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Who says gas based units do not run in the winters? .  NERPC’s commercial agenda enters a harder phase: Dispute-resolution to structural stress management.  Yadadri tariff battle sharpens as TGENCO defends Rs 36,000-crore cost surge.  Coal quality at stake: Coal Controller tightens RFQ scrutiny for coal testing agencies.  KSERC ties APTEL payment rollout BSES Kerala Power to Supreme Court deposit compliance.  TNERC blocks retrospective clawback of captive solar adjustment charges.  TNERC strikes down TNPDCL EMI defence, orders full wind dues with interest.  TNERC orders Rs 6 crore refund to ITC but drops contempt case.  India opens virtual renewable contract market under CERC oversight.  CERC validates GST and bird-diverter shocks as solar tariff change-in-law events.  MTL obligation drops sharply in December but cost inefficiency persists in SCED recovery.  Daily forward looking import matrices.  Company Updates.  Miscellaneous Update: Part I.  Miscellaneous Update: Part II.  Regulatory Updates: Part I.  Regulatory Upadate: Part II.  Market Round-up.  Power Committee Updates.  Download tenders and newclips.  .  India’s invisible megawatts: How captive and rooftop power finally forced themselves into the grid conversation.  Supreme Court-triggered audit to probe KSEB’s survival without regulatory asset recovery.  India’s coal price index hides a widening split between steel and power fuel costs.  CEA begins market mapping of grid-forming inverter manufacturing base.  CERC blocks data fishing bid in ISTS charge dispute, narrows evidentiary scope.  UERC trims PTCUL’s 220 kV hybrid bay approval to Rs 10.64 crore from Rs 11.05 crore.  Parliamentary Briefs.  Company Updates.  CERC Updates.  Miscellaneous Update: Part I.  Miscellaneous Update: Part II.  Daily forward looking import matrices.  Regulatory Updates: Part I.  Power Committee Updates.  Market Round-up.  Download tenders and newclips.  Coal logistics: Results.  Clean technical clearance sets up high-stakes price discovery in Mawkhanu.  Urja Global Limited’s review flags missing evidence for Rs 46.35 crore CWIP; recoverability “not determinable.  Contracting news for the day: Part-1.  Contracting news for the day: Part-2.  KEC International Limited details bribery-case overhang as “sub judice”; no update, no outcome stated.  Company updates.  Dry bottom ash systems tendering: Patience becomes a qualification filter.  Download tenders and newclips.  Miscellaneous Update: Part II.  CSE Deccan Solar has a flags 12-year lock-in vs 19.75-year debt tail.  ReNew Wind Energy (TN2) PLF slip to 21.2% in H1FY26 despite NTPC-backed Rs.4.66–4.80 tariffs.  Solar’s trillion-dollar surge exposes widening divide between capital-rich and capital-poor regions.  Coal demand from thermal plants crosses 1-billion-tonne mark after post-pandemic surge.  Solar surge masks structural churn in India’s under-construction renewable pipeline.  India’s winter demand surge pushes coal fleet back to high utilisation while renewables continue expanding.  EV charging demand dips at public stations while private and depot charging accelerates across India.  Regulatory Updates: Part I.  Regulatory Upadate: Part II.  Miscellaneous Update: Part I.  Power Committee Updates.  Market Round-up.  Daily forward looking import matrices.  REC tightens transmission risk screws in Ryapte 2000 MW solar park evacuation tender.  TNPDCL’s 20,000 km AAAC rabbit conductor tender draws 30 qualified bidders, sharpening focus on price discipline.  Owner draws a hard compliance line at technical opening for its 33 MW rooftop solar programme.  Synergy quietly deepens its bet on GMR Power through preferential allotment.  Company updates.  Contracting news for the day: Part-1.  Contracting news for the day: Part-2.  Contracting news for the day: Part-3.  Miscellaneous Update: Part II.  .  Download tenders and newclips.  .  .   Thermal, hydro, pumped storage, solar, wind, BESS and T&D contract related activities of the day.  .  

Who says gas based units do not run in the winters?

Feb 05: 8There is common chatter that gas-based power backs off in winter because it’s expensive.
8But this power unit's consumption went from zero to a massive 1.4 mmscmd of gas
8And all of it is APM gas. And there is no gas for fertilizers, for which the govenment pays straight from the exchequer.
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NERPC’s commercial agenda enters a harder phase: Dispute-resolution to structural stress management

Feb 05: 8New policy instruments-Virtual PPAs, SCED-linked MTL compensation, Green Energy Open Access, and revised tariff frameworks-are no longer theoretical but financially live.
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Details

Yadadri tariff battle sharpens as TGENCO defends Rs 36,000-crore cost surge

Feb 05: 8More broadly, it signals how India’s regulators may treat mega thermal projects struggling with post-2017 cost inflation and compliance hurdles.
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Coal quality at stake: Coal Controller tightens RFQ scrutiny for coal testing agencies

Feb 05: 8The regulator’s message is clear: technical qualification will hinge on documented capability, not declarations.
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Details

KSERC ties APTEL payment rollout BSES Kerala Power to Supreme Court deposit compliance

Feb 05: 8The order reflects how appellate litigation is increasingly shaping cash-flow timing within regulated PPAs.
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Details

TNERC blocks retrospective clawback of captive solar adjustment charges

Feb 05: 8The order reinforces regulatory resistance to audit-driven reversals where operational consent and settlement history exist.
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Details

TNERC strikes down TNPDCL EMI defence, orders full wind dues with interest

Feb 05: 8The order reinforces that financial distress does not dilute regulatory payment discipline. It also signals tighter scrutiny of how discoms invoke central relief frameworks.
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Details

TNERC orders Rs 6 crore refund to ITC but drops contempt case

Feb 05: 8The broader signal is that regulatory directions carry long-tail financial consequences, but enforcement may stop at correction rather than punishment.
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Details

India opens virtual renewable contract market under CERC oversight

Feb 05: 8Crucially, Renewable Energy Certificates generated under these contracts will be transferred directly to consumers for compliance, then extinguished - preventing secondary market trading
8It signals the regulator’s intent to deepen market-based decarbonisation tools without disturbing physical grid operations.
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CERC validates GST and bird-diverter shocks as solar tariff change-in-law events

Feb 05: 8It also signals that environmental compliance and indirect tax shifts remain systemic, not developer-specific, burdens.
8The financial consequences will ripple downstream into distribution licensee power procurement costs.
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MTL obligation drops sharply in December but cost inefficiency persists in SCED recovery

Feb 05: 8For system operators and regulators, the signal is clear: the problem is no longer volume stress, but costly balancing inefficiency.
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Daily forward looking import matrices

Feb 05: It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days.
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8LPG
8Ammonia
8Coal & Coke
8All tankers
8Bulk and Dry cargo
Click on Reports for more. Details

Company Updates

Feb 05: NCLT grants Refex subsidiary Sherisha Solar LLP reply time, imposes Rs 10,000 cost.
8The NCLT also recorded that parties attempted settlement talks and agreed to explore an amicable resolution before the next date. Click on Reports for more.
BGR Energy faces Rs107.90 crore GST assessment demand; company says no material impact yet and plans appeal.
8What remains open is appellate relief, since BGR explicitly says it will appeal. Click on Reports for more.
Coal India board approves 51:49 JV with UPRVUNL to develop solar, wind and PSP projects in Uttar Pradesh.
8The annexure states Coal India will hold 51% equity, with the balance 49% held by UPRVUNL. Click on Reports for more.
OGPL says “no deviation” on Rs 250 crore rights issue; lists Rs 14,903.95 lakh utilised by Dec 31, 2025.
8OGPL discloses “Funds Utilized” of Rs 14,903.95 lakh against total original allocation of Rs 25,000.00 lakh, with Rs 10,096.05 lakh noted as deployed in fixed deposits with banks. Click on Reports for more.
ACME Solar names Rahul Kaushik process transformation head as it scales governance across 7,770 MW portfolio.
8He is brings nearly two decades of internal audit and risk advisory experience, including leadership of the Internal Audit function at O2 Power and stints at Ernst & Young, KPMG and Grant Thornton. Click on Reports for more.
NGEL commissioning lifts group capacity to 8,813.25 MW; NTPC group commercial capacity cited at 86,710 MW.
8The COD is declared w.e.f. 31 January 2026 following receipt of an RREC certificate dated 3 February 2026. Click on Reports for more.
Hindalco awards BHEL domestic BTG execution mandate with 35–37 month commissioning clock.
8BHEL states Hindalco Industries Limited has issued an LOI for a 2 x 150 MW boiler-turbine-generator package tied to the Aditya Aluminium expansion in Odisha. Click on Reports for more.
Power Grid acquires SR–ER strengthening SPV from PFC Consulting for Rs 19.63 crore under MoP guidelines.
8Consideration is recorded at Rs 19,63,36,237 under the share purchase agreement, with PFC noted the sale is not in the nature of a slump sale. Click on Reports for more.
Tata Power highlights 26.3 GW capacity base as Q3 FY26 analyst deck details renewables buildout.
8The deck states clean and green capacity accounts for ~17.5 GW, with a target of ~70% clean share by 2030. Click on Reports for more.
Tata Power reports Mundra plant operations suspended from July 3, 2025 amid supplementary PPA discussions.
8It adds the company is in discussion with procurers for a supplementary power purchase agreement, with financial impact to be considered once finalised. Click on Reports for more.
GE Power India compliance officer Kamna Tiwari resigns.
8She has resigned effective the close of business hours on 2 April 2026. Click on Reports for more.
NTPC cites Rs 5,000 crore unsecured term loans and 6.05% weighted borrowing cost in 9M FY26.
8The company said weighted average interest rate on borrowings fell to 6.05% in 9M FY26 versus 6.64% in 9M FY25. Click on Reports for more.
Adani Power ties up over 90% of 18.15 GW fleet under PPAs; merchant exposure cut to 10%.
8Wins 3,200 MW Assam greenfield LoA at Rs 6.30/unit; capacity charge pegged at Rs 4.16. pegs Rs 2 lakh crore capex for 24 GW buildout; says majority funded through internal accruals. Click on Reports for more. Details

Miscellaneous Update: Part I

Feb 05: 1) Powergrid moves dormant shareholder stakes toward IEPF transfer window.
8The action reflects regulatory enforcement of dormant capital migration into public protection mechanisms

2) POWERGRID locks inter-regional grid corridor via Rs 19.63 crore SPV acquisition>
8The system expansion involves high-capacity 765 kV lines across Odisha and Andhra Pradesh, reinforcing a critical east-south power transfer pathway.

3) Power purchase cost creep in November pushes Madhya Pradesh into January surcharge cycle
8The surcharge reflects a regulatory design that automatically transfers even modest system-wide cost overruns to end consumers within a two-month lag.

4) WBSEDCL showcases expansion drive as solar, service, and security initiatives advance
8The broader signal is a utility balancing growth messaging with credibility building in a politically sensitive service sector.

5) CESC lines up investor roadshows ahead of February market outreach cycle
8For analysts and institutional investors, these forums typically serve as platforms to probe regulatory risk, cost recovery outlook, and growth pipelines.

6) Kerala utility tightens control over who can supply grid hardware
8For suppliers, inclusion secures market access; for those excluded, it represents a direct commercial barrier.

7) Kerala utility forced to pay land charges after exemption window closes
8For state transmission planning, it reinforces that even small parcels of land can carry non-trivial regulatory overheads.

8) Kerala sets zero fuel surcharge for monthly users, modest charge for others
8For the system, it signals a period of relative fuel cost stability. For regulators, it reinforces confidence in automated adjustment frameworks over ad-hoc tariff petitions.
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Miscellaneous Update: Part II

Feb 05: ICICI Securities reiterates BUY on Powergrid with Rs.350 target as capex guidance rises to Rs.32,000 crore.
8The immediate benefit of higher capitalisation momentum is positioned with shareholders, while execution and supply constraints remain the live risk bucket. Click on Details for more.

S&P Global flags hydrogen offtaker clustering via WTP vs delivery cost framework for 2030 example.
8It says it can identify low-carbon hydrogen offtakers and demand clusters by comparing willingness to pay (WTP) against cost to deliver (CTD) at the facility level. give me paywall story. Click on Details for more.

Smart meter SPV’s rating leans on DDF waterfall, but ICRA flags payment history “yet to be established”.
8ICRA Limited rates Says Genus Rajputana Smart Metering SPV Private Limited direct debit facility (DDF) payment track record with Ajmer Vidyut Vitran Nigam Limited (AVVNL) is “yet to be established.” give me paywall story. Click on Details for more.

CARE reaffirms Bengal Energy at CARE A (stable) as Rs.720.54 crore capex targets April 2028 COD.
8The company plans a 2×500 tpd sponge iron unit and a 60 MW captive power plant (40 MW WHRB + 20 MW AFBC) at Midnapore, with estimated cost Rs.720.54 crore funded at a 1.50:1 debt-equity ratio and COD expected in April 2028. Click on Details for more.

Tribunal remands loan-interest computation in UJVN small hydro tariff dispute against UERC.
8It aside the methodology used to compute interest on loan for UJVN Ltd.’s Pathri and Mohammadpur SHPs and notes that UERC reduced the loan component by 75% of MNRE subsidy when calculating interest, but finds this inconsistent because the loan itself was availed after considering equity and full subsidy. Click on Details for more.

Tribunal upholds UERC denial of generic tariff for UJVN’s Pathri and Mohammadpur SHPs give me paywall story. Click on Details for more.

PXIL receives membership surrender request from Shubheksha Advisors Time given for objection filing. 
Click on Details for more. Details

Regulatory Updates: Part I

Feb 05: 1) Kerala regulator locks five-year bulk supply pact for Thrissur distributor
8The structure places emphasis on measured maximum demand across multiple substations rather than feeder-wise limits.

2) Tamil Nadu regulator clears emergency coal power costs through tariff pass-through
8It confirms that crisis-driven fuel price volatility can still flow into consumer tariffs when backed by central directives.

3) TNERC blocks TANGEDCO’s retrospective solar audit recovery demand
8The decision signals that audit corrections cannot override the commercial finality of grid-accepted renewable energy flows.

4) TNERC clears short-term power purchase, locks TNPDCL into strict cost discipline
8The order reinforces a broader regulatory push toward procurement discipline rather than post-facto cost recovery flexibility.

5) TNERC stretches e-filing software rollout timeline, eases bidder eligibility window
8It signals a cautious digital transformation path where schedule realism now outweighs calendar-driven deployment.

6) TNERC hearing docket exposes mounting tariff disputes and compliance battles
8The docket underscores a regulatory system balancing financial discipline, contractual stability, and legal enforcement as cost disputes intensify across the value chain.

7) CERC formalises India’s first regulatory framework for Virtual Power Purchase Agreements
8The move opens a parallel market channel for corporate renewable procurement without disturbing existing power scheduling systems.

8) CERC adopts sub-benchmark tariff for NR–WR transmission strengthening project
8Financially, the order reinforces tariff discipline by benchmarking bids against normative cost models.

9) CERC locks in discounted tariff for eastern grid expansion corridor
8Tata Power’s winning bid undercut the regulator’s normative benchmark by a notable margin, signalling continued investor appetite for regulated transmission assets despite tightening return expectations.

10) CERC approves Kurnool bay COD but denies delay relief, trims capital allowances
8The broader regulatory tone reinforces discipline on delay attribution even in relatively small bay assets.
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Details

Regulatory Upadate: Part II

Feb 05: 1) JERC rewrites CGRF–ombudsman clocks: complaint acknowledgement now “within 7 days”, orders “60 days”
8It also changes ombudsman-side steps including representation registration timelines
 
2) UERC trims PTCUL hybrid bay capex to Rs 10.64 crore, okays only “in-principle” pending prudence check
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Details

Market Round-up

Feb 05: 1) DAM–RTM basis flipped sign in 24 hours, widening the scheduling risk premium
8On 2026-02-04, DAM MCP rose to Rs 3.45/kWh while RTM MCP fell to Rs 2.74/kWh, flipping the basis from the prior day.
Inference: With lower real-time imbalance pressure earlier, the swing points to day-ahead overcommitment followed by real-time correction.
Why it matters: A Rs 0.71/kWh spread penalises inaccurate demand forecasting and raises avoidable power purchase cost for DISCOMs that over-schedule in DAM.

2) GDAM cleared above DAM on the peak day, hinting at green scarcity pricing
8On 2026-02-04, GDAM MCP printed Rs 3.60/kWh, above DAM’s Rs 3.45/kWh.
Inference: Buyers appear to have paid a clean-energy premium due to constrained matching of time-specific green supply.
Why it matters: Persistent GDAM premiums can inflate renewable procurement costs and distort short-term compliance economics for obligated entities.

3) HPDAM showed sell interest but zero clearing all week - hydro value stayed “on paper”
8From 2026-01-29 to 2026-02-04, HPDAM shows ~133–136 GWh/day sell bids, but MCV and scheduled volume remained zero.
Inference: Hydro flexibility was offered but price or system constraints prevented trade execution.
Why it matters: Idle hydro bids shift balancing burden to RTM and DSM, increasing price volatility and deviation settlement exposure.

4) Thermal under-delivery forced hydro to shoulder Southern region balancing
8On 2026-02-03, Southern thermal output was 734.22 MU vs 938.34 MU program (-21.25%).
Inference: Hydro over-performance cushioned thermal shortfall, indicating dispatch stress rather than demand collapse.
Why it matters: Hydro used for balancing instead of peak arbitrage reduces its future price-smoothing role, raising intraday market volatility risk.

5) Coal stock stress surfaced in Rajasthan despite zero national shortage
8On 2026-02-03, Chhabra units held only 64–72% of normative coal stock.
Inference: Plants with low stock face higher forced market dependence during ramp events.
Why it matters: Coal stress quietly shifts cost from generation to exchanges, potentially adding Rs 0.40–0.80/kWh to marginal procurement during tight hours.

6) Maharashtra alone showed ATC violations while peers stayed within limits
8On 2026-02-04, Maharashtra recorded 5 ATC violation blocks while most states reported zero.
Inference: Corridor-specific stress rather than all-India congestion drove the breach.
Why it matters: Local ATC binding can inflate regional MCPs and increase area-specific congestion charges, raising landed power cost.

7) Frequency average looked stable, but low-side excursions dominated the day
8Average frequency was 50.008 Hz, yet 181 low-frequency excursions occurred versus 146 high-side events.
Inference: Downward stress events were more frequent, indicating higher balancing demand.
Why it matters: Frequent low-side excursions increase reliance on fast reserves and ancillary services, adding hidden system operation costs that later surface in tariffs.

8) Northern states showed opposite PX/RTM positions in the same off-peak window
8At 03:00 on 2026-02-04, Uttar Pradesh showed -2,310 MW PX/RTM/STOA position, while Punjab showed +1,350 MW.
Inference: States adopted divergent balancing strategies under similar grid conditions.
Why it matters: Such divergence raises settlement volatility and DSM exposure, potentially widening inter-state procurement cost gaps.
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Details

Power Committee Updates

Feb 05: 1) NER’s dispatch economics flipped: SCED net payouts collapsed even as down-dispatch dominated
8This is a tightening mismatch between “who the grid curtails” and “who ends up paying.

2) WR’s ancillary pool turned into a two-speed market: SCUC kept minting winners, while TRAS discipline deteriorated into an “Emergency-heavy” penalty week
8The grid looks like it is buying reliability in SCUC while charging for indiscipline in TRAS-and in the latest week, the “indiscipline” component spilled more visibly into Emergency-tagged outcomes.

3) From audit fatigue to fault cascades: Eastern grid’s protection architecture is breaking at the edges
8The PCC is now moving from coordination to coercion-through expanded third-party audits, forced setting reviews, and direct letters to defaulting utilities.

4) ER’s DSM week was quietly recapitalised by one state-and brutally destabilised by one corridor
8ER’s DSM is no longer a “state-by-state story” alone-inter-regional exposure is the dominant risk surface and it is being corrected post-facto, not prevented upstream.
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Details

Download tenders and newclips

Feb 05:  For reference purposes the website carries here the following tenders:
 
8Tender for work of AMC cleaning of insulator strings by using high voltage insulator cleaner & protector of various transmission lines Details
 
8Tender for physical verification, valuation, and accounting of both stores inventory and MAS item including Details
 
8Tender for procurement of 01 No. vertical type centrifugal sump pump without motor capacity Details
 
8Tender for supply of consumables and other materials Details
 
8Tender for supply of 1800 mtr M.S.ERW 350 NB pipes Details
 
8Tender for renewing of its rubber seals in unit III and unit IV of power house Details
 
8Tender for battery maintenance contract for the works job work of routine cleaning and daily readings of DC battery cells Details
 
8Tender for supply, erection & commissioning of remote position sensor type double acting smart positioners Details
 
8Tender for supply, erection, commissioning, testing & trial of control panel Details
 
8Tender for empanelment of contractors to award a contract for survey, installation, testing and commissioning of 33kV line, 11/0.433 kV distribution transformer Details
 
8Tender for procurement of spares of air compressor model Details
 
8Tender for construction of new control room along Details
 
8Tender for procurement of different types of spares for ash slurry pumps Details
 
8Tender for procurement of cassette baffle for horizontal coils primary reheater Details
 
8Tender for routine maintenance works in fuel oil handling system Details
 
8Design, supply, testing and commissiining of 1 no 132kV hybrid or GIS module at 132kV substation Details
  
8Tender for procurement of grinding roll and bull ring segments for bowl mill XRP-883 overhauling Details
  
8Tender for rate contract for procurement of 120 MT sulphuric acid Details
  
8Tender for dismantling, loading and transportation of 2x10MVA power transformers with accessories Details
  
8Tender for supply, erection and commissioning of 450 NB M.S seamless pie with supporting pedestal for furnace oil pumping line Details
  
8Tender for supply of 200 NB, SS 316 class 150 ,gate valve for CWPs discharge and condenser cooling water pipe line Details
  
8Tender for procurement of NB 200 carbon steel seamless pipes and bends. Details
  
8Tender for operation and maintenance contract for 4 MW solar PV based microgrid Details
  
8Tender for miscellaneous civil works Details
  
8Tender for supply, installation, testing and commissioning (SITC) of integratedautomated auger system Details
  
8Tender for calibration, repair and procurement of readout units and other allied works Details
  
8Tender for repair, replacement and up in the existing data acquisition system and other allied works Details
  
8Tender for painting and repair work of switchyard Details
  
8Tender for supply of spares of CW pumps Details
  
8Tender for supply of duct support pipes Details
  
8Tender for laying of 185 SQMM U/G U/G cable with cable joints work Details
  
8Tender for laying of 240 SQMM U/G cable with cable joints work Details
  
8Tender for empanelment of contractors to award a contract for survey, installation, testing and commissioning of 33kV line, 11/0.433 kV distribution transformer Details
  
8Tender for empanelment of contractors to award a contract for survey, installation, testing and commissioning of 33kV line Details
  
8Tender for retrofitting of existing HPA 12 1640 12 KV1600 A SF 6 gas circuit breaker with vacuum circuit breaker Details
  
8Tender for work of complete mechanical overhauling of natural draft cooling tower Details
  
8Tender for monitoring of carbon emissions and carrying out environment audit Details
  
8Tender for procurement of bolts/stud and nuts with washer used Details
  
8Tender for procurement of various spares for BFP booster pump model Details
  
8Tender for procurement of essential spares for 600MW main turbine Details
  
8Tender for outsourcing of operation and maintenance of PDFAC system Details
  
8Tender for procurement of 2550KM of ACSR raccoon conductor. Details
  
8Tender for procurement of worm shaft for HP-803 bowl mills installed Details
  
8Tender for work of complete overhauling and cartridge replacement of 200KHI boiler feed pump Details
  
8Tender for work of providing services for loading, unloading, shifting and stacking of materials Details
  
8Design, supply, installation, testing, commissioning and replacement of 2MVA, 6600V/433V power transformer Details
  
8Tender for supply of various LT cables and LUGs Details
  
8Tender for annual rate contract for preventive/ scheduled work, defect attending/ unscheduled/ as when required work, O/h / B/d work, shut down/ emergency maintenance of electrical auxiliaries insalled Details
  
8Tender for constructing 11kV line with covered conductor Details
  
8Tender for renovation of chain link fencing around Details
  
8Tender for reconductoring 11kV with covered conductor Details
  
8Tender for construction of 2nd addl. 12.5 MVA 132/11 kV T/F plinth and allied civil works Details
  
8Design, manufacture, testing before dispatch & delivery of 52,000 Nos. male female contact sets for 11kV, 75 Amp GO switches Details
  
8Tender for work of shifting of 11 kV UG cable Details
  
8Tender for renovation of electrical section Details
  
8Tender for repair & maintenance of stop log gates Details
  
8Tender for carrying out dyuthi 2.0 works Details
  
8Tender for new 11kV UG cable work Details
  
8Tender for rate contract for repair of damaged failed 33/11kV 3.15 MVA ,5.0 MVA, 8.0 MVA power transformer Details
  
8Tender for construction of 33 kV sub station Details
  
8Tender for supply and erection of 0.10 Km UG cable Details
  
8Tender for modification of existing transformer Details
  
8Tender for procurement of bunker discharge gate assembly with electrical actuator Details
  
8Tender for supply of 11 kV single pole stand alone structure materials complete set Details
  
8Tender for procurement of spares for main turbine HP control valve Details
  
8Tender for supply of feeder discharge gate assembly with electrical actuator Details
  
8Tender for works contract for central stores materials handling Details
  
8Tender for supply of moving contact for 11kV AB switch Details
  
8Tender for providing and fixing ACP cladding with fixing steel Details
  
8Tender for construction of other allied civil works Details
  
8Tender for service contract for repairing of ventilation duct Details
  
8Tender for service contract for emergency TIT BIT maintenance Details
  
8Tender for SITC of 250A/200A MCCB panel on 100/63 KVA DTRs Details
  
8Tender for replacement of ACSR bare conductor by insulated covered conductor Details
  
8Tender for work of supply, installation, testing and commissioning of 250A MCCB panel on 100/63 KVA DTRs in various Details
  
8Tender for shifting of 33 kV, 11 kV, LT lines Details
  
8Tender for construction of new 11 kV composite feeder on existing 11 kV feeder Details
  
8Tender for replacement of weasel conductor by aerial bunch cable Details
  
8Tender for installation of additional 100 KVA transformer Details
  
8Tender for construction of new 11 kV feeder from 33/11 kV sub-station Details
  
8Tender for increasing capacity transformer Details
  
8Tender for replacement of weasel conductor by aerial bunch cable Details
  
8Tender for annual maintenance work Details
  
8Tender for work of servicing & overhauling along with providing & fixing of required spares of 33kV circuit breakers Details
  
8Tender for work of servicing & overhauling along with providing & fixing of required spares of 145kV circuit breakers at various substations Details
  
8Tender for work of servicing & overhauling along with providing & fixing of required spares of 145kV circuit breakers Details
  
8Tender for work of feeder re-orientation at 110kV & 220kV substation Details
  
8Tender for purchase of various capacity of 11 kV CTPT units Details
  
8Tender for construction of stacking platform and miscellaneous civil works Details
  
8Tender for work of monkey patrolling of various 220kV & 132kV lines Details
 
You can also click on Tenders for more
 
For reference purposes the website carries here the following newsclips:
 
8PFC Q3 FY26 profit rises 15% to Rs 4,763 crore on strong loan growth, declares Rs 4 interim dividend Details
 
8Managing Power Flows: Challenges in renewable integration at the distribution level Details
 
8Adani Energy delivers 1 crore smart meters across discoms Details
 
8AM/NS India secures green steel certification under new government taxonomy Details
 
