The turnaround in distribution utilities is matched by improvements in other critical performance indicators, highlighting the depth of reforms. Itâs good news that was longâawaited. Indiaâs power distribution utilities have collectively recorded a positive profit after tax (PAT) of âč27.01 billion in FY2024â25, marking a turnaround for the sector. The worldâs thirdâlargest energy consumerâs distribution...
Tag: electricity
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Khattar Calls for Unified Reforms to Safeguard Fiscal Health of Power Distribution Sector
Union Minister for Power Manohar Lal Khattar chaired the fifth meeting of the high-level ministerial group in New Delhi, convened to deliberate on structural reforms aimed at restoring the viability of Indiaâs power distribution utilities. Union Minister for Power, Manohar Lal Khattar, has called for a coordinated reform strategy involving the centre, state governments and...
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India Sets 2028 Target for Swadeshi Solar Cells, Eyes Full Domestic Value Chain: Pralhad Joshi
The New and Renewable Energy Minister confirmed that, following requests from chief ministers for additional allocations under the PM-KUSUM scheme, its second phase will be launched after the current phase concludes in March 2026. India is advancing towards a fully indigenous solar manufacturing ecosystem, with a target to produce Swadeshi solar cells by 2028, Union...
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GST 2.0 to Unlock Liquidity and Lower Capital Costs for Renewables: Oyster Energy MD
Recent GST cuts are set to unlock liquidity and lower capital costs for renewable energy developers, says Siddharth Bhatia, Managing Director of Mumbai-based independent power producer Oyster Renewable Energy, in conversation with INFRASTRUCTURE TODAYâs Manish Pant. He argues that these reformsâif aligned with Make in India prioritiesâcould accelerate project execution and attract foreign capital. Bhatia...
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Vedanta Ltd in a race to become India’s first chip maker
Vedanta seeks 1k acres of free land for semiconductor manufacturing
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A unit of Parli thermal power plant shut due to coal shortage
The three sets of the station each have a capacity of 250 MW A senior official said on Monday that one of the three power generation units at Parli Thermal Power Plant in Maharashtra’s Beed district has been shut down due to a coal shortage.Maharashtra State Power Generation Companyâs (Mahagenco) Parli Thermal Power Plant is...
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Bentley Systems announces Seequentâs Acquisition of Aarhus GeoSoftware
Enriching Subsurface Digital Twins through Electromagnetic Remote Sensing Bentley Systems, the infrastructure engineering software company has announced that its Seequent business unit has acquired Danish company Aarhus GeoSoftware, a developer of geophysical software. The acquisition extends Seequentâs solutions for operational ground water management, and for sustainability projects involving exploration, contaminants, and infrastructure resilience.  Aarhus GeoSoftware,...
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India, adynamic and scaled-up renewable energy market
Blueleaf Energy, a portfolio company of Macquarieâs Green Investment Group (GIG), specialising in the development, finance, construction and operation of both commercial & industrial (C&I) and utility-scale solar systems, across the Asia-Pacific region made an entry into the Indian market in September 2020. On February 10, Macquarie Infrastructure and Real Assets said that it has...
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Cross-border trading in electricity would naturally benefit India
A veteran of India's energy sector, Prof Kirit Parikh chaired the committee that submitted the 2013 groundbreaking report on pricing methodology for diesel, domestic LPG and PDS kerosene.
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BEST to get 400,000 hi-tech smart meters to track power consumption
BEST will be replacing 0.3 million electricity metre of low-end residential consumers and 0.1 million high-end users with hi-tech smart metres with an estimated cost of Rs 2.38 billion.