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Tata Power's Mundra plant mandated to run at full capacity till September
The power ministry has directed Tata Power's 4,150 MW Mundra plant to operate at full capacity until September 30, 2026. This extension aims to prevent electricity shortages during the anticipated peak summer demand of 270 GW. The plant, which resumed operations in April after a nine-month hiatus, supplies power to Gujarat, Maharashtra, Punjab, Haryana, and Rajasthan.
Gujarat builds 870 MW battery power backup network to stabilise renewable energy grid
Gujarat has launched battery storage systems totaling 870 MW across five locations to ensure renewable power grid stability. The state has also registered 13 additional projects and integrated BESS with its first solar village, Modhera. This initiative strengthens Gujarat's position as a leader in battery storage solutions in India.
Tata Power share price jumps 5% after signing PPA with Gujarat govt
Tata Power rose 5% after Gujarat approved a new power supply agreement, allowing the co to restart its 4-gigawatt Mundra facility. The agreement aims to boost electricity production amid potential gas shortages, pending approval from the federal regulator, effective retroactively from April 2025.
Tata Power jumps on reports of Gujarat PPA for Mundra plant
Tata Power Company rose 2.92% to Rs 410.15 following reports that the company has signed a Power Purchase Agreement with the Gujarat government for its Mundra power plant.
Tata Power shares gain nearly 4% after signing PPA with Gujarat Govt for Mundra Power plant
The agreement is also on similar terms that the government of Gujarat has done with the Adani group and this agreement will be a template for signing the PPAs with other states, the Tata Power MD & CEO Praveer Sinha told CNBC-TV18 exclusively.
Temperatures rise! NTPC Green, Adani Power shares jump up to 7%; what lies ahead?
Soaring temperatures across India are fueling a surge in power demand, boosting shares of NTPC Green and Adani Power. Heatwave warnings are in effect for Mumbai and Delhi, with Gujarat and Madhya Pradesh also experiencing intense heat. Experts anticipate a record summer, benefiting power companies as they prepare for heightened electricity needs.
DCM Shriram okays ₹217-cr investment in Gujarat's Bharuch renewable power project
The investment will enable the company to obtain around 48 MW of additional renewable power supply for the Bharuch plant, including about 30 MW of round-the-clock power at a 75% capacity utilisation factor. Shares of DCM Shriram Ltd ended at ₹1,018, up by ₹28, or 2.83%, on the BSE today, March 12.
Hotter summer ahead? NTPC Green, Tata Power, other power stocks surge up to 15%
Shares of Indian power companies rose sharply as early summer heat pushed electricity demand higher. Limited solar output and supply constraints from LNG and hydro plants boosted thermal generation. Temperatures across key cities have been above normal. Rajkot in Gujarat recorded 42°C on Tuesday, the highest so far this year.
Can summer demand, Iran conflict help Tata Power restart its Mundra plant?
CEO Praveer Sinha says talks with Gujarat on a revised power purchase pact are nearing completion, while analysts see rising fuel prices and summer demand strengthening the company’s hand.
KPI Green Energy completes 92.4-MW wind power project in Gujarat
KPI Green Energy has successfully completed a significant 92.4 megawatt wind power project in Gujarat. This project, developed for Ayana Renewable Power Four, features 28 wind turbine generators. The company has finished all necessary work, including substations and transmission lines. This achievement underscores KPI Green Energy's capability in executing large renewable energy projects and boosts India's clean energy capacity.
KPI Green Energy completes 92.4 MW wind power project in Gujarat
The project comprises 28 wind turbine generators, the company said, adding that it has completed all its works under its scope, including balance of plant, power substation, EHV transmission line and putting up and installing the WTGs.
Stocks to Watch Today: Tata Motors, Andhra Cements, Sun Pharma, GMDC, Axiscades, Power Mech, Zydus Lifesciences, Bajaj Electricals in focus on 17 March
Stocks to Watch, 17 March: Stocks like Reliance Industries, Tata Motors, Andhra Cements, Sun Pharmaceutical Industries, Rail Vikas Nigam, Gujarat Mineral Development Corporation, Axiscades Technologies, Power Mech Projects, Redington, and Zydus Lifesciences will be in focus on March 17.