8Coal India board clears Chile holding company for lithium, copper foray Details
 
8Suzlon Q3FY26 result: Net profit rises 15% to Rs 445 crore, revenue at Rs 4,228 crore Details
 
8NHPC Q3 profit dips 3 pc to over Rs 320 crore Details
 
8Tata Power Q3 profit rises marginally to Rs 1,194 Crore Details
 
8Telangana scraps extra charges for power line extensions for homes, farmers Details
 
8Capital Inflows: Recent equity deals in the energy sector Details
 
8Meeting Sustainability Goals: Green aluminium could be a game changer in the energy transition Details
 
8Nuclear Power Reforms: SHANTI Act 2025 opens the doors for private sector participation Details
 
8From projects to power: Budget 2026 bolsters India's solar EPC backbone Details
 
8Solar Industries projects 15% annual growth with mining and defense expansion Details
 
8Solis ranks No.1 in India’s rooftop solar inverter market Details
 
8Rajasthan’s new demand flexibility rules explained: How shifting electricity use could unlock more solar power Details
 
8Power Generation company receives an order from solar energy corporation of India Details
 
8Apr-Dec period: Coal import for power sector blending plunges 54% Details
 
8Tata Power eyes small modular reactors, assessing land in three states Details
 
8Link power tariff hikes to inflation, suggests expert report to 16th FC Details
 
8POWERGRID commissions Khavda Phase II Part C transmission project Details
 
8Tata Power profit drops as thermal business weakens Details
 
You can also click on Newsclips for more Details

India’s invisible megawatts: How captive and rooftop power finally forced themselves into the grid conversation

Feb 04: 8The discussion exposes a quiet governance gap: CEIs, SLDCs, DISCOMs, and developers all hold fragments of the truth, but no one owns the full picture. The proposed data architecture-pilots, smart meters, AMR systems, and developer-led platforms-signals a shift from ad-hoc reporting to quasi-real-time surveillance. Yet beneath the technical optimism lie unresolved cost burdens, data ownership questions, and regulatory exposure that could reshape captive economics and rooftop solar’s grid relationship.
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Supreme Court-triggered audit to probe KSEB’s survival without regulatory asset recovery

Feb 04: 8This signals a governance shift from tariff debates to balance-sheet accountability. The exercise could reshape how Indian regulators view prolonged regulatory asset accumulation.
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India’s coal price index hides a widening split between steel and power fuel costs

Feb 04: 8This split suggests that steel sector fuel costs are firming while power sector fuel pressure is easing slightly. For power utilities and regulators, the stable headline index masks grade-level shifts that could affect FPPCA calculations and station-wise variable cost trends.
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CEA begins market mapping of grid-forming inverter manufacturing base

Feb 04: 8Manufacturers now face a soft regulatory spotlight that could shape eligibility in upcoming renewable integration schemes.
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CERC blocks data fishing bid in ISTS charge dispute, narrows evidentiary scope

Feb 04: 8The order also signals CERC’s resistance to turning tariff proceedings into data-heavy forensic audits.
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UERC trims PTCUL’s 220 kV hybrid bay approval to Rs 10.64 crore from Rs 11.05 crore

Feb 04: 8The immediate effect is a lower approved cap now, while leaving the final cost recovery exposure open to later scrutiny.
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Parliamentary Briefs

Feb 04: 8Green Hydrogen Mandate [Rajya Sabha] Details
8Renewable Energy Projects in Odisha [Rajya Sabha] Details
8Solar and wind energy in Rajasthan [Rajya Sabha] Details
8Global partnerships for improvements in renewable energy [Rajya Sabha] Details
8City Accelerator Program under PM Surya Ghar: Muft Bijli Yojana [Rajya Sabha] Details
8Lower energy storage capacity [Rajya Sabha] Details
8PLI Scheme for High Efficiency Solar PV Modules [Rajya Sabha] Details
8PM Surya Ghar: Muft Bijli Yojana [Rajya Sabha] Details
8Promotion of domestic solar manufacturing and identification of high solar potential regions [Rajya Sabha] Details
8Solar park projects in Maharashtra [Rajya Sabha] Details
8UERC trims PTCUL’s 220 kV hybrid bay approval to Rs 10.64 crore from Rs 11.05 crore Details
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Company Updates

Feb 04: Adani Defence and Leonardo sign MoU for AW169M, AW109 TrekkerM helicopter manufacturing ecosystem in India.
8There will be a phased indigenisation and dedicated MRO and pilot training capabilities. Click on Reports for more.
Auditor’s review flags Mumbai International Airport Limited (MIAL) exposure tied to Rs 845.76 crore allegations in Adani Enerprises.
8What is not stated is any quantified adjustment to results for thi. Click on Reports for more.
Adani Enterprises posts Rs 11,985 crore 9M FY26 EBITDA as Navi Mumbai airport starts operations.
8The filing also anchors capital market support through a rights issue raising ?24,930 crore (oversubsc. Click on Reports for more.
Alfa Transformers clears Q3 unaudited results, auditor flags missing debtor-creditor confirmations.
8What is not stated is the quantum of such unmatched balances or whether any reconciliation will foll. Click on Reports for more.
REC denies any merger talks with PFC, says Economic Times report not based on company information.
8REC is drawing a hard line between market merger chatter and what it says is only a poli. Click on Reports for more.
Power Finance Corporation Ltd. (PFC) links “PFC–REC merger” report to Budget 2026 restructuring proposal; board to deliberate.
8PFC limits the stated trigger to the Budget 2026 announcement and reserve. Click on Reports for more.
JSW Energy Limited says it is “evaluating opportunities” in power, but nuclear capex not on the table now.
8It keeps its broader power-sector evaluation open-ended but fences off nuclear investments ex. Click on Reports for more.
Indian Energy Exchange Limited (IEX) flags RTM jump to 4,638 MU as prices fall to Rs 3.72/unit.
8It also reports DAM volume of 6,182 MU (up 2.8% YoY) and a DAM average price of Rs 3.86/unit (down 12.9%. Click on Reports for more.
Bharat Forge investor pact binds BF Utilities to casting carve-out, India business only via JS Auto.
8The annexure specifies that certain BFL-affiliated entities, including BF Utilities, are subject to. Click on Reports for more.
IRCON disputes exchange fine over board committee composition, calls levy “unreasonable” for government company.
8IRCON’s Board has stated that as a government company under Section 2(45), director app. Click on Reports for more.
Indowind Energy lines up Rs 57.80 crore promoter RPT to buy Everon Power shares from Dr. Bala Kutti.
8It is raising a Rs 1,500 crore borrowing limit, up from Rs 1,000 crore. Click on Reports for more.
Epic Energy Limited ties up with REFNIC for Li-ion shredding and 10 MWh/month second-life assembly via SUN LLP.
8REFNIC will be the technical partner for design, engineering, integration, installation. Click on Reports for more.
TANTRANSCO terminates BGR Energy Systems Limited’s Tirupattur–Palavadi substation EPC.
8The transmission entity may recover LDs and differential cost after contract termination. Click on Reports for more.
KPI Green Energy Limited cites GUVNL 445 MW/890 MW BESS LOI and INR1,000–1,100 crore capex range.
8The flags INR676 crore Q3 revenue and 45% YoY growth. Click on Reports for more.
KPI Green Energy Limited secures commissioning certificate for 16.16 MWdc PM-KUSUM solar projects in DGVCL area.
8The company frames the development as part of its IPP segment execution and a contribut. Click on Reports for more.
Solar Industry India’s Rs 21,200-crore order book locks in multi-year visibility .
8A large backlog dominated by defence and CIL/SCCL orders gives Solar a long earnings runway, even if individual segmen. Click on Reports for more.
RMC Switchgears lands Rs 200.86 crore Jaipur Discom LOIs for 11 kV feeder segregation under RDSS.
8They are talking of two turnkey packages: segregation of 11 kV mixed feeders at Dholpur Circle (Rs.116.4). Click on Reports for more.
Triveni Turbine’s Q3 order booking drops 26% to Rs 3.91 billion even as order book hits Rs 19.86 billion.
8The quarter’s booking are divided into domestic Rs 1,823 million (47% share; up 1% y-o-y). Click on Reports for more.
KEC International Limited adds Rs 1,020 crore orders; says YTD order intake - Rs 20,300 Cr.
8The company’s year-to-date order intake stands at ~Rs 20,300 Cr and cites successive large tower supply orde. Click on Reports for more.
Madison Pacific Trust Limited discloses encumbrance over 56.38% of Vedanta Limited shares under US$350 million facility.
8The filing does not state any acquisition of voting-rights shares by the agent. Click on Reports for more.
Vedanta Limited flags ESG score of 60.8, says SES issued rating independently.
8It is not known whether Vedanta has accepted, disputed, or sought any review of the score. Click on Reports for more.

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CERC Updates

Feb 04: 1) CERC resets Southern grid strengthening tariffs after capital cost corrections
8The ruling reinforces CERC’s stance on disciplined cost norms, especially around spares and deferred liabilities.

2) CERC trims reactor asset base, resets northern grid charges for new control period
8The ruling reinforces CERC’s hard line on capital discipline before the new tariff block begins. It also signals continued scrutiny of legacy cost padding in mature interstate assets

3) CERC clears litigation-driven cost surge in Southern grid strengthening asset
8The move reinforces that legal risk in transmission projects ultimately migrates into regulated revenue streams.

4) CERC locks revised tariff path for Wardha fault-control transmission upgrade
8It signals that even non-capacity-augmenting works are subject to full tariff scrutiny as grid complexity rises.

5) CERC resets Powergrid Jharkhand–Bengal transmission tariff across two regulatory cycles
8The decision signals continued emphasis on prudence review over mechanical tariff pass-throughs.

6) CERC resets ERSS-VII tariffs, clears Rs 26 lakh carry-over costs into new cycle
8The regulatory signal is one of continuity - no reopening of old disputes, only structured pass-through of verified residuals

7) CERC resets Northeast grid upgrade tariffs, lowers past charges, sets leaner next cycle
8The broader signal is a regulator intent on compression of transmission carrying costs while preserving equity returns.

8) CERC trims legacy tariff base, stabilises spare asset charges for new control period
8The order signals a continued regulatory preference for cost containment in legacy grid assets rather than expansion-driven recovery. It also reinforces discipline on post-COD capital claims.

9) CERC resets ERSS-XVII tariffs as Powergrid costs move into new control period
8The ruling signals continuity rather than reform - but locks in cost visibility for the next five years.

10) CERC resets NERSS-II tariffs, clears legacy dues and locks five-year cost recovery
8The ruling reinforces regulatory preference for financial closure discipline over fresh capex expansion in mature transmission schemes.

11) CERC resets Western Region transmission costs, merges nine grid assets for new tariff cycle
8The regulator has reaffirmed cost-plus transmission recovery but with sharper reconciliation of contractor liabilities and delayed capitalisation flows.

12) CERC clears petition revision but locks in tight January filing deadlines
8The move underscores a regulatory preference for procedural discipline over timeline extensions in active generation tariff matters. For the generator, the revision opportunity comes with limited room for delay or iterative correction.
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Miscellaneous Update: Part I

Feb 04: 1) Coal Ministry opens door to insurance bonds as mining performance security
8The change affects competitive tariff-linked coal blocks, including projects supplying ultra mega power plants.

2) Coal ministry lifts December index as coking grades outpace thermal benchmarks
8The direction, however, signals that industrial fuel markets are regaining pricing strength faster than the power sector.

3) Khavda Phase-II link goes live, unlocking 4.5 GW renewable evacuation capacity
8At the system level, it signals continued prioritisation of high-capacity RE corridors over conventional expansion.

4) India’s smart metering drive crosses 5.46 crore installs but mega states lag
8The disparity signals emerging pressure points in funding flows, vendor capacity allocation, and state-level reform readiness.

5) G-DAM volumes rise in January as buyer mix flips and C&I selling accelerates
8The pattern suggests portfolio and procurement repositioning rather than a documented operational disruption.

6) Eastern coal fleet captures SCED gains as southern units absorb deeper backing down in December
8The pattern suggests a system shift where eastern coal economics dominated real-time optimisation, pushing southern units down the merit stack.

7) RVPN defends asset carve-out as RTIL seeks separate transmission licence
8The outcome may signal how Rajasthan handles future structural unbundling within its grid infrastructure.

8) RVPN defends transmission demerger, pushes tariff questions to future proceedings
8For DISCOMs and consumers, the financial ripple effects remain undefined at this stage. The Commission now faces a decision on whether to separate structural approval from tariff accountability.

9) Jodhpur Discom corrects billing linkage for November FPPAS recovery
8It also reflects regulatory sensitivity around billing period integrity under the RERC framework.

10) Coal still anchors Rajasthan dispatch as one major NTPC unit shows cost stress
8For Rajasthan SLDC and state utilities, the data signals continued dependence on central coal allocations while gas remains structurally sidelined.

11) Kerala’s state utility posts profit on government support amid mounting regulatory gap
8The tension between political tariff restraint and financial sustainability is becoming more visible.
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Miscellaneous Update: Part II

Feb 04: Fortum targets 8–10 Euro/MWh “optimisation premium” in 2026 as hedges lock 41 Euro/MWh.
8The near-term consequence is that 2026 earnings exposure is framed as less about spot prices and more about the company’s ability to outperform its hedge baseline through optimisation. Click on Details for more.

ASEAN Power Grid shifts from planning to “operational action” as enhanced MoU becomes the 2026 backbone
8It says bilateral cross-border electricity trade remains the practical foundation while subsea interconnections and new power corridors emerge as the next frontier. Click on Details for more.

ICRA keeps Samyama Jyothi Solar at [ICRA]A+ as cash pooling cushions debt despite fires and outages
8The pool collectively operates 76 MWp, with cumulative DSCR stated above 1.4x over the debt tenure and a DSRA of Rs 12.66 crore alongside Rs 42.37 crore unencumbered cash as of December 31, 2025. Click on Details for more.

MNRE locks 50 GW/year bid trajectory through FY28 as global partnerships widen across storage and hydrogen
8The mechanisms including MoUs, LoIs and joint dialogues with partners ranging from Australia and France to IRENA. Click on Details for more.

India pegs 60.63 GW storage need by FY30, with 41.65 GW from BESS

Plain solar loses ground: REIAs pushed toward storage-linked tenders as only 24.3 GW PPAs signed
8Declining costs of solar/wind plus storage and dispatchable RE have reduced demand for “plain solar/wind power,” prompting government sensitisation of agencies toward peak-hour and FDRE tenders. Click on Details for more.

India and Bhutan push commercial optimisation of Punatsangchhu-II 1020 MW output
8India and Bhutan also assessed cross-border transmission links out to 2040 alongside the need to streamline approvals for scheduling of power, particularly during Bhutan’s lean months. Click on Details for more.

Varun Beverages commits up to Rs 1.58 crore for 30% captive solar SPV stake in Haryana
8It is seeking solar power supply for facilities in Nuh, Panipat and future sites. Click on Details for more. Click on Details for more.

CERC cuts Essar–Bachau line tariff start to 2 June 2022, rejecting PGCIL’s earlier COD claim
8What is not accepted is COD approval under Regulation 5(2), since Essar Power Gujarat Limited (EPGL) had already relinquished LTA. Click on Details for more.

Powerica’s Rs 250 crore AA-rated term loan leans on DG cashflows as CPCB IV+ shifts bite
8ICRA frames CPCB-IV driven price hikes as a “key monitorable” and reiterates vendor concentration, with Cummins India Limited-linked DG sets accounting for ~70% of FY2025 operating income. Click on Details for more.

APTEL backs HERC’s “infructuous” call, nixing Nile Condominium’s Rs 45 lakh refund route
8The dispute traces to a sharing-cost demand of Rs.44,66,500 (after adjusting ~Rs.26 lakh earlier paid) and the Association’s deposit of about Rs.45 lakh under protest for shifting supply to Sector 47, with CGRF directing DHBVN to refund and then claim from Haryana Vidyut Prasaran Nigam Ltd. (HVPNL). Click on Details for more.

HVPNL ties Feb training nominations to salary recovery and disciplinary action for non-attendance
8The memo states that if nominated officers/officials fail to attend, “training expenditure shall be recovered from their salary and disciplinary action will be initiated. Click on Details for more.
 
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Daily forward looking import matrices

Feb 04: It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days.
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8LPG
8Ammonia
8Coal & Coke
8All tankers
8Bulk and Dry cargo
Click on Reports for more. Details

Regulatory Updates: Part I

Feb 04: 1) Kerala regulator forces 24×7 supply pledge and auto-compensation regime
8Consumers, especially commercial and institutional users, stand to gain enforceable uptime guarantees for the first time.

2) Kerala regulator trims Infopark costs, rewards loss reduction in FY25 reset
8The outcome signals a regulatory tilt toward efficiency-based incentives rather than blanket cost approvals.

3) TNERC orders TANGEDCO to clear legacy interest dues, blocks instalment relief
8Beyond the immediate financial hit, the ruling reinforces payment discipline expectations in state-backed renewable procurement contracts.

4) TNERC blocks TNPDCL review after APTEL appeal shifts jurisdiction
8The order underscores how procedural missteps can override substantive tariff arguments. It also signals tightening discipline in how regulatory remedies are sequenced.

5) TNERC orders TANGEDCO to pay delayed solar deposit with 12% interest
8The decision signals that regulatory tolerance for payment deferrals is narrowing.

6) Regulator blocks sub-threshold 33 kV supply, reinforces voltage discipline
8The ruling signals that future load projections cannot substitute for present eligibility.

7) JSERC enforces mandatory bank guarantee rule on captive power users
8The decision signals a tightening regulatory stance on captive verification, shifting risk from utilities to industrial generators.

8) Jharkhand regulator locks captive plants into upfront financial security regime
8The ruling shifts captive power from a compliance declaration model toward a pre-emptive risk-secured framework.

9) JSERC clears 40-year Dibang hydro supply deal for DVC
8The regulator’s nod reinforces hydro’s role as both reliability insurance and compliance currency in the evolving RPO framework.

10) JSERC clears Rs 6.9 crore ash handling capex for CFBC compliance
8It also shows regulators prioritising continuity of plant operations where ash logistics threaten shutdown risk.

11) JSERC blocks single-point steel supply, mandates dual metering compliance
8Distribution utilities gain regulatory backing to enforce technical tariff segregation. The order signals a tightening stance on industrial metering discipline statewide.
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Power Committee Updates

Feb 04: 1) West Bengal’s reactive bill collapses - but the pool imbalance doesn’t: Bihar, Kahalgaon and Odisha quietly take over the VAR cashflow
8The pool is becoming a mirror of grid voltage management - and it’s reflecting instability pockets, not average performance.

2) The ER grid’s “quiet instability”: DSM pool stays positive, but the real stress is migrating into inter-regional settlement and dispatch-side make-good mechanisms
8The structural tension is clear: DSM looks “settled”, but scarcity is being priced through ancillary and commitment constructs, creating a two-layer discipline regime-payments move, but reliability signals are bleeding into other accounts.

3) NER’s allocation envelope tightens in Jan: the headline isn’t one plant-it’s the shrinking “total power” canvas and what it does to discipline
8January reads like an allocation stress-test-not because the sheet screams with exceptions, but because the macro ceiling falls and every sub-allocation becomes a potential grievance point.

4) WRPC’s pool flipped from SCUC-dominant surplus to shortfall-driven stress - even as the same winners kept collecting
8And the repeated behavioural issue is the persistence of large negative contributors (multiple VSTPS units, Sipat, NSPCL) - the same names, same direction signature that looks less like noise and more like a structural operating posture.

5) WR’s DSM bill didn’t “improve”-it collapsed: inter-regional stress cooled, and renewables stopped bleeding (for now)
8Operationally, the risk isn’t this week’s lower bill-it’s the volatility signal: the account shows WR can swing from heavy net payable to near-flat in seven days, which usually means the control problem has shifted-not vanished.

6) One flagship block stayed rock-solid-while another faceplanted to 45% availability, forcing the month’s ‘virtual’ balancing to do the heavy lifting in the West’s REA-based ABT
8Net-net, the grid’s meaning for the latest period is uncomfortable: operational stability is being maintained-but the reliability margin is concentrating, and concentration is what breaks first when the next unit trips.

7) Chhattisgarh’s VAR shock flips polarity- and quietly rewrites Western Region’s “discipline map” in a single week
8And the structural tension remains: state-level pay/receive can flip fast, but the persistent payer set (especially Gujarat) suggests deeper VAR management and network/reactive control constraints that weekly settlement alone won’t cure.

8) January’s scheduling story in NRPC: the virtual stack flipped from “support” to “stress”-with TRAS/SCUC turning into a visible corrective hand across flagship NR stations
8The repeated behavioural issue is that the virtual stack keeps appearing as a balancing tool rather than an exception-suggesting structural reliance on optimisation layers where beneficiary discipline should have carried the load.

9) Southern Region’s reactive pool tightens: net receivable jumps-driven by Karnataka + Andhra, while Tamil Nadu flips from payer to major claimant
8This is the kind of weekly pattern that quietly rewires incentives: reactive discipline becomes a tradable edge-until the pool starts signalling “persistent winners” and “repeat offenders” with uncomfortable consistency.

10) From Telangana tailwind to Tamil Nadu windfall: the DSM pool flips its biggest payer/receiver map in one week
8Week-on-week, the Southern Region’s DSM story isn’t “volatility”-it’s a clean redistribution of who is funding discipline and who is cashing it.
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Market Round-up

Feb 04: 1) RTM blows out over DAM as net exports shrink during the morning ramp
8RTM MCP hit Rs 8.51/kWh at Hour 7 (DAM at the same hour: Rs 5.73/kWh) on 2026-02-03.
Inference: All-India net exchange flipped “less export” as RTM spiked (from -2,020 MW at 00:00 to -1,294 MW at 07:00), tightening the system right when demand jumped above 209 GW.
Why it matters: a ~Rs 2.77/kWh RTM–DAM basis at a peak hour is a direct procurement risk for RTM-exposed buyers and a stress-signal for balancing depth.

2) A second price regime hits at 18:00 as export cushion collapses again
8RTM MCP stepped up from Rs 4.37/kWh (17:45) to Rs 8.68/kWh (18:00) on 2026-02-03.
Inference: The jump lines up with net exchange moving sharply toward zero (export shrinking to ~-1.34 GW at 18:00), while frequency softened into 49.95–49.96 Hz by 18:30–18:45.
Why it matters: this is a clean “regime break” signature-buyers relying on late-day RTM cover face sudden cost shocks without an obvious corridor-constraint trigger.

3) “No ATC/(N-1) violations” masks a voltage problem at a solar hub
8The system reliability report shows 0 hours of ATC and (N-1) violations on major corridors for 2026-02-03.
Inference: Yet Bhadla II sat outside the IEGC voltage band for 17.71% of the day, a local stress that corridor indices don’t capture.
Why it matters: market participants can see “congestion-free” dashboards while still paying for voltage management risk that hits dispatch flexibility and renewable evacuation.

4) Ancillary SCUC volumes signal heavy balancing-even before you see the price
8SCUC schedules show SCUC-Up = 41,992 MWh and SCUC-Down = -41,991 MWh for 2026-02-03.
Inference: That “up/down symmetry” screams continuous re-balancing, consistent with the day’s sharp RTM basis events (morning and 18:00 step) rather than a single isolated disturbance.
Why it matters: when balancing energy is this large, RTM becomes the cost-pass-through channel; any liquidity thinning can turn routine balancing into headline volatility.

5) Big thermal outages sit in the background while buyers fight for RTM cover
8On 2026-02-02, multiple 660 MW units are listed under maintenance/forced categories (e.g., Jawaharpur STPP Unit-1 & Unit-2, Chhabra-II TPP Unit-6).
Inference: With large units unavailable entering 2026-02-03, the system has less thermal “shock absorber,” making net-exchange swings and balancing actions more price-visible in RTM.
Why it matters: outage-driven tightness doesn’t need a corridor violation to hurt-costs show up as RTM spikes and a wider intraday basis.

6) Smaller exchanges go dark-price discovery concentrates, volatility risk rises
8PXIL shows RTM MCP = Rs 10.00/kWh on 2026-02-02 with just 190 MWh scheduled; on 2026-02-03, PXIL RTM shows no trades.
Inference: HPX RTM snapshot lists zero bids and zero cleared volume even on 2026-02-03.
Why it matters: thin or absent trading outside the dominant venue reduces “pressure-release valves”-stress concentrates, and RTM spikes become harder to arbitrage away.

7) Rajasthan posts a positive UI day while running heavy thermal + solar-quiet imbalance risk
8In NR’s daily report for 2026-02-03, Rajasthan shows UI = +0.84 MU with generation dominated by thermal (152.02 MU) and sizable solar (43.81 MU).
Inference: A positive UI alongside high internal generation suggests schedule-tracking stress (forecast error or dispatch friction), which can spill into RTM procurement and balancing requirements.
Why it matters: even with zero reported shortage, persistent UI in large states is a cost-leak channel (DSM exposure) and a system-balancing burden.

8) Tamil Nadu shows a large negative UI despite big solar-curtailment or self-backdown signal
8In SR’s 2026-02-03 report, Tamil Nadu records Solar = 43.40 MU and UI = -4.62 MU (net under-drawal versus schedule).
Inference: A negative UI of this size alongside strong solar can indicate either internal congestion/curtailment or deliberate backing down-either way, it reduces “usable” flexibility for the wider system.
Why it matters: when solar-heavy states under-draw, the balancing load shifts elsewhere-raising the odds that RTM becomes the pressure point during ramps.
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Download tenders and newclips

Feb 04:  For reference purposes the website carries here the following tenders:
8Tender for construction of 33 kV (2x5) MVAR capacitor bank at 132 kV sub station Details
8Tender for civil works related to maintenance and repair for roof treatment Details
8Tender for preventive and breakdown maintenance of machine Details
8Tender for procurement of 33kV CBs circuit breakers Details
8Tender for up keeping and routine electrical maintenance of LT ACB rectifier transformer Details
8Tender for complete overhaul of APH A and B sides and other related works Details
8Tender for upkeeping & routine mainetenance and attending minor repair works Details
8Tender for overhauling contract of boiler pressure parts Details
8Tender for replacement of ash slurry pipe lines. Details
8Tender for supply of various consumables & miscellaneous items Details
8Tender for supply of analyzers and spares for SWAS system Details
8Tender for job work of radiography of boiler tube weld joints Details
8Tender for replacement of top hand railing by using FRP/GRP material Details
8Tender for augmentation of existing 3 no 220kV S/C link between 400kV substation Details
8Tender for procurement of idler rollers for conveyor system, wagon tiplers Details
8Tender for procurement of HRC fuses Details
8Tender for establishment of construction of phase-II Details
8Tender for annual overhaulling services for boiler pressure parts valves soot blowers and burners Details
8Tender for procurement of conveyor belt used Details
8Tender for supply of 11kV single pole standalone complete set Details
8Tender for construction and renovation of 33 kV feeder Details
8Tender for carrying out the earthing audit (health assessment) of existing mat and earthing electrode Details
8Tender for preventive maintenance and emergency breakdown works in 333 KMs of EHT lines Details
8Tender for work of replacement of various high energy drain valves, steam / feed water lines Details
8Tender for rate contract for the work of overhaul, lifting & shifting of various sizes of LT motors Details
8Tender for operation and maintenance of electrical systems/electrical installations distribution panel retrofitting work Details
8Tender for repair, maintenance, and installation of plant/ systems/equipments Details
8Tender for work contract for providing assistance in unit operation and HR operation of 2x10 MW Details
8Tender for procurement of various lighting items and LED based flood tights for various power houses Details
8Tender for supply of material, erection, testing & commissioning (including civil works) for construction of 3 no. 33 kV substations Details
8Tender for work of annual contract for cold line cleaning of insulators for 220/132/110kV EHV lines Details
8Tender for preventive maintenance and emergency breakdown works in 346 KMs of EHT lines Details
8Tender for preventive maintenance and emergency breakdown works in 280 KMs of EHT lines Details
8Tender for procurement of various sizes of ERW pipe Details
8Tender for work for the 4000KVA new HT connection Details
8Tender for supply of pulverized fuel piping for coal mill Details
8Tender for procurement of ABT compliant energy meters Details
8Tender for reclamation of used and unserviceable transformer oil Details
8Tender for annual operations for lifting of segregated non segregated solid waste transportation and proper treatment disposal Details
8Tender for annual contract for operation and maintenance of electrical power system Details
8Tender for supply and installation of 1.5 ton 3 star split type air conditioner Details
8Tender for construction of railway track side of switchyard Details
8Tender for procurement of 415V ACDB, 110V DCDB Details
8Tender for procurement of 8400KM of ACSR weasel conductor. Details
8Tender for empanelment of firms for execution of electrical works upto 11 kV HT /LT level Details
8Tender for running, operation and maintenance of sewage treatment plant of capacity 30 KLD in plant Details
8Tender for supply of various type of flap gate actuators Details
 
8Tender for construction of sump pit-cum-pump chamber and other allied works Details
8Tender for supply of apron feeder liners Details
8Tender for supply of FSSS spares Details
8Tender for routine maintenance works cleaning of fuel oil guns and attending of minor repair works Details
8Tender for operation and upkeeping of unit – II boiler Details
8Tender for routine maintenance and break down maintenance of boiler water wall Details
8Tender for supply, erection, testing & commissioning including five years insurance and comprehensive operation and maintenance of total 09 meter height 300 WP capacity solar street high masts Details
8Design, supply, installation, testing, commissioning with (RMS) of cumulative capacities of 234 kW grid connected solar PV plant Details
8Design, supply, installation, testing, commissioning with (RMS) of cumulative capacities of 898 kW grid connected solar PV plant Details
8Design, supply, installation, testing, commissioning with RMS of 69 kW capacities of grid connected solar PV plant Details
8Design, supply, installation, testing, commissioning with RMS of 316 kW capacities of grid connected solar PV plant Details
8Design, supply, installation, testing, commissioning of total 453 kW grid connected solar PV plant Details
8Design, supply, installation, testing, commissioning of total 258 kW grid connected solar PV plant Details
8Design, supply, installation, testing, commissioning of total 196 kW grid connected solar PV plant Details
8Tender for repair and restoration of spur at RD Details
8Tender for work contract for routine, preventive, condition monitoring, shutdown, breakdown maintenance, and other miscellaneous works Details
8Tender for annual maintenance contract for preventive maintenance, defect attending, emergency work and overhauling of electrical equipment/auxiliaries Details
8Tender for work of providing and fixing heat shrinkable type cable joint kits Details
8Tender for supply of 35Nos,20MVA,110kV/11kV three phase transformers Details
8Tender for capital work 110kV substation Details
8Tender for reconductoring existing 11kV with covered conductor feeder Details
8Tender for reconductoring existing 11kV line with covered conductor Details
8Tender for extension of switch house Details
8Tender for manufacture, testing, supply and delivery of vehicle mounted cable fault locating equipments Details
8Design manufacture, testing, supply & delivery of B&S type 70KN (normal and anti-fog), 90KN (anti-fog) & 160 KN (anti-fog) disc insulators Details
8Tender for award of running contract for repair / rewinding of 220V DC motors, 415 V three phase AC squirrel cage motors, 415 V three phase AC slip ring motors Details
8Tender for construction of retaining wall for low lying Details
8Tender for construction of CTR tank and P/F of steel grating for 40/50-20/25 MVA Tr. at 132 kV GSS Details
8Tender for civil work for replacement of Tr.-II and Tr.-III at 220 kV GSS Details
8Tender for levelling, dressing and gravelling of 20/25 MVA transformer bay Details
8Tender for construction of civil foundation for 132 kV bay Details
8Tender for insurance of assets of thermal power stations Details
8Tender for supply of stay set complete Details
8Tender for construction of line for giving electric connection Details
8Tender for biennial maintenance contract of 02 nos. rail in motion weigh bridge Details
8Tender for overhauling work of LP turbine and associated works Details
8Tender for upgradation of performance analysis diagnostics and optimization (PADO) system Details
8Tender for procurement of carb clad coated seat and gate/disc of material handling vale Details
8Tender for complete rewinding of one number FD fan motor Details
8Tender for procurement of 3.5 V cross arm Details
8Tender for carrying out running maintenance works in unit I & II of ESP Details
8Tender for running maintenance of lighting in unit I & II boiler, transformer yard Details
8Tender for fabrication, galvanizing, testing, supply & delivery of different 33 kV, 132 kV substation structure including G.I nuts, bolts and washers Details
8Tender for incresing capacity of 1x10 MVA transformer Details
8Tender for maintenance of HT/LT lines Details
8Tender for work of carting of material, transformer, CTPT unit Details
8Tender for work of strengthening, fabrication and erection of steel structures Details
8Tender for work of replacement of rusted 37 (29+8) towers Details
8Tender for annual rate contract for servicing and overhauling of 11/22/33kV VCB poles Details
8Tender for work of supply, erection testing and commissioning of additional 50MVA, 132/33kV power T/F along with HV, LV bay Details
8Tender for second circuit stringing on 220kV line Details
8Tender for work of providing & fixing of additional jumpers on tension towers of the various lines Details
8Tender for AMC of new battery charger Details
 You can also click on Tenders for more
 
For reference purposes the website carries here the following newsclips:
 
8Union Budget 2026: Strong fiscal signals, fragmented support for India’s energy transition Details
  
8NLC India shares jump 5% after securing renewable power project Details
  
8Rajasthan’s new demand flexibility rules explained: How shifting electricity use could unlock more solar power Details
  
8Power generation company receives an order from solar energy corporation of India Details
  
816th Finance commission report: SPSEs in Himachal, especially power sector, incur losses of Rs 605 crore Details
  
8India's coal imports for power sector: A significant decline Details
  
8BCCL Posts loss on weak revenue Details
  
8Bharat Coking Coal Q3 results: revenue drops 25% YoY; coal India arm slips into losses to Rs 23 crore Details
  
8Kochi airport to run India’s first hydrogen-powered passenger buses Details
  
8TPREL commissions 198 MW group captive wind project Details
  
8Multiple steps taken to reduce green hydrogen cost: MNRE Minister Naik Details
  
8Over 26 Lakh households get rooftop solar under PM Surya Ghar; Rs 14,771 crore aid released Details
  
8Electric 2-wheelers to see 16-18 pc volume growth in FY28 as rare-earth supply eases: Crisil Ratings Details
  
8BHEL bags over Rs 1,000 crore project from Hindalco Industries Details
  
8IEX energy trade volume grows 19 pc to 13,050 MU in January Details
  
8The Hydrogenstream: NTPC green signs MoU with assago industries for green ammonia supply Details
  
8Energy storage funding slips 19% in 2025, but VC bets surge 30% as grid demand grows Details
  
8Industry expects India-US trade deal to boost solar exports Details
  
8India and Bhutan discuss measures to deepen cooperation in power sector Details
  
8India: Power demand climbs up in Jan'26; generation matrix shifts Details
  
8Big private players showing interest in India’s nuclear sector: Jitendra Singh on SHANTI Act Details
  
8India’s renewable energy capacity surges to 2,58,008 MW in 2025, accelerating clean energy transition Details
  
8NLC India renewables wins 600 MW renewable project with large energy storage from SECI Details
  
8Strengthening the textile and handloom sector to power atmanirbhar bharat Details
 
You can also click on Newsclips for more Details

Coal logistics: Results

Feb 03: NTPC locks two Magadh–North Karanpura coal logistics
8Find out who the bidders are Details

Clean technical clearance sets up high-stakes price discovery in Mawkhanu

Feb 03: 8Three EPC players have cleared technical scrutiny in a deceptively complex MeECL transmission tender. Details

Urja Global Limited’s review flags missing evidence for Rs 46.35 crore CWIP; recoverability “not determinable

Feb 03: 8The auditor records management’s explanation that a GST department raid on 20-07-2021 took records, leaving project documents and balance confirmations for loans/advances not available.
Click on Details for more. Details

Contracting news for the day: Part-1

Feb 03: This GSS PMC tender turns consultancy into a capital-intensive, EPC-grade risk play
8Repeated deadline extensions hint at market hesitation without promoter retreat.

UJVN stretches the bid timeline for Sirkari Bhyol Rupsiabagar electro-mechanical EPC package
8A hydro electro-mechanical EPC tender rarely moves quietly.
8UJVN’s repeated bid-date extensions suggest deeper signals about market readiness and execution risk.
8The real story sits in what the timeline flexibility reveals about bidder capability and promoter intent.

UJVN hard-codes technology and performance risk into Tiloth 15 Mw / 37.5 Mwh BESS tariff
8UJVN’s Tiloth BESS tender looks routine at first glance, but its risk geometry is anything but.
8Tariff discovery here quietly rewrites who carries India’s storage learning curve.
8The real contest is not price, but endurance.

Technical scope locks developers into long-term performance
8The tenders extend responsibility well beyond construction.
8Performance risk does not taper after commissioning.
8This reshapes how bidders evaluate module, inverter, and O&M strategies

UJVN’s Khatima BESS tender quietly shifts battery storage risk deeper into the developer balance sheet
8UJVN’s latest battery storage tender looks routine on the surface, but the risk architecture tells a sharper story.
8Tariff-based bidding under BOOT shifts long-term performance exposure in ways many bidders may underestimate.
8The real test will emerge not at bid opening, but years into operation.

Details

Contracting news for the day: Part-2

Feb 03: APTRANSCO grants a calibrated bid deadline extension for the 400/220 kV AIS Sanampudi transmission package
8The date extension suggests bidders are engaging deeply with route constraints, bay interfaces, and energisation sequencing.
8Commercially, APTRANSCO has avoided reopening cost or risk clauses, signalling confidence in its tender design.

OPTCL’s Basudevpur 400/220 kV EPC tender tests market depth after three bid-date extensions
8OPTCL’s flagship Basudevpur EPC package has crossed its third deadline reset without touching scope or risk allocation.
8The extensions quietly shift cost, validity, and execution pressure onto bidders already navigating OEM and ROW constraints.
8What this means for price aggression and future grid tenders is only beginning to surface.

RVPN extends bid deadlines twice on 220 kV NPH–VKIA turnkey transmission package
8A high-capacity 220 kV cable-plus-monopole project rarely gets time relief without giving something up.

UJVN’s Lakhwar hydro EPC tender stretches time, tests balance sheets, and quietly reshapes bidder risk appetite
8UJVN’s Lakhwar electro-mechanical EPC tender looks conventional on paper, but its timeline tells a different story.
8More than twenty bid extensions have transformed time itself into a filtering mechanism.

TNGECL’s Karur 15 MW solar-BESS tender opens financial bids
8A hybrid solar-storage tender in Tamil Nadu has formally crossed the financial bid stage Details

KEC International Limited details bribery-case overhang as “sub judice”; no update, no outcome stated

Feb 03: 8KEC International Limited’s CEO said there is “no particular update” on a “bribery case with Power Grid officials,” describing it as “sub judice” with hearings “not yet started.”
8The CEO says he has “no idea” what Power Grid will do.
Click on Reports for more. Details

Company updates

Feb 03: 8POWERGRID raises FY26 capex guidance to Rs 32,000 crore and capitalization to Rs 22,000 crore in investor deck. Click on Reports for more.
8Partial commissioning flagged: ACME unit cites GEDA certificate for 16 MW at Garambhadi, Sayla. Click on Reports for more.
8Orient Green’s subsidiary signs Rs. 85.05 crore EPC for 9.9 MW wind in Tamil Nadu. Click on Reports for more.
8Ujaas Energy says CMD Shyamsunder Mundra died on Feb 1; promoter status to cease. Click on Reports for more.
8CLN Energy grants 1,60,046 ESOP 2025 options; five-year exercise window stated. Click on Reports for more.
8K.P. Energy reports Q3 FY26 revenue Rs 347.6 crore; order book pegged at 2.18 GW. Click on Reports for more. Details

Dry bottom ash systems tendering: Patience becomes a qualification filter

Feb 03: 8Across large coal-based projects, promoters are increasingly tolerating longer tender cycles to preserve qualification and risk frameworks rather than dilute them. 
8This aligns with tighter post-award governance and lower appetite for claims-heavy EPCs Details

Download tenders and newclips

Feb 03:  For reference purposes the website carries here the following tenders:
8Tender for upkeeping and routine maintenance of air preheater Details
8Tender for operation and upkeeping of unit II boiler Details
8Tender for annual overhauling work of TG set Details
8Tender for procurement of fasteners and studs for auxiliaries Details
8Tender for supply, installation, testing and commissioning of one 8-passenger or above capacity elevator Details
8Tender for procurement of spares for bottom ash hopper and eccentric crusher Details
8Tender for procurement of working and lube oil cooler assembly Details
8Tender for procurement of spares for ESP internals Details
8Tender for procurement of spares of CW pump Details
8Tender for procurement of spares for UF membrane for DM plant Details
8Tender for procurement of different size of knife edge gate valves installed Details
8Tender for work of construction of 1x33kV bay Details
8Tender for supply of pipes & bend Details
8Tender for construction of new retaining wall at coal stockpile Details
8Tender for assistance in jobs of electrical planning section and collection, loading, un-loading and transportation of HT motors Details
8Tender for providing and laying waterproofing treatment of various Details
8Tender for regular civil maintenance works in main plant and other infrastructure Details
8Tender for gas compressors replacement project Details
8Tender for HT & LT line extension, improvement and maintenance works Details
8Tender for Bi -annual rate contract for restoration work of various 132kV & 220kV class transmission lines Details
 
8Tender for HT & LT line extension, improvement and maintenance works Details
 
8Tender for fabrication, supply, erection and commissioning of top base frame structure assembly Details
 
8Tender for supply, erection, and commissioning of 300 NB M.S. seamless pipe Details
 
8Tender for providing take of structure, structural plinth, water supply arrangements Details
 
8Tender for supply, erection, dismantling of deteriorated/corroded 200 NB pipe Details
 
8Tender for HT & LT line extension, improvement and maintenance works Details
 
8Tender for work of fault attending work 15 MVA, 66/11kV transformer Details
 
8Tender for work of replacement of earth wire on 66kV line Details
 
8Tender for supply and works related to implementation of automatic generation control Details
 
8Tender for supply of varios types of valves for 200KHI boiler feed pump Details
 
8Tender for annual maintenance work Details
 
8Tender for procurement of fabricated and cantilever racks Details
 
8Tender for Bi-ARC for the emergency restoration of power of 66kV, 132kV & 220kV transmission line Details
 
8Tender for annual maintenance work Details
 
8Tender for supply of transformer oil at 220kV sub-station Details
 
8Tender for annual maintenance work Details
 
8Tender for supply, retrofitting and commissioning of 6.6kV VCB Details
 
8Tender for renovation of 33/11 kV 2/10 MVA DSS Details
 
8Tender for one-time calibration of SCADA based compressive testing machine Details
 
8Tender for bi-annual Up-keeping of switchyard Details
 
8Tender for fabrication, supply and erection of steel liner Details
 
8Tender for empanelment of electrical contractors Details
 
8Tender for ARC for the work of running, operation and maintenance of sewerage and storm water pumps Details
 
8Tender for erection of substation electrical structures and installation of equipments and other related electrical works Details
 
8Tender for construction of 400 kV D/C transmission line with twin HTLS conductor equivalent Details
 
8Tender for biennial maintenance contract for boiler non pressure part Details
 
8Tender for biennial civil maintenance work Details
 
8Tender for procurement of LED luminaries for different Details
 
8Tender for providing & fixing of chain link fencing Details
 
8Tender for work for replacement of breaker/ CT/ PT/ ISO/ LA/ 11kV panel Details
 
8Tender for supply of electrical actuator for feed control valve Details
 
8Tender for miscellaneous civil works Details
 
8Tender for maintenance of emergency 11 kV lines Details
 
8Tender for work of complete overhauling and routine maintenance / BTF work of boiler Details
 
8Tender for supply, dismantling, installation and commissioning of shaft with hub for 165000 CFM capacity Details
 
8Tender for operation and maintenance power house / power plant Details
 
8Tender for bi annual maintenance contract (Bi-AMC) for work of refilling & providing new spares Details
 
8Tender for work of providing and fixing of high voltage busbar insulation tape & heat shrinkable busbar insulation tubing Details
 
8Tender for annual transportation of 10M/270KG PSC poles Details
 8Tender for supply of nut bolt for rectification work in 765kV D/C transmission line Details
  
8Tender for survey, installation, testing and commissioning of 11kV line Details
  
8Tender for maintenance contract for 400/220/132 kV EHV lines ground Details
  
8Tender for maintenance contract for 400/220/132 kV EHV lines Details
  
8Tender for balance works for upgradation of control room renovation of cable trench slab Details
  
8Tender for maintenance contract for 400/220/132 kV EHV lines ground/routine/tripping/break down/top/night patrolling and maintenance Details
  
8Tender for maintenance contract for 400/220/132 kV EHV lines Details
  
8Tender for procurement of LP turbine Details
  
8Tender for line work of HT/LT line Details
  
8Tender for manufacture, testing, supply & delivery of 750 MT hot dip galvanised GI nuts bolts, step bolts and EG spring washers Details
  
8Tender for work of second circuit stringing along with end bays Details
  
8Tender for electrical works Details
  
8Tender for rate contract (RC) for the procurement of AIO PCs Details
  
8Tender for work of chemical washing of insulator strings Details
  
8Tender for work of overhauling of various make OLTC’s diverter switch (220/132/110 kV class) of ICT’s & T/F's at various Details
  
8Tender for supply of hardware for LT shackle insulators Details
  
8Tender for rate contract for repair of 33 kV and 11 kV CT-PT sets Details
  
8Tender for day to day repair of roofs and floors against leakages, pressure grouting for arresting Details
  
8Tender for annual maintenance contract for DCS system Details
  
8Tender for day to day repair and maintenance of steel structural works Details
  
8Tender for annual contract of hydro water jet cleaning of turbine condenser Details
  
8Tender for annual maintenance contract for servicing or overhauling of LT air circuit breaker Details
  
8Tender for non-comprehensive annual maintenance contract for symphony melody and symphony plus series DCS systems Details
  
8Tender for supply of material, erection, testing & commissioning (including civil works) of 33/11 kV indoor AIS substation Details
  
8Tender for annual maintenance contract of ash dyke Details
  
8Tender for LT reconductoring under exchange transformer Details
  
8Tender for supply of poles A type GI 11m and 12 m Details
  
8Tender for carrying out dyuthi 2.0 HT works Details
  
8Tender for annual contract for operation and maintenance of on line coal sampler Details
  
8Tender for overhauling of different LT motors Details
  
8Tender for renovation of control room along with fencing and other allied civil maintenance works Details
  
8Tender for renovation of control room switchyard Details
  
8Tender for supply, installation, testing and commissioning of 220V 300Ah plante type lead acid flooded stationary battery bank Details
  
8Tender for procurement of 10MVA, 66/33 kV and 66/11 kV power transformer Details
  
8Tender for procurement of 33kV isolators. Details
  
8Tender for procurement of 400 kV and 220 kV pantograph isolators. Details
  
8Tender for supply of various type material of 33/11 kV substation Details
  
8Tender for supply of various type material Details
  
8Tender for supply of various type material of 33/11 kV substation Details
  
8Tender for meter reading, bill preparation, bill distribution Details
  
8Tender for meter reading, bill preparation, bill distribution, and supervision of the work Details
  
8Tender for construction of 11 kV line for providing Details
  
8Tender for meter reading, bill preparation, bill distribution Details
  
8Tender for meter reading, bill preparation, bill distribution, and supervision of the work Details
  
8Tender for meter reading, bill preparation, bill distribution Details
  
8Tender for replacement of 11 kV ACSR to AAAC Details
  
8Tender for work for second circuit stringing on existing 132 kV SCDC line Details
  
8Tender for procurement of numerical protection relay retrofitting kit Details
  
8Tender for supply of vibrating screen assembly with motor for primary crusher Details
  
8Tender for replacement of various high energy drain valves, steam/feed water lines Details
  
8Design, supply, installation, testing, commissioning including dismantling, replacement of control and relay panel for 66kV line feeder & transformer feeder Details
 
You can also click on Tenders for more
 
For reference purposes the website carries here the following newsclips:
 
8Record renewables, weak links: India’s twin last-mile problem Details
 
8India’s energy balancing act Details
 
8India auctions 136 coal blocks since 2020 under Niti Aayog guidelines, boosting revenue and jobs Details
 
8Budget 2026: Coal freight, AC 3-tier may throw Rlys' FY26 revenue off track Details
 
8Thermal anchors grid reliability as renewables drive power capacity in FY2027: India Ratings Details
 
8Power Grid's india energy transition role amplified Details
 
8Budget 2026 Reactions: Views of clean energy industry stakeholders Details
 
8South Korea’s GS E&C enters India’s renewable energy market with 12.75 MWp open-access solar project Details
 
8Solar power allocation up 32% at Rs 30,539 crore Details
 
8GK Energy announces strategic expansion into retail solar rooftop systems sector Details
 
8Industry expects India-US trade deal to boost solar exports Details
 
8Waaree, Suzlon, Adani Green and 5 other green energy stocks jump by up to 14% today; Here’s why Details
 
8Cautious Monday: Nifty ends above 25,000, Sensex jumps 940 points – here are key highlights Details
 
8Coal India leadership changes reflect sector shift Details
 
8Orient Green power unit secures Rs 85.05 crore EPC contract for 9.9 MW wind project in Tamil Nadu Details
 
8200 units of free power for 2.23 lakh J&K families: J&K LG Sinha greenlights NC’s big poll promise Details
 
8India’s solar sector welcomes Budget measures to support local PV manufacturing Details
 
8Tata Power Renewable Energy commissions 198 MW wind project in TN Details
 
8Driving Change: Draft NEP 2026 proposes the next phase of sector reforms Details
 
8Budget 2026-27: Govt to restructure PFC, REC as part of NBFC reform push Details
 
8Easing Compliance: MoP releases draft Electricity (Amendment) rules, 2026 for captive power projects Details
 
8Balancing the Grid: CEA roadmap for scaling up pumped storage Details
 
8India Installs over 5.28 crore smart meters under RDSS to boost power sector efficiency Details
 
8Coal India production, offtake fall as power sector demand weakens Details
 
8Structural Shift: Key trends and new discom strategies to improve costs and efficiency Details
 You can also click on Newsclips for more Details

Miscellaneous Update: Part II

Feb 03: Contents 8HPX sets Rs 9,000/MWh ceiling for Tamil Nadu Genco-Discom’s 400 MW April reverse auction. Click on Details for more.

8HPX sets Rs. 6,200/MWh ceiling for Tamil Nadu Genco-Discom’s 200 MW April overnight reverse auction. Click on Details for more.

8PXIL opens 400 MW Tamil Nadu discom reverse auction for April evening supply, minimum bid 20 MW. Click on Details for more.

8TANGEDCO seeks 200 MW April night power on PXIL; bids open till Feb 4, 11:00 am. Click on Details for more.

8Acme Solar doubles BESS target to 2 GWh by Q4FY26 to chase peak–off-peak arbitrage. Click on Details for more.

8PL keeps BUY on NTPC with Rs.423 target as Q3FY26 adjusted PAT rises ~1% YoY. Click on Details for more.

8Tripura extends deadline for TPGL Director (Technical) appointment applications. Click on Details for more.

8Defence revenue share at Solar Industries rises to ~22% in H1FY26; ICRA reaffirms A1+ and doubles CP limit. Click on Details for more.
Details

CSE Deccan Solar has a flags 12-year lock-in vs 19.75-year debt tail

Feb 03: 8How will the company handle it?
Click on Details for more.
Details

ReNew Wind Energy (TN2) PLF slip to 21.2% in H1FY26 despite NTPC-backed Rs.4.66–4.80 tariffs

Feb 03: 8PLF is declining to 22.6% in FY25 (24.1% FY24) and 21.2% in H1FY26 (22.2% H1FY25), with FY26 generation expected to remain subdued around ~22%. 
8There is no signal yet of any operational remediation beyond expectation of a return to long-term trends from FY27 onwards. The project’s revenue is entirely locked under 25-year PPAs with NTPC Limited (NTPC)
Click on Details for more.
Details

Solar’s trillion-dollar surge exposes widening divide between capital-rich and capital-poor regions

Feb 03: 8Battery deployment is rising alongside solar, supporting energy shifting and peak management. Solar-plus-storage is moving from pilot phase to mainstream procurement model. Markets are beginning to price firm renewable power.
Click on Details for more
Details

Coal demand from thermal plants crosses 1-billion-tonne mark after post-pandemic surge

Feb 03: 8After two consecutive years of decline, utility coal offtake surged. The data signals that grid-connected utilities, not industrial captive users, are now driving incremental coal logistics pressure. This expansion locks the power system into sustained high coal throughput. The trend also hints at tightening rail and mining infrastructure stress as dispatch volumes approach structural limits.
Click on Details for more
Details

Solar surge masks structural churn in India’s under-construction renewable pipeline

Feb 03: 8The shift toward solar-heavy additions increases future daytime oversupply risk and deepens the system’s need for storage and flexible balancing resources.
8Regulators and grid planners may soon face rising curtailment management and scheduling complexity as this solar-heavy capacity begins commissioning.
Click on Details for more
Details

India’s winter demand surge pushes coal fleet back to high utilisation while renewables continue expanding

Feb 03: 8Thermal generation absorbed most of this increase, with all-India coal PLF rising sharply from 59.01% to 66.17%, signalling a strong return of baseload dispatch. Peak demand climbed by nearly 17 GW month-on-month, yet the system maintained virtually zero peak shortage, reflecting improved reserve margins and grid coordination.
Click on Details for more
Details

EV charging demand dips at public stations while private and depot charging accelerates across India

Feb 03: 8The data signals a structural transition in India’s EV power demand geography rather than a slowdown in electrification
Click on Details for more
Details

Regulatory Updates: Part I

Feb 03: 8Kerala regulator sets February hearing for FY25 tariff proceedings Click on Details for more

8GERC cracks grid-access deadlock, orders DGVCL to sign MSME solar pact in 3 days Click on Details for more

8TNERC hearing slate signals compliance crackdown across Tamil Nadu power ecosystem Click on Details for more

8CERC monetises stranded Essar link as RE backbone, clears delayed tariff recovery Click on Details for more

8Tariff lands 21% below regulatory cost benchmark: CERC locks in sub-norm tariff for Mandsaur renewable evacuation grid link Click on Details for more Details

Regulatory Upadate: Part II

Feb 03: 81) Delhi regulator cuts Tata Power Delhi Distribution’s PPAC ask, allows 7.24% till 30 April 2026 Click on Details for more
 
82) BSHPCL true-up hearing turns on a late capex question Click on Details for more
 
83) Kajra 185 MW solar with 282 MWh BESS tariff case risks ex-parte track as discoms stay absent Click on Details for more
 
84) Bihar ERC advances SLDC capex approval case after notice; no public objections received Click on Details for more
 
85) Uttarakhand regulator opens clock for ToD solar vs non-solar hours concept Click on Details for more
 
86) West Bengal regulator extends tariff regulations consultation deadline Click on Details for more
 
87) MERC’s MSEDCL tariff review hearing draws 180+ objectors, speaker list locked by 27 Dec 2025 Click on Details for more
 
88) APERC opens APTRANSCO FY25 resource-plan performance works to objections before 13 Feb 2026 Click on Details for more
 
89) DISCOMs must adjust LT consumers’ leading reactive energy charges after APERC blames capacitor-driven kVARh spike Click on Details for more Details

Miscellaneous Update: Part I

Feb 03: 8Powergrid lifts FY26 capex plan as storage and global expansion accelerate Click on Details for more

8Powergrid moves to withdraw government nominee director after MoP disinvestment directive Click on Details for more

8Coal ministry expands contract hiring to strengthen mine monitoring and legal oversight. This strengthens oversight during a period of accelerated mine operationalization. States and central ministries will see closer engagement Click on Details for more

8India’s coal block allocation map widens as auctions extend into new year. Allocation of blocks has steadily shifted from captive power and industrial end-use toward commercial sale-of-coal mining Click on Details for more

8SCED redispatch widens national pool deficit as northern coal units surge and southern fleet backs down in December Click on Details for more

8India’s solar park engine shifts from construction mode to commissioning surge in Q4 2025 Click on Details for more

8Concentrated Solar Power (CSP) growth has stalled after early expansion Click on Details for more

8BESCOM activates consecutive FPPCA revisions, tightening monthly consumer cost alignment Click on Details for more

8CESC tightens field accountability with grievance, inspection and service enforcement push Click on Details for more

8APSPDCL: FPPCA cap blunts full cost pass-through as APPC rises across November–December 2025 Click on Details for more

8Koradi transmission unit publishes apprentice merit list, begins verification window Click on Details for more Details

Power Committee Updates

Feb 03: 8WR transmission is getting costlier - but the real story is the RTDA “discipline cliff” in Madhya Pradesh and DNHDDPDCL Click on Details for more

8TPTCL’s transmission-deviation bill is small in the eastern region-but the pattern screams “discipline by default, then a single relapse,” with Deemed-GNA assumptions quietly doing the heavy lifting Click on Details for more

8Bihar’s transmission bill jumps hard as Eastern Region cost-weight shifts-Odisha follows, while West Bengal quietly de-risks Click on Details for more

8January’s DC shock in the East: JIPL steps up hard, MPL flips from “middling” to “must-run”-but the schedule gap widens where it matters Click on Details for more

8Jan 2026 opens with a billing-heavy grid in the East: transmission cost allocation tightens even as waivers swing wildly across the same system that’s still rewriting its demand shape Click on Details for more

8NER’s transmission bill steps up again - and the real tell is not Assam’s dominance, but Manipur’s sudden leap and the HVDC waiver shock Click on Details for more

8From audit fatigue to protection Failure: NER’s grid governance stress-test deepens Click on Details for more

8Southern Grid Under Stress: When RE variability, transmission delays, and discipline slippage collide Click on Details for more

8January’s “availability rebound” is real in the South - but it’s turning the market into Telangana’s pressure-release valve Click on Details for more Details

Market Round-up

Feb 03: 1) Tiny real-time volume hits price ceiling, exposing liquidity gaps
8On 2026-02-02, one RTM window cleared just 190.00 MWh but printed Rs 10.00/kWh MCP.
Inference: A thin order book can “gap” to the ceiling even when the broader RTM market clears far lower (Rs 3.58/kWh), making price discovery fragile.
Why it matters: Liquid price spikes distort balancing benchmarks and can inflate procurement costs for discoms relying on RTM for last-minute corrections.

