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India nears 50% domestic coal use in import-based power plants, sources say
India is significantly boosting the use of domestic coal at power plants previously reliant on imports, aiming to slash costly overseas purchases. Over 50% of capacity at these plants is now running on local fuel, with trials expanding this further. This shift is enabled by increased renewable energy generation freeing up domestic supplies and plant modifications to handle local coal's higher ash content.
Power Grid Share Price Live Updates: Power Grid's recent returns signal a downward trend
Stocks to watch, June 24: YES Bank, Infosys, Wipro, Honasa Consumer, IRFC, Tata Power, steel stocks - Upstox
Stocks to watch, June 24: YES Bank, Infosys, Wipro, Honasa Consumer, IRFC, Tata Power, steel stocksUpstox
Five Stocks To Buy: Adani Power, Ola Electric, IRCTC And More | June 24, 2026
Top picks for Wednesday, June 24 include Adani Power, Sun Pharmaceutical Industries, Ola Electric, IRCTC, and GRP Limited.
Tata Power's Mundra thermal plant to continue operations till Sept 30 under Centre's directions
Tata Power's Mundra thermal plant will continue supplying electricity for three more months until September 30, following an extension of special operating directives from the Centre. This move aims to prevent power shortages during the summer's peak demand. The plant, which had previously suspended operations due to losses, resumed full capacity in April and is crucial for supplying power to several northern and western states.
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.
Power Grid Corporation to consider FY27 bond issuance plan on June 26
Shares of Power Grid Corporation of India Ltd ended at ₹292.25, up by ₹2.40, or 0.83%, on the BSE.
Ircon International JV secures contract worth Rs 763 cr
The scope of the work includes Design, Engineering, Manufacture, Assembly, Inspection, Testing at Manufacturer's Works before Dispatch, Packing, Supply, Delivery at Site, Including Insurance during Transit, Subsequent Storage at delivery location(s), Erection, Testing and Commissioning of Under Ground Power Cable Network (HT & LT), Smart Grid Applications including Supervisory Control and Data Acquisition (SCADA), Advanced Distribution Management System (ADMS), Outage Management System (OMS), GIS Mapping & integration, Under Ground OFC Communication System by laying of Optical Fiber Cable (OFC), Integration with third party IT application softwares & hardwares (such as Billing, ERP, & CIS) along with Underground Power Cable and establishment of Smart Grid Control Centre (Main & Backup) with Distribution Network Automation (DNA) including facility management and O&M of system in Agartala Municipality Area, Tripura (Package-A) of Agartala Smart Grid.
IRCON JV bags ₹763 crore Tripura power project; RVNL's Saleem Ahmad to take CMD charge
IRCON's joint venture has secured a ₹763 crore smart grid project in Tripura, with the company's share at ₹198 crore. Separately, the Railways Ministry has named RVNL chief Saleem Ahmad as IRCON's interim CMD from July.
Vedanta Power, Oil & Gas, and Iron shares rally up to 5%; Aluminium sheds 3%. Should you buy, sell or hold?
Vedanta’s newly demerged entities extended their rally, with Oil & Gas, Power and Iron & Steel hitting upper circuits, while Aluminium slipped despite Citi’s bullish outlook. Brokerages remain constructive on select businesses, though views differ on valuations as investors assess growth, cyclicality and execution risks.
Jefferies initiates coverage on GE Vernova, bullish on 2 other power transmission stocks
Jefferies has initiated coverage on GE Vernova T&D India with a Hold rating and a target price of ₹6,000, citing limited upside despite strong sector tailwinds. The brokerage remains bullish on Hitachi Energy India and Siemens Energy India, reiterating Buy ratings with target prices of ₹43,145 and ₹4,500, respectively.
