Power sector

India | News

Q1 and FY results: SECI, SJVN, Kalpataru Projects, Suzlon Energy
By August 12, 2025August 12, 2025

Solar Energy Corporation of India (SECI) recorded a 15% increase in net profit to Rs 501.92 crore in FY 2024-25, supported by higher revenue. Revenue from operations was Rs 15,185.10 crore, compared with Rs 13,035.07 crore in FY 2023-24. SJVN Limited reported consolidated net profit of Rs 227.8 crore for the June 2025 quarter, down 36.2% year-on-year. Revenue from operations grew 5.4% to Rs 917.5 crore, while EBITDA increased 11.2% to Rs 742.4 crore. Operating…

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Coal India permits market sale of surplus power from linkage coal plants
By August 11, 2025August 11, 2025

Coal India Limited (CIL) has permitted the sale of unrequisitioned surplus (URS) electricity generated by thermal power plants using its linkage coal under long and medium-term fuel supply agreements (FSAs) in power exchanges and markets. Under earlier rules, such surplus generation could only be supplied under power purchase agreements (PPAs) and could not be sold in the market. The restriction has now been removed through a revision to the Scheme for Harnessing and Allocating Koyala…

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GE Verova T&D and JSW Energy report profit growth in Q1 FY26
By August 1, 2025August 1, 2025

GE Verova T&D India Limited and JSW Energy posted significant year-on-year gains in their financial results for the first quarter of 2025–26. GE Verova T&D reported a net profit of Rs 2.91 billion, up 117.16 per cent from Rs 1.34 billion in the same period last year. The company’s total income rose to Rs 13.46 billion, a 38.76 per cent increase from Rs 9.7 billion reported in Q1 of the previous financial year. JSW Energy…

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Reliance Group plans Rs 180 billion fundraise for energy expansion
By July 31, 2025July 31, 2025

Reliance Group has secured board approvals from Reliance Infrastructure and Reliance Power to raise Rs 180 billion through a mix of equity and debt to support its expansion into the power and renewable energy sectors. According to the company’s release, the fundraising will enable the group to execute its next phase of growth, which includes a strategic focus on clean energy, conventional power, and defence manufacturing. Reliance Power currently operates a portfolio of about 5.3…

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IEX, Adani Energy, and REC report strong Q1 earnings in FY26
By July 28, 2025July 28, 2025

Indian Energy Exchange (IEX), Adani Energy Solutions Ltd (AESL), and REC Ltd have reported improved financial performance for the first quarter (Q1) of financial year 2025–26. IEX posted a net profit of Rs 120 crore, up from Rs 96 crore in Q1FY25. Total income for the quarter stood at Rs 1,825.12 crore, while consolidated net sales rose 14.72% year-on-year (Y-o-Y) to Rs 141.75 crore. AESL reported a net profit of Rs 5.39 billion for the…

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CEA and IIT Roorkee sign MoU for joint work on power sector research
By July 4, 2025July 4, 2025

On July 1, 2025, the Central Electricity Authority (CEA) and IIT Roorkee signed a Memorandum of Understanding (MoU) to work together on capacity building, research, and data sharing in the power sector. The MoU focuses on key areas: – Training CEA staff through IIT Roorkee’s online courses and short-term projects – Joint studies on decarbonization, energy efficiency, and just transition – Research on emerging technologies like green hydrogen, e-mobility, and battery recycling The MoU also…

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Power Ministry launches task force to build India Energy Stack
By July 1, 2025July 1, 2025

The Ministry of Power has launched a dedicated task force to design the India Energy Stack (IES), a new digital public infrastructure aimed at transforming the power sector. Announced by Hon’ble Power Minister Shri Manohar Lal Khattar, the India Energy Stack will address long-standing gaps in data fragmentation and integration across the power sector. With rising renewable energy, electric vehicles, and decentralised generation, the sector faces increasing complexity. IES seeks to provide a unified solution….

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Power Ministry reviews Karnataka’s power sector, pushes for reforms
By May 27, 2025May 26, 2025

The Ministry of Power has completed a detailed review of Karnataka’s power sector, highlighting key areas for reform to improve efficiency and reliability. The ministry called for urgent financial reforms. Power utilities were advised to reduce annual losses and adopt cost-reflective tariffs to ensure financial sustainability. It also recommended timely clearance of government dues and subsidies, proposing a centralized payment mechanism to improve accountability and streamline payments. Utilities were directed to speed up the installation…

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Centre pushes for resource adequacy, smart metering at southern power review meet
By May 27, 2025May 27, 2025

The Regional Power Conference for Southern States and Union Territories was held in Bengaluru, chaired by Shri Manohar Lal, Union Minister for Power and Housing & Urban Affairs. Attendees included Shri Shripad Naik, Union Minister of State for Power and New & Renewable Energy, along with state ministers and senior officials. The meeting focused on future power demand, transmission expansion, financial viability of DISCOMs (distribution companies), and cyber security. Secretary (Power), Government of India, urged…

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JSW Energy and Tata Power report growth in FY 2024–25 results
By May 16, 2025May 16, 2025

JSW Energy Limited reported a 21 per cent year-on-year increase in Q4 revenue, reaching Rs 34.97 billion in the January–March quarter of FY 2024–25, compared to Rs 28.79 billion in Q4 FY 2023–24. For the full year, the company posted Rs 126.39 billion in revenue, up 6 per cent from Rs 119.41 billion in the previous year. Tata Power Company Limited recorded a net profit of Rs 47.75 billion in FY 2024–25, an 11.57 per…

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