Rising power sector investments, steady public infrastructure spending, and expanding overseas contracts will drive EPC revenue growth this fiscal. Large, diversified engineering, procurement and construction (EPC) companies with revenue above ā¹10 billion and presence across multiple infrastructure segments are set to post a 100-200 basisāpoint (bps) increase in revenue growth to 9-10āÆperāÆcent this fiscal, according...
Tag: power sector
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Discoms Spark Turnaround: Power Utilities Post First Profit in Several Years
The turnaround in distribution utilities is matched by improvements in other critical performance indicators, highlighting the depth of reforms. Itās good news that was longāawaited. Indiaās power distribution utilities have collectively recorded a positive profit after tax (PAT) of ā¹27.01 billion in FY2024ā25, marking a turnaround for the sector. The worldās thirdālargest energy consumerās distribution...
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Manohar Lal Flags Off Countdown to Global Bharat Electricity Summit 2026 in March
The fourāday event will showcase Indiaās leadership in the global energy transition while addressing challenges and opportunities in the power sector. India will host the Bharat Electricity Summit (BES) 2026, a global conferenceācumāexhibition for the power and electricity sectors, from March 19-22 at Yashobhoomi, New Delhi. Announcing the summit on Thursday, Union Minister of Power...
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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 Indiaās 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 Surpasses Clean Energy Goal with 50% of Grid Now Powered by Non-Fossil Sources
Despite having one of the lowest per capita emissions globally, India remains among the few G20 countries that are on track to meet, or even exceed, commitments made at the Paris Climate Agreement. India, the worldās fastest-growing renewable energy market, achieved 50 per cent of its installed electricity capacity from non-fossil fuel sources a full...
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India to Extend Digitalisation of Public Services to the Power Sector with India Energy Stack
While major global economies are advancing digitalised energy frameworks, the India Energy Stack may be the most ambitious attempt by any country to integrate public infrastructure at scale through a unified āstackā architecture. Following the success of Aadhaar as a national identity card and UPI for digital payments, the government announced an India Energy Stack...
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Coal India targets 156 MT coal supply to power sector in April-June
Would be scaling up its production into a higher orbit.
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India eyes offshore wind power to become carbon-neutral by 2070
India raises NDC goal of non-fossil fuel capacity of 500 MW by 2030
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India’s power sector seeks increased coal transports
Coal transport slowed down due to shortage in availability of rakes
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Coal imports in Indiaās power sector declines to 22.73 mt
The share of coal supply by CIL has increased to 64.3% in 2021-22