Power
'High-voltage direct current lines supply chain needs sops'
India's HVDC transmission line project encounters supply chain issues. Pratik Agarwal suggests capital incentives for ecosystem development. This is crucial for meeting clean energy demands. He proposes a capital subsidy package within 3-4 years. Limited equipment imports with technology transfer are advised. While HVAC lines are planned, HVDC systems remain vital for long-distance transmission.
JSW, Vedanta, Adani among companies keen to buy GVK Energy's asset
JSW Energy, Adani Power, and Vedanta are among the companies vying for GVK Energy's 330 MW Alaknanda hydro power project in Uttarakhand, as insolvency proceedings against GVK Energy move forward. Several other firms, including Torrent Power and Jindal Steel & Power, have also expressed interest in acquiring the plant.
Adani Power, Druk Green Power to set up a 570MW hydro power project in Bhutan
Adani Power and Druk Green Power Corporation (DGPC) have partnered to develop the 570 MW Wangchhu hydroelectric project in Bhutan, with an investment of approximately Rs 6,000 crore. This project will meet Bhutan's winter power demand and export surplus energy to India during summer.
Bhutan, India ink 570 MW Wangchhu hydropower project deal
Bhutan's Prime Minister Tshering Tobgay hailed the Wangchhu Hydropower Project agreement with Adani Power Ltd. as a historic step in Bhutan-India's clean energy collaboration. During his India visit, which included diplomatic meetings and spiritual engagements, he met with EAM S Jaishankar, reaffirming the strong partnership between the two nations.
Reliance Power says co has no impact on its biz operations due to Bank of Baroda's action against Anil Ambani & RCom
Reliance Power clarified that Bank of Baroda's action against Reliance Communications, classifying its loan account as fraudulent, will not impact its operations or financial standing. The classification, also naming Anil Ambani, involves loans from a decade ago. Reliance Power emphasizes its independence from Reliance Communications, noting Ambani hasn't been on its board for over three years.
Tax tweak on coal yields net positive for discoms
The GST rationalization on coal, increasing the rate to 18% while eliminating the ₹400/tonne compensation cess, is projected to lower power generation costs for companies by approximately 17 paise per unit. This change is expected to benefit coal-based power plants using specific grades of coal, ultimately reducing the cost of supply for distribution companies by around 12 paise per unit.
Race for investment in JP Power ahead of parent auction today
Adani Power, Kotak Alternate Assets, Vedanta, and Oaktree are vying for JP Power's ₹3,800 crore CCPS, potentially gaining a 25% stake and triggering an open offer for a controlling share. This move could give the winning bidder an edge in acquiring parent company Jaiprakash Associates, which is up for auction with a base price of ₹12,000 crore.
NTPC discontinues operation of 440-MW Stage-I of Tanda thermal project
NTPC declared the permanent shutdown of its 440-MW Stage-I Tanda thermal project in Uttar Pradesh, effective September 1, 2025. This decision, approved by the competent authority and communicated to the Central Electricity Authority, reduces the NTPC group's total installed and commercial capacity to 82,926 MW. The closure involves four units, each with a capacity of 110 MW.
Indian coal prices to be lower after tax revision, industry officials say
India's coal prices are set to decrease due to tax revisions. The consumption tax hike is offset by removing the carbon levy. This change may boost domestic coal demand, potentially reducing imports. Power generation costs could also fall. The move aims to aid power producers and Coal India's sales. Consumer tariffs might decrease if distribution companies pass on the savings.
Andhra Pradesh expedites Rs 14,962 cr transmission network project to meet rising power demand
Andhra Pradesh boosts its power infrastructure. The state government accelerates transmission network projects worth Rs 14,962 crore. This initiative aims to meet the rising power demand. G Ravi Kumar directs officials to ensure timely completion. Projects linked to ports, industrial hubs, and Amaravati are prioritized. Focus is on quality, safety, and advanced technologies. APTRANSCO is setting up modern substations.
Must Watch
India to test battery storage at coal plants to balance grid as solar power surges
India plans to test battery storage systems at coal plants. This will help integrate solar power and maintain a reliable electricity supply. Thermal plants can store excess energy. They can dispatch it later when needed. NTPC will conduct the tests at some plants. The government is providing funding support. This initiative aims to stabilize coal plant operations and reduce costs.
India's power output rises at fastest pace in five months on industrial boost
India's power generation surged in August, marking the fastest increase since March, driven by a robust manufacturing sector fueled by strong demand. This surge propelled coal-fired power generation upwards for the first time in five months. While renewable energy sources significantly contributed to the 4% overall output increase to 161.24 billion kWh, coal's share also rose slightly.
Adani Power sets 41 GW thermal goal by 2032
Adani Power has significantly increased its thermal power capacity addition target to 41 GW by 2032, driven by the government's push for increased thermal capacity. The company plans to invest ₹1.8 lakh crore, primarily funded through internal accruals, to achieve this expansion.
Arunachal Pradesh's chief minister Pema Khandu announces hydro projects worth 18000 MW to boost state revenue
Arunachal Pradesh chief minister Pema khandu said several hydro projects worth about 18000 MW are in various stages of implementation across the state including the Dibang project and once completed these will generate a revenue for the state exchequer worth Rs 10000 Crore annually.
Hitachi Energy invests Rs 300 cr to expand Mysuru facility
Hitachi Energy is investing Rs 300 crore to expand its Mysuru plant, doubling the production of high-quality pressboard and laminated board. This investment is part of a larger Rs 2,000 crore plan to meet rising global demand for transformer insulation materials.
Azure group heads for $23m settlement in a US court
Azure group is nearing a settlement in a US court regarding bribery claims related to an Andhra Pradesh power project. The group has allocated $23 million for the settlement. Simultaneously, Azure intends to withdraw from a 150MW hybrid project in India, citing economic difficulties. The US court hearing is scheduled for September 5.
