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THERMAL POWER GENERATION
Weak monsoon dries up India's hydropower as dam output records sharpest fall in over two yearsIndia's hydropower generation significantly dropped in June due to a delayed monsoon. Shrinking reservoir levels limited water availability...- Economic Advisory Council to the Prime Minister calls for rapid scale-up of grid-scale battery storageIndia's electricity challenge has shifted from generation to managing availability and flexibility. Rising solar power causes grid stress a...
- IIFL initiates coverage on Adani Power with target price at Rs 240, estimates EBITDA to quadruple by FY33-35EIIFL initiated coverage on Adani Power with a 'Buy' rating and Rs 240 target price. The brokerage forecasts EBITDA to quadruple by FY33-35E...
- These large-caps have ‘strong buy’ & ‘buy’ recos and upside potential of up to 29% in one year, according to analystsFor long in the clutches of bears, the Nifty and Sensex now appear to be making serious attempts to think positively. The big question now ...
- El Nino threatens to fuel coal power surge in India, study saysA potential super El Niño could put more pressure on India's power grid than any other country's and slow its transition away from coal, ac...
- Vedanta Power shares fall 3% despite 38% jump in Q1 sales. Should you buy, sell or hold?Vedanta Power share price dipped 3% despite a significant 38% year-on-year surge in power sales for the June quarter, driven by Meenakshi E...
- Vedanta Power Q1 update: Sales rise 38% on Meenakshi boost, Sakti shutdown weighsVedanta Power reported a 38% year-on-year rise in Q1 power sales, driven by a sharp jump in Meenakshi Energy output. Sequential performance...
- Sumitomo Chemical shares soar 11%, record biggest single-day surge in nearly 2 years. Here’s whySumitomo Chemical India shares surged around 11% as heavy volumes and a major development at its Japanese parent’s Korean subsidiary lifted...
- Vedanta Power, Iron & Steel and Oil & Gas shares crash up to 8%. What’s triggering the selloff?Vedanta shares saw profit-taking after a strong rally in newly demerged entities, with most segments falling up to 8% over 14 sessions. Ved...
- India's coal-fired power output in June rises to highest since November 2023India's electricity demand surged in June, pushing coal-fired power generation to a near three-year high. Record heatwaves and a weak monso...
- MNRE opposes uniform DSM norms for renewable projectsThe Ministry of New and Renewable Energy is pushing for a distinct deviation settlement mechanism for wind and solar projects, arguing they...
- Coal India production drops 7.5 pc in Q1Coal India Limited (CIL) reported a 7.5% dip in production to 169.6 million tonnes during the first quarter of the current fiscal year, des...
- Industrial output outlook hinges on monsoon progress; coal stocks, exports may cushion weather risks: ReportAdverse weather could impact mining, but higher coal stocks and improved petroleum exports are expected to cushion the blow, supporting man...
- Power demand tops 250 GW as weak monsoon keeps heat onIndia's peak power demand is soaring above 250 GW due to lingering heatwaves, outpacing a sluggish monsoon. Authorities are preparing conti...
- UP targets 20,000 MW renewable energy capacity in next 2-3 years: Yogi AdityanathUttar Pradesh is aggressively boosting its renewable energy capacity, aiming for 20,000 MW in two to three years from the current 6,000 MW....
- Maharashtra govt accepts demand for thermal power plant audits amid concerns over fly ash disposalMaharashtra government will audit thermal power plants following assembly concerns over fly ash disposal and its environmental impact, espe...
- India nears 50% domestic coal use in import-based power plants, sources sayIndia is significantly boosting the use of domestic coal at power plants previously reliant on imports, aiming to slash costly overseas pur...
- Tata Power's Mundra thermal plant to continue operations till Sept 30 under Centre's directionsTata Power's Mundra thermal plant will continue supplying electricity for three more months until September 30, following an extension of s...
- Tata Power's Mundra plant mandated to run at full capacity till SeptemberThe power ministry has directed Tata Power's 4,150 MW Mundra plant to operate at full capacity until September 30, 2026. This extension aim...
- Power Ministry to monitor hydropower outputThe ministry, through the Grid Controller of India, will continue to assess rainfall projections, including the weather office's forecast n...
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