Power

Back in May 2020, Union Finance Minister Nirmala Sitharaman had announced plans to privatise seven electricity distribution departments/companies of the union territories (UTs). Going ahead with plans to privatise them by as early as 2020-21, […]

The sector’s immediate response to the pandemic has been good, but distribution reforms will be crucial to address the chronic challenges, believes Praveer Sinha, chief executive officer and managing director, Tata Power. At a recent […]

IndiGrid is India’s first power sector infrastructure investment trust (InvIT), set up in October 2016, and is backed by marquee global investors like KKR and GIC. It currently owns Rs 122 billion worth of assets […]

The power generation segment has grown at a rapid pace over the past few years, but the  Covid-19 pandemic and consequent lockdowns have severely affected electricity demand. This has led to a drastic reduction in […]

The Indian electricity grid has been able to maintain robust and reliable operations despite the fall in power demand due to the outbreak of Covid-19 and the subsequent lockdown. While thermal power generation has been […]

  Adani Power Limited is rapidly expanding its generation footprint with high-value acquisitions. Recently, the company received the green signal from the Competition Commission of India (CCI) for acquiring a 49 per cent stake in […]

The lockdown following the outbreak of the Covid-19 pandemic, which significantly slowed down economic activity in the country, has had a profound impact on the power sector. There are visible signs of strain in the […]

With the growing integration of renewables and a changing energy mix, the role of coal-based generation is evolving in the Indian power sector. While these plants were the main source of stable baseload power to […]

The Indian power sector achieved a milestone on June 1, 2020, with the introduction of the real-time market (RTM) for electricity trading. The RTM platform provides buyers and sellers an organised platform for power trading […]

In April, the government unveiled a series of economic measures as part of a mega Rs 20 trillion stimulus package, AtmaNirbharAbhiyaan, to revive the economy hit by the Covid-19 pandemic. Of the 15 measures announced […]

The national grid operator Power System Operation Corporation Limited (POSOCO) has accomplished significant tasks in the recent past, from successfully managing the pan-India “lights-off” event on April 5, 2020 to efficiently handling the grid during […]

Of late, there has been growing traction in investments from global sovereign wealth funds (SWFs) in the Indian power sector. In one of the latest deals, Qatar’s sovereign wealth fund QIA bought a 25.1 per […]

After facing several regulatory delays, the Indian power market may finally be introducing the futures and derivatives contracts mechanism for power trading. This is one of the several power sector reforms that have been carried […]

As part of its expansion and consolidation strategy, JSW Energy Limited has been actively evaluating various strategic assets for acquisition. In February 2020, the company signed a share purchase agreement with GMR Energy Limited for […]

Over the years, the power distribution segment has seen multiple government interventions aimed at improving its health. The most recent of these was the UjwalDiscom Assurance Yojana (UDAY) launched in 2015. However, contrary to expectations, […]