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Centre explores PLI scheme for localising power transmission supply chain
The Indian government is considering various incentive options, including a production-linked incentive (PLI) scheme, to localise equipment for the power transmission sector, according to Union Power Secretary Pankaj Agarwal. Speaking at a Central Electricity Authority (CEA) event, Agarwal encouraged industry stakeholders to explore ways to localise the supply chain for transmission equipment. At the same…
JSW Energy fully operationalizes 700 MW Utkal thermal power plant
JSW Energy Limited, through its wholly owned subsidiary, has commenced operations of Unit-2 (350 MW) at the Utkal thermal power plant in Odisha. Both units, with a combined capacity of 700 MW, were restored and made fully operational within two years of acquisition. The plant operates on domestic coal but does not currently have long-term…
Q1 FY26 results: PowerGrid, Tata Power, Coal India, Adani Power, ABB India
Power Grid Corporation of India (PGCIL) reported a 2.5 per cent fall in net profit to Rs 3,630.58 crore. Revenue rose 2 per cent to Rs 11,196 crore. Net profit margin slipped to 32 per cent from 34 per cent. Operating margin was stable at 85 per cent. Segment-wise, consultancy revenue grew 120 per cent…
PM lays foundation stone for 50 MW floating solar project in Kerala
Prime Minister Narendra Modi laid the foundation stone for a 50 MW floating solar project at West Kallada in Kerala on Wednesday during his visit to Ernakulam. The project was announced alongside the inauguration and launch of infrastructure projects worth over Rs 10,800 crore under the “Viksit Keralam – Viksit Bharat” initiative. The floating solar…
CEA pushes national standard for DT design and maintenance
The Central Electricity Authority (CEA) held a meeting to advance national standardisation of distribution transformer design and maintenance. The aim is to improve reliability and reduce the average failure rate of about 10 per cent, which results in nearly 1.3 million failures every year. The Standardisation Cell met under the chairpersonship of the Chief Engineer…
Tata Power Renewable approves Rs 6,500 crore PV ingot and wafer venture
Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited, has approved entry into photovoltaic (PV) ingot and wafer manufacturing, marking a move into upstream solar production. The Board of Directors cleared a proposed investment of up to Rs 6,500 crore to develop manufacturing capacity of up to 10 GW. The…
