The GST rationalization on coal, increasing the rate to 18% while eliminating the ₹400/tonne compensation cess, is projected to lower power generation costs for companies by approximately 17 paise per
Continue readingTax tweak on coal yields net positive for discoms
Adani Power, Kotak Alternate Assets, Vedanta, and Oaktree are vying for JP Power’s ₹3,800 crore CCPS, potentially gaining a 25% stake and triggering an open offer for a controlling share.
Continue readingRace for investment in JP Power ahead of parent auction today
Jefferies reports Reliance Industries’ O2C profitability shows minimal dependence on Russian crude due to offsetting logistics costs. The company’s O2C profitability is tracking a strong 15 per cent year-on-year growth
NTPC declared the permanent shutdown of its 440-MW Stage-I Tanda thermal project in Uttar Pradesh, effective September 1, 2025. This decision, approved by the competent authority and communicated to the
Continue readingNTPC discontinues operation of 440-MW Stage-I of Tanda thermal project
India’s coal prices are set to decrease due to tax revisions. The consumption tax hike is offset by removing the carbon levy. This change may boost domestic coal demand, potentially
Continue readingIndian coal prices to be lower after tax revision, industry officials say
Andhra Pradesh boosts its power infrastructure. The state government accelerates transmission network projects worth Rs 14,962 crore. This initiative aims to meet the rising power demand. G Ravi Kumar directs
India plans to test battery storage systems at coal plants. This will help integrate solar power and maintain a reliable electricity supply. Thermal plants can store excess energy. They can
Continue readingIndia to test battery storage at coal plants to balance grid as solar power surges
India’s power generation surged in August, marking the fastest increase since March, driven by a robust manufacturing sector fueled by strong demand. This surge propelled coal-fired power generation upwards for
Continue readingIndia's power output rises at fastest pace in five months on industrial boost
Adani Power has significantly increased its thermal power capacity addition target to 41 GW by 2032, driven by the government’s push for increased thermal capacity. The company plans to invest
Arunachal Pradesh chief minister Pema khandu said several hydro projects worth about 18000 MW are in various stages of implementation across the state including the Dibang project and once completed