POWER MARKET
JSW Energy plans ₹1.15 L cr capex to diversify operations
JSW Energy announces a strategic shift towards becoming an energy products and services provider, with plans to invest ₹1.15 lakh crore in capital expenditure to achieve 20 GW generation capacity and 40 GWh storage capacity by 2030. The company is expanding its portfolio to include new energy solutions like green hydrogen and battery storage systems. JSW Energy's move aligns with industry trends as other players also diversify beyond power generation. Share prices closed higher at ₹736.5 on the BSE after the news.
Stock market update: Power stocks up as market falls
The 30-share BSE Sensex closed down 53.07 points at 79996.6
Stock market update: Power stocks up as market falls
The 30-share BSE Sensex was down 346.22 points at 79703.45
Stock market update: Power stocks down as market rises
The 30-share BSE Sensex closed up 62.87 points at 80049.67
Stock market update: Power stocks down as market rises
The 30-share BSE Sensex was up 127.33 points at 80114.13
Stock market update: Power stocks up as market rises
The 30-share BSE Sensex closed up 545.35 points at 79986.8
- Go To Page 1
India asks utilities to order $33 billion in equipment this year to boost coal power output
India's government plans a $33 billion equipment order to accelerate coal-fired power capacity additions amid soaring electricity demand. Major firms like NTPC and Adani Power are expected to lead tendering, aiming to add 31 GW in 5-6 years. The move follows record-high power demand and recent supply challenges, prompting urgent action to bolster infrastructure.
Stock market update: Power stocks up as market rises
The 30-share BSE Sensex was up 489.85 points at 79931.3
Stock market update: Power stocks up as market falls
The 30-share BSE Sensex closed down 34.74 points at 79441.45
Stock market update: Power stocks up as market rises
The 30-share BSE Sensex was up 61.43 points at 79537.62
Stock market update: Power stocks up as market rises
The 30-share BSE Sensex closed up 443.46 points at 79476.19
Stock market update: Power stocks up as market rises
The 30-share BSE Sensex was up 266.25 points at 79298.98
Stock market update: Power stocks down as market falls
The 30-share BSE Sensex closed down 210.45 points at 79032.73
Stock market update: Power stocks up as market rises
The 30-share BSE Sensex was up 300.97 points at 79544.15
Stock market update: Power stocks down as market rises
The 30-share BSE Sensex closed up 568.93 points at 79243.18
Stock market update: Power stocks down as market rises
The 30-share BSE Sensex was up 204.7 points at 78878.95
Stock market update: Power stocks down as market rises
The 30-share BSE Sensex closed up 620.73 points at 78674.25
Stock market update: Power stocks down as market rises
The 30-share BSE Sensex was up 38.5 points at 78092.02
Stock market update: Power stocks down as market rises
The 30-share BSE Sensex closed up 712.44 points at 78053.52
Stock market update: Power stocks up as market rises
The 30-share BSE Sensex was up 212.25 points at 77553.33
Stock market update: Power stocks down as market rises
The 30-share BSE Sensex closed up 131.18 points at 77341.08
Stock market update: Power stocks up as market falls
The 30-share BSE Sensex was down 175.15 points at 77034.75
Stock market update: Power stocks down as market falls
The 30-share BSE Sensex closed down 269.03 points at 77209.9
Stock market update: Power stocks down as market falls
The 30-share BSE Sensex was down 303.63 points at 77175.3
Stock market update: Power stocks up as market rises
The 30-share BSE Sensex closed up 141.34 points at 77478.93
India set to see biggest jump in coal-fired power in a decade
India is set to add 15.4 gigawatts of new coal power capacity this year, the most in nearly a decade, to meet rising electricity demand. Despite clean-power goals, coal remains vital due to economic growth and severe heat waves. Challenges in energy storage hinder renewable expansion, with slow progress in alternative technologies.
As unrelenting heat wave makes power demand spike, utilities told to be on high alert
The ministry's statement highlighted that the northern region has faced high electricity demand since May 17, 2024, due to the heatwave. Despite these tough conditions, the highest-ever peak demand of 89 GW in the northern region was successfully met on June 17, 2024.
Electricity trade volumes on IEX jumps nearly 29 pc to 10,633 mn units in May
Indian Energy Exchange's trade volume grew by 29% in May, with electricity volumes increasing by 21%. The renewable energy certificates (RECs) surged by 640.3% yearly, impacting obligated entities and voluntary customers. Proactive measures by the government and regulators influenced trading platforms and market prices.
Despite record peak demand, power exchange prices remain lower than last year's peak period
The average daily price in the day-ahead market on the power exchange remained lower in May compared to peak periods last year, despite record-high peak demand. This indicates sufficient energy supply from various sources. The average price during May was ₹5.30 per unit, lower than last year's peak period of mid-August to mid-September, which was ₹7.75 per unit. Increased hydro and wind power generation have contributed to this improvement in supply. Even during days of record peak demand, prices remained relatively low on average.
Load More
