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Power sector: There is more capacity today than demand.   India moves to formalize freight carbon accounting backbone.  Hydro pipeline attrition stays locked at 6,147 MW as clearance, ecology and court constraints freeze movement into 2026.  Batteries in the hills: how they have upset LNG math in India.  CEA hydro backlog shrinks by 1,500 MW in January, but forest stage-II remains the dominant choke point.  Ministry of Coal Updates.  Power Committee Updates.  Market Round-up.  Miscellaneous Update: Part I.  Miscellaneous Update: Part II.  Company updates.  Regulatory Updates: Part I.  Daily forward looking import matrices.  Download tenders and newclips.  Rs. 254 crore award resets the pricing floor for GeM-based mining services.  OCM outsourcing tender: Quietly shifts production risk.  This GIS scope collapses substation and line energisation into one 18-month taking-over clock.  Kerala state electricity awards Rs. 674 crore turnkey distribution package.  Solar locks 1200 MW of firm solar-storage capacity under ISTS-XXI.   Thermal, hydro, pumped storage, solar, wind, BESS and T&D contract related activities of the day.  Storage classification triggers legal alarm.  Utility challenges CERC’s depreciation timeline for battery storage.  Battery ageing enters tariff battlefield.  CEA stays neutral on tariff draft but flags hydro definition gap.  Kerala: Utility braces for retirement surge exceeding 1,000 employees.  Telangana: Market purchases double approved benchmark cost.  CERC vs. Powergrid-I: There are many fault lines.  Company Updates.  Contracting news for the day: Part-1.  Contracting news for the day: Part-2.  Regulatory Updates: Part I.  Regulatory Upadate: Part II.  UPERC Regulatory Upadate.  CERC vs. Powergrid-II: High stakes game.  Market Round-up.  Miscellaneous Update: Part I.  Miscellaneous Update: Part II.  Power Committee Updates.  Daily forward looking import matrices.  Download tenders and newclips.  Download tenders and newclips.  NHPC’s Parbati-II tariff recovery curbed amid massive delay overhang.  Cummins India’s Flat Revenue Masks a Margin Boost — But the Driver Isn’t Clean.  Kerala moves to lock long-term power adequacy under binding planning rules.  Kerala mandates 24x7 supply, auto-compensation, and strict reliability tracking.  D.B. Corp’s rooftop solar push collapses.  Cross-border transmission asset locked into revised tariff discipline through 2029.  Northern grid disturbances shift from equipment failures to inverter-driven instability between December and January.  India’s grid absorbs a 5.5 BU winter demand surge without slipping into shortage.  Parliamentary Briefs.  Market Round-up.  Power Committee Updates.  Company updates.  Miscellaneous Update: Part I.  Miscellaneous Update: Part II.  Regulatory Updates: Part I.  Daily forward looking import matrices.  Download tenders and newclips.  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.  

Power sector: There is more capacity today than demand

Feb 10: 8Find out why today’s surplus hides tomorrow’s capital shock
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 India moves to formalize freight carbon accounting backbone

Feb 10: 8This signals a shift from fragmented corporate disclosures toward standardized, ISO-aligned reporting frameworks tailored to Indian operating realities. Heavy-duty trucks - already outsized contributors to both climate and air-pollution burdens - sit at the centre of this structural reform.
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Hydro pipeline attrition stays locked at 6,147 MW as clearance, ecology and court constraints freeze movement into 2026

Feb 10: 8The lack of movement between reporting dates suggests that these projects are structurally locked rather than temporarily delayed.
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Batteries in the hills: how they have upset LNG math in India

Feb 10: 8Find out what this new phenomenon is all about
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CEA hydro backlog shrinks by 1,500 MW in January, but forest stage-II remains the dominant choke point

Feb 10: 8Even as headline numbers fall, project remarks reveal that FC-II compliance has become the decisive final barrier, replacing EC and FC-I as the dominant gating stage.
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Ministry of Coal Updates

Feb 10: 1) India’s coal stripping ratio stabilises as public miners deepen excavation intensity
8Fresh company-level data shows public sector miners driving most of the rise in excavation depth, while private producers report a sharp reduction in stripping pressure.

