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Power sector: Antique picks NTPC, Adani Power, ACME Solar; here's why
Antique said that it prefers companies with exposure to firm power generation and transmission-linked opportunities. It has maintained a 'Buy' rating on NTPC, Adani Power, and ACME Solar.
Power Grid Share Price Live Updates: Power Grid Shows Positive Momentum Above 20-Day SMA
AI Couldn't Replace Experience: Ford Rehires 300 Veteran Engineers Who Carry 'Wisdom'
Ford topped the latest JD Power Initial Quality Survey among mainstream brands.
India sets sights on easier N-plant site selection
India is streamlining the site selection process for new nuclear power plants to accelerate atomic energy expansion. A simplified checklist approach is being explored, shifting initial site evaluation responsibility to private developers. This aims to cut lengthy approval times, crucial for achieving ambitious capacity targets and encouraging private sector participation in nuclear generation.
Forgent Power Solutions stock falls on public offering news By Investing.com - Investing.com India
Forgent Power Solutions stock falls on public offering news By Investing.comInvesting.com India
Draft National Electricity Data Sharing Framework unveiled
The framework will apply to all electricity sector data created and maintained by power generating companies, transmission licensees, distribution licensees, load despatch centres, regulatory commissions, government agencies including Central Electricity Authority, Grid India and power exchanges, among others.
'Creditors can't seek claims beyond okayed resolution plan'
Creditors seeking duplicate recoveries from group companies after a resolution plan is finalized will be disappointed, the NCLT ruled. JM Financial ARC's bid to recover more from KSK Mahanadi Power via guarantees was dismissed, as the tribunal found their admitted dues were already fully satisfied. This landmark judgment clarifies that approved resolution plans are binding, preventing further claims outside their scope.
Power demand tops 250 GW as weak monsoon keeps heat on
India's peak power demand is soaring above 250 GW due to lingering heatwaves, outpacing a sluggish monsoon. Authorities are preparing contingency plans, including maximizing coal power and potentially directing gas-based plants to operate at full capacity. With forecasts of below-normal rains, electricity consumption for cooling and irrigation is expected to remain high, especially in August and September, as the nation braces for potential supply challenges.
Delhi peak power demand hits all-time high of 8,748 MW amid heatwave conditions
In an extraordinary turn of events, Delhi's power consumption skyrocketed to an all-time high of 8,748 MW on Monday, driven by a relentless heatwave. City officials commend the effective power infrastructure and strategic foresight that allowed for uninterrupted service. Nevertheless, this surge places immense pressure on transmission capabilities, with forecasts suggesting continued rises in usage throughout the season.
Infra Stock in Focus After Power Grid Revokes Tender Restriction By Trade Brains - Investing.com India
Infra Stock in Focus After Power Grid Revokes Tender Restriction By Trade BrainsInvesting.com India
SJVN signs PPAs with Gujarat Urja Vikas Nigam for hydro power from Himachal Pradesh
Shares of SJVN Ltd ended at ₹71.90, down by ₹0.20, or 0.28%, on the BSE.
Diffusion Engineers bags Rs 26-cr order for power sector supplies
Diffusion Engineers announced that it has received a domestic order worth about Rs 26.31 crore for the supply of RAPH rotor assembly for the power industry.