2) Evening frequency peak crosses 50.17 Hz as excursions stack up
8On 2026-02-02, instantaneous frequency hit 50.174 Hz; the day logged 134 excursions above 50.03 Hz.
Inference: The excursion count alongside a 49.990 Hz average suggests repeated short control actions rather than one prolonged imbalance.
Why it matters: Persistent frequency excursions increase control stress, raise reserve deployment needs, and signal tighter balancing margins than headline averages imply.

3) System leans hard on downward balancing: 53.77 GWh absorbed in reserves
8On 2026-02-02, SRAS+TRAS Down totalled 53.77 GWh, dominated by downward TRAS dispatch.
Inference: Sustained down-dispatch points to prolonged surplus absorption or constraint-driven backing down, not a short mid-day correction.
Why it matters: Heavy downward balancing suppresses generator realisations and may mask congestion or scheduling stress that can later reappear as price volatility.

4) South shows “zero shortage” - but one state carries a deep forecast miss
8On 2026-02-02, the region reported zero shortage, yet one state logged a double-digit negative day-energy forecast deviation.
Inference: The mismatch suggests balancing via deviations and imports rather than accurate scheduling.
Why it matters: Hidden forecast gaps shift costs into deviation settlements and imports, undermining the credibility of “no-shortage” comfort signals.

5) Grid “continuous outages” aren’t short - over 70 elements out for a year
8The outage sheet lists 70+ transmission elements with outage start dates more than a year old.
Inference: This reflects embedded derating or project delays rather than routine maintenance cycling.
Why it matters: Long-duration outages reduce contingency headroom and make the grid structurally more vulnerable to cascading risks during peak stress.

6) Day-ahead price whipsaws: MCP jumps 19% as buy interest surges
8DAM MCP rose from Rs 2.67/kWh to Rs 3.18/kWh in one day (+19%), alongside a sharp rise in purchase bids.
Inference: Higher buy appetite with a higher clearing price suggests tighter flexible supply or reduced marginal availability.
Why it matters: Rising DAM prices directly raise discom procurement costs and increase hedge value for generators with flexible capacity.

7) Real-time price premium widens: RTM jumps 26% in a single day
8RTM MCP climbed from Rs 2.84/kWh to Rs 3.58/kWh day-on-day (+26%).
Inference: Stable traded volumes with a sharp price rise point to stress in marginal flexibility rather than aggregate demand growth.
Why it matters: Costlier RTM corrections penalise forecast errors and increase balancing risk for discoms and open-access buyers.

8) Reactive power workarounds persist as key 400 kV lines remain open
8Multiple 400 kV transmission lines remain deliberately open for months to manage voltage.
Inference: This indicates structural reactive power or voltage control limitations, not short-term operational adjustments.
Why it matters: Prolonged topology-based voltage control reduces transfer flexibility and weakens resilience during high-stress grid events.
Click on Details for more
Details

Daily forward looking import matrices

Feb 03: It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days.
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8LPG
8Ammonia
8Coal & Coke
8All tankers
8Bulk and Dry cargo
Click on Reports for more. Details

REC tightens transmission risk screws in Ryapte 2000 MW solar park evacuation tender

Feb 02: 8REC’s Ryapte evacuation tender looks routine only at first glance.
8Beneath the tariff-based bidding lies a tightly wound structure that concentrates execution, financial, and integration risk on a single entity.
8The qualified bidder list shows who is willing to shoulder that burden — and who is not. Details

TNPDCL’s 20,000 km AAAC rabbit conductor tender draws 30 qualified bidders, sharpening focus on price discipline

Feb 02: 8A single conductor size has attracted thirty technically qualified suppliers in TNPDCL’s latest procurement.
8With no attrition at the technical stage, the entire contest shifts to the price envelope.
8The result will signal whether competition enforces efficiency or erodes margins. Details

Owner draws a hard compliance line at technical opening for its 33 MW rooftop solar programme

Feb 02: 8This rooftop solar tender looks routine until the bid-opening sheet is read closely.
8One bidder was eliminated before technical scoring even began, not on technology but on financial discipline.
8That single exclusion reveals how Rajasthan’s rooftop solar procurement is quietly being reshaped.
Details

Synergy quietly deepens its bet on GMR Power through preferential allotment

Feb 02: 8A fresh equity infusion lifts Synergy’s stake in GMR Power and Urban Infra beyond 12%, underscoring a preference for negotiated capital over open-market buying. The move strengthens the balance sheet, but comes with clear dilution for existing shareholders.
Click on Details for more.
Details

Company updates

Feb 02: 8Adani Green files “further update” on SEC civil case in EDNY; stresses company not a party, contest jurisdiction. Click on Reports for more.
8Alfa Transformers approves Q3 unaudited financials. Click on Reports for more.
8Jindal Steel’s 31 January earnings-call recording goes live online. Click on Reports for more.
8PFC loses executive director Raj Kumar Malhotra to superannuation. Click on Reports for more.
8POWERGRID exits PTC board seat; gives up promoter rights. Click on Reports for more.
8Adani Power puts January 2026 investor decks online, in INR and US. Click on Reports for more.
8NHPC swaps an ED: Rajat Gupta exits Jan 31; Anish Gouraha in Feb 1. Click on Reports for more.
8Solarium’s Rs 50 crore HDFC term loan tagged CARE BBB-; stable with repayments starting January 2026. Click on Reports for more.
8KP Green Engineering claims manufacturing milestone but keeps contract specifics undisclosed. Click on Reports for more.
8Reliance Infrastructure board filing pairs earnings with ED attachment and SEBI/SFIO actions disclosure. Click on Reports for more.
8Hyderabad Jabilli buys 3,30,90,668 GMR Power warrants in preferential allotment. Click on Reports for more.
8Sterling and Wilson receives full Rs 143.12 crore indemnity payment from Shapoorji Pallonji. Click on Reports for more.
8High Energy Batteries flags board actions. Click on Reports for more.
8Jindal Steel synchronises 1,050 MW power plant revival, Angul expansion stays on track. Click on Reports for more.
8Adani Green Energy pitches Khavda 30 GW renewable park scale, 7.7 GW already operational. Click on Reports for more.
8Adani Renewable Energy Holding Eleven incorporates Windrix Energy as 100% step-down subsidiary. Click on Reports for more.
8Resurgent-led Tata Power JV delivers Mainpuri transmission corridors after stressed-asset acquisition. Click on Reports for more.
8Adani Ports breaches sovereign ceiling with JCR A- rating: Reinforcing its funding access and balance sheet positioning, while leaving future issuance or leverage decisions unaddressed here; group cre. Click on Reports for more.
8JCR initiates Adani ratings with stable outlook; APSEZ flagged as above-sovereign: APSEZ 1.8x net debt/EBITDA and Rs 19,025 Cr FY25 EBITDA cited. Click on Reports for more.
8NHPC Limited declares Subansiri Lower Unit 3 (250 MW) commercial from 01 Feb 2026 midnight. Click on Reports for more.
8Ministry memo backs management control shift at PTC India toward NTPC, subject to AoA amendments. Click on Reports for more.
8NTPC uploads analyst call audio link after Q3 results discussion. Click on Reports for more.
8ACME Solar signs 25-year NHPC PPA for 250 MW FDRE project; capex pegged at Rs 3,700 crore. Click on Reports for more.
8ACME Solar’s Q3 FY26 call audio uploaded. Click on Reports for more.
8Reliance Power Limited (RPOWER) faces subsidiary going-concern stress as Rs 42,398 lakh impairment remains unassessed as it disputes Rs 1,66,252 lakh guarantee demand as SMPL arbitration continues. Click on Reports for more.
8Indowind Energy lines up up to USD 70 million overseas raise as 9M EBITDA rises 29.4% seeks shareholder nod to raise borrowing powers to Rs1,500 crore. Click on Reports for more.
8Reliance Power files security cover certificate for Rs 250 crore NCDs; auditor confirms asset coverage statement. Click on Reports for more.
8IEX directs investors to Q3 FY26 earnings call recording hosted on its website. Click on Reports for more.
8Amravati plant runs at 79% PLF, but RattanIndia Power’s change-in-law payments remain pending as it swings to Rs 52.76 crore Q3 profit while EBITDA rises 60% QoQ. Click on Reports for more.
8G.G. Tronics ties Rs 433 crore KAVACH order to 11-year AMC priced at 3% per annum from year five. Click on Reports for more.
8Power Mech Projects Limited parked Rs. 142.92 crore QIP balance in deposits as washery spends lag. Click on Reports for more.
8K.P. Energy Limited’s 99 MW Bhuj LOA ties execution to NTPC Phase-II technical specifications. Click on Reports for more.
8CLN Energy discloses subsidiary CLNGreen; 51% stake. Click on Reports for more.
8RRIL promoter’s pledge tied to 2.5x security cover on NCD principal. Click on Reports for more.
8Solar Industries wins INR 830 crore defence export orders, deliveries spread over 4 years. Click on Reports for more.
8KEC International Limited lifts order book & L1 to over Rs. 41,000 crore; largest Rs. 1,050 crore T&D order cited. Click on Reports for more.
8Company official in custody: KEC International Limited flags chargesheet and court cognizance; impact “not determinable. Click on Reports for more.
8Orient Electric: BEE fan norms trigger destocking pain before benefits arrive. Click on Reports for more.
Details

Contracting news for the day: Part-1

Feb 02: This 765–400–220 kV upgrade quietly raises the bar for ICT-centric EPC execution
8The new tender looks routine on the surface but hides several structural signals.
8The way value, risk and accountability are packaged reshapes who can realistically bid.
8The real story only emerges once you read beyond the portal listing.

KPTCL folds GIS ambition and underground risk into a single high-stakes urban substation package
8KPTCL has quietly raised the bar on who can play in Bengaluru’s next wave of substation expansion.
8A single tender now stitches together GIS precision, underground cable risk, and a Rs 1.9123 crore entry ticket.
8The real story lies in what this structure signals about KPTCL’s future contracting philosophy.

Solar project uses the DPR tender to quietly hard-code risk discipline before EPC entry
8This tender looks routine, but its structure reveals a deeper shift in how solar project risk is being redistributed.
8By tightening accountability at the DPR stage, the promoter is reshaping who gets to define cost and performance truth.
8The implications will surface only when EPC bids hit the table.

60 MW / 150 MWh hydro-linked BESS portfolio rolled out under BOOT model across Uttarakhand
8This storage tender quietly reshapes how hydro assets are expected to perform in a flexible grid.
8The BOOT structure transfers more than just construction risk to developers.
8What it signals for future state-led BESS pricing is not immediately obvious.

TANTRANSCO raises the bar on KKNPP evacuation with a high-EMD, turn-key 400 kV line tender
8A 24 km transmission link tied to India’s most sensitive nuclear asset is being tendered with unusually sharp financial filters.
8TANTRANSCO’s structuring choices quietly reshape who can realistically bid.
8The implications for competition and risk allocation go far beyond a routine line package. Details

Contracting news for the day: Part-2

Feb 02: Five deadline extensions reshape bidder strategy in KSEB’s dhyuthi 2.0 Idukki turnkey distribution tender
8Five deadline extensions are rarely accidental in a turnkey distribution tender.
8They often signal more about bidder risk perception than about paperwork delays.
8In Idukki, KSEB’s patience may be the real story.

NTPC Green Energy extends bid timelines twice for floating solar-BESS EPC package
8NTPC Green Energy has again recalibrated the clock on its ABVTPS floating solar-plus-BESS EPC tender.
8The back-to-back extensions hint at deeper market calibration rather than routine administrative drift.
8What this signals about bidder readiness and hybrid EPC risk appetite is where the real story begins.

UJVN stretches the bid clock on Rs 158 crore Sirkari Bhyol Rupsiabagar hydro EPC without easing entry barriers
8A year-long bid extension is never just about dates.
8In UJVN’s flagship hydro EPC, time itself has become a filter and a pricing lever.
8What looks procedural may ultimately decide who can afford to compete.

DVC’s Rs 139 crore 132 kV reconductoring tender quietly raises the bar on capital strength and execution risk
8A routine reconductoring tender, on paper, masks a sharp recalibration of entry barriers.
8The numbers tell a story of consolidation, not just capacity upgrade.
8The real signal lies in who can afford to bid, not who wants to.

MSETCL’s Sakoli 400/220/132 kV AIS tender front-loads risk screening under TBCB
8MSETCL is no longer waiting for the RFP stage to discover execution risk.
8The Sakoli AIS tender quietly shifts the real contest to the pre-bid phase, where balance sheets and technical credibility matter more than price bravado.
8Who gets filtered out here may never reach the tariff table. Details

Contracting news for the day: Part-3

Feb 02: A rooftop solar tender in Leh quietly shifts residential solar into a BOT-driven risk regime
8A residential rooftop solar tender in Ladakh is being structured more like a utility concession than a subsidy scheme.
8A Rs 2.80 crore EMD and a five-year BOT obligation are doing the heavy lifting.
8The real story lies in how much risk the market is willing to absorb for a foothold in Leh.

SECI extends bid timeline for 700 MW Radha Nesda solar PV BOS tender without altering risk or financial thresholds
8SECI has quietly pushed out the bid deadline on one of its largest BOS solar tenders in Gujarat.
8The extension changes timing but leaves the Rs 33 crore entry barrier untouched.
8For EPCs, the signal is less about relief and more about endurance.

REC extends Musalgaon and Jalna transmission bid deadlines, prioritising auction depth over calendar certainty
8Two high-voltage Maharashtra transmission projects quietly receive deadline extensions within days of each other.
8The clauses changed are procedural, but the signal to bidders is strategic.
8What this does to tariff aggression becomes visible only at reverse auction.

RECPDCL pushes bid deadline for Shongtong–Tidong ISTS project, recalibrating auction timing without touching risk or tariff structure
8A late-stage amendment quietly resets the clock on one of the most complex hydro evacuation corridors under tariff-based bidding.
8The scope, securities, and risk transfer remain untouched, but the timeline tells a subtler story about bidder readiness and auction dynamics.
8The real signal lies not in what changed, but in what was deliberately left intact.

Thirty-four extensions later, the holds the line on risk in this green hydrogen transmission bid
8After thirty-four deadline extensions, the company has shifted the clock again on one of India’s most ambitious green hydrogen transmission projects.
8The scope remains untouched, the securities remain locked, and the schedule remains unforgiving.
8What this says about bidder appetite, tariff realism, and future hydrogen corridors is where the real story begins. Details

Miscellaneous Update: Part II

Feb 02: 8Jodhpur Vidyut Vitran Nigam Ltd: Why does it get such a lousy rating? give me paywall story. Click on Details for more.

8GMR Gujarat Solar Power: Module degradation and dramatic fall in tariffs comes back to bite. Click on Details for more.

8Rs 20,000 crore CCUS scheme and duty exemptions frame thermal power as “ESG-positioned”. Click on Details for more.

8REC top management change. Click on Details for more.

8Advanced Chemistry Cell Production Linked Incentive (ACC PLI) dramatically misses 50 GWh target as two-year “gestation period” for commissioning facilities is viewed as unrealistic ; zero payouts by October 2025. Click on Details for more.

8Power sector gets Rs 1000 crore BESS VGF + higher RDSS outlay + nuclear duty exemption till Sept 2035. Click on Details for more.

8BIS clears Ola 5.2 kWh residential storage unit after Jan 15 certification for 9.1 kWh. Click on Details for more.

8Anyday SSC-R auction 500 MW April 00:00–08:00 keeps extending if late L1 appears. Click on Details for more.

8DVC seeks 400 MW March evening supply via Anyday SSC-R, 5 MW minimum seller quote. Click on Details for more.

8NLDC sets all-India ISTS transmission loss at 4.26% for Feb 2–8 2026. Click on Details for more.

8TSECL waives contractor test-report submission for internal wiring up to 150 kW, deposits as per load. Click on Details for more.

8Rajasthan Urja Vikas PXIL auction for 500 MW April evening supply, bids close 2 Feb. Click on Details for more.

8HESCOM links Rs 74.54 crore power purchase cost drop to January consumer tariff adjustment. Click on Details for more.
 
Details

Download tenders and newclips

Feb 02:  For reference purposes the website carries here the following tenders:
 
8Tender for operation and maintenance works of substation Details
 
8Tender for attending sheath damage of 132 kV IC x 630 sqmm aluminum conductor XLPE cable Details
 
8Tender for work of revetment at tower Details
 
8Tender for construction of 01 No. 132 kV bay at 132 kV S/S Details
 
8Tender for construction 01 No. 400/220kV 500MVA ICT GIS bay at 400kV GIS substation Details
 
8Tender for special repair works Details
 
8Tender for installation of addl. 100 KVA DTR Details
 
8Tender for award of contract for up gradation of existing 33/11 kV outdoor substation having PTRs Details
 
8Tender for empanelment of contractors to award a contract for survey, installation, testing and commissioning of 33kV line Details
 
8Tender for empanelment of contractors to award a contract for 33 kV line Details
 
8Tender for empanelment of erection contractors to award a contract for survey, installation, testing and commissioning of 11 kV line, 11/0.433 kV distribution transformer and LT line Details
 
8Tender for empanelment of erection contractors to award a contract for survey, installation, testing and commissioning of 11 kV line, ,11/0.433 kV distribution transformer Details
 
8Tender for balance works for upgradation of control room Details
 
8Tender for biennial work contract for round the clock routine / preventive / breakdown / emergency minor mechanical maintenance of various auxiliaries Details
 
8Tender for work contract for assistance in construction store related Details
 
8Tender for ARC for Mtc. of ash dyke A including manual channelization of ash slurry Details
 
8Tender for carrying out dosing of hydrogen nitrogen gas round the clock in 600 MW unit Details
 
8Tender for carry out running maintenance contract for HT/LT motors Details
 
8Tender for routine maintenance works on unit I II turbine auxiliary motors Details
 
8Tender for supply of LT shackle insulators Details
 
8Tender for supply of 33/11 kV 5.0 MVA power transformers Details
 
8Tender for manual unloading of indigenous coal from railway wagons and loading Details
 
8Tender for repairing of conv 1B motor of 220Kw Details
 
8Tender for ARC for hygienic cleaning of main plant Details
 
8Tender for construction of rain water harvesting system at 132kV substation Details
 
8Tender for leftover civil works Details
 
8Tender for fabrication and supply of hydraulic hoses of pedestal cranes Details
 
8Tender for servicing and maintenance of N2 suppression system installed Details
 
8Tender for operation of coal handling plant Details
 
8Tender for annual contract for rewinding/re-caging/ re-staggering and other repairs of HT motors   Details
 
8Tender for rate contract for engagement 03 nos safety supervisor for overhauling job of different plant Details
 
8Tender for supply and delivery of 1494 set of single tension hardware fittings Details
 
8Tender for replacement of weasel conductor Details
 
8Tender for setting-up of 15 MW/37.5 MWh battery energy storage system Details
 
8Tender for setting-up of 15 MW/37.5 MWh battery energy storage system Details
 
8Tender for setting-up of 30 MW/75 MWh battery energy storage system Details
 
8Tender for replacement of weasel conductor Details
 
8Tender for repair and restoration of spur at RD Details
 
8Tender for on-site cryogenic cleaning, heating and varnishing of generator of two units Details
 
8Tender for repair and restoration of spur Details
 
8Tender for providing service connection Details
 
8Tender for procurement of spare equipments for sub-station maintenance at 132kV GSS Details
 
8Tender for providing service connection Details
 
8Design, manufacturing, testing, supply and delivery of 100 No. numerical type power transformer differential relays Details
 
8Tender for bi-annual rate contract (Bi-ARC) for transportation of structure material, tower material Details
8Tender for R&M work of 220kV bus strengthening conversation of existing Details
8
Tender for work of rubber lining of various equipments, pipes and fittings Details
8Tender for operation and maintenance of valves for water distribution Details
8Tender for supply of worm gear set for coal mill Details
8Tender for supply of hoist spare Details
8Tender for manufacturing paver blocks of different shapes in precast yard Details
8Tender for work of erection of 66kV S/C line Details
8Tender for supply of 11/0.4 kV substation Details
8Tender for supply of 33 kV 800 AMP isolators Details
8Tender for supply of gas distribution screen for ESP system Details
8Tender for supply of primary air diffuser cone set for pulverized coal burner for boiler Details
8Tender for supply of modified LDO and LSHS oil guns with spares for boiler Details
8Tender for procurement of guided wave radar level transmitters installed Details
8Tender for supply of APH heating elements and APH seals Details
8Tender for procurement of pneumatic smart positioners Details
8Tender for procurement of spares for gas analyzer of continuous emission monitoring system Details
8Tender for supply of lube oil system spares Details
8Tender for supply of ceramic lined spool piece and coal bends for boiler Details
8Tender for supply of spares of hydraulic system of roller coal mill Details
8Tender for procurement of HEA igniters spark tips, HEA igniters rod, exciter box and HEA igniters cable Details
8Tender for shifting of 33 kV /HT/LT poles, lines, structures Details
8Tender for procurement of grinding elements for 883XRP bowl mill Details
8Tender for rate contract for different mechanical maintenance jobs Details
8Tender for earthwork excavation, stub setting, concreting, tower erection, stringing of panther conductor Details
8Tender for supply of VFDs for 4570 kW, 6.6 kV motor Details
8Tender for supply of 420 kV, 245 kV and 145 KV CTs for various substations Details
8Design, fabrication, supply, installation, testing, commissioning of on grid solar rooftop project with net meter and remote monitoring system, capacity of 300kW Details
8Tender for supply installation of street lighting system for illumination at ash dyke Details
8Tender for annual maintenance and meter reading Details
8Tender for annual maintenance and meter reading work Details
8Tender for construction of temp. bund along Details
8Tender for leasing of spare dark fibre of optical ground wire (OPGW) network Details
8Tender for preparation of the structure design and drawing ic electrification water supply sanitation plumbing and fire fighting arrangement etc Details
8Tender for carrying out routine and preventive maintenance of mill reject handling system Details
8Tender for supply, fabrication, erection of ERW 150NB pipe along Details
8Tender for bi-annual Up keeping/ housekeeping of control room, switch yard Details
8Tender for supply of M.S ERW coal discharge pipe Details
8Tender for supply, installation, commissioning and testing of new lighting system Details
8Tender for construction of protection wall Details
8Tender for laying of 3C 33kV 400 sqmm XLPE UG cable Details
8Tender for tit-bit civil renovation work Details
8Tender for laying of 3C 33kV 400 sqmm XLPE UG cable by microtunneling Details
8Tender for laying of 11 kV, 3Cx300 sq.mm. XLPE UG cable Details
8Tender for laying of 3C 11kV 300 sqmm XLPE UG cable Details
8Tender for supply of 9.0 M long PCC poles Details
8Tender for construction of 33 kV S/S Details
8Tender for renovation of 33 kV sub-station Details
8Tender for supply of butterfly valves rubber valve seal of make Fouress Details
8Tender for repair and maintenance of sanitary works Details
8Tender for supply of spares for turbine and TDBFP of unit Details
8Tender for requirement of various spares of dynamic classifier installed Details
8Tender for procurment of spare parts of BFV of various CW and ACW lines installed Details
8Tender for supply of spares for stacker reclaimer no 1 and 2, ring granulator Details
8Tender for work of providing & fixing electrical insulation, acid & alkali-proof synthetic insulating mat Details
 You can also click on Tenders for more
 
For reference purposes the website carries here the following newsclips:
 
8GCC begins direct power grid interconnection project with Oman to strengthen regional energy security Details
 
8Coal blocks to be allotted only through auctions: Govt Details
 
8Power consumption rises 3.8% to 142.74 billion units in January: Govt Details
 
8Gstar's solar module series first to achieve India's new BIS certification Details
 
8Defence, Railways, solar: did Budget 2026 live up to market expectations for these sectors Details
 
8Engineering projects (India) invites EOI For 250 MW solar PV project Details
 
8Tata Power, Adani Ports, RVNL and other stocks announcing results this week Details
 
8Studio Saar designs India’s largest and most sustainable printed circuit board factory in Madhya Pradesh Details
 
8Why transformers are the unsung heroes of India’s green revolution Details
 
8Reviving 200 legacy industrial clusters: India’s manufacturing sector gets “second wind” in union budget 2026 Details
 
8India renewables seek policy clarity, storage incentives in Union Budget 2026 Details
 
8Government considers merger of power finance corporation and rural electrification corporation Details
 
8Restructuring PFC & REC to improve credit flows, execution discipline in power sector Details
 
8Budget to enhance competitiveness; duty exemption on lithium batteries to aid EV sector: Industry Details
 
8Power sector PSUs' investments to rise nearly 19 pc to Rs 1.01 lakh crore in FY27 Details
 
8TCS on Coal, lignite doubled to 2% Details
 
8Gia Lai Electricity's 2025 net profit records 10-fold increase on wind power gains Details
 
8Solar stock hit 10% upper circuit with heavy volume because Details
 
8In a boost for renewable energy, Budget slashes duties for battery, solar sectors Details
 
8India Eyes NBFC consolidation for power sector scale Details
 
8Union Budget 2026: Sitharaman calls for restructuring of power finance corp, rural electrification corp Details
 
8Reforms In financial sector: govt to set up banking panel for Viksit Bharat Vision Details
 
You can also click on Newsclips for more Details

Thermal, hydro, pumped storage, solar, wind, BESS and T&D contract related activities of the day

Feb 02: 8Find a snapshot of thermal, hydro, pumped storage,
solar, wind, BESS and T&D contracts related updates for the day
Click on Reports for more Details

Who says gas based units do not run in the winters?

