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Indonesia to increase power capacity by 71 GW by 2034
Indonesia aims to boost its power capacity by 71 GW by 2034, with a significant emphasis on private sector investment. The government, in collaboration with PT PLN (Persero), will prioritize the development of transmission lines to support renewable energy generation, according to Energy Minister Bahlil Lahadalia. The strategy is part of PLN’s 2025-2034 power supply…
NSE likely to waive transaction charges on electricity futures contracts
The National Stock Exchange (NSE) is likely to waive transaction charges on electricity futures contracts until December 31, 2025. The move is expected to promote participation in the newly launched electricity derivatives segment, according to people familiar with the matter. If implemented, the waiver will apply uniformly at the exchange level across all categories of…
India | Generation | NewsTwo firms in race for NHPC’s Salal hydro project
NHPC Limited has opened the financial bids for the civil and hydro-mechanical works package to restore the functionality of the undersluices of the Salal Power Station dam in Jammu & Kashmir. Following the technical evaluation, two firms, Hindustan Construction Co. Ltd. (HCC) and Patel Engineering Limited, remain in the race, with HCC emerging as the…
KPI Green subsidiary signs BESPA with GUVNL for 445 MW BESS projects
KPI Green Energy Limited has announced that its subsidiary, Sun Drops Energia Limited, has signed a Battery Energy Storage Purchase Agreement (BESPA) with Gujarat Urja Vikas Nigam Limited (GUVNL) to develop independent power producer (IPP) standalone battery energy storage system (BESS) projects. The agreement covers projects with an aggregate capacity of 445 MW / 890…
CESC Q1 FY27 PAT rises to Rs 419 crore as renewable portfolio expands
CESC Limited reported a 5% year-on-year increase in consolidated revenue to Rs 5,559 crore for the quarter ended June 30, 2026. Consolidated profit after tax (PAT) rose to Rs 419 crore from Rs 407 crore in Q1 FY26. On a standalone basis, revenue increased 4% year-on-year to Rs 3,024 crore, while PAT rose to Rs…
SJVN awards 600 MW ISTS-connected wind capacity to four developers
SJVN Limited has concluded its 600 MW interstate transmission system (ISTS)-connected wind power auction, awarding capacity to four developers at tariffs ranging from Rs 3.64 to Rs 3.65 per kWh. KPI Green Energy Limited secured the largest share of the auction with 300 MW at a tariff of Rs 3.64 per kWh. Under the auction…
