Power Archives - Newscript EnergyWorld

NTPC and Adani Power highlight competing models in electricity

19Apr

By Newscript News NetworkNo Comments

Power

NTPC and Adani Power highlight competing models in electricity

India’s electricity sector is witnessing a contest between state-owned NTPC and private rival Adani Power, with scale pitched against efficiency. NTPC remains the dominant generator, producing 439bn units last year from 80GW of installed capacity. The company mines coal from nine blocks and operates thermal, solar and hydro assets. It plans to add 30GW of nuclear capacity, cementing its role as the country’s energy backbone. Adani Power, while smaller, outshines on profitability. It produced 96bn units but posted a 37.9 per cent operating margin, compared with NTPC’s 28.77 per cent. Return on equity was 25.6 per cent, almost double NTPC’s 13.6 per cent. The contrast stems from approach. Adani sells nearly 90 per cent of its output under long-term contracts, securing stable revenue...

Power Grid Corporation — the plumbing behind the power boom

19Apr

By Newscript News NetworkNo Comments

Power

Power Grid Corporation — the plumbing behind the power boom

By Newscript News Network August 25, 2025 In August, Power Grid Corporation of India switched on the Khavda Pooling Station-3, a node that will funnel vast amounts of renewable electricity from Gujarat’s desert park to the grid. The COD on 4 August, and regulatory clearance on 18 August, make it a keystone for India’s renewable expansion. The company’s board has cleared a ₹5,000 crore bond issue with 10-year maturity, to be listed on BSE and NSE. Funding flexibility is crucial as transmission corridors and HVDC projects multiply. Adding to this, S&P upgraded POWERGRID to BBB from BBB-, following the sovereign uplift. The agency cited strong stand-alone metrics, though the cap remains sovereign-linked. Executives say this should ease spreads just as the company leans into c...

NTPC — incremental but relentless march into green

19Apr

By Newscript News NetworkNo Comments

Power

NTPC — incremental but relentless march into green

By Newscript News Network August 25, 2025 The latest step in NTPC’s green expansion is modest on paper: a 50 MW solar addition at Bhuj, Gujarat, commissioned on 24 August. But the detail matters: it pushes total installed capacity to 83,341 MW and demonstrates cadence in execution. Behind the scenes, New Delhi has widened NTPC’s purse strings. The government has delegated investment powers up to ₹20,000 crore for renewable energy projects. This trims approval delays and aligns with the utility’s ambition of 60 GW renewable capacity by 2032. Storage is the other piece. Subsidiary THDC India has brought Unit II (250 MW) of the Tehri pumped storage project into commercial operation, following Unit I in June. Officials note it is India’s first variable-speed facility, critical for...

India’s Energy Crossroads: Adani’s ₹10,500 Crore Investment Marks Coal’s Enduring Role

19Apr

By Pallab BhattacharyaNo Comments

Power

India’s Energy Crossroads: Adani’s ₹10,500 Crore Investment Marks Coal’s Enduring Role

India’s clean energy ambitions face a pragmatic reckoning as Adani Power commits ₹10,500 crore to an 800 MW ultra-supercritical coal-fired power plant in Madhya Pradesh. The decision spots coal firmly at the heart of India’s energy security through the early 2030s despite lofty renewable targets. Scheduled for commissioning within 54 months, the plant will be built under a Design, Build, Finance, Own and Operate model in Anuppur district, sourcing coal under the government’s SHAKTI policy to ensure fuel availability. The tariff was competitively secured at ₹5.838 per kilowatt-hour. This investment aligns with government plans to add 88 GW of coal capacity by 2032—a 63% increase from earlier projections—placing India alongside China as one of the few countries still expanding thermal ...

Cross-border electricity empire cements India’s stranglehold over South Asian energy

19Apr

By Newscript News NetworkNo Comments

Geopolitics, News Update, Power

Cross-border electricity empire cements India’s stranglehold over South Asian energy

India has consolidated its position as South Asia’s primary energy supplier through expanded cross-border electricity trading arrangements with neighbouring countries, fundamentally reshaping regional energy security dynamics. The strategic initiative has transformed India from a regional energy importer to the dominant electricity exporter across the subcontinent. Recent trade data indicates India now exports electricity to Bangladesh, Nepal, Myanmar, and Bhutan through dedicated transmission interconnections, generating substantial foreign exchange earnings whilst supporting regional development objectives. The cross-border trade mechanism enables optimal utilisation of India’s surplus generation capacity during specific seasons. Energy ministry officials highlight that cross-borde...