Feb 05: 8There is common chatter that gas-based power backs off in winter because it’s expensive.
8But this power unit's consumption went from zero to a massive 1.4 mmscmd of gas
8And all of it is APM gas. And there is no gas for fertilizers, for which the govenment pays straight from the exchequer.
Click on Details for more
Details

NERPC’s commercial agenda enters a harder phase: Dispute-resolution to structural stress management

Feb 05: 8New policy instruments-Virtual PPAs, SCED-linked MTL compensation, Green Energy Open Access, and revised tariff frameworks-are no longer theoretical but financially live.
Click on Details for more
Details

Yadadri tariff battle sharpens as TGENCO defends Rs 36,000-crore cost surge

Feb 05: 8More broadly, it signals how India’s regulators may treat mega thermal projects struggling with post-2017 cost inflation and compliance hurdles.
Click on Details for more
Details

Coal quality at stake: Coal Controller tightens RFQ scrutiny for coal testing agencies

Feb 05: 8The regulator’s message is clear: technical qualification will hinge on documented capability, not declarations.
Click on Details for more
Details

KSERC ties APTEL payment rollout BSES Kerala Power to Supreme Court deposit compliance

Feb 05: 8The order reflects how appellate litigation is increasingly shaping cash-flow timing within regulated PPAs.
Click on Details for more
Details

TNERC blocks retrospective clawback of captive solar adjustment charges

Feb 05: 8The order reinforces regulatory resistance to audit-driven reversals where operational consent and settlement history exist.
Click on Details for more
Details

TNERC strikes down TNPDCL EMI defence, orders full wind dues with interest

Feb 05: 8The order reinforces that financial distress does not dilute regulatory payment discipline. It also signals tighter scrutiny of how discoms invoke central relief frameworks.
Click on Details for more
Details

TNERC orders Rs 6 crore refund to ITC but drops contempt case

Feb 05: 8The broader signal is that regulatory directions carry long-tail financial consequences, but enforcement may stop at correction rather than punishment.
Click on Details for more
Details

India opens virtual renewable contract market under CERC oversight

Feb 05: 8Crucially, Renewable Energy Certificates generated under these contracts will be transferred directly to consumers for compliance, then extinguished - preventing secondary market trading
8It signals the regulator’s intent to deepen market-based decarbonisation tools without disturbing physical grid operations.
Click on Details for more
Details

CERC validates GST and bird-diverter shocks as solar tariff change-in-law events

Feb 05: 8It also signals that environmental compliance and indirect tax shifts remain systemic, not developer-specific, burdens.
8The financial consequences will ripple downstream into distribution licensee power procurement costs.
Click on Details for more
Details

MTL obligation drops sharply in December but cost inefficiency persists in SCED recovery

Feb 05: 8For system operators and regulators, the signal is clear: the problem is no longer volume stress, but costly balancing inefficiency.
Click on Details for more
Details

Daily forward looking import matrices

Feb 05: It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days.
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8LPG
8Ammonia
8Coal & Coke
8All tankers
8Bulk and Dry cargo
Click on Reports for more. Details

Company Updates

Feb 05: NCLT grants Refex subsidiary Sherisha Solar LLP reply time, imposes Rs 10,000 cost.
8The NCLT also recorded that parties attempted settlement talks and agreed to explore an amicable resolution before the next date. Click on Reports for more.
BGR Energy faces Rs107.90 crore GST assessment demand; company says no material impact yet and plans appeal.
8What remains open is appellate relief, since BGR explicitly says it will appeal. Click on Reports for more.
Coal India board approves 51:49 JV with UPRVUNL to develop solar, wind and PSP projects in Uttar Pradesh.
8The annexure states Coal India will hold 51% equity, with the balance 49% held by UPRVUNL. Click on Reports for more.
OGPL says “no deviation” on Rs 250 crore rights issue; lists Rs 14,903.95 lakh utilised by Dec 31, 2025.
8OGPL discloses “Funds Utilized” of Rs 14,903.95 lakh against total original allocation of Rs 25,000.00 lakh, with Rs 10,096.05 lakh noted as deployed in fixed deposits with banks. Click on Reports for more.
ACME Solar names Rahul Kaushik process transformation head as it scales governance across 7,770 MW portfolio.
8He is brings nearly two decades of internal audit and risk advisory experience, including leadership of the Internal Audit function at O2 Power and stints at Ernst & Young, KPMG and Grant Thornton. Click on Reports for more.
NGEL commissioning lifts group capacity to 8,813.25 MW; NTPC group commercial capacity cited at 86,710 MW.
8The COD is declared w.e.f. 31 January 2026 following receipt of an RREC certificate dated 3 February 2026. Click on Reports for more.
Hindalco awards BHEL domestic BTG execution mandate with 35–37 month commissioning clock.
8BHEL states Hindalco Industries Limited has issued an LOI for a 2 x 150 MW boiler-turbine-generator package tied to the Aditya Aluminium expansion in Odisha. Click on Reports for more.
Power Grid acquires SR–ER strengthening SPV from PFC Consulting for Rs 19.63 crore under MoP guidelines.
8Consideration is recorded at Rs 19,63,36,237 under the share purchase agreement, with PFC noted the sale is not in the nature of a slump sale. Click on Reports for more.
Tata Power highlights 26.3 GW capacity base as Q3 FY26 analyst deck details renewables buildout.
8The deck states clean and green capacity accounts for ~17.5 GW, with a target of ~70% clean share by 2030. Click on Reports for more.
Tata Power reports Mundra plant operations suspended from July 3, 2025 amid supplementary PPA discussions.
8It adds the company is in discussion with procurers for a supplementary power purchase agreement, with financial impact to be considered once finalised. Click on Reports for more.
GE Power India compliance officer Kamna Tiwari resigns.
8She has resigned effective the close of business hours on 2 April 2026. Click on Reports for more.
NTPC cites Rs 5,000 crore unsecured term loans and 6.05% weighted borrowing cost in 9M FY26.
8The company said weighted average interest rate on borrowings fell to 6.05% in 9M FY26 versus 6.64% in 9M FY25. Click on Reports for more.
Adani Power ties up over 90% of 18.15 GW fleet under PPAs; merchant exposure cut to 10%.
8Wins 3,200 MW Assam greenfield LoA at Rs 6.30/unit; capacity charge pegged at Rs 4.16. pegs Rs 2 lakh crore capex for 24 GW buildout; says majority funded through internal accruals. Click on Reports for more. Details

Miscellaneous Update: Part I

Feb 05: 1) Powergrid moves dormant shareholder stakes toward IEPF transfer window.
8The action reflects regulatory enforcement of dormant capital migration into public protection mechanisms

2) POWERGRID locks inter-regional grid corridor via Rs 19.63 crore SPV acquisition>
8The system expansion involves high-capacity 765 kV lines across Odisha and Andhra Pradesh, reinforcing a critical east-south power transfer pathway.

3) Power purchase cost creep in November pushes Madhya Pradesh into January surcharge cycle
8The surcharge reflects a regulatory design that automatically transfers even modest system-wide cost overruns to end consumers within a two-month lag.

4) WBSEDCL showcases expansion drive as solar, service, and security initiatives advance
8The broader signal is a utility balancing growth messaging with credibility building in a politically sensitive service sector.

5) CESC lines up investor roadshows ahead of February market outreach cycle
8For analysts and institutional investors, these forums typically serve as platforms to probe regulatory risk, cost recovery outlook, and growth pipelines.

6) Kerala utility tightens control over who can supply grid hardware
8For suppliers, inclusion secures market access; for those excluded, it represents a direct commercial barrier.

7) Kerala utility forced to pay land charges after exemption window closes
8For state transmission planning, it reinforces that even small parcels of land can carry non-trivial regulatory overheads.

8) Kerala sets zero fuel surcharge for monthly users, modest charge for others
8For the system, it signals a period of relative fuel cost stability. For regulators, it reinforces confidence in automated adjustment frameworks over ad-hoc tariff petitions.
Click on Details for more
Details

Miscellaneous Update: Part II

Feb 05: ICICI Securities reiterates BUY on Powergrid with Rs.350 target as capex guidance rises to Rs.32,000 crore.
8The immediate benefit of higher capitalisation momentum is positioned with shareholders, while execution and supply constraints remain the live risk bucket. Click on Details for more.

S&P Global flags hydrogen offtaker clustering via WTP vs delivery cost framework for 2030 example.
8It says it can identify low-carbon hydrogen offtakers and demand clusters by comparing willingness to pay (WTP) against cost to deliver (CTD) at the facility level. give me paywall story. Click on Details for more.

Smart meter SPV’s rating leans on DDF waterfall, but ICRA flags payment history “yet to be established”.
8ICRA Limited rates Says Genus Rajputana Smart Metering SPV Private Limited direct debit facility (DDF) payment track record with Ajmer Vidyut Vitran Nigam Limited (AVVNL) is “yet to be established.” give me paywall story. Click on Details for more.

CARE reaffirms Bengal Energy at CARE A (stable) as Rs.720.54 crore capex targets April 2028 COD.
8The company plans a 2×500 tpd sponge iron unit and a 60 MW captive power plant (40 MW WHRB + 20 MW AFBC) at Midnapore, with estimated cost Rs.720.54 crore funded at a 1.50:1 debt-equity ratio and COD expected in April 2028. Click on Details for more.

Tribunal remands loan-interest computation in UJVN small hydro tariff dispute against UERC.
8It aside the methodology used to compute interest on loan for UJVN Ltd.’s Pathri and Mohammadpur SHPs and notes that UERC reduced the loan component by 75% of MNRE subsidy when calculating interest, but finds this inconsistent because the loan itself was availed after considering equity and full subsidy. Click on Details for more.

Tribunal upholds UERC denial of generic tariff for UJVN’s Pathri and Mohammadpur SHPs give me paywall story. Click on Details for more.

PXIL receives membership surrender request from Shubheksha Advisors Time given for objection filing. 
Click on Details for more. Details

Regulatory Updates: Part I

Feb 05: 1) Kerala regulator locks five-year bulk supply pact for Thrissur distributor
8The structure places emphasis on measured maximum demand across multiple substations rather than feeder-wise limits.

2) Tamil Nadu regulator clears emergency coal power costs through tariff pass-through
8It confirms that crisis-driven fuel price volatility can still flow into consumer tariffs when backed by central directives.

3) TNERC blocks TANGEDCO’s retrospective solar audit recovery demand
8The decision signals that audit corrections cannot override the commercial finality of grid-accepted renewable energy flows.

4) TNERC clears short-term power purchase, locks TNPDCL into strict cost discipline
8The order reinforces a broader regulatory push toward procurement discipline rather than post-facto cost recovery flexibility.

5) TNERC stretches e-filing software rollout timeline, eases bidder eligibility window
8It signals a cautious digital transformation path where schedule realism now outweighs calendar-driven deployment.

6) TNERC hearing docket exposes mounting tariff disputes and compliance battles
8The docket underscores a regulatory system balancing financial discipline, contractual stability, and legal enforcement as cost disputes intensify across the value chain.

7) CERC formalises India’s first regulatory framework for Virtual Power Purchase Agreements
8The move opens a parallel market channel for corporate renewable procurement without disturbing existing power scheduling systems.

8) CERC adopts sub-benchmark tariff for NR–WR transmission strengthening project
8Financially, the order reinforces tariff discipline by benchmarking bids against normative cost models.

9) CERC locks in discounted tariff for eastern grid expansion corridor
8Tata Power’s winning bid undercut the regulator’s normative benchmark by a notable margin, signalling continued investor appetite for regulated transmission assets despite tightening return expectations.

10) CERC approves Kurnool bay COD but denies delay relief, trims capital allowances
8The broader regulatory tone reinforces discipline on delay attribution even in relatively small bay assets.
Click on Details for more
Details

Regulatory Upadate: Part II

Feb 05: 1) JERC rewrites CGRF–ombudsman clocks: complaint acknowledgement now “within 7 days”, orders “60 days”
8It also changes ombudsman-side steps including representation registration timelines
 
2) UERC trims PTCUL hybrid bay capex to Rs 10.64 crore, okays only “in-principle” pending prudence check
Click on Details for more
Details

Market Round-up

Feb 05: 1) DAM–RTM basis flipped sign in 24 hours, widening the scheduling risk premium
8On 2026-02-04, DAM MCP rose to Rs 3.45/kWh while RTM MCP fell to Rs 2.74/kWh, flipping the basis from the prior day.
Inference: With lower real-time imbalance pressure earlier, the swing points to day-ahead overcommitment followed by real-time correction.
Why it matters: A Rs 0.71/kWh spread penalises inaccurate demand forecasting and raises avoidable power purchase cost for DISCOMs that over-schedule in DAM.

2) GDAM cleared above DAM on the peak day, hinting at green scarcity pricing
8On 2026-02-04, GDAM MCP printed Rs 3.60/kWh, above DAM’s Rs 3.45/kWh.
Inference: Buyers appear to have paid a clean-energy premium due to constrained matching of time-specific green supply.
Why it matters: Persistent GDAM premiums can inflate renewable procurement costs and distort short-term compliance economics for obligated entities.

3) HPDAM showed sell interest but zero clearing all week - hydro value stayed “on paper”
8From 2026-01-29 to 2026-02-04, HPDAM shows ~133–136 GWh/day sell bids, but MCV and scheduled volume remained zero.
Inference: Hydro flexibility was offered but price or system constraints prevented trade execution.
Why it matters: Idle hydro bids shift balancing burden to RTM and DSM, increasing price volatility and deviation settlement exposure.

4) Thermal under-delivery forced hydro to shoulder Southern region balancing
8On 2026-02-03, Southern thermal output was 734.22 MU vs 938.34 MU program (-21.25%).
Inference: Hydro over-performance cushioned thermal shortfall, indicating dispatch stress rather than demand collapse.
Why it matters: Hydro used for balancing instead of peak arbitrage reduces its future price-smoothing role, raising intraday market volatility risk.

5) Coal stock stress surfaced in Rajasthan despite zero national shortage
8On 2026-02-03, Chhabra units held only 64–72% of normative coal stock.
Inference: Plants with low stock face higher forced market dependence during ramp events.
Why it matters: Coal stress quietly shifts cost from generation to exchanges, potentially adding Rs 0.40–0.80/kWh to marginal procurement during tight hours.

6) Maharashtra alone showed ATC violations while peers stayed within limits
8On 2026-02-04, Maharashtra recorded 5 ATC violation blocks while most states reported zero.
Inference: Corridor-specific stress rather than all-India congestion drove the breach.
Why it matters: Local ATC binding can inflate regional MCPs and increase area-specific congestion charges, raising landed power cost.

7) Frequency average looked stable, but low-side excursions dominated the day
8Average frequency was 50.008 Hz, yet 181 low-frequency excursions occurred versus 146 high-side events.
Inference: Downward stress events were more frequent, indicating higher balancing demand.
Why it matters: Frequent low-side excursions increase reliance on fast reserves and ancillary services, adding hidden system operation costs that later surface in tariffs.

8) Northern states showed opposite PX/RTM positions in the same off-peak window
8At 03:00 on 2026-02-04, Uttar Pradesh showed -2,310 MW PX/RTM/STOA position, while Punjab showed +1,350 MW.
Inference: States adopted divergent balancing strategies under similar grid conditions.
Why it matters: Such divergence raises settlement volatility and DSM exposure, potentially widening inter-state procurement cost gaps.
Click on Details for more
Details

Power Committee Updates

Feb 05: 1) NER’s dispatch economics flipped: SCED net payouts collapsed even as down-dispatch dominated
8This is a tightening mismatch between “who the grid curtails” and “who ends up paying.

2) WR’s ancillary pool turned into a two-speed market: SCUC kept minting winners, while TRAS discipline deteriorated into an “Emergency-heavy” penalty week
8The grid looks like it is buying reliability in SCUC while charging for indiscipline in TRAS-and in the latest week, the “indiscipline” component spilled more visibly into Emergency-tagged outcomes.

3) From audit fatigue to fault cascades: Eastern grid’s protection architecture is breaking at the edges
8The PCC is now moving from coordination to coercion-through expanded third-party audits, forced setting reviews, and direct letters to defaulting utilities.

4) ER’s DSM week was quietly recapitalised by one state-and brutally destabilised by one corridor
8ER’s DSM is no longer a “state-by-state story” alone-inter-regional exposure is the dominant risk surface and it is being corrected post-facto, not prevented upstream.
Click on Details for more
Details

Download tenders and newclips

Feb 05:  For reference purposes the website carries here the following tenders:
 
8Tender for work of AMC cleaning of insulator strings by using high voltage insulator cleaner & protector of various transmission lines Details
 
8Tender for physical verification, valuation, and accounting of both stores inventory and MAS item including Details
 
8Tender for procurement of 01 No. vertical type centrifugal sump pump without motor capacity Details
 
8Tender for supply of consumables and other materials Details
 
8Tender for supply of 1800 mtr M.S.ERW 350 NB pipes Details
 
8Tender for renewing of its rubber seals in unit III and unit IV of power house Details
 
8Tender for battery maintenance contract for the works job work of routine cleaning and daily readings of DC battery cells Details
 
8Tender for supply, erection & commissioning of remote position sensor type double acting smart positioners Details
 
8Tender for supply, erection, commissioning, testing & trial of control panel Details
 
8Tender for empanelment of contractors to award a contract for survey, installation, testing and commissioning of 33kV line, 11/0.433 kV distribution transformer Details
 
8Tender for procurement of spares of air compressor model Details
 
8Tender for construction of new control room along Details
 
8Tender for procurement of different types of spares for ash slurry pumps Details
 
8Tender for procurement of cassette baffle for horizontal coils primary reheater Details
 
8Tender for routine maintenance works in fuel oil handling system Details
 
8Design, supply, testing and commissiining of 1 no 132kV hybrid or GIS module at 132kV substation Details
  
8Tender for procurement of grinding roll and bull ring segments for bowl mill XRP-883 overhauling Details
  
8Tender for rate contract for procurement of 120 MT sulphuric acid Details
  
8Tender for dismantling, loading and transportation of 2x10MVA power transformers with accessories Details
  
8Tender for supply, erection and commissioning of 450 NB M.S seamless pie with supporting pedestal for furnace oil pumping line Details
  
8Tender for supply of 200 NB, SS 316 class 150 ,gate valve for CWPs discharge and condenser cooling water pipe line Details
  
8Tender for procurement of NB 200 carbon steel seamless pipes and bends. Details
  
8Tender for operation and maintenance contract for 4 MW solar PV based microgrid Details
  
8Tender for miscellaneous civil works Details
  
8Tender for supply, installation, testing and commissioning (SITC) of integratedautomated auger system Details
  
8Tender for calibration, repair and procurement of readout units and other allied works Details
  
8Tender for repair, replacement and up in the existing data acquisition system and other allied works Details
  
8Tender for painting and repair work of switchyard Details
  
8Tender for supply of spares of CW pumps Details
  
8Tender for supply of duct support pipes Details
  
8Tender for laying of 185 SQMM U/G U/G cable with cable joints work Details
  
8Tender for laying of 240 SQMM U/G cable with cable joints work Details
  
8Tender for empanelment of contractors to award a contract for survey, installation, testing and commissioning of 33kV line, 11/0.433 kV distribution transformer Details
  
8Tender for empanelment of contractors to award a contract for survey, installation, testing and commissioning of 33kV line Details
  
8Tender for retrofitting of existing HPA 12 1640 12 KV1600 A SF 6 gas circuit breaker with vacuum circuit breaker Details
  
8Tender for work of complete mechanical overhauling of natural draft cooling tower Details
  
8Tender for monitoring of carbon emissions and carrying out environment audit Details
  
8Tender for procurement of bolts/stud and nuts with washer used Details
  
8Tender for procurement of various spares for BFP booster pump model Details
  
8Tender for procurement of essential spares for 600MW main turbine Details
  
8Tender for outsourcing of operation and maintenance of PDFAC system Details
  
8Tender for procurement of 2550KM of ACSR raccoon conductor. Details
  
8Tender for procurement of worm shaft for HP-803 bowl mills installed Details
  
8Tender for work of complete overhauling and cartridge replacement of 200KHI boiler feed pump Details
  
8Tender for work of providing services for loading, unloading, shifting and stacking of materials Details
  
8Design, supply, installation, testing, commissioning and replacement of 2MVA, 6600V/433V power transformer Details
  
8Tender for supply of various LT cables and LUGs Details
  
8Tender for annual rate contract for preventive/ scheduled work, defect attending/ unscheduled/ as when required work, O/h / B/d work, shut down/ emergency maintenance of electrical auxiliaries insalled Details
  
8Tender for constructing 11kV line with covered conductor Details
  
8Tender for renovation of chain link fencing around Details
  
8Tender for reconductoring 11kV with covered conductor Details
  
8Tender for construction of 2nd addl. 12.5 MVA 132/11 kV T/F plinth and allied civil works Details
  
8Design, manufacture, testing before dispatch & delivery of 52,000 Nos. male female contact sets for 11kV, 75 Amp GO switches Details
  
8Tender for work of shifting of 11 kV UG cable Details
  
8Tender for renovation of electrical section Details
  
8Tender for repair & maintenance of stop log gates Details
  
8Tender for carrying out dyuthi 2.0 works Details
  
8Tender for new 11kV UG cable work Details
  
8Tender for rate contract for repair of damaged failed 33/11kV 3.15 MVA ,5.0 MVA, 8.0 MVA power transformer Details
  
8Tender for construction of 33 kV sub station Details
  
8Tender for supply and erection of 0.10 Km UG cable Details
  
8Tender for modification of existing transformer Details
  
8Tender for procurement of bunker discharge gate assembly with electrical actuator Details
  
8Tender for supply of 11 kV single pole stand alone structure materials complete set Details
  
8Tender for procurement of spares for main turbine HP control valve Details
  
8Tender for supply of feeder discharge gate assembly with electrical actuator Details
  
8Tender for works contract for central stores materials handling Details
  
8Tender for supply of moving contact for 11kV AB switch Details
  
8Tender for providing and fixing ACP cladding with fixing steel Details
  
8Tender for construction of other allied civil works Details
  
8Tender for service contract for repairing of ventilation duct Details
  
8Tender for service contract for emergency TIT BIT maintenance Details
  
8Tender for SITC of 250A/200A MCCB panel on 100/63 KVA DTRs Details
  
8Tender for replacement of ACSR bare conductor by insulated covered conductor Details
  
8Tender for work of supply, installation, testing and commissioning of 250A MCCB panel on 100/63 KVA DTRs in various Details
  
8Tender for shifting of 33 kV, 11 kV, LT lines Details
  
8Tender for construction of new 11 kV composite feeder on existing 11 kV feeder Details
  
8Tender for replacement of weasel conductor by aerial bunch cable Details
  
8Tender for installation of additional 100 KVA transformer Details
  
8Tender for construction of new 11 kV feeder from 33/11 kV sub-station Details
  
8Tender for increasing capacity transformer Details
  
8Tender for replacement of weasel conductor by aerial bunch cable Details
  
8Tender for annual maintenance work Details
  
8Tender for work of servicing & overhauling along with providing & fixing of required spares of 33kV circuit breakers Details
  
8Tender for work of servicing & overhauling along with providing & fixing of required spares of 145kV circuit breakers at various substations Details
  
8Tender for work of servicing & overhauling along with providing & fixing of required spares of 145kV circuit breakers Details
  
8Tender for work of feeder re-orientation at 110kV & 220kV substation Details
  
8Tender for purchase of various capacity of 11 kV CTPT units Details
  
8Tender for construction of stacking platform and miscellaneous civil works Details
  
8Tender for work of monkey patrolling of various 220kV & 132kV lines Details
 
You can also click on Tenders for more
 
For reference purposes the website carries here the following newsclips:
 
8PFC Q3 FY26 profit rises 15% to Rs 4,763 crore on strong loan growth, declares Rs 4 interim dividend Details
 
8Managing Power Flows: Challenges in renewable integration at the distribution level Details
 
8Adani Energy delivers 1 crore smart meters across discoms Details
 
8AM/NS India secures green steel certification under new government taxonomy Details
 
8Coal India board clears Chile holding company for lithium, copper foray Details
 
8Suzlon Q3FY26 result: Net profit rises 15% to Rs 445 crore, revenue at Rs 4,228 crore Details
 
8NHPC Q3 profit dips 3 pc to over Rs 320 crore Details
 
8Tata Power Q3 profit rises marginally to Rs 1,194 Crore Details
 
8Telangana scraps extra charges for power line extensions for homes, farmers Details
 
8Capital Inflows: Recent equity deals in the energy sector Details
 
8Meeting Sustainability Goals: Green aluminium could be a game changer in the energy transition Details
 
8Nuclear Power Reforms: SHANTI Act 2025 opens the doors for private sector participation Details
 
8From projects to power: Budget 2026 bolsters India's solar EPC backbone Details
 
8Solar Industries projects 15% annual growth with mining and defense expansion Details
 
8Solis ranks No.1 in India’s rooftop solar inverter market Details
 
8Rajasthan’s new demand flexibility rules explained: How shifting electricity use could unlock more solar power Details
 
8Power Generation company receives an order from solar energy corporation of India Details
 
8Apr-Dec period: Coal import for power sector blending plunges 54% Details
 
8Tata Power eyes small modular reactors, assessing land in three states Details
 
8Link power tariff hikes to inflation, suggests expert report to 16th FC Details
 
8POWERGRID commissions Khavda Phase II Part C transmission project Details
 
8Tata Power profit drops as thermal business weakens Details
 
You can also click on Newsclips for more Details

Jan 01: Details

India’s invisible megawatts: How captive and rooftop power finally forced themselves into the grid conversation

Feb 04: 8The discussion exposes a quiet governance gap: CEIs, SLDCs, DISCOMs, and developers all hold fragments of the truth, but no one owns the full picture. The proposed data architecture-pilots, smart meters, AMR systems, and developer-led platforms-signals a shift from ad-hoc reporting to quasi-real-time surveillance. Yet beneath the technical optimism lie unresolved cost burdens, data ownership questions, and regulatory exposure that could reshape captive economics and rooftop solar’s grid relationship.
Click on Details for more
Details

Supreme Court-triggered audit to probe KSEB’s survival without regulatory asset recovery

