Power Bytes

BHEL secures Rs 13,500 crore NTPC Telangana Stage-II contract Bharat Heavy Electricals Limited (BHEL) has received a Notification of Award (NOA) from NTPC Limited for the 3×800 MW Telangana Stage-II supercritical thermal power project in Peddapalli district, Telangana. The contract is valued at over Rs 13,500 crore, excluding Goods and Services Tax (GST), with an execution period of 62 months. The scope includes design, engineering, manufacturing, supply, erection, commissioning, and testing of the main plant…

MoP directs CGPL to run imported coal plant at full capacity through June The Ministry of Power (MoP) has issued directions to Coastal Gujarat Power Ltd. (CGPL) under Section 11 of the Electricity Act, 2003, requiring full-capacity operation of its imported coal-based (ICB) plant from April 1 to June 30, 2026. A committee comprising MoP, Central Electricity Authority (CEA), and NTPC Ltd. will set benchmark tariffs, reviewed every 15 days. The order includes provisions on…

REC approves Rs 1.6 lakh crore borrowing plan for FY27 The board of REC Limited has approved a market borrowing programme of up to Rs 1.6 lakh crore for FY27. The programme includes long-term bonds and non-convertible debentures (NCDs), external commercial borrowings (ECBs), green bonds, ESG bonds, short-term loans, and commercial papers. Long-term bonds and NCDs are capped at Rs 1,00,000 crore, while ECBs and related funding are limited to Rs 50,000 crore. Short-term loans…

CIL approves IPO plans for SECL and MCL, up to 25% stake sale Coal India Limited (CIL) has approved in-principle plans to list its subsidiaries South Eastern Coalfields Limited (SECL) and Mahanadi Coalfields Limited (MCL), with up to 25% equity divestment in each via the Offer for Sale (OFS) route. The decision was taken at the board meeting on March 23, 2026. SECL’s listing will include a fresh issue of up to 10% of post-issue…

CEA outlines transmission roadmap for 900 GW non-fossil capacity by 2035-36 The Central Electricity Authority released a transmission plan to support over 900 GW of non-fossil fuel capacity by 2035-36. It estimates an investment of Rs. 7,93,300 crores for 1,37,500 circuit-kilometres of lines and 8,27,600 MVA of substation capacity between 2026-27 and 2035-36. The plan includes a buffer of about 115 GW above projected generation needs to account for delays. It flags risks of congestion…

India plans 1,121 GW power capacity by 2035-36, solar to lead The Central Electricity Authority (CEA) has released the National Generation Adequacy Plan (NGAP) for 2026-27 to 2035-36, projecting total installed capacity to reach 1,121 GW by 2035-36 from 520.5 GW as of January 2026. Solar photovoltaic (PV) capacity is expected to rise to 509 GW, while coal-based capacity is projected at 315 GW, contributing around 51% of generation. Non-fossil capacity is estimated at 786…

Maharashtra notifies RE and storage policy with 65% target by FY36 The Government of Maharashtra has notified the Maharashtra Renewable Energy and Energy Storage Policy 2025-26 to 2035-36 through a resolution dated March 18, 2026. The policy targets renewable energy to meet 65% of the state’s electricity demand by FY 2035-36, with demand projected to reach about 350–360 billion units. It requires distribution companies to procure storage capacity equivalent to at least 10% of demand,…