Mumbai, May 26 (IANS) Shares of Techno Electric and Engineering Company tumbled nearly 13 per cent during intra-day trade on Tuesday after the company reported a decline in its fourth-quarter profit.The stock fell as much as 12.8 per cent on the BSE to an intra-day low of Rs 1,194 per share.However, it recovered some losses later in the session and was trading 11.8 per cent lower at Rs 1,208.8 apiece at around 1:25 p.m.The decline in the share price came after Techno Electric announced its finan…
Latest Power Generation News & Updates
New Delhi, May 18 (IANS) Government-owned giant NTPC Group has crossed 90 GW of installed power generation capacity following the successful completion of trial operations of Unit 2 (800 MW) of the Patratu Vidyut Utpadan Nigam Limited (PVUNL), a subsidiary project comprising 3×800 MW units, in Jharkhand, according to an official statement issued on Monday.This achievement marks another important step towards building a sustainable and energy-secure future for India, the statement said.Patratu Vi…
Amaravati, May 11 (IANS) Andhra Pradesh Chief Minister N. Chandrababu Naidu on Monday strongly backed Prime Minister Narendra Modi’s appeal to the nation to save India’s foreign exchange reserves and asked everyone to follow it like a mission. Speaking at the CII Annual Business Summit in Delhi, he said the current geopolitical situation is a reminder for the country to focus on self-reliance and resource conservation.Referring to the national mission outlined by Prime Minister Narendra Modi on …
New Delhi, April 23 (IANS) State-owned Bharat Coking Coal Limited (BCCL) on Thursday announced a scheme offering relaxation in Performance Incentive (PI) and cash discounts to power sector consumers for the first quarter of FY27 (April-June).The scheme will be applicable to all eligible power sector consumers under Fuel Supply Agreements (FSA), including those covered under the Flexi-Linkage scheme, the company said.Under the plan, incentives will be linked to actual coal offtake through rail, r…
New Delhi, April 3 (IANS) Pakistan’s LNG supplies are expected to fall to near zero from next month, removing a source that contributes more than one-fifth of total power generation, while coal availability is also under pressure, jointly affecting close to 30 per cent of supply, an article in the local media said.The fallback option, furnace oil, comes at a steep cost, with generation expenses significantly higher than gas or coal-based alternatives. These are structural shocks that no policy…
New Delhi, March 19 (IANS) India added a record 52,537 MW (520.51 GW) of generation capacity from all sources during FY26 (up to January 31), marking the highest ever capacity addition in a single year, surpassing the previous record of 34,054 MW achieved in FY25, the government has said.The capacity addition included 39,657 MW from renewable energy with 34,955 MW of solar and 4,613 MW of wind capacity, lifting the total installed capacity to 520.51 GW, according to an official statement.The gov…
Bengaluru, March 12 (IANS) The Gas Authority of India Limited (GAIL) has completely stopped gas supply to the Yelahanka gas-based power plant in Bengaluru since March 12 at 6 AM, the officials in the Energy Ministry confirmed on Thursday. The 370 Mega Watt Yelahanka plant, set up by Karnataka Power Corporation Limited (KPCL), is the State’s only gas-based power generation facility, and any disruption in gas supply could affect its output, they stated.The Yelahanka gas-based unit, which was set…
Amaravati, March 5 (IANS) The Andhra Pradesh government has initiated power infrastructure works worth ₹6,000 crore to meet the rising electricity demand.Energy Minister Gottipati Ravi Kumar informed the Assembly on Thursday that new substations are being built in areas experiencing high electricity load.Responding to questions raised by MLAs Aditi Vijayalakshmi Gajapathiraju, Kolla Lalitha Kumari, and Muttumula Ashok Reddy during the Question Hour, the minister stated that the government has …
Amaravati, Feb 9 (IANS) Andhra Pradesh Chief Minister N. Chandrababu Naidu on Monday made it clear that there will be no power tariff hike and that the benefits of true-down charges will be passed on directly to consumers. Addressing the ministers and secretaries conference at the Secretariat, the Chief Minister said power generation should be carried out with the concept of net-zero elimination. He directed officials to ensure that true-down charges are transferred directly to consumers.H…
New Delhi, Jan 19 (IANS) Thermal power’s share in India’s generation mix is set to drop below 70 per cent next fiscal amid a surge in renewable energy, a report said on Monday.The report from Crisil Ratings said the thermal share is expected to slip to 72 per cent in FY26 from about 75 per cent in fiscal 2025.Renewable generation is poised to log a compound annual growth rate of 18–20 per cent over this fiscal and next, driven by 75–85 gigawatt of capacity additions, amid a robust pipeli…