using AI to make AI chips more energy-efficientDiscovered Materials, a groundbreaking startup led by founders Akash Ramdas and Advaith Sridhar, is dedicated to advancing chip materials. ...
Gujarat gets 1.6 GW extra power from central stations amid high demand, Tamil Nadu and J&K also get additional allocationAmid high power demand, the power ministry has allocated additional electricity to several states including Gujarat. Gujarat has received 1...
Power to empower must include the power to stay well“The true value of power lies in its purpose,” the Prime Minister told the Bloomberg New Economy Forum in October. India’s next lever of po...
Nifty's PEG ratio near 10-year low but why don't stocks look cheap yet? Valuation paradox explainedNifty’s PEG ratio approaches a decade low, suggesting an enticing potential for valuation and earnings growth. The substantial drop in the ...
Peak power demand falls as cooling needs easeIndia's peak power demand has decreased to approximately 234 GW following a period of elevated consumption earlier in October, which exceed...
Torrent Power says 3,000-MW Karjat pumped storage project outside Bhimashankar SanctuaryThe company in a statement said the project, which will supply power to Maharashtra, would support grid stability as the share of solar and...
Sri Lanka seeks faster green energy shift after oil shocksSri Lanka is facing significant challenges in its transition to renewable energy due to rising oil prices. The government plans to increase...
Why AI data centers are powering a boom in fuel-cell demandA fuel cell generates electricity through a chemical reaction between a fuel, such as natural gas or hydrogen, and oxygen, converting the f...
Adani Power profit surges 142% on strong demand amid weak rainsAdani Power has reported a 142% increase in net profit for the July-September quarter. This profit was driven by strong electricity demand ...
Silver hits 11-month low of ₹1.95 lakh as crude stokes inflation fearsOn the Multi Commodity Exchange (MCX), silver futures fell ₹6,799 per kg, or 3.4%, to ₹1,92,800 per kg on Friday. Prices have plunged ₹32,9...
Adani Power CEO puts Q2 numbers in perspective, gives a peek into the road aheadAdani Power CEO Khyalia said that the company remained focused on delivering reliable, high-quality electricity on schedule to meet India’s...
Banking liquidity surplus shrinks to Rs 541 crore as cash crunch increasesLiquidity surplus in the banking system was reported at ₹541 crore as of October 21. Banks have increased fund parking to meet their daily ...
Adani Green Energy shares fall 4% after Q2 results. What are Jefferies, JM Financial saying?Adani Green Energy reported a 15% year-on-year rise in Q2FY27 net profit to Rs 673 crore, while revenue grew 39% to Rs 4,520 crore. Shares ...
Coal supply to power plants to normalise soon, Indian official saysCoal supply to Indian power plants is being increased, with a record 2.6 million tons delivered daily. The number of plants with critically...
Gujarat asks factories to curb power usage as demand surgesGujarat state has requested factories to limit their electricity consumption during peak evening hours from 5 p.m. to 11 p.m. The call come...
India's power crunch deepens as 96 coal plants face fuel shortagesIndia's coal-fired power plants are currently experiencing critical fuel shortages due to rising energy demands. This surge in electricity ...
Govt shelves import plan to tackle diminished coal stockpilesIndia has shelved a proposal to mandate coal imports because of rising costs and a weaker rupee. Policymakers are instead encouraging Coal ...
Peak power demand exceeds 250 GW through most of SeptemberIndia's power sector planner recently said the country will require additional base load through conventional sources such as thermal power...
India needs Rs 15 lakh crore to add 91 GW nuclear capacity by 2047: CEA chiefIndia needs to invest Rs 15 lakh crore to enhance its nuclear capacity to 91 GW by 2047. The Central Electricity Authority Chairman stated ...
More thermal capacity needed to meet power demand, says CEA chiefIndia's electricity demand has grown significantly this year, with peak demand reaching record levels in recent months. The Central Electri...