Power - Latest News, Analysis, Opinion

Consolidated earnings before interest, taxes, depreciation, and amortisation (EBITDA) declined to Rs 1,541 crore from Rs 2,894 crore in Q1 FY20

Tata Power Gets Shareholders' Nod To Raise Rs 2,600 Cr From Tata Sons

Tata Sons' shareholding in Tata Power will increase to 45.21 per cent from 35.27 per cent after the issue.

Adani Enterprises Ties Up With Tamil Nadu Govt For Hyperscale Data Centre

The filing was in response to the clarification sought by the BSE on a news report that Tamil Nadu has inked 16 pacts for Rs 5,137 crore investment.

Tata Power To Develop 225 MW Hybrid Renewable Power Project

Tata Power's renewable capacity will increase to 3,782 MW of which 2,637 MW is operational and 1,145 MW is under implementation including 225 MW won under this letter of award.

Turkish Floating Power Plant Firm Aims To End Blackouts In West Libya

Split between east and west by a conflict that erupted when Muammar Gaddafi was overthrown in 2011, residents of the oil and gas producing nation face hours of power cuts each day.

Tata Power Completes Sale Transaction Of Ships For $212.76 Million

TERPL will now cater to shipping requirements of the company's imported coal-based CGPL plant at Mundra under an asset light model which will help unlock significant value and returns for the shareholders.

Adani Signs Pact With Kalpataru For Acquisition Of Alipurduar Transmission

The acquisition of Alipurduar Transmission will bolster the pan-India presence of ATL consolidating its position as the largest private sector transmission company in India

India To Scrutinize Power Supply Parts Imports From China

The ministry said the order was intended "to protect the security, integrity and reliability of the strategically important and critical power supply system and network".

India Electricity Output Shows Signs Of Recovery In June

June power generation fell 9.9%, a Reuters analysis of daily load despatch data from federal grid operator POSOCO showed, compared with a 14.3% decline in May.

CARE Downgrades BHEL's Long-Term Bank Facilites To AA

The primary reason mentioned by CARE is a decline in execution of orders further aggravated with the outbreak of Covid-19

Sterlite Power Acquires VNLTL SPV From PFC Consulting

PFC Consulting Ltd (PFCCL) is a wholly-owned subsidiary of Power Finance Corporation (PFC), the non-banking finance company under the Ministry of Power.

R-Power Operating Portfolio Reaches 6,000 MW, Plans Capex Of Rs 3,300 Crore

R-Power is committed to cleaner and greener power by reducing emissions and is undertaking a capex of nearly Rs 3,300 crore to install flue gas desulfurisation (FGDs) in its coal-based plants,

Adani Power Board Approves Delisting From BSE, NSE

The company has worked out the floor price of an equity share of Rs 33.82 to buy 96.53 crore scrips with the public for about Rs 3,264 crore.

India's Electricity Output Falls Steeply In First Half Of June