Feb 04: 8This signals a governance shift from tariff debates to balance-sheet accountability. The exercise could reshape how Indian regulators view prolonged regulatory asset accumulation.
Click on Details for more
Details

India’s coal price index hides a widening split between steel and power fuel costs

Feb 04: 8This split suggests that steel sector fuel costs are firming while power sector fuel pressure is easing slightly. For power utilities and regulators, the stable headline index masks grade-level shifts that could affect FPPCA calculations and station-wise variable cost trends.
Click on Details for more
Details

CEA begins market mapping of grid-forming inverter manufacturing base

Feb 04: 8Manufacturers now face a soft regulatory spotlight that could shape eligibility in upcoming renewable integration schemes.
Click on Details for more
Details

CERC blocks data fishing bid in ISTS charge dispute, narrows evidentiary scope

Feb 04: 8The order also signals CERC’s resistance to turning tariff proceedings into data-heavy forensic audits.
Click on Details for more
Details

UERC trims PTCUL’s 220 kV hybrid bay approval to Rs 10.64 crore from Rs 11.05 crore

Feb 04: 8The immediate effect is a lower approved cap now, while leaving the final cost recovery exposure open to later scrutiny.
Click on Details for more
Details

Parliamentary Briefs

Feb 04: 8Green Hydrogen Mandate [Rajya Sabha] Details
8Renewable Energy Projects in Odisha [Rajya Sabha] Details
8Solar and wind energy in Rajasthan [Rajya Sabha] Details
8Global partnerships for improvements in renewable energy [Rajya Sabha] Details
8City Accelerator Program under PM Surya Ghar: Muft Bijli Yojana [Rajya Sabha] Details
8Lower energy storage capacity [Rajya Sabha] Details
8PLI Scheme for High Efficiency Solar PV Modules [Rajya Sabha] Details
8PM Surya Ghar: Muft Bijli Yojana [Rajya Sabha] Details
8Promotion of domestic solar manufacturing and identification of high solar potential regions [Rajya Sabha] Details
8Solar park projects in Maharashtra [Rajya Sabha] Details
8UERC trims PTCUL’s 220 kV hybrid bay approval to Rs 10.64 crore from Rs 11.05 crore Details
Details

Company Updates

Feb 04: Adani Defence and Leonardo sign MoU for AW169M, AW109 TrekkerM helicopter manufacturing ecosystem in India.
8There will be a phased indigenisation and dedicated MRO and pilot training capabilities. Click on Reports for more.
Auditor’s review flags Mumbai International Airport Limited (MIAL) exposure tied to Rs 845.76 crore allegations in Adani Enerprises.
8What is not stated is any quantified adjustment to results for thi. Click on Reports for more.
Adani Enterprises posts Rs 11,985 crore 9M FY26 EBITDA as Navi Mumbai airport starts operations.
8The filing also anchors capital market support through a rights issue raising ?24,930 crore (oversubsc. Click on Reports for more.
Alfa Transformers clears Q3 unaudited results, auditor flags missing debtor-creditor confirmations.
8What is not stated is the quantum of such unmatched balances or whether any reconciliation will foll. Click on Reports for more.
REC denies any merger talks with PFC, says Economic Times report not based on company information.
8REC is drawing a hard line between market merger chatter and what it says is only a poli. Click on Reports for more.
Power Finance Corporation Ltd. (PFC) links “PFC–REC merger” report to Budget 2026 restructuring proposal; board to deliberate.
8PFC limits the stated trigger to the Budget 2026 announcement and reserve. Click on Reports for more.
JSW Energy Limited says it is “evaluating opportunities” in power, but nuclear capex not on the table now.
8It keeps its broader power-sector evaluation open-ended but fences off nuclear investments ex. Click on Reports for more.
Indian Energy Exchange Limited (IEX) flags RTM jump to 4,638 MU as prices fall to Rs 3.72/unit.
8It also reports DAM volume of 6,182 MU (up 2.8% YoY) and a DAM average price of Rs 3.86/unit (down 12.9%. Click on Reports for more.
Bharat Forge investor pact binds BF Utilities to casting carve-out, India business only via JS Auto.
8The annexure specifies that certain BFL-affiliated entities, including BF Utilities, are subject to. Click on Reports for more.
IRCON disputes exchange fine over board committee composition, calls levy “unreasonable” for government company.
8IRCON’s Board has stated that as a government company under Section 2(45), director app. Click on Reports for more.
Indowind Energy lines up Rs 57.80 crore promoter RPT to buy Everon Power shares from Dr. Bala Kutti.
8It is raising a Rs 1,500 crore borrowing limit, up from Rs 1,000 crore. Click on Reports for more.
Epic Energy Limited ties up with REFNIC for Li-ion shredding and 10 MWh/month second-life assembly via SUN LLP.
8REFNIC will be the technical partner for design, engineering, integration, installation. Click on Reports for more.
TANTRANSCO terminates BGR Energy Systems Limited’s Tirupattur–Palavadi substation EPC.
8The transmission entity may recover LDs and differential cost after contract termination. Click on Reports for more.
KPI Green Energy Limited cites GUVNL 445 MW/890 MW BESS LOI and INR1,000–1,100 crore capex range.
8The flags INR676 crore Q3 revenue and 45% YoY growth. Click on Reports for more.
KPI Green Energy Limited secures commissioning certificate for 16.16 MWdc PM-KUSUM solar projects in DGVCL area.
8The company frames the development as part of its IPP segment execution and a contribut. Click on Reports for more.
Solar Industry India’s Rs 21,200-crore order book locks in multi-year visibility .
8A large backlog dominated by defence and CIL/SCCL orders gives Solar a long earnings runway, even if individual segmen. Click on Reports for more.
RMC Switchgears lands Rs 200.86 crore Jaipur Discom LOIs for 11 kV feeder segregation under RDSS.
8They are talking of two turnkey packages: segregation of 11 kV mixed feeders at Dholpur Circle (Rs.116.4). Click on Reports for more.
Triveni Turbine’s Q3 order booking drops 26% to Rs 3.91 billion even as order book hits Rs 19.86 billion.
8The quarter’s booking are divided into domestic Rs 1,823 million (47% share; up 1% y-o-y). Click on Reports for more.
KEC International Limited adds Rs 1,020 crore orders; says YTD order intake - Rs 20,300 Cr.
8The company’s year-to-date order intake stands at ~Rs 20,300 Cr and cites successive large tower supply orde. Click on Reports for more.
Madison Pacific Trust Limited discloses encumbrance over 56.38% of Vedanta Limited shares under US$350 million facility.
8The filing does not state any acquisition of voting-rights shares by the agent. Click on Reports for more.
Vedanta Limited flags ESG score of 60.8, says SES issued rating independently.
8It is not known whether Vedanta has accepted, disputed, or sought any review of the score. Click on Reports for more.

  Details

CERC Updates

Feb 04: 1) CERC resets Southern grid strengthening tariffs after capital cost corrections
8The ruling reinforces CERC’s stance on disciplined cost norms, especially around spares and deferred liabilities.

2) CERC trims reactor asset base, resets northern grid charges for new control period
8The ruling reinforces CERC’s hard line on capital discipline before the new tariff block begins. It also signals continued scrutiny of legacy cost padding in mature interstate assets

3) CERC clears litigation-driven cost surge in Southern grid strengthening asset
8The move reinforces that legal risk in transmission projects ultimately migrates into regulated revenue streams.

4) CERC locks revised tariff path for Wardha fault-control transmission upgrade
8It signals that even non-capacity-augmenting works are subject to full tariff scrutiny as grid complexity rises.

5) CERC resets Powergrid Jharkhand–Bengal transmission tariff across two regulatory cycles
8The decision signals continued emphasis on prudence review over mechanical tariff pass-throughs.

6) CERC resets ERSS-VII tariffs, clears Rs 26 lakh carry-over costs into new cycle
8The regulatory signal is one of continuity - no reopening of old disputes, only structured pass-through of verified residuals

7) CERC resets Northeast grid upgrade tariffs, lowers past charges, sets leaner next cycle
8The broader signal is a regulator intent on compression of transmission carrying costs while preserving equity returns.

8) CERC trims legacy tariff base, stabilises spare asset charges for new control period
8The order signals a continued regulatory preference for cost containment in legacy grid assets rather than expansion-driven recovery. It also reinforces discipline on post-COD capital claims.

9) CERC resets ERSS-XVII tariffs as Powergrid costs move into new control period
8The ruling signals continuity rather than reform - but locks in cost visibility for the next five years.

10) CERC resets NERSS-II tariffs, clears legacy dues and locks five-year cost recovery
8The ruling reinforces regulatory preference for financial closure discipline over fresh capex expansion in mature transmission schemes.

11) CERC resets Western Region transmission costs, merges nine grid assets for new tariff cycle
8The regulator has reaffirmed cost-plus transmission recovery but with sharper reconciliation of contractor liabilities and delayed capitalisation flows.

12) CERC clears petition revision but locks in tight January filing deadlines
8The move underscores a regulatory preference for procedural discipline over timeline extensions in active generation tariff matters. For the generator, the revision opportunity comes with limited room for delay or iterative correction.
Click on Details for more
Details

Miscellaneous Update: Part I

Feb 04: 1) Coal Ministry opens door to insurance bonds as mining performance security
8The change affects competitive tariff-linked coal blocks, including projects supplying ultra mega power plants.

2) Coal ministry lifts December index as coking grades outpace thermal benchmarks
8The direction, however, signals that industrial fuel markets are regaining pricing strength faster than the power sector.

3) Khavda Phase-II link goes live, unlocking 4.5 GW renewable evacuation capacity
8At the system level, it signals continued prioritisation of high-capacity RE corridors over conventional expansion.

4) India’s smart metering drive crosses 5.46 crore installs but mega states lag
8The disparity signals emerging pressure points in funding flows, vendor capacity allocation, and state-level reform readiness.

5) G-DAM volumes rise in January as buyer mix flips and C&I selling accelerates
8The pattern suggests portfolio and procurement repositioning rather than a documented operational disruption.

6) Eastern coal fleet captures SCED gains as southern units absorb deeper backing down in December
8The pattern suggests a system shift where eastern coal economics dominated real-time optimisation, pushing southern units down the merit stack.

7) RVPN defends asset carve-out as RTIL seeks separate transmission licence
8The outcome may signal how Rajasthan handles future structural unbundling within its grid infrastructure.

8) RVPN defends transmission demerger, pushes tariff questions to future proceedings
8For DISCOMs and consumers, the financial ripple effects remain undefined at this stage. The Commission now faces a decision on whether to separate structural approval from tariff accountability.

9) Jodhpur Discom corrects billing linkage for November FPPAS recovery
8It also reflects regulatory sensitivity around billing period integrity under the RERC framework.

10) Coal still anchors Rajasthan dispatch as one major NTPC unit shows cost stress
8For Rajasthan SLDC and state utilities, the data signals continued dependence on central coal allocations while gas remains structurally sidelined.

11) Kerala’s state utility posts profit on government support amid mounting regulatory gap
8The tension between political tariff restraint and financial sustainability is becoming more visible.
Click on Details for more
Details

Miscellaneous Update: Part II

Feb 04: Fortum targets 8–10 Euro/MWh “optimisation premium” in 2026 as hedges lock 41 Euro/MWh.
8The near-term consequence is that 2026 earnings exposure is framed as less about spot prices and more about the company’s ability to outperform its hedge baseline through optimisation. Click on Details for more.

ASEAN Power Grid shifts from planning to “operational action” as enhanced MoU becomes the 2026 backbone
8It says bilateral cross-border electricity trade remains the practical foundation while subsea interconnections and new power corridors emerge as the next frontier. Click on Details for more.

ICRA keeps Samyama Jyothi Solar at [ICRA]A+ as cash pooling cushions debt despite fires and outages
8The pool collectively operates 76 MWp, with cumulative DSCR stated above 1.4x over the debt tenure and a DSRA of Rs 12.66 crore alongside Rs 42.37 crore unencumbered cash as of December 31, 2025. Click on Details for more.

MNRE locks 50 GW/year bid trajectory through FY28 as global partnerships widen across storage and hydrogen
8The mechanisms including MoUs, LoIs and joint dialogues with partners ranging from Australia and France to IRENA. Click on Details for more.

India pegs 60.63 GW storage need by FY30, with 41.65 GW from BESS

Plain solar loses ground: REIAs pushed toward storage-linked tenders as only 24.3 GW PPAs signed
8Declining costs of solar/wind plus storage and dispatchable RE have reduced demand for “plain solar/wind power,” prompting government sensitisation of agencies toward peak-hour and FDRE tenders. Click on Details for more.

India and Bhutan push commercial optimisation of Punatsangchhu-II 1020 MW output
8India and Bhutan also assessed cross-border transmission links out to 2040 alongside the need to streamline approvals for scheduling of power, particularly during Bhutan’s lean months. Click on Details for more.

Varun Beverages commits up to Rs 1.58 crore for 30% captive solar SPV stake in Haryana
8It is seeking solar power supply for facilities in Nuh, Panipat and future sites. Click on Details for more. Click on Details for more.

CERC cuts Essar–Bachau line tariff start to 2 June 2022, rejecting PGCIL’s earlier COD claim
8What is not accepted is COD approval under Regulation 5(2), since Essar Power Gujarat Limited (EPGL) had already relinquished LTA. Click on Details for more.

Powerica’s Rs 250 crore AA-rated term loan leans on DG cashflows as CPCB IV+ shifts bite
8ICRA frames CPCB-IV driven price hikes as a “key monitorable” and reiterates vendor concentration, with Cummins India Limited-linked DG sets accounting for ~70% of FY2025 operating income. Click on Details for more.

APTEL backs HERC’s “infructuous” call, nixing Nile Condominium’s Rs 45 lakh refund route
8The dispute traces to a sharing-cost demand of Rs.44,66,500 (after adjusting ~Rs.26 lakh earlier paid) and the Association’s deposit of about Rs.45 lakh under protest for shifting supply to Sector 47, with CGRF directing DHBVN to refund and then claim from Haryana Vidyut Prasaran Nigam Ltd. (HVPNL). Click on Details for more.

HVPNL ties Feb training nominations to salary recovery and disciplinary action for non-attendance
8The memo states that if nominated officers/officials fail to attend, “training expenditure shall be recovered from their salary and disciplinary action will be initiated. Click on Details for more.
 
Details

Daily forward looking import matrices

Feb 04: It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days.
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8LPG
8Ammonia
8Coal & Coke
8All tankers
8Bulk and Dry cargo
Click on Reports for more. Details

Regulatory Updates: Part I

Feb 04: 1) Kerala regulator forces 24×7 supply pledge and auto-compensation regime
8Consumers, especially commercial and institutional users, stand to gain enforceable uptime guarantees for the first time.

2) Kerala regulator trims Infopark costs, rewards loss reduction in FY25 reset
8The outcome signals a regulatory tilt toward efficiency-based incentives rather than blanket cost approvals.

3) TNERC orders TANGEDCO to clear legacy interest dues, blocks instalment relief
8Beyond the immediate financial hit, the ruling reinforces payment discipline expectations in state-backed renewable procurement contracts.

4) TNERC blocks TNPDCL review after APTEL appeal shifts jurisdiction
8The order underscores how procedural missteps can override substantive tariff arguments. It also signals tightening discipline in how regulatory remedies are sequenced.

5) TNERC orders TANGEDCO to pay delayed solar deposit with 12% interest
8The decision signals that regulatory tolerance for payment deferrals is narrowing.

6) Regulator blocks sub-threshold 33 kV supply, reinforces voltage discipline
8The ruling signals that future load projections cannot substitute for present eligibility.

7) JSERC enforces mandatory bank guarantee rule on captive power users
8The decision signals a tightening regulatory stance on captive verification, shifting risk from utilities to industrial generators.

8) Jharkhand regulator locks captive plants into upfront financial security regime
8The ruling shifts captive power from a compliance declaration model toward a pre-emptive risk-secured framework.

9) JSERC clears 40-year Dibang hydro supply deal for DVC
8The regulator’s nod reinforces hydro’s role as both reliability insurance and compliance currency in the evolving RPO framework.

10) JSERC clears Rs 6.9 crore ash handling capex for CFBC compliance
8It also shows regulators prioritising continuity of plant operations where ash logistics threaten shutdown risk.

11) JSERC blocks single-point steel supply, mandates dual metering compliance
8Distribution utilities gain regulatory backing to enforce technical tariff segregation. The order signals a tightening stance on industrial metering discipline statewide.
Click on Details for more
Details

Power Committee Updates

Feb 04: 1) West Bengal’s reactive bill collapses - but the pool imbalance doesn’t: Bihar, Kahalgaon and Odisha quietly take over the VAR cashflow
8The pool is becoming a mirror of grid voltage management - and it’s reflecting instability pockets, not average performance.

2) The ER grid’s “quiet instability”: DSM pool stays positive, but the real stress is migrating into inter-regional settlement and dispatch-side make-good mechanisms
8The structural tension is clear: DSM looks “settled”, but scarcity is being priced through ancillary and commitment constructs, creating a two-layer discipline regime-payments move, but reliability signals are bleeding into other accounts.

3) NER’s allocation envelope tightens in Jan: the headline isn’t one plant-it’s the shrinking “total power” canvas and what it does to discipline
8January reads like an allocation stress-test-not because the sheet screams with exceptions, but because the macro ceiling falls and every sub-allocation becomes a potential grievance point.

4) WRPC’s pool flipped from SCUC-dominant surplus to shortfall-driven stress - even as the same winners kept collecting
8And the repeated behavioural issue is the persistence of large negative contributors (multiple VSTPS units, Sipat, NSPCL) - the same names, same direction signature that looks less like noise and more like a structural operating posture.

5) WR’s DSM bill didn’t “improve”-it collapsed: inter-regional stress cooled, and renewables stopped bleeding (for now)
8Operationally, the risk isn’t this week’s lower bill-it’s the volatility signal: the account shows WR can swing from heavy net payable to near-flat in seven days, which usually means the control problem has shifted-not vanished.

6) One flagship block stayed rock-solid-while another faceplanted to 45% availability, forcing the month’s ‘virtual’ balancing to do the heavy lifting in the West’s REA-based ABT
8Net-net, the grid’s meaning for the latest period is uncomfortable: operational stability is being maintained-but the reliability margin is concentrating, and concentration is what breaks first when the next unit trips.

7) Chhattisgarh’s VAR shock flips polarity- and quietly rewrites Western Region’s “discipline map” in a single week
8And the structural tension remains: state-level pay/receive can flip fast, but the persistent payer set (especially Gujarat) suggests deeper VAR management and network/reactive control constraints that weekly settlement alone won’t cure.

8) January’s scheduling story in NRPC: the virtual stack flipped from “support” to “stress”-with TRAS/SCUC turning into a visible corrective hand across flagship NR stations
8The repeated behavioural issue is that the virtual stack keeps appearing as a balancing tool rather than an exception-suggesting structural reliance on optimisation layers where beneficiary discipline should have carried the load.

9) Southern Region’s reactive pool tightens: net receivable jumps-driven by Karnataka + Andhra, while Tamil Nadu flips from payer to major claimant
8This is the kind of weekly pattern that quietly rewires incentives: reactive discipline becomes a tradable edge-until the pool starts signalling “persistent winners” and “repeat offenders” with uncomfortable consistency.

10) From Telangana tailwind to Tamil Nadu windfall: the DSM pool flips its biggest payer/receiver map in one week
8Week-on-week, the Southern Region’s DSM story isn’t “volatility”-it’s a clean redistribution of who is funding discipline and who is cashing it.
Click on Details for more
Details

Market Round-up

Feb 04: 1) RTM blows out over DAM as net exports shrink during the morning ramp
8RTM MCP hit Rs 8.51/kWh at Hour 7 (DAM at the same hour: Rs 5.73/kWh) on 2026-02-03.
Inference: All-India net exchange flipped “less export” as RTM spiked (from -2,020 MW at 00:00 to -1,294 MW at 07:00), tightening the system right when demand jumped above 209 GW.
Why it matters: a ~Rs 2.77/kWh RTM–DAM basis at a peak hour is a direct procurement risk for RTM-exposed buyers and a stress-signal for balancing depth.

2) A second price regime hits at 18:00 as export cushion collapses again
8RTM MCP stepped up from Rs 4.37/kWh (17:45) to Rs 8.68/kWh (18:00) on 2026-02-03.
Inference: The jump lines up with net exchange moving sharply toward zero (export shrinking to ~-1.34 GW at 18:00), while frequency softened into 49.95–49.96 Hz by 18:30–18:45.
Why it matters: this is a clean “regime break” signature-buyers relying on late-day RTM cover face sudden cost shocks without an obvious corridor-constraint trigger.

3) “No ATC/(N-1) violations” masks a voltage problem at a solar hub
8The system reliability report shows 0 hours of ATC and (N-1) violations on major corridors for 2026-02-03.
Inference: Yet Bhadla II sat outside the IEGC voltage band for 17.71% of the day, a local stress that corridor indices don’t capture.
Why it matters: market participants can see “congestion-free” dashboards while still paying for voltage management risk that hits dispatch flexibility and renewable evacuation.

4) Ancillary SCUC volumes signal heavy balancing-even before you see the price
8SCUC schedules show SCUC-Up = 41,992 MWh and SCUC-Down = -41,991 MWh for 2026-02-03.
Inference: That “up/down symmetry” screams continuous re-balancing, consistent with the day’s sharp RTM basis events (morning and 18:00 step) rather than a single isolated disturbance.
Why it matters: when balancing energy is this large, RTM becomes the cost-pass-through channel; any liquidity thinning can turn routine balancing into headline volatility.

5) Big thermal outages sit in the background while buyers fight for RTM cover
8On 2026-02-02, multiple 660 MW units are listed under maintenance/forced categories (e.g., Jawaharpur STPP Unit-1 & Unit-2, Chhabra-II TPP Unit-6).
Inference: With large units unavailable entering 2026-02-03, the system has less thermal “shock absorber,” making net-exchange swings and balancing actions more price-visible in RTM.
Why it matters: outage-driven tightness doesn’t need a corridor violation to hurt-costs show up as RTM spikes and a wider intraday basis.

6) Smaller exchanges go dark-price discovery concentrates, volatility risk rises
8PXIL shows RTM MCP = Rs 10.00/kWh on 2026-02-02 with just 190 MWh scheduled; on 2026-02-03, PXIL RTM shows no trades.
Inference: HPX RTM snapshot lists zero bids and zero cleared volume even on 2026-02-03.
Why it matters: thin or absent trading outside the dominant venue reduces “pressure-release valves”-stress concentrates, and RTM spikes become harder to arbitrage away.

7) Rajasthan posts a positive UI day while running heavy thermal + solar-quiet imbalance risk
8In NR’s daily report for 2026-02-03, Rajasthan shows UI = +0.84 MU with generation dominated by thermal (152.02 MU) and sizable solar (43.81 MU).
Inference: A positive UI alongside high internal generation suggests schedule-tracking stress (forecast error or dispatch friction), which can spill into RTM procurement and balancing requirements.
Why it matters: even with zero reported shortage, persistent UI in large states is a cost-leak channel (DSM exposure) and a system-balancing burden.

8) Tamil Nadu shows a large negative UI despite big solar-curtailment or self-backdown signal
8In SR’s 2026-02-03 report, Tamil Nadu records Solar = 43.40 MU and UI = -4.62 MU (net under-drawal versus schedule).
Inference: A negative UI of this size alongside strong solar can indicate either internal congestion/curtailment or deliberate backing down-either way, it reduces “usable” flexibility for the wider system.
Why it matters: when solar-heavy states under-draw, the balancing load shifts elsewhere-raising the odds that RTM becomes the pressure point during ramps.
Click on Details for more
Details

Download tenders and newclips

Feb 04:  For reference purposes the website carries here the following tenders:
8Tender for construction of 33 kV (2x5) MVAR capacitor bank at 132 kV sub station Details
8Tender for civil works related to maintenance and repair for roof treatment Details
8Tender for preventive and breakdown maintenance of machine Details
8Tender for procurement of 33kV CBs circuit breakers Details
8Tender for up keeping and routine electrical maintenance of LT ACB rectifier transformer Details
8Tender for complete overhaul of APH A and B sides and other related works Details
8Tender for upkeeping & routine mainetenance and attending minor repair works Details
8Tender for overhauling contract of boiler pressure parts Details
8Tender for replacement of ash slurry pipe lines. Details
8Tender for supply of various consumables & miscellaneous items Details
8Tender for supply of analyzers and spares for SWAS system Details
8Tender for job work of radiography of boiler tube weld joints Details
8Tender for replacement of top hand railing by using FRP/GRP material Details
8Tender for augmentation of existing 3 no 220kV S/C link between 400kV substation Details
8Tender for procurement of idler rollers for conveyor system, wagon tiplers Details
8Tender for procurement of HRC fuses Details
8Tender for establishment of construction of phase-II Details
8Tender for annual overhaulling services for boiler pressure parts valves soot blowers and burners Details
8Tender for procurement of conveyor belt used Details
8Tender for supply of 11kV single pole standalone complete set Details
8Tender for construction and renovation of 33 kV feeder Details
8Tender for carrying out the earthing audit (health assessment) of existing mat and earthing electrode Details
8Tender for preventive maintenance and emergency breakdown works in 333 KMs of EHT lines Details
8Tender for work of replacement of various high energy drain valves, steam / feed water lines Details
8Tender for rate contract for the work of overhaul, lifting & shifting of various sizes of LT motors Details
8Tender for operation and maintenance of electrical systems/electrical installations distribution panel retrofitting work Details
8Tender for repair, maintenance, and installation of plant/ systems/equipments Details
8Tender for work contract for providing assistance in unit operation and HR operation of 2x10 MW Details
8Tender for procurement of various lighting items and LED based flood tights for various power houses Details
8Tender for supply of material, erection, testing & commissioning (including civil works) for construction of 3 no. 33 kV substations Details
8Tender for work of annual contract for cold line cleaning of insulators for 220/132/110kV EHV lines Details
8Tender for preventive maintenance and emergency breakdown works in 346 KMs of EHT lines Details
8Tender for preventive maintenance and emergency breakdown works in 280 KMs of EHT lines Details
8Tender for procurement of various sizes of ERW pipe Details
8Tender for work for the 4000KVA new HT connection Details
8Tender for supply of pulverized fuel piping for coal mill Details
8Tender for procurement of ABT compliant energy meters Details
8Tender for reclamation of used and unserviceable transformer oil Details
8Tender for annual operations for lifting of segregated non segregated solid waste transportation and proper treatment disposal Details
8Tender for annual contract for operation and maintenance of electrical power system Details
8Tender for supply and installation of 1.5 ton 3 star split type air conditioner Details
8Tender for construction of railway track side of switchyard Details
8Tender for procurement of 415V ACDB, 110V DCDB Details
8Tender for procurement of 8400KM of ACSR weasel conductor. Details
8Tender for empanelment of firms for execution of electrical works upto 11 kV HT /LT level Details
8Tender for running, operation and maintenance of sewage treatment plant of capacity 30 KLD in plant Details
8Tender for supply of various type of flap gate actuators Details
 
8Tender for construction of sump pit-cum-pump chamber and other allied works Details
8Tender for supply of apron feeder liners Details
8Tender for supply of FSSS spares Details
8Tender for routine maintenance works cleaning of fuel oil guns and attending of minor repair works Details
8Tender for operation and upkeeping of unit – II boiler Details
8Tender for routine maintenance and break down maintenance of boiler water wall Details
8Tender for supply, erection, testing & commissioning including five years insurance and comprehensive operation and maintenance of total 09 meter height 300 WP capacity solar street high masts Details
8Design, supply, installation, testing, commissioning with (RMS) of cumulative capacities of 234 kW grid connected solar PV plant Details
8Design, supply, installation, testing, commissioning with (RMS) of cumulative capacities of 898 kW grid connected solar PV plant Details
8Design, supply, installation, testing, commissioning with RMS of 69 kW capacities of grid connected solar PV plant Details
8Design, supply, installation, testing, commissioning with RMS of 316 kW capacities of grid connected solar PV plant Details
8Design, supply, installation, testing, commissioning of total 453 kW grid connected solar PV plant Details
8Design, supply, installation, testing, commissioning of total 258 kW grid connected solar PV plant Details
8Design, supply, installation, testing, commissioning of total 196 kW grid connected solar PV plant Details
8Tender for repair and restoration of spur at RD Details
8Tender for work contract for routine, preventive, condition monitoring, shutdown, breakdown maintenance, and other miscellaneous works Details
8Tender for annual maintenance contract for preventive maintenance, defect attending, emergency work and overhauling of electrical equipment/auxiliaries Details
8Tender for work of providing and fixing heat shrinkable type cable joint kits Details
8Tender for supply of 35Nos,20MVA,110kV/11kV three phase transformers Details
8Tender for capital work 110kV substation Details
8Tender for reconductoring existing 11kV with covered conductor feeder Details
8Tender for reconductoring existing 11kV line with covered conductor Details
8Tender for extension of switch house Details
8Tender for manufacture, testing, supply and delivery of vehicle mounted cable fault locating equipments Details
8Design manufacture, testing, supply & delivery of B&S type 70KN (normal and anti-fog), 90KN (anti-fog) & 160 KN (anti-fog) disc insulators Details
8Tender for award of running contract for repair / rewinding of 220V DC motors, 415 V three phase AC squirrel cage motors, 415 V three phase AC slip ring motors Details
8Tender for construction of retaining wall for low lying Details
8Tender for construction of CTR tank and P/F of steel grating for 40/50-20/25 MVA Tr. at 132 kV GSS Details
8Tender for civil work for replacement of Tr.-II and Tr.-III at 220 kV GSS Details
8Tender for levelling, dressing and gravelling of 20/25 MVA transformer bay Details
8Tender for construction of civil foundation for 132 kV bay Details
8Tender for insurance of assets of thermal power stations Details
8Tender for supply of stay set complete Details
8Tender for construction of line for giving electric connection Details
8Tender for biennial maintenance contract of 02 nos. rail in motion weigh bridge Details
8Tender for overhauling work of LP turbine and associated works Details
8Tender for upgradation of performance analysis diagnostics and optimization (PADO) system Details
8Tender for procurement of carb clad coated seat and gate/disc of material handling vale Details
8Tender for complete rewinding of one number FD fan motor Details
8Tender for procurement of 3.5 V cross arm Details
8Tender for carrying out running maintenance works in unit I & II of ESP Details
8Tender for running maintenance of lighting in unit I & II boiler, transformer yard Details
8Tender for fabrication, galvanizing, testing, supply & delivery of different 33 kV, 132 kV substation structure including G.I nuts, bolts and washers Details
8Tender for incresing capacity of 1x10 MVA transformer Details
8Tender for maintenance of HT/LT lines Details
8Tender for work of carting of material, transformer, CTPT unit Details
8Tender for work of strengthening, fabrication and erection of steel structures Details
8Tender for work of replacement of rusted 37 (29+8) towers Details
8Tender for annual rate contract for servicing and overhauling of 11/22/33kV VCB poles Details
8Tender for work of supply, erection testing and commissioning of additional 50MVA, 132/33kV power T/F along with HV, LV bay Details
8Tender for second circuit stringing on 220kV line Details
8Tender for work of providing & fixing of additional jumpers on tension towers of the various lines Details
8Tender for AMC of new battery charger Details
 You can also click on Tenders for more
 
For reference purposes the website carries here the following newsclips:
 
8Union Budget 2026: Strong fiscal signals, fragmented support for India’s energy transition Details
  
8NLC India shares jump 5% after securing renewable power project Details
  
8Rajasthan’s new demand flexibility rules explained: How shifting electricity use could unlock more solar power Details
  
8Power generation company receives an order from solar energy corporation of India Details
  
816th Finance commission report: SPSEs in Himachal, especially power sector, incur losses of Rs 605 crore Details
  
8India's coal imports for power sector: A significant decline Details
  
8BCCL Posts loss on weak revenue Details
  
8Bharat Coking Coal Q3 results: revenue drops 25% YoY; coal India arm slips into losses to Rs 23 crore Details
  
8Kochi airport to run India’s first hydrogen-powered passenger buses Details
  
8TPREL commissions 198 MW group captive wind project Details
  
8Multiple steps taken to reduce green hydrogen cost: MNRE Minister Naik Details
  
8Over 26 Lakh households get rooftop solar under PM Surya Ghar; Rs 14,771 crore aid released Details
  
8Electric 2-wheelers to see 16-18 pc volume growth in FY28 as rare-earth supply eases: Crisil Ratings Details
  
8BHEL bags over Rs 1,000 crore project from Hindalco Industries Details
  
8IEX energy trade volume grows 19 pc to 13,050 MU in January Details
  
8The Hydrogenstream: NTPC green signs MoU with assago industries for green ammonia supply Details
  
8Energy storage funding slips 19% in 2025, but VC bets surge 30% as grid demand grows Details
  
8Industry expects India-US trade deal to boost solar exports Details
  
8India and Bhutan discuss measures to deepen cooperation in power sector Details
  
8India: Power demand climbs up in Jan'26; generation matrix shifts Details
  
8Big private players showing interest in India’s nuclear sector: Jitendra Singh on SHANTI Act Details
  
8India’s renewable energy capacity surges to 2,58,008 MW in 2025, accelerating clean energy transition Details
  
8NLC India renewables wins 600 MW renewable project with large energy storage from SECI Details
  
8Strengthening the textile and handloom sector to power atmanirbhar bharat Details
 
You can also click on Newsclips for more Details

Coal logistics: Results

Feb 03: NTPC locks two Magadh–North Karanpura coal logistics
8Find out who the bidders are Details

Clean technical clearance sets up high-stakes price discovery in Mawkhanu

Feb 03: 8Three EPC players have cleared technical scrutiny in a deceptively complex MeECL transmission tender. Details

Urja Global Limited’s review flags missing evidence for Rs 46.35 crore CWIP; recoverability “not determinable

Feb 03: 8The auditor records management’s explanation that a GST department raid on 20-07-2021 took records, leaving project documents and balance confirmations for loans/advances not available.
Click on Details for more. Details

Contracting news for the day: Part-1

Feb 03: This GSS PMC tender turns consultancy into a capital-intensive, EPC-grade risk play
8Repeated deadline extensions hint at market hesitation without promoter retreat.

UJVN stretches the bid timeline for Sirkari Bhyol Rupsiabagar electro-mechanical EPC package
8A hydro electro-mechanical EPC tender rarely moves quietly.
8UJVN’s repeated bid-date extensions suggest deeper signals about market readiness and execution risk.
8The real story sits in what the timeline flexibility reveals about bidder capability and promoter intent.

UJVN hard-codes technology and performance risk into Tiloth 15 Mw / 37.5 Mwh BESS tariff
8UJVN’s Tiloth BESS tender looks routine at first glance, but its risk geometry is anything but.
8Tariff discovery here quietly rewrites who carries India’s storage learning curve.
8The real contest is not price, but endurance.

Technical scope locks developers into long-term performance
8The tenders extend responsibility well beyond construction.
8Performance risk does not taper after commissioning.
8This reshapes how bidders evaluate module, inverter, and O&M strategies

UJVN’s Khatima BESS tender quietly shifts battery storage risk deeper into the developer balance sheet
8UJVN’s latest battery storage tender looks routine on the surface, but the risk architecture tells a sharper story.
8Tariff-based bidding under BOOT shifts long-term performance exposure in ways many bidders may underestimate.
8The real test will emerge not at bid opening, but years into operation.

Details

Contracting news for the day: Part-2

Feb 03: APTRANSCO grants a calibrated bid deadline extension for the 400/220 kV AIS Sanampudi transmission package
8The date extension suggests bidders are engaging deeply with route constraints, bay interfaces, and energisation sequencing.
8Commercially, APTRANSCO has avoided reopening cost or risk clauses, signalling confidence in its tender design.

OPTCL’s Basudevpur 400/220 kV EPC tender tests market depth after three bid-date extensions
8OPTCL’s flagship Basudevpur EPC package has crossed its third deadline reset without touching scope or risk allocation.
8The extensions quietly shift cost, validity, and execution pressure onto bidders already navigating OEM and ROW constraints.
8What this means for price aggression and future grid tenders is only beginning to surface.

RVPN extends bid deadlines twice on 220 kV NPH–VKIA turnkey transmission package
8A high-capacity 220 kV cable-plus-monopole project rarely gets time relief without giving something up.

UJVN’s Lakhwar hydro EPC tender stretches time, tests balance sheets, and quietly reshapes bidder risk appetite
8UJVN’s Lakhwar electro-mechanical EPC tender looks conventional on paper, but its timeline tells a different story.
8More than twenty bid extensions have transformed time itself into a filtering mechanism.

TNGECL’s Karur 15 MW solar-BESS tender opens financial bids
8A hybrid solar-storage tender in Tamil Nadu has formally crossed the financial bid stage Details

KEC International Limited details bribery-case overhang as “sub judice”; no update, no outcome stated

Feb 03: 8KEC International Limited’s CEO said there is “no particular update” on a “bribery case with Power Grid officials,” describing it as “sub judice” with hearings “not yet started.”
8The CEO says he has “no idea” what Power Grid will do.
Click on Reports for more. Details

Company updates

Feb 03: 8POWERGRID raises FY26 capex guidance to Rs 32,000 crore and capitalization to Rs 22,000 crore in investor deck. Click on Reports for more.
8Partial commissioning flagged: ACME unit cites GEDA certificate for 16 MW at Garambhadi, Sayla. Click on Reports for more.
8Orient Green’s subsidiary signs Rs. 85.05 crore EPC for 9.9 MW wind in Tamil Nadu. Click on Reports for more.
8Ujaas Energy says CMD Shyamsunder Mundra died on Feb 1; promoter status to cease. Click on Reports for more.
8CLN Energy grants 1,60,046 ESOP 2025 options; five-year exercise window stated. Click on Reports for more.
8K.P. Energy reports Q3 FY26 revenue Rs 347.6 crore; order book pegged at 2.18 GW. Click on Reports for more. Details

Dry bottom ash systems tendering: Patience becomes a qualification filter

Feb 03: 8Across large coal-based projects, promoters are increasingly tolerating longer tender cycles to preserve qualification and risk frameworks rather than dilute them. 
8This aligns with tighter post-award governance and lower appetite for claims-heavy EPCs Details

Download tenders and newclips

Feb 03:  For reference purposes the website carries here the following tenders:
8Tender for upkeeping and routine maintenance of air preheater Details
8Tender for operation and upkeeping of unit II boiler Details
8Tender for annual overhauling work of TG set Details
8Tender for procurement of fasteners and studs for auxiliaries Details
8Tender for supply, installation, testing and commissioning of one 8-passenger or above capacity elevator Details
8Tender for procurement of spares for bottom ash hopper and eccentric crusher Details
8Tender for procurement of working and lube oil cooler assembly Details
8Tender for procurement of spares for ESP internals Details
8Tender for procurement of spares of CW pump Details
8Tender for procurement of spares for UF membrane for DM plant Details
8Tender for procurement of different size of knife edge gate valves installed Details
8Tender for work of construction of 1x33kV bay Details
8Tender for supply of pipes & bend Details
8Tender for construction of new retaining wall at coal stockpile Details
8Tender for assistance in jobs of electrical planning section and collection, loading, un-loading and transportation of HT motors Details
8Tender for providing and laying waterproofing treatment of various Details
8Tender for regular civil maintenance works in main plant and other infrastructure Details
8Tender for gas compressors replacement project Details
8Tender for HT & LT line extension, improvement and maintenance works Details
8Tender for Bi -annual rate contract for restoration work of various 132kV & 220kV class transmission lines Details
 
8Tender for HT & LT line extension, improvement and maintenance works Details
 
8Tender for fabrication, supply, erection and commissioning of top base frame structure assembly Details
 
8Tender for supply, erection, and commissioning of 300 NB M.S. seamless pipe Details
 
8Tender for providing take of structure, structural plinth, water supply arrangements Details
 
8Tender for supply, erection, dismantling of deteriorated/corroded 200 NB pipe Details
 
8Tender for HT & LT line extension, improvement and maintenance works Details
 
8Tender for work of fault attending work 15 MVA, 66/11kV transformer Details
 
8Tender for work of replacement of earth wire on 66kV line Details
 
8Tender for supply and works related to implementation of automatic generation control Details
 
8Tender for supply of varios types of valves for 200KHI boiler feed pump Details
 
8Tender for annual maintenance work Details
 
8Tender for procurement of fabricated and cantilever racks Details
 
8Tender for Bi-ARC for the emergency restoration of power of 66kV, 132kV & 220kV transmission line Details
 
8Tender for annual maintenance work Details
 
8Tender for supply of transformer oil at 220kV sub-station Details
 
8Tender for annual maintenance work Details
 
8Tender for supply, retrofitting and commissioning of 6.6kV VCB Details
 
8Tender for renovation of 33/11 kV 2/10 MVA DSS Details
 
8Tender for one-time calibration of SCADA based compressive testing machine Details
 
8Tender for bi-annual Up-keeping of switchyard Details
 
8Tender for fabrication, supply and erection of steel liner Details
 
8Tender for empanelment of electrical contractors Details
 
8Tender for ARC for the work of running, operation and maintenance of sewerage and storm water pumps Details
 
8Tender for erection of substation electrical structures and installation of equipments and other related electrical works Details
 
8Tender for construction of 400 kV D/C transmission line with twin HTLS conductor equivalent Details
 
8Tender for biennial maintenance contract for boiler non pressure part Details
 
8Tender for biennial civil maintenance work Details
 
8Tender for procurement of LED luminaries for different Details
 
8Tender for providing & fixing of chain link fencing Details
 
8Tender for work for replacement of breaker/ CT/ PT/ ISO/ LA/ 11kV panel Details
 
8Tender for supply of electrical actuator for feed control valve Details
 
8Tender for miscellaneous civil works Details
 
8Tender for maintenance of emergency 11 kV lines Details
 
8Tender for work of complete overhauling and routine maintenance / BTF work of boiler Details
 
8Tender for supply, dismantling, installation and commissioning of shaft with hub for 165000 CFM capacity Details
 
8Tender for operation and maintenance power house / power plant Details
 
8Tender for bi annual maintenance contract (Bi-AMC) for work of refilling & providing new spares Details
 
8Tender for work of providing and fixing of high voltage busbar insulation tape & heat shrinkable busbar insulation tubing Details
 
8Tender for annual transportation of 10M/270KG PSC poles Details
 8Tender for supply of nut bolt for rectification work in 765kV D/C transmission line Details
  
8Tender for survey, installation, testing and commissioning of 11kV line Details
  
8Tender for maintenance contract for 400/220/132 kV EHV lines ground Details
  
8Tender for maintenance contract for 400/220/132 kV EHV lines Details
  
8Tender for balance works for upgradation of control room renovation of cable trench slab Details
  
8Tender for maintenance contract for 400/220/132 kV EHV lines ground/routine/tripping/break down/top/night patrolling and maintenance Details
  
8Tender for maintenance contract for 400/220/132 kV EHV lines Details
  
8Tender for procurement of LP turbine Details
  
8Tender for line work of HT/LT line Details
  
8Tender for manufacture, testing, supply & delivery of 750 MT hot dip galvanised GI nuts bolts, step bolts and EG spring washers Details
  
8Tender for work of second circuit stringing along with end bays Details
  
8Tender for electrical works Details
  
8Tender for rate contract (RC) for the procurement of AIO PCs Details
  
8Tender for work of chemical washing of insulator strings Details
  
8Tender for work of overhauling of various make OLTC’s diverter switch (220/132/110 kV class) of ICT’s & T/F's at various Details
  
8Tender for supply of hardware for LT shackle insulators Details
  
8Tender for rate contract for repair of 33 kV and 11 kV CT-PT sets Details
  
8Tender for day to day repair of roofs and floors against leakages, pressure grouting for arresting Details
  
8Tender for annual maintenance contract for DCS system Details
  
8Tender for day to day repair and maintenance of steel structural works Details
  
8Tender for annual contract of hydro water jet cleaning of turbine condenser Details
  
8Tender for annual maintenance contract for servicing or overhauling of LT air circuit breaker Details
  
8Tender for non-comprehensive annual maintenance contract for symphony melody and symphony plus series DCS systems Details
  
8Tender for supply of material, erection, testing & commissioning (including civil works) of 33/11 kV indoor AIS substation Details
  
8Tender for annual maintenance contract of ash dyke Details
  
8Tender for LT reconductoring under exchange transformer Details
  
8Tender for supply of poles A type GI 11m and 12 m Details
  
8Tender for carrying out dyuthi 2.0 HT works Details
  
8Tender for annual contract for operation and maintenance of on line coal sampler Details
  
8Tender for overhauling of different LT motors Details
  
8Tender for renovation of control room along with fencing and other allied civil maintenance works Details
  
8Tender for renovation of control room switchyard Details
  
8Tender for supply, installation, testing and commissioning of 220V 300Ah plante type lead acid flooded stationary battery bank Details
  
8Tender for procurement of 10MVA, 66/33 kV and 66/11 kV power transformer Details
  
8Tender for procurement of 33kV isolators. Details
  
8Tender for procurement of 400 kV and 220 kV pantograph isolators. Details
  
8Tender for supply of various type material of 33/11 kV substation Details
  
8Tender for supply of various type material Details
  
8Tender for supply of various type material of 33/11 kV substation Details
  
8Tender for meter reading, bill preparation, bill distribution Details
  
8Tender for meter reading, bill preparation, bill distribution, and supervision of the work Details
  
8Tender for construction of 11 kV line for providing Details
  
8Tender for meter reading, bill preparation, bill distribution Details
  
8Tender for meter reading, bill preparation, bill distribution, and supervision of the work Details
  
8Tender for meter reading, bill preparation, bill distribution Details
  
8Tender for replacement of 11 kV ACSR to AAAC Details
  
8Tender for work for second circuit stringing on existing 132 kV SCDC line Details
  
8Tender for procurement of numerical protection relay retrofitting kit Details
  
8Tender for supply of vibrating screen assembly with motor for primary crusher Details
  
8Tender for replacement of various high energy drain valves, steam/feed water lines Details
  
8Design, supply, installation, testing, commissioning including dismantling, replacement of control and relay panel for 66kV line feeder & transformer feeder Details
 
You can also click on Tenders for more
 
For reference purposes the website carries here the following newsclips:
 
8Record renewables, weak links: India’s twin last-mile problem Details
 
8India’s energy balancing act Details
 
8India auctions 136 coal blocks since 2020 under Niti Aayog guidelines, boosting revenue and jobs Details
 
8Budget 2026: Coal freight, AC 3-tier may throw Rlys' FY26 revenue off track Details
 
8Thermal anchors grid reliability as renewables drive power capacity in FY2027: India Ratings Details
 
8Power Grid's india energy transition role amplified Details
 
8Budget 2026 Reactions: Views of clean energy industry stakeholders Details
 
8South Korea’s GS E&C enters India’s renewable energy market with 12.75 MWp open-access solar project Details
 
8Solar power allocation up 32% at Rs 30,539 crore Details
 
8GK Energy announces strategic expansion into retail solar rooftop systems sector Details
 
8Industry expects India-US trade deal to boost solar exports Details
 
8Waaree, Suzlon, Adani Green and 5 other green energy stocks jump by up to 14% today; Here’s why Details
 
8Cautious Monday: Nifty ends above 25,000, Sensex jumps 940 points – here are key highlights Details
 
8Coal India leadership changes reflect sector shift Details
 
8Orient Green power unit secures Rs 85.05 crore EPC contract for 9.9 MW wind project in Tamil Nadu Details
 
8200 units of free power for 2.23 lakh J&K families: J&K LG Sinha greenlights NC’s big poll promise Details
 
8India’s solar sector welcomes Budget measures to support local PV manufacturing Details
 
8Tata Power Renewable Energy commissions 198 MW wind project in TN Details
 
8Driving Change: Draft NEP 2026 proposes the next phase of sector reforms Details
 
8Budget 2026-27: Govt to restructure PFC, REC as part of NBFC reform push Details
 
8Easing Compliance: MoP releases draft Electricity (Amendment) rules, 2026 for captive power projects Details
 
8Balancing the Grid: CEA roadmap for scaling up pumped storage Details
 
8India Installs over 5.28 crore smart meters under RDSS to boost power sector efficiency Details
 
8Coal India production, offtake fall as power sector demand weakens Details
 
8Structural Shift: Key trends and new discom strategies to improve costs and efficiency Details
 You can also click on Newsclips for more Details

Miscellaneous Update: Part II

Feb 03: Contents 8HPX sets Rs 9,000/MWh ceiling for Tamil Nadu Genco-Discom’s 400 MW April reverse auction. Click on Details for more.

8HPX sets Rs. 6,200/MWh ceiling for Tamil Nadu Genco-Discom’s 200 MW April overnight reverse auction. Click on Details for more.

8PXIL opens 400 MW Tamil Nadu discom reverse auction for April evening supply, minimum bid 20 MW. Click on Details for more.

8TANGEDCO seeks 200 MW April night power on PXIL; bids open till Feb 4, 11:00 am. Click on Details for more.

8Acme Solar doubles BESS target to 2 GWh by Q4FY26 to chase peak–off-peak arbitrage. Click on Details for more.

8PL keeps BUY on NTPC with Rs.423 target as Q3FY26 adjusted PAT rises ~1% YoY. Click on Details for more.

8Tripura extends deadline for TPGL Director (Technical) appointment applications. Click on Details for more.

8Defence revenue share at Solar Industries rises to ~22% in H1FY26; ICRA reaffirms A1+ and doubles CP limit. Click on Details for more.
Details

CSE Deccan Solar has a flags 12-year lock-in vs 19.75-year debt tail

Feb 03: 8How will the company handle it?
Click on Details for more.
Details

ReNew Wind Energy (TN2) PLF slip to 21.2% in H1FY26 despite NTPC-backed Rs.4.66–4.80 tariffs

Feb 03: 8PLF is declining to 22.6% in FY25 (24.1% FY24) and 21.2% in H1FY26 (22.2% H1FY25), with FY26 generation expected to remain subdued around ~22%. 
8There is no signal yet of any operational remediation beyond expectation of a return to long-term trends from FY27 onwards. The project’s revenue is entirely locked under 25-year PPAs with NTPC Limited (NTPC)
Click on Details for more.
Details

Solar’s trillion-dollar surge exposes widening divide between capital-rich and capital-poor regions

Feb 03: 8Battery deployment is rising alongside solar, supporting energy shifting and peak management. Solar-plus-storage is moving from pilot phase to mainstream procurement model. Markets are beginning to price firm renewable power.
Click on Details for more
Details

Coal demand from thermal plants crosses 1-billion-tonne mark after post-pandemic surge

Feb 03: 8After two consecutive years of decline, utility coal offtake surged. The data signals that grid-connected utilities, not industrial captive users, are now driving incremental coal logistics pressure. This expansion locks the power system into sustained high coal throughput. The trend also hints at tightening rail and mining infrastructure stress as dispatch volumes approach structural limits.
Click on Details for more
Details

Solar surge masks structural churn in India’s under-construction renewable pipeline

Feb 03: 8The shift toward solar-heavy additions increases future daytime oversupply risk and deepens the system’s need for storage and flexible balancing resources.
8Regulators and grid planners may soon face rising curtailment management and scheduling complexity as this solar-heavy capacity begins commissioning.
Click on Details for more
Details

India’s winter demand surge pushes coal fleet back to high utilisation while renewables continue expanding

Feb 03: 8Thermal generation absorbed most of this increase, with all-India coal PLF rising sharply from 59.01% to 66.17%, signalling a strong return of baseload dispatch. Peak demand climbed by nearly 17 GW month-on-month, yet the system maintained virtually zero peak shortage, reflecting improved reserve margins and grid coordination.
Click on Details for more
Details

EV charging demand dips at public stations while private and depot charging accelerates across India

Feb 03: 8The data signals a structural transition in India’s EV power demand geography rather than a slowdown in electrification
Click on Details for more
Details

Regulatory Updates: Part I

Feb 03: 8Kerala regulator sets February hearing for FY25 tariff proceedings Click on Details for more

8GERC cracks grid-access deadlock, orders DGVCL to sign MSME solar pact in 3 days Click on Details for more

8TNERC hearing slate signals compliance crackdown across Tamil Nadu power ecosystem Click on Details for more

8CERC monetises stranded Essar link as RE backbone, clears delayed tariff recovery Click on Details for more

8Tariff lands 21% below regulatory cost benchmark: CERC locks in sub-norm tariff for Mandsaur renewable evacuation grid link Click on Details for more Details

Regulatory Upadate: Part II

Feb 03: 81) Delhi regulator cuts Tata Power Delhi Distribution’s PPAC ask, allows 7.24% till 30 April 2026 Click on Details for more
 
82) BSHPCL true-up hearing turns on a late capex question Click on Details for more
 
83) Kajra 185 MW solar with 282 MWh BESS tariff case risks ex-parte track as discoms stay absent Click on Details for more
 
84) Bihar ERC advances SLDC capex approval case after notice; no public objections received Click on Details for more
 
85) Uttarakhand regulator opens clock for ToD solar vs non-solar hours concept Click on Details for more
 
86) West Bengal regulator extends tariff regulations consultation deadline Click on Details for more
 
87) MERC’s MSEDCL tariff review hearing draws 180+ objectors, speaker list locked by 27 Dec 2025 Click on Details for more
 
88) APERC opens APTRANSCO FY25 resource-plan performance works to objections before 13 Feb 2026 Click on Details for more
 
89) DISCOMs must adjust LT consumers’ leading reactive energy charges after APERC blames capacitor-driven kVARh spike Click on Details for more Details

Miscellaneous Update: Part I

Feb 03: 8Powergrid lifts FY26 capex plan as storage and global expansion accelerate Click on Details for more

8Powergrid moves to withdraw government nominee director after MoP disinvestment directive Click on Details for more

8Coal ministry expands contract hiring to strengthen mine monitoring and legal oversight. This strengthens oversight during a period of accelerated mine operationalization. States and central ministries will see closer engagement Click on Details for more

8India’s coal block allocation map widens as auctions extend into new year. Allocation of blocks has steadily shifted from captive power and industrial end-use toward commercial sale-of-coal mining Click on Details for more

8SCED redispatch widens national pool deficit as northern coal units surge and southern fleet backs down in December Click on Details for more

8India’s solar park engine shifts from construction mode to commissioning surge in Q4 2025 Click on Details for more

8Concentrated Solar Power (CSP) growth has stalled after early expansion Click on Details for more

8BESCOM activates consecutive FPPCA revisions, tightening monthly consumer cost alignment Click on Details for more

8CESC tightens field accountability with grievance, inspection and service enforcement push Click on Details for more

8APSPDCL: FPPCA cap blunts full cost pass-through as APPC rises across November–December 2025 Click on Details for more

8Koradi transmission unit publishes apprentice merit list, begins verification window Click on Details for more Details

Power Committee Updates

Feb 03: 8WR transmission is getting costlier - but the real story is the RTDA “discipline cliff” in Madhya Pradesh and DNHDDPDCL Click on Details for more

8TPTCL’s transmission-deviation bill is small in the eastern region-but the pattern screams “discipline by default, then a single relapse,” with Deemed-GNA assumptions quietly doing the heavy lifting Click on Details for more

8Bihar’s transmission bill jumps hard as Eastern Region cost-weight shifts-Odisha follows, while West Bengal quietly de-risks Click on Details for more

8January’s DC shock in the East: JIPL steps up hard, MPL flips from “middling” to “must-run”-but the schedule gap widens where it matters Click on Details for more

8Jan 2026 opens with a billing-heavy grid in the East: transmission cost allocation tightens even as waivers swing wildly across the same system that’s still rewriting its demand shape Click on Details for more

8NER’s transmission bill steps up again - and the real tell is not Assam’s dominance, but Manipur’s sudden leap and the HVDC waiver shock Click on Details for more

8From audit fatigue to protection Failure: NER’s grid governance stress-test deepens Click on Details for more

8Southern Grid Under Stress: When RE variability, transmission delays, and discipline slippage collide Click on Details for more

8January’s “availability rebound” is real in the South - but it’s turning the market into Telangana’s pressure-release valve Click on Details for more Details

Market Round-up

Feb 03: 1) Tiny real-time volume hits price ceiling, exposing liquidity gaps
8On 2026-02-02, one RTM window cleared just 190.00 MWh but printed Rs 10.00/kWh MCP.
Inference: A thin order book can “gap” to the ceiling even when the broader RTM market clears far lower (Rs 3.58/kWh), making price discovery fragile.
Why it matters: Liquid price spikes distort balancing benchmarks and can inflate procurement costs for discoms relying on RTM for last-minute corrections.

