Power Sector News
Capital goods sector to gain from renewable energy and T&D expansion, says ICRA; forecasts 18% profit growth
ICRA forecasts a positive outlook for India’s capital goods sector, citing substantial investments in power and data centers. It anticipates a revenue growth of 13-15% for FY2026, supported by a strong order book and rising profit margins.
2 min read4 Mar 2025Anil Ambani’s Reliance Power in trouble as renewable energy agency initiates criminal action over fake bid
Solar Energy Corporation of India Ltd (SECI) has sent a notice to Reliance Power after a subsidiary of the power firm submitted fake documents for a tender bid.
1 min read14 Nov 2024Adani Power stops Bangladesh’s power supply due to $846 million pending dues: Report
Adani Power Jharkhand Limited, a wholly-owned subsidiary of Adani Power, has stopped half of its power supply to Bangladesh because of outstanding bills, reported the news agency PTI.
2 min read1 Nov 202412.8 GW of thermal projects awarded in first 100 days of NDA 3.0, says government
Union minister for power and housing & urban affairs Manohar Lal Khattar said there is a need to continue installing new thermal capacities as the supply of green power is not yet in line with demand.
2 min read23 Sep 2024Reliance Power share price surges 5%. Here’s why
Stocks in focus: Reliance Power has successfully settled a substantial debt owed by its former subsidiary, Vidarbha Industries Power Limited (VIPL).
1 min read18 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 2024India’s power sector has huge potential. Here are four stocks to consider.
India’s power industry is poised to become a significant exporter of electricity, with existing connections to the grids of Bangladesh, Bhutan, and Nepal, and plans to expand these to other neighbouring nations.But this growth potential comes with significant challenges, so tread carefully.
4 min read30 Jul 2024More than 30 GW of generation capacity out of commission as power demand soars
According to data from the Grid Controller of India, there has been a ‘generation outage’ of more than 30 GW on all but two days since May 18.The delayed monsoon is partly to blame, as many plants have been unable to conduct scheduled maintenance amid elevated demand.
2 min read21 Jun 2024BSE Power records 107% surge in a year, 9 stocks including NTPC, Tata Power jump between 100% and 400% – here’s why
Power stocks are surging due to increased power demand from economic activities, with major players like Suzlon Energy and Bharat Heavy Electricals showing significant gains. The country’s power consumption is rising, driven by industrial and household sectors.
3 min read21 May 2024Power Sector: Is it heading towards another collapse? Bernstein answers
The brokerage is overweight on NTPC, PowerGrid, and ReNew while retaining an underweight rating on IEX and Adani Green.
6 min read6 Mar 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