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Your electricity provider may soon have competition in Gurugram. What it means for consumers
Gurugram's power supply monopoly may soon end, with a proposal before the Haryana Electricity Regulatory Commission to introduce a second distribution company. This move aims to address infrastructure strain and unreliable power, a growing concern for residents and businesses. The introduction of competition, a model rarely seen in India, could force providers to improve service, reliability, and pricing, offering consumers much-needed choice for the first time.
Transformers & Rectifiers Shares Jump Over 7% After Securing Rs 1,000-Crore Power Grid Order
TARIL shares surge on big order win from PowerGrid
Genus Power tanks 12% on huge volumes; 65 million shares change hands
A combined 65 million equity shares representing 21 per cent of total equity of Genus Power changed hands on the NSE (35.64 million) and BSE (29.24 million) till 10:22 AM on Tuesday, shows data.
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.
Stocks to Watch today: HCL Tech, HDFC Bank, Turtlemint, Hexaware Tech, IRFC
Stocks to Watch today, June 29: Tata Motors PV, Torrent Power, Dr Reddy's Laboratories, Aurobindo Pharma, KEC International, and Adani Ports are among the top stocks to watch during today's trade
Bluspring Enterprises arm secures 5-year O&M contract worth Rs 406.43 cr
From Vedanta Power
Vikran Engineering secures 969 MW AC solar power project of Rs 3,517.98 cr
The Company had earlier accepted a work order from Onix Renewable on 23 December 2025 for execution of the EPC works for the 600 MW project for Rs 2035.26 crore. Against the said earlier arrangement, work to the extent of around Rs 388.67 crore had been tentatively executed and the balance order value of around Rs 1,893.26 crore stands mutually cancelled pursuant to the revised contractual arrangement.
Bluspring Enterprises bags O&M contract worth Rs 406 crore from Vedanta Power
Bluspring Enterprises said that its wholly-owned step-down subsidiary STEAG Energy Services (India) has received an extension of contract for operations and maintenance of a 600 MW thermal power plant from Vedanta Power.
Anti-dumping duty on electrical steel may push transformer costs, impact grid expansion: GTRI
A potential anti-dumping duty on crucial cold-rolled grain-oriented electrical steel (CRGO) imports could significantly hike transformer manufacturing costs and impede India's ambitious power grid expansion plans. With domestic production meeting less than 10% of demand, imposing duties might raise prices without reducing import reliance, impacting vital infrastructure development and renewable energy integration. The probe follows a complaint by JSW JFE Electrical Steel Nashik Pvt Ltd.
Cummins India to invest more in green tech
Cummins India is aggressively investing in electric, fuel blending, and hydrogen technologies to secure growth beyond 2030 and counter rising Chinese competition. The company, a leader in engines and power generators, is also strengthening its supply chains against geopolitical risks. Managing Director Shveta Arya highlighted the importance of reliability and customer relationships in a dynamic market, while also eyeing opportunities in India's burgeoning data center sector.
Sensex closes 109 points higher, Nifty above 24,050; IndiGo, M&M among top gainers
Indian stock markets closed with modest gains on Sensex monthly expiry day, as both indices erased significant intraday advances. Sensex added 109 points to 77,100.47, and Nifty 50 climbed 34 points to 24,056. Strong performances from IndiGo, M&M, and Maruti Suzuki bolstered the gains, while Power Grid shares saw notable declines. The broader market, however, dipped into the red.
CSB Bank Ltd leads losers in 'A' group
Inox India Ltd, Mishra Dhatu Nigam Ltd, MMTC Ltd and Genus Power Infrastructures Ltd are among the other losers in the BSE's 'A' group today, 25 June 2026.