Power

Industry

Steelmakers turn power sellers as India’s electricity demand sees unusual spike

Rising coal and pellet costs have squeezed margins at small steel mills, while spot electricity prices have surged. Some producers in Chhattisgarh are cutting steel output to sell power instead.

4 min read09:29 AM IST
Markets

Adani Power shares up 27% in 2026 but Elara sees 16% more upside - What’s powering stock? Target price

Elara Capital sees thermal power’s role in India’s energy system and Adani Power’s planned capacity growth as supportive of the company’s outlook. It initiated coverage with an Accumulate rating and a ₹220 target price, noting that the shares’ recent gains limit valuation upside.

3 min read11 Oct 2026
Markets

Adani Power shares rise despite US-based FPI GQG Partners trimming stake in Gautam Adani-led company

Adani Power shares finished in green territory at ₹188.60 on Friday

2 min read9 Oct 2026
Companies

SAP India challenges order to restore software services to Nayara Energy

The German tech giant is contesting a Delhi High Court ruling that barred it from citing EU sanctions against Russian owner Rosneft to halt critical IT maintenance for the energy major.

2 min read9 Oct 2026
Markets

₹5 dividend vs ₹34 last year: Why Vedanta's dividend payout story has fundamentally changed?

Vedanta dividend 2026: The company’s board of directors approved an interim dividend of ₹5 per equity share with a face value of ₹1 each. The total dividend payout amounts to ₹1,955 crore.

2 min read9 Oct 2026
Industry

India plans Exim Bank credit lines to rescue solar exports after US tariff blow

New Delhi will offer credit lines to African and Latin American nations to help domestic manufacturers find new buyers as steep US tariffs stall exports and trigger a factory capacity glut, new and renewable energy secretary Santosh Kumar Sarangi told Mint.

4 min read9 Oct 2026
Industry

India, Singapore explore 3,000-km power transmission corridor via Southeast Asia

The proposed 2,000 MW interconnection could link Imphal with Singapore through Myanmar, Thailand and Malaysia, boosting cross-border electricity trade and regional energy security.

1 min read8 Oct 2026
Markets

Power demand cycle shifting to value; Anand Rathi suggests what investors should do with Clean Max and ACME Solar shares

Anand Rathi believes that power capacity could grow at 7.7% CAGR through FY36E, largely led by solar at 13% and wind at 10.7%.

3 min read8 Oct 2026
Markets

Adani Power shares crash over 6%, down for second consecutive session - What tech charts signal? Experts decode

Year-to-date, Adani Power share price is 26% up compared to a 16% fall in the equity benchmark Sensex and a 6% rise in the BSE Power index. Over the last six months, the stock has gained 11%.

2 min read8 Oct 2026
Markets

This Adani Group share is among Jefferies India's top 3 picks despite the RBI's 25 bps Repo Rate hike

The Jefferies India report says power companies have some protection against hikes between regulated equity, fixed rate loans and lower rate hike pass through

2 min read8 Oct 2026