Electricity News
Reliance wins bid for 10 GWh of battery manufacturing capacity under PLI scheme
Reliance emerged as the winner from among seven bidders for the tender that was put out in January.
1 min read4 Sep 2024Power returns to most of Venezuela after Friday’s blackout
VENEZUELA-BLACKOUT/ (UPDATE 1, PIX):UPDATE 1-Power returns to most of Venezuela after Friday’s blackout
1 min read1 Sep 2024Adani in talks to buy Reliance Power’s 600 MW thermal plant
Adani Power is in talks with CFM Asset Reconstruction Co., the sole lender of Reliance Power’s subsidiary Vidarbha Industries Power, to negotiate on the deal to acquire the latter’s 600 MW power plants in Nagpur Maharashtra.
4 min read19 Aug 2024Amid Bangladesh crisis, Centre eases norms for power exporters
Adani Power to be a key beneficiary as it is the only exclusive electricity provider to the crisis-hit Bangladesh.
2 min read14 Aug 2024Tamil Nadu electricity tariffs increased for customers as discom faces losses
TANGEDCO increased electricity tariff due to mounting financial losses, now at ₹94,312 crore in the last 10 years. Loans surged from ₹43,493 crore in 2011-12 to ₹1,59,823 crore in 2021-22, leading to 259% rise in interest.
2 min read16 Jul 2024Half a million Houston-area homes and businesses still won’t have power into next week, utility says
Half a million Houston-area homes and businesses still won’t have power into next week, utility says
4 min read12 Jul 2024The next big power play on Wall Street
Hedge funds are fighting to win top traders of electricity and natural gas. But some question whether the outsize profits of recent years can be repeated.
5 min read7 Jul 2024India’s electricity generation rises 15% in May amid record demand
Total power generation stood at 167.55 billion units in the month compared to 145.61 billion units a year ago, according to the Central Electricity Authority’s (CEA) monthly report
1 min read5 Jul 2024Adani Group plans $3-billion push for new clean-energy business
Under the plan, Adani Green will set up pumped-storage hydropower capacity of 5 GW in the next five years.While its closest rivals Tata Power, NTPC and JSW have already announced plans to enter the PSH space, the Ahmedabad-based conglomerate has the largest capex target.
6 min read23 Jun 2024Exchange prices of power increase, hit ceiling price in peak hours
At the Indian Energy Exchange, price of power booked for the next day—day-ahead market or DAM—stood at ₹6.78 per unit, up 23% from ₹5.51 a month earlier.
4 min read20 Jun 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared