Chennai, July 20 (IANS) A weak southwest monsoon, poor inflows into major reservoirs and prolonged heatwave conditions have sharply reduced hydel power generation in Tamil Nadu this year, increasing the state’s dependence on expensive electricity purchases from the power exchange to meet rising demand. Official data shows that between April 1 and July 17, Tamil Nadu generated only 751.034 million units (MU) of hydel power, nearly half the 1,509.549 MU produced during the corresponding period l…
Latest Power Sector News & Updates
New Delhi, July 16 (IANS) India recorded robust infrastructure growth across civil aviation, power, telecom, highways, railways and ports sectors, according to the quarterly update of the Ministry of Statistics and Programme Implementation (MoSPI) released on Thursday.The quarterly update of the newly introduced PAIMANA (Project Assessment, Infrastructure Monitoring and Analytics for Nation-building) Performance Dashboard states that the civil aviation sector registered a strong growth in FY2026…
Guwahati, July 10 (IANS) Assam Finance Minister Jayanta Malla Baruah on Friday presented the 2026-27 state Budget in the Assembly, unveiling an ambitious roadmap centred on job creation, infrastructure development, healthcare, education and welfare while outlining 10 key initiatives to drive the state’s growth. The Budget presented by Mallabrauah placed a strong emphasis on creating employment opportunities, with the government setting a target of providing two lakh government jobs.It also annou…
Chennai, June 25 (IANS) Tamil Nadu Electricity Minister C.T.R. Nirmal Kumar on Thursday released a white paper detailing the financial status of the Tamil Nadu Electricity Board (TNEB), revealing that the state’s power sector has accumulated an outstanding debt of Rs 2.47 lakh crore. Despite the mounting financial burden, the minister assured consumers that electricity tariffs would not be increased during the current year.The white paper, released at the TNEB headquarters in Chennai, presents a…
New Delhi, June 7 (IANS) Private sector investment activity witnessed a significant surge in FY26, with investment announcements rising to Rs 56 lakh crore from Rs 37 lakh crore in the previous financial year, according to a report by State Bank of India Research. The sharp increase comes amid ongoing debates over the pace of private capital expenditure and suggests growing confidence among businesses in the country’s economic prospects.In its latest Ecowrap report, SBI Research noted that priva…
Mumbai, June 4 (IANS) In a sweeping reform that will reshape Maharashtra’s energy landscape, the state government has executed a massive corporate shake-up of its power distribution sector. Following a crucial nod from the State Cabinet clearing the formal demerger of Mahavitran’s (MSEDCL) agricultural business, the Maharashtra Electricity Regulatory Commission (MERC) has officially granted a distribution licence to the newly carved-out entity, MSEB Solar Agro Power Limited (MSAPL).This twin…
Chennai, June 4 (IANS) PMK President Dr. Anbumani Ramadoss on Thursday demanded a thorough investigation into the alleged theft of hard disks containing sensitive data from the headquarters of the Tamil Nadu Electricity Board (TNEB), claiming that the incident may be linked to an attempt to destroy evidence of past corruption and irregularities.In a statement, Anbumani expressed shock over reports that multiple hard disks containing crucial official records had gone missing from the power utilit…
Agartala, May 31 (IANS) Union Minister for Housing and Urban Affairs and Power Manohar Lal Khattar on Sunday said that India is pursuing an aggressive expansion of its power generation capacity, with a major thrust on nuclear energy, while announcing significant urban infrastructure and power sector initiatives for Tripura. After reviewing power and urban development projects with Tripura Chief Minister Manik Saha and Power Minister Ratan Lal Nath, the Union Minister said the country recorded an…
Srinagar, May 31 (IANS) Chairman-cum-Managing Director of NHPC, Bhupender Gupta, on Sunday successfully carried out the first blast for the construction of the 240-MW Uri-I Stage-II Hydro Electric Project in the Uri area of Jammu and Kashmir’s Baramulla district.A major milestone for Jammu and Kashmir’s power sector was achieved with the successful execution of the first blast for the 240 MW Uri-I Stage-II Hydro Electric Project by NHPC Chairman-cum-Managing Director Bhupender Gupta on Sunday, m…
New Delhi, May 22 (IANS) India’s capital goods industry is projected to see a revenue growth of 12-14 per cent this fiscal, buoyed by sustained government spending, steady capacity expansion in power, mining, oil and gas, metal and auto-linked sectors, and increasing opportunities from emerging segments such as data centres and electric vehicle (EV) infrastructure, a report showed on Friday.The ongoing developments in West Asia are unlikely to materially impact growth as diversified order book…