(Financial Express) Power utilities are expected to deliver robust earnings in the final quarter of FY25, driven by growth in regulated equity from capacity expansions, new transmission lines, rising power demand, and sustained volume growth in the short‑term market, analysts stated. Contributions from the solar EPC (engineering, procurement, and construction) segment and increased rooftop installations are also likely to bolster earnings. “We retain our positive outlook on NTPC, driven by increased regulated equity from addition in thermal capacity. We are also positive on CESC and NLC given the strategic shift towards renewable energy for the former and expanding project portfolio for the latter,” said Elara…
Author: Aruna Sharma
(HT) At least 22 people were killed in different parts of the state as heavy rain, accompanied by hailstorm and lightning, lashed several parts of Uttar Pradesh on Thursday, according to the relief commissioner’s office. Lucknow received 13 mm rainfall, which brought relief from heat but it also resulted in a host of problems, including waterlogging and power supply disruption. Three people each were killed in Fatehpur and Azamgarh districts, two each in Firozabad, Kanpur Dehat and Sitapur districts, one each in Ghazipur, Gonda, Amethi, Sant Kabir Nagar and Siddharth Nagar districts and one loss of life has occurred in…
(PIB) The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has approved the doubling of Tirupati – Pakala – Katpadi single railway line Section (104 km) in Andhra Pradesh and Tamil Nadu with total cost of Rs.1332 crore (approx.). The enhanced line capacity will improve mobility, providing enhanced efficiency and service reliability for Indian Railways. The multi-tracking proposal will ease operations and reduce congestion, providing the much-required infrastructural development on the busiest sections across Indian Railways. The project is in line with the Prime Minister Shri Narendra Modiji’s Vision of a New India which will…
(PIB) Union Home Minister and Minister of Cooperation, Shri Amit Shah, chaired a review meeting on the implementation of three new criminal laws in Odisha, in the presence of Chief Minister Shri Mohan Charan Majhi, in New Delhi today. The meeting reviewed the implementation and present status of various new provisions related to police, prisons, courts, prosecution, and forensics in Odisha. The meeting was attended by the Union Home Secretary, Chief Secretary and Director General of Police of Odisha, the Director General of the Bureau of Police Research and Development (BPRD), the Director, the National Crime Records Bureau (NCRB), and…
(PIB) In a notable advancement towards strengthening India’s energy independence and economic growth, the Ministry of Coal has signed Coal Mine Development and Production Agreements (CMDPAs) with the successful bidders of two coal mines—Marwatola-II and Namchik West—under the 11th round of commercial coal mining auctions. These agreements mark another step toward the country’s goal of achieving self-reliance in coal production. Singhal Business Private Limited has secured the Marwatola-II block, while PRA Nuravi Coal Mining Private Limited has emerged as the successful bidder for Namchik West. Of the two coal mines, one is fully explored and the other is partially explored.…
(ET) Tata Steel’s Dutch subsidiary plans to cut around 1,600 jobs in management and support functions as part of a sweeping transformation plan aimed at improving efficiency and preparing for a green steel future. Tata Steel Nederland has begun formal talks with its Central Works Council and informed trade unions about the proposed reorganisation, parent Tata Steel said in a regulatory filing on Wednesday. The company has filed a formal Request for Advice with the Netherlands’ Central Works Council to initiate consultations on the proposed changes. “Tata Steel remains committed to ensuring that its Netherlands operations achieve their potential of being one of the…
(ET) NTPC Ltd is exploring the possibility of installing small modular reactors at its older coal-based power plants. India’s largest power generator has issued a tender, inviting bids from consultants to undertake a feasibility study for installing these reactors. Interested bidders have until April 18 to submit their offers. NTPC’s feasibility study for SMRs marks the first such move by a state-run company. It follows the government preparing a framework to reach 100 GW capacity and working on amendments to laws to allow private sector participation in nuclear power generation. NTPC, which plans to add 30 GW of nuclear power capacity, is currently implementing a 2,800 MW Mahi…
(The Tribune) Haryana’s Energy Minister Anil Vij said that an 800 MW supercritical thermal unit would be established in Yamunanagar. He said that the government was planning to set up a similar plant in Khedar and two in Panipat. These thermal units would boost power generation and reduce dependence on external power sources. He was today interacting with mediapersons after inspecting the preparations for the proposed visit of Prime Minister Narendra Modi to Yamunanagar. Before the inspection, Vij held a meeting with officers at the venue and gave necessary directions regarding the arrangements. During the inspection, Vij said that the…
(Dainik Bhaskar) कोल इंडिया की रांची स्थित अनुषंगी कंपनी सीसीएल ने वित्त वर्ष 2024-25 में नया इतिहास रचते हुए कोयले के उत्पादन और प्रेषण में नई उपलब्धि हासिल की है। सीसीएल ने इस वर्ष 87.5 मिलियन टन कोयले का उत्पादन किया है और यह कंपनी की स्थापना के बाद अब तक का सर्वाधिक वार्षिक उत्पादन है। कंपनी ने इस दौरान 85.9 मिलियन टन कोयले का प्रेषण किया है। इस उपलब्धि में कोयला खदानों आम्रपाली, चंद्रगुप्त, बरकासयाल, मगध संघमित्रा, पिपरवार, उत्तर कर्णपुरा, रजरप्पा और राजहरा परियोजनाओं का महत्वपूर्ण योगदान है। कंपनी के सीएमडी नीलेंदु कुमार सिंह द्वारा दी गई। जानकारी के…
(PTI) Prime Minister Narendra Modi on Thursday paid tributes to Mahavir, the 24th and last ‘tirthankar’ in the Jain religion, on his birth anniversary, saying his ideals give strength to countless people all around the world. Modi said his government will always work to fulfil the vision of the reverted holy figure. He noted that the government last year conferred the status of classical language on Prakrit, a decision which received a lot of appreciation. He said, “We all bow to Bhagwan Mahavir, who always emphasised on non-violence, truth and compassion. His ideals give strength to countless people all around…