Servotech Renewable Power Surges on Solar Order Win

19Apr

By Newscript News NetworkNo Comments

News Update, Power

Servotech Renewable Power Surges on Solar Order Win

By Newscript News Network August 20, 2025 Shares of Servotech Power Systems rose nearly 7% on August 20 after the company announced it had secured a ₹28.84 crore order for the supply, installation, testing and commissioning of a grid-connected solar power plant. For Servotech, best known for its EV charging equipment and solar solutions, the order is a milestone that underscores its growing importance in India’s decentralised renewable push. The solar project, set for commissioning in FY26, will enhance distributed capacity and provide cleaner power directly to industrial users. “The market is beginning to reward small and mid-sized renewable firms that can deliver cost-effective, customised solutions,” said an energy consultant in New Delhi. Servotech has also diversified into...

Adani Power clinches massive Rs21,000 crore thermal deal in defiance of green transition

19Apr

By Newscript News NetworkNo Comments

News Update, Power

Adani Power clinches massive Rs21,000 crore thermal deal in defiance of green transition

Adani Power has secured a 1,600MW thermal power project from Madhya Pradesh Power Management Company, requiring capital investment of Rs21,000 crore in what represents one of India’s largest recent thermal generation awards. The contract strengthens the Adani group’s position in conventional power generation despite accelerating renewable energy adoption across the country. The project award comes as state electricity utilities seek reliable baseload power capacity to complement intermittent renewable energy sources. Madhya Pradesh’s decision to proceed with thermal capacity addition reflects practical challenges in achieving grid stability through renewable energy alone, particularly during peak demand periods. Adani Power’s successful bid reportedly offered competitive tariffs whil...

Power Finance Corporation prepares Rs10,000 crore bond blitz as banks desert energy sector

19Apr

By Newscript News NetworkNo Comments

News Update, Power

Power Finance Corporation prepares Rs10,000 crore bond blitz as banks desert energy sector

Power Finance Corporation, India’s largest power sector financier, plans to raise Rs10,000 crore through public bond markets as traditional bank lending to energy infrastructure projects contracts sharply. The state-owned financial institution’s move reflects broader funding pressures across India’s power sector development pipeline. Banking sector analysts indicate that commercial lenders have become increasingly cautious about power sector exposure following historical stress in thermal generation assets. Non-performing assets in the power sector have prompted banks to tighten lending criteria, creating funding gaps for both generation and transmission projects. PFC’s bond issuance strategy targets institutional investors including insurance companies, pension funds, and ...

Blowout in Assam: How a Small Local Fumbled a High-Stakes Well, Exposing Systemic Governance Gaps

19Apr

By Newscript News NetworkNo Comments

Power

Blowout in Assam: How a Small Local Fumbled a High-Stakes Well, Exposing Systemic Governance Gaps

Since 12 June, villagers around ONGC’s Well RDS‑147A in Sivasagar have faced an escalating man-made crisis. A routine workover operation—the maintenance and re-entry into an ageing well—has devolved into an eight-day gas blowout, displacing over 350 families, and provoking growing allegations of corporate negligence and unanswered questions about ONGC’s contracting protocols. From Routine Maintenance to Environmental Hazard What began as a perforation “zone-transfer” workover by SK Petro Services Pvt Ltd spiraled when extreme pressure breached standard safety limits. Local residents reported hearing a deafening blast, followed by a low hiss that pervades the area to this day. State disaster teams and ONGC crisis units maintain that BOPs were functional and that they are deploying ...

REC’s Green Tilt Gathers Pace as India’s Power Capex Cycle Broadens

19Apr

By Newscript News NetworkNo Comments

News Update, Power

REC’s Green Tilt Gathers Pace as India’s Power Capex Cycle Broadens

REC is expanding from traditional generation and distribution lending into the transition’s heavy‑lifting—renewables, storage and transmission. Government backing and sector expertise allow it to structure competitive tenors for complex projects, while a diversifying borrower mix and stricter underwriting have improved asset‑quality optics. With the Centre tendering ~50 GW/year of renewables and pushing green corridors, REC’s role as aggregator of long‑dated capital is hard to substitute. As the capex cycle broadens to grid digitalisation and storage, REC’s syndication capacity and access to multilateral lines provide leverage. Market view & expert recommendations: The tone is positive on growth and spreads, tempered by interest‑rate trajectories and borrower discipline. Experts ...