2) Evening frequency peak crosses 50.17 Hz as excursions stack up
8On 2026-02-02, instantaneous frequency hit 50.174 Hz; the day logged 134 excursions above 50.03 Hz.
Inference: The excursion count alongside a 49.990 Hz average suggests repeated short control actions rather than one prolonged imbalance.
Why it matters: Persistent frequency excursions increase control stress, raise reserve deployment needs, and signal tighter balancing margins than headline averages imply.

3) System leans hard on downward balancing: 53.77 GWh absorbed in reserves
8On 2026-02-02, SRAS+TRAS Down totalled 53.77 GWh, dominated by downward TRAS dispatch.
Inference: Sustained down-dispatch points to prolonged surplus absorption or constraint-driven backing down, not a short mid-day correction.
Why it matters: Heavy downward balancing suppresses generator realisations and may mask congestion or scheduling stress that can later reappear as price volatility.

4) South shows “zero shortage” - but one state carries a deep forecast miss
8On 2026-02-02, the region reported zero shortage, yet one state logged a double-digit negative day-energy forecast deviation.
Inference: The mismatch suggests balancing via deviations and imports rather than accurate scheduling.
Why it matters: Hidden forecast gaps shift costs into deviation settlements and imports, undermining the credibility of “no-shortage” comfort signals.

5) Grid “continuous outages” aren’t short - over 70 elements out for a year
8The outage sheet lists 70+ transmission elements with outage start dates more than a year old.
Inference: This reflects embedded derating or project delays rather than routine maintenance cycling.
Why it matters: Long-duration outages reduce contingency headroom and make the grid structurally more vulnerable to cascading risks during peak stress.

6) Day-ahead price whipsaws: MCP jumps 19% as buy interest surges
8DAM MCP rose from Rs 2.67/kWh to Rs 3.18/kWh in one day (+19%), alongside a sharp rise in purchase bids.
Inference: Higher buy appetite with a higher clearing price suggests tighter flexible supply or reduced marginal availability.
Why it matters: Rising DAM prices directly raise discom procurement costs and increase hedge value for generators with flexible capacity.

7) Real-time price premium widens: RTM jumps 26% in a single day
8RTM MCP climbed from Rs 2.84/kWh to Rs 3.58/kWh day-on-day (+26%).
Inference: Stable traded volumes with a sharp price rise point to stress in marginal flexibility rather than aggregate demand growth.
Why it matters: Costlier RTM corrections penalise forecast errors and increase balancing risk for discoms and open-access buyers.

8) Reactive power workarounds persist as key 400 kV lines remain open
8Multiple 400 kV transmission lines remain deliberately open for months to manage voltage.
Inference: This indicates structural reactive power or voltage control limitations, not short-term operational adjustments.
Why it matters: Prolonged topology-based voltage control reduces transfer flexibility and weakens resilience during high-stress grid events.
Click on Details for more
Details

Daily forward looking import matrices

Feb 03: It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days.
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8LPG
8Ammonia
8Coal & Coke
8All tankers
8Bulk and Dry cargo
Click on Reports for more. Details

REC tightens transmission risk screws in Ryapte 2000 MW solar park evacuation tender

Feb 02: 8REC’s Ryapte evacuation tender looks routine only at first glance.
8Beneath the tariff-based bidding lies a tightly wound structure that concentrates execution, financial, and integration risk on a single entity.
8The qualified bidder list shows who is willing to shoulder that burden — and who is not. Details

TNPDCL’s 20,000 km AAAC rabbit conductor tender draws 30 qualified bidders, sharpening focus on price discipline

Feb 02: 8A single conductor size has attracted thirty technically qualified suppliers in TNPDCL’s latest procurement.
8With no attrition at the technical stage, the entire contest shifts to the price envelope.
8The result will signal whether competition enforces efficiency or erodes margins. Details

Owner draws a hard compliance line at technical opening for its 33 MW rooftop solar programme

Feb 02: 8This rooftop solar tender looks routine until the bid-opening sheet is read closely.
8One bidder was eliminated before technical scoring even began, not on technology but on financial discipline.
8That single exclusion reveals how Rajasthan’s rooftop solar procurement is quietly being reshaped.
Details

Synergy quietly deepens its bet on GMR Power through preferential allotment

Feb 02: 8A fresh equity infusion lifts Synergy’s stake in GMR Power and Urban Infra beyond 12%, underscoring a preference for negotiated capital over open-market buying. The move strengthens the balance sheet, but comes with clear dilution for existing shareholders.
Click on Details for more.
Details

Company updates

Feb 02: 8Adani Green files “further update” on SEC civil case in EDNY; stresses company not a party, contest jurisdiction. Click on Reports for more.
8Alfa Transformers approves Q3 unaudited financials. Click on Reports for more.
8Jindal Steel’s 31 January earnings-call recording goes live online. Click on Reports for more.
8PFC loses executive director Raj Kumar Malhotra to superannuation. Click on Reports for more.
8POWERGRID exits PTC board seat; gives up promoter rights. Click on Reports for more.
8Adani Power puts January 2026 investor decks online, in INR and US. Click on Reports for more.
8NHPC swaps an ED: Rajat Gupta exits Jan 31; Anish Gouraha in Feb 1. Click on Reports for more.
8Solarium’s Rs 50 crore HDFC term loan tagged CARE BBB-; stable with repayments starting January 2026. Click on Reports for more.
8KP Green Engineering claims manufacturing milestone but keeps contract specifics undisclosed. Click on Reports for more.
8Reliance Infrastructure board filing pairs earnings with ED attachment and SEBI/SFIO actions disclosure. Click on Reports for more.
8Hyderabad Jabilli buys 3,30,90,668 GMR Power warrants in preferential allotment. Click on Reports for more.
8Sterling and Wilson receives full Rs 143.12 crore indemnity payment from Shapoorji Pallonji. Click on Reports for more.
8High Energy Batteries flags board actions. Click on Reports for more.
8Jindal Steel synchronises 1,050 MW power plant revival, Angul expansion stays on track. Click on Reports for more.
8Adani Green Energy pitches Khavda 30 GW renewable park scale, 7.7 GW already operational. Click on Reports for more.
8Adani Renewable Energy Holding Eleven incorporates Windrix Energy as 100% step-down subsidiary. Click on Reports for more.
8Resurgent-led Tata Power JV delivers Mainpuri transmission corridors after stressed-asset acquisition. Click on Reports for more.
8Adani Ports breaches sovereign ceiling with JCR A- rating: Reinforcing its funding access and balance sheet positioning, while leaving future issuance or leverage decisions unaddressed here; group cre. Click on Reports for more.
8JCR initiates Adani ratings with stable outlook; APSEZ flagged as above-sovereign: APSEZ 1.8x net debt/EBITDA and Rs 19,025 Cr FY25 EBITDA cited. Click on Reports for more.
8NHPC Limited declares Subansiri Lower Unit 3 (250 MW) commercial from 01 Feb 2026 midnight. Click on Reports for more.
8Ministry memo backs management control shift at PTC India toward NTPC, subject to AoA amendments. Click on Reports for more.
8NTPC uploads analyst call audio link after Q3 results discussion. Click on Reports for more.
8ACME Solar signs 25-year NHPC PPA for 250 MW FDRE project; capex pegged at Rs 3,700 crore. Click on Reports for more.
8ACME Solar’s Q3 FY26 call audio uploaded. Click on Reports for more.
8Reliance Power Limited (RPOWER) faces subsidiary going-concern stress as Rs 42,398 lakh impairment remains unassessed as it disputes Rs 1,66,252 lakh guarantee demand as SMPL arbitration continues. Click on Reports for more.
8Indowind Energy lines up up to USD 70 million overseas raise as 9M EBITDA rises 29.4% seeks shareholder nod to raise borrowing powers to Rs1,500 crore. Click on Reports for more.
8Reliance Power files security cover certificate for Rs 250 crore NCDs; auditor confirms asset coverage statement. Click on Reports for more.
8IEX directs investors to Q3 FY26 earnings call recording hosted on its website. Click on Reports for more.
8Amravati plant runs at 79% PLF, but RattanIndia Power’s change-in-law payments remain pending as it swings to Rs 52.76 crore Q3 profit while EBITDA rises 60% QoQ. Click on Reports for more.
8G.G. Tronics ties Rs 433 crore KAVACH order to 11-year AMC priced at 3% per annum from year five. Click on Reports for more.
8Power Mech Projects Limited parked Rs. 142.92 crore QIP balance in deposits as washery spends lag. Click on Reports for more.
8K.P. Energy Limited’s 99 MW Bhuj LOA ties execution to NTPC Phase-II technical specifications. Click on Reports for more.
8CLN Energy discloses subsidiary CLNGreen; 51% stake. Click on Reports for more.
8RRIL promoter’s pledge tied to 2.5x security cover on NCD principal. Click on Reports for more.
8Solar Industries wins INR 830 crore defence export orders, deliveries spread over 4 years. Click on Reports for more.
8KEC International Limited lifts order book & L1 to over Rs. 41,000 crore; largest Rs. 1,050 crore T&D order cited. Click on Reports for more.
8Company official in custody: KEC International Limited flags chargesheet and court cognizance; impact “not determinable. Click on Reports for more.
8Orient Electric: BEE fan norms trigger destocking pain before benefits arrive. Click on Reports for more.
Details

Contracting news for the day: Part-1

Feb 02: This 765–400–220 kV upgrade quietly raises the bar for ICT-centric EPC execution
8The new tender looks routine on the surface but hides several structural signals.
8The way value, risk and accountability are packaged reshapes who can realistically bid.
8The real story only emerges once you read beyond the portal listing.

KPTCL folds GIS ambition and underground risk into a single high-stakes urban substation package
8KPTCL has quietly raised the bar on who can play in Bengaluru’s next wave of substation expansion.
8A single tender now stitches together GIS precision, underground cable risk, and a Rs 1.9123 crore entry ticket.
8The real story lies in what this structure signals about KPTCL’s future contracting philosophy.

Solar project uses the DPR tender to quietly hard-code risk discipline before EPC entry
8This tender looks routine, but its structure reveals a deeper shift in how solar project risk is being redistributed.
8By tightening accountability at the DPR stage, the promoter is reshaping who gets to define cost and performance truth.
8The implications will surface only when EPC bids hit the table.

60 MW / 150 MWh hydro-linked BESS portfolio rolled out under BOOT model across Uttarakhand
8This storage tender quietly reshapes how hydro assets are expected to perform in a flexible grid.
8The BOOT structure transfers more than just construction risk to developers.
8What it signals for future state-led BESS pricing is not immediately obvious.

TANTRANSCO raises the bar on KKNPP evacuation with a high-EMD, turn-key 400 kV line tender
8A 24 km transmission link tied to India’s most sensitive nuclear asset is being tendered with unusually sharp financial filters.
8TANTRANSCO’s structuring choices quietly reshape who can realistically bid.
8The implications for competition and risk allocation go far beyond a routine line package. Details

Contracting news for the day: Part-2

Feb 02: Five deadline extensions reshape bidder strategy in KSEB’s dhyuthi 2.0 Idukki turnkey distribution tender
8Five deadline extensions are rarely accidental in a turnkey distribution tender.
8They often signal more about bidder risk perception than about paperwork delays.
8In Idukki, KSEB’s patience may be the real story.

NTPC Green Energy extends bid timelines twice for floating solar-BESS EPC package
8NTPC Green Energy has again recalibrated the clock on its ABVTPS floating solar-plus-BESS EPC tender.
8The back-to-back extensions hint at deeper market calibration rather than routine administrative drift.
8What this signals about bidder readiness and hybrid EPC risk appetite is where the real story begins.

UJVN stretches the bid clock on Rs 158 crore Sirkari Bhyol Rupsiabagar hydro EPC without easing entry barriers
8A year-long bid extension is never just about dates.
8In UJVN’s flagship hydro EPC, time itself has become a filter and a pricing lever.
8What looks procedural may ultimately decide who can afford to compete.

DVC’s Rs 139 crore 132 kV reconductoring tender quietly raises the bar on capital strength and execution risk
8A routine reconductoring tender, on paper, masks a sharp recalibration of entry barriers.
8The numbers tell a story of consolidation, not just capacity upgrade.
8The real signal lies in who can afford to bid, not who wants to.

MSETCL’s Sakoli 400/220/132 kV AIS tender front-loads risk screening under TBCB
8MSETCL is no longer waiting for the RFP stage to discover execution risk.
8The Sakoli AIS tender quietly shifts the real contest to the pre-bid phase, where balance sheets and technical credibility matter more than price bravado.
8Who gets filtered out here may never reach the tariff table. Details

Contracting news for the day: Part-3

Feb 02: A rooftop solar tender in Leh quietly shifts residential solar into a BOT-driven risk regime
8A residential rooftop solar tender in Ladakh is being structured more like a utility concession than a subsidy scheme.
8A Rs 2.80 crore EMD and a five-year BOT obligation are doing the heavy lifting.
8The real story lies in how much risk the market is willing to absorb for a foothold in Leh.

SECI extends bid timeline for 700 MW Radha Nesda solar PV BOS tender without altering risk or financial thresholds
8SECI has quietly pushed out the bid deadline on one of its largest BOS solar tenders in Gujarat.
8The extension changes timing but leaves the Rs 33 crore entry barrier untouched.
8For EPCs, the signal is less about relief and more about endurance.

REC extends Musalgaon and Jalna transmission bid deadlines, prioritising auction depth over calendar certainty
8Two high-voltage Maharashtra transmission projects quietly receive deadline extensions within days of each other.
8The clauses changed are procedural, but the signal to bidders is strategic.
8What this does to tariff aggression becomes visible only at reverse auction.

RECPDCL pushes bid deadline for Shongtong–Tidong ISTS project, recalibrating auction timing without touching risk or tariff structure
8A late-stage amendment quietly resets the clock on one of the most complex hydro evacuation corridors under tariff-based bidding.
8The scope, securities, and risk transfer remain untouched, but the timeline tells a subtler story about bidder readiness and auction dynamics.
8The real signal lies not in what changed, but in what was deliberately left intact.

Thirty-four extensions later, the holds the line on risk in this green hydrogen transmission bid
8After thirty-four deadline extensions, the company has shifted the clock again on one of India’s most ambitious green hydrogen transmission projects.
8The scope remains untouched, the securities remain locked, and the schedule remains unforgiving.
8What this says about bidder appetite, tariff realism, and future hydrogen corridors is where the real story begins. Details

Miscellaneous Update: Part II

Feb 02: 8Jodhpur Vidyut Vitran Nigam Ltd: Why does it get such a lousy rating? give me paywall story. Click on Details for more.

8GMR Gujarat Solar Power: Module degradation and dramatic fall in tariffs comes back to bite. Click on Details for more.

8Rs 20,000 crore CCUS scheme and duty exemptions frame thermal power as “ESG-positioned”. Click on Details for more.

8REC top management change. Click on Details for more.

8Advanced Chemistry Cell Production Linked Incentive (ACC PLI) dramatically misses 50 GWh target as two-year “gestation period” for commissioning facilities is viewed as unrealistic ; zero payouts by October 2025. Click on Details for more.

8Power sector gets Rs 1000 crore BESS VGF + higher RDSS outlay + nuclear duty exemption till Sept 2035. Click on Details for more.

8BIS clears Ola 5.2 kWh residential storage unit after Jan 15 certification for 9.1 kWh. Click on Details for more.

8Anyday SSC-R auction 500 MW April 00:00–08:00 keeps extending if late L1 appears. Click on Details for more.

8DVC seeks 400 MW March evening supply via Anyday SSC-R, 5 MW minimum seller quote. Click on Details for more.

8NLDC sets all-India ISTS transmission loss at 4.26% for Feb 2–8 2026. Click on Details for more.

8TSECL waives contractor test-report submission for internal wiring up to 150 kW, deposits as per load. Click on Details for more.

8Rajasthan Urja Vikas PXIL auction for 500 MW April evening supply, bids close 2 Feb. Click on Details for more.

8HESCOM links Rs 74.54 crore power purchase cost drop to January consumer tariff adjustment. Click on Details for more.
 
Details

Jan 01: Details

Download tenders and newclips

Feb 02:  For reference purposes the website carries here the following tenders:
 
8Tender for operation and maintenance works of substation Details
 
8Tender for attending sheath damage of 132 kV IC x 630 sqmm aluminum conductor XLPE cable Details
 
8Tender for work of revetment at tower Details
 
8Tender for construction of 01 No. 132 kV bay at 132 kV S/S Details
 
8Tender for construction 01 No. 400/220kV 500MVA ICT GIS bay at 400kV GIS substation Details
 
8Tender for special repair works Details
 
8Tender for installation of addl. 100 KVA DTR Details
 
8Tender for award of contract for up gradation of existing 33/11 kV outdoor substation having PTRs Details
 
8Tender for empanelment of contractors to award a contract for survey, installation, testing and commissioning of 33kV line Details
 
8Tender for empanelment of contractors to award a contract for 33 kV line Details
 
8Tender for empanelment of erection contractors to award a contract for survey, installation, testing and commissioning of 11 kV line, 11/0.433 kV distribution transformer and LT line Details
 
8Tender for empanelment of erection contractors to award a contract for survey, installation, testing and commissioning of 11 kV line, ,11/0.433 kV distribution transformer Details
 
8Tender for balance works for upgradation of control room Details
 
8Tender for biennial work contract for round the clock routine / preventive / breakdown / emergency minor mechanical maintenance of various auxiliaries Details
 
8Tender for work contract for assistance in construction store related Details
 
8Tender for ARC for Mtc. of ash dyke A including manual channelization of ash slurry Details
 
8Tender for carrying out dosing of hydrogen nitrogen gas round the clock in 600 MW unit Details
 
8Tender for carry out running maintenance contract for HT/LT motors Details
 
8Tender for routine maintenance works on unit I II turbine auxiliary motors Details
 
8Tender for supply of LT shackle insulators Details
 
8Tender for supply of 33/11 kV 5.0 MVA power transformers Details
 
8Tender for manual unloading of indigenous coal from railway wagons and loading Details
 
8Tender for repairing of conv 1B motor of 220Kw Details
 
8Tender for ARC for hygienic cleaning of main plant Details
 
8Tender for construction of rain water harvesting system at 132kV substation Details
 
8Tender for leftover civil works Details
 
8Tender for fabrication and supply of hydraulic hoses of pedestal cranes Details
 
8Tender for servicing and maintenance of N2 suppression system installed Details
 
8Tender for operation of coal handling plant Details
 
8Tender for annual contract for rewinding/re-caging/ re-staggering and other repairs of HT motors   Details
 
8Tender for rate contract for engagement 03 nos safety supervisor for overhauling job of different plant Details
 
8Tender for supply and delivery of 1494 set of single tension hardware fittings Details
 
8Tender for replacement of weasel conductor Details
 
8Tender for setting-up of 15 MW/37.5 MWh battery energy storage system Details
 
8Tender for setting-up of 15 MW/37.5 MWh battery energy storage system Details
 
8Tender for setting-up of 30 MW/75 MWh battery energy storage system Details
 
8Tender for replacement of weasel conductor Details
 
8Tender for repair and restoration of spur at RD Details
 
8Tender for on-site cryogenic cleaning, heating and varnishing of generator of two units Details
 
8Tender for repair and restoration of spur Details
 
8Tender for providing service connection Details
 
8Tender for procurement of spare equipments for sub-station maintenance at 132kV GSS Details
 
8Tender for providing service connection Details
 
8Design, manufacturing, testing, supply and delivery of 100 No. numerical type power transformer differential relays Details
 
8Tender for bi-annual rate contract (Bi-ARC) for transportation of structure material, tower material Details
8Tender for R&M work of 220kV bus strengthening conversation of existing Details
8
Tender for work of rubber lining of various equipments, pipes and fittings Details
8Tender for operation and maintenance of valves for water distribution Details
8Tender for supply of worm gear set for coal mill Details
8Tender for supply of hoist spare Details
8Tender for manufacturing paver blocks of different shapes in precast yard Details
8Tender for work of erection of 66kV S/C line Details
8Tender for supply of 11/0.4 kV substation Details
8Tender for supply of 33 kV 800 AMP isolators Details
8Tender for supply of gas distribution screen for ESP system Details
8Tender for supply of primary air diffuser cone set for pulverized coal burner for boiler Details
8Tender for supply of modified LDO and LSHS oil guns with spares for boiler Details
8Tender for procurement of guided wave radar level transmitters installed Details
8Tender for supply of APH heating elements and APH seals Details
8Tender for procurement of pneumatic smart positioners Details
8Tender for procurement of spares for gas analyzer of continuous emission monitoring system Details
8Tender for supply of lube oil system spares Details
8Tender for supply of ceramic lined spool piece and coal bends for boiler Details
8Tender for supply of spares of hydraulic system of roller coal mill Details
8Tender for procurement of HEA igniters spark tips, HEA igniters rod, exciter box and HEA igniters cable Details
8Tender for shifting of 33 kV /HT/LT poles, lines, structures Details
8Tender for procurement of grinding elements for 883XRP bowl mill Details
8Tender for rate contract for different mechanical maintenance jobs Details
8Tender for earthwork excavation, stub setting, concreting, tower erection, stringing of panther conductor Details
8Tender for supply of VFDs for 4570 kW, 6.6 kV motor Details
8Tender for supply of 420 kV, 245 kV and 145 KV CTs for various substations Details
8Design, fabrication, supply, installation, testing, commissioning of on grid solar rooftop project with net meter and remote monitoring system, capacity of 300kW Details
8Tender for supply installation of street lighting system for illumination at ash dyke Details
8Tender for annual maintenance and meter reading Details
8Tender for annual maintenance and meter reading work Details
8Tender for construction of temp. bund along Details
8Tender for leasing of spare dark fibre of optical ground wire (OPGW) network Details
8Tender for preparation of the structure design and drawing ic electrification water supply sanitation plumbing and fire fighting arrangement etc Details
8Tender for carrying out routine and preventive maintenance of mill reject handling system Details
8Tender for supply, fabrication, erection of ERW 150NB pipe along Details
8Tender for bi-annual Up keeping/ housekeeping of control room, switch yard Details
8Tender for supply of M.S ERW coal discharge pipe Details
8Tender for supply, installation, commissioning and testing of new lighting system Details
8Tender for construction of protection wall Details
8Tender for laying of 3C 33kV 400 sqmm XLPE UG cable Details
8Tender for tit-bit civil renovation work Details
8Tender for laying of 3C 33kV 400 sqmm XLPE UG cable by microtunneling Details
8Tender for laying of 11 kV, 3Cx300 sq.mm. XLPE UG cable Details
8Tender for laying of 3C 11kV 300 sqmm XLPE UG cable Details
8Tender for supply of 9.0 M long PCC poles Details
8Tender for construction of 33 kV S/S Details
8Tender for renovation of 33 kV sub-station Details
8Tender for supply of butterfly valves rubber valve seal of make Fouress Details
8Tender for repair and maintenance of sanitary works Details
8Tender for supply of spares for turbine and TDBFP of unit Details
8Tender for requirement of various spares of dynamic classifier installed Details
8Tender for procurment of spare parts of BFV of various CW and ACW lines installed Details
8Tender for supply of spares for stacker reclaimer no 1 and 2, ring granulator Details
8Tender for work of providing & fixing electrical insulation, acid & alkali-proof synthetic insulating mat Details
 You can also click on Tenders for more
 
For reference purposes the website carries here the following newsclips:
 
8GCC begins direct power grid interconnection project with Oman to strengthen regional energy security Details
 
8Coal blocks to be allotted only through auctions: Govt Details
 
8Power consumption rises 3.8% to 142.74 billion units in January: Govt Details
 
8Gstar's solar module series first to achieve India's new BIS certification Details
 
8Defence, Railways, solar: did Budget 2026 live up to market expectations for these sectors Details
 
8Engineering projects (India) invites EOI For 250 MW solar PV project Details
 
8Tata Power, Adani Ports, RVNL and other stocks announcing results this week Details
 
8Studio Saar designs India’s largest and most sustainable printed circuit board factory in Madhya Pradesh Details
 
8Why transformers are the unsung heroes of India’s green revolution Details
 
8Reviving 200 legacy industrial clusters: India’s manufacturing sector gets “second wind” in union budget 2026 Details
 
8India renewables seek policy clarity, storage incentives in Union Budget 2026 Details
 
8Government considers merger of power finance corporation and rural electrification corporation Details
 
8Restructuring PFC & REC to improve credit flows, execution discipline in power sector Details
 
8Budget to enhance competitiveness; duty exemption on lithium batteries to aid EV sector: Industry Details
 
8Power sector PSUs' investments to rise nearly 19 pc to Rs 1.01 lakh crore in FY27 Details
 
8TCS on Coal, lignite doubled to 2% Details
 
8Gia Lai Electricity's 2025 net profit records 10-fold increase on wind power gains Details
 
8Solar stock hit 10% upper circuit with heavy volume because Details
 
8In a boost for renewable energy, Budget slashes duties for battery, solar sectors Details
 
8India Eyes NBFC consolidation for power sector scale Details
 
8Union Budget 2026: Sitharaman calls for restructuring of power finance corp, rural electrification corp Details
 
8Reforms In financial sector: govt to set up banking panel for Viksit Bharat Vision Details
 
You can also click on Newsclips for more Details

Jan 01: Details

Jan 01: Details

Thermal, hydro, pumped storage, solar, wind, BESS and T&D contract related activities of the day

Feb 02: 8Find a snapshot of thermal, hydro, pumped storage,
solar, wind, BESS and T&D contracts related updates for the day
Click on Reports for more Details

Jan 01: Details
  • Feb 04: Company Updates:Details
  • Feb 04: Parliamentary Briefs:Details
  • Feb 04: Miscellaneous Update: Part II:Details
  • Feb 04: UERC trims PTCUL’s 220 kV hybrid bay approval to Rs 10.64 crore from Rs 11.05 crore:Details
  • Feb 04: Download tenders and newclips:Details
  • Feb 04: Daily forward looking import matrices:Details