2) Captive coal miners emerge as fastest-growing supply segment
8Their output has multiplied several times, outpacing growth from established public sector miners.

3) Coal growth deceleration suggests shift from expansion to consolidation
8The drop from double-digit growth to under 5% indicates a transition phase as the billion tonne benchmark is crossed. The industry may now be focusing on efficiency rather than rapid volume expansion.

4) Washed coal output rises despite sharp multi-year yield erosion
8Raw coal feed has climbed sharply, but yield has dropped from above 50 percent to the low-30 percent range before a partial recovery. This indicates that higher input volumes, rather than process gains, are driving output growth.

5) India’s coal growth story is now almost entirely opencast-driven
8Underground mining, once seen as a strategic long-term reserve builder, has shrunk both in volume and share.
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Power Committee Updates

Feb 10: 1) When a LILO breaks a nuclear assumption in India
8The Vapi LILO didn’t just reroute power - it invalidated a regulator-approved nuclear islanding scheme. NPCIL’s admission that KAPS-1&2 cannot island as designed is unusually candid and it exposes how fragile protection assumptions can be in a dynamically reconfigured grid.

2) WR’s Power Ancillary Economy Split Wide Open: SCUC pays out big, while coal fleets bleed in TRAS shortfall
8The structural tension is clear: reliability actions (SCUC) are creating concentrated payouts, while “discipline” actions (shortfall settlements) spread pain, and the same names keep surfacing across mechanisms-hinting at persistent behavioural and technical regimes rather than one-off volatility.

3) North Grid’s March risk isn’t “one big outage” - it’s the quiet stacking of hydro unit maintenance with late-month 765 kV corridor work
8The commercial lever is straightforward: when outages pile up, the value moves from “energy” to availability + corridor headroom-the week rewards whoever can stay online and flexible when everyone else is scheduled off.
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Market Round-up

Feb 10: 1) DAM clears at a premium to RTM as Monday demand rebounds
8DAM MCP jumped to Rs 3.20/kWh on 2026-02-09 while RTM was lower at Rs 3.06/kWh.
Inference: RTM softened because real-time balancing load was absorbed through system ramp (thermal + hydro) and net exports, even as day-ahead demand expectations lifted DAM bids.
Why it matters: a Rs 0.15/kWh DAM–RTM basis can reward day-ahead hedging and penalise late procurement.

2) A 07:15 frequency cliff hits during the morning demand surge
8All-India frequency fell from 50.07 Hz (07:00) to 49.83 Hz (07:15) as demand rose above 213 GW.
Inference: the drop lines up with a fast demand pickup while thermal and hydro were still catching up, before the next block’s stabilisation.
Why it matters: sharp frequency steps in the morning ramp signal tighter primary/secondary response needs outside the classic evening peak.

3) Wind drops precede weaker frequency, with a 1.5–2 hour lag signal
8Wind output slid ahead of a weaker frequency patch, with the strongest lagged link around 6–8 blocks.
Inference: using the 96-block SCADA table, frequency shows a negative correlation with wind at lag 7 blocks (|ρ|≈0.36), suggesting wind easing is followed by frequency softness later.
Why it matters: this is an early-warning handle for reserve scheduling when morning wind fades ahead of the demand ramp.

4) Ancillary dispatch skews heavily to down-regulation, signalling surplus management stress
8On 2026-02-09, TRAS down energy was -29,815 MWh versus only 4,903 MWh up; SRAS down was -8,510 MWh versus 5,521 MWh up.
Inference: the system spent more effort absorbing surplus (down) than sourcing shortage (up), consistent with high daytime solar and midday balancing.
Why it matters: persistent down-dispatch raises cycling risk and compensation questions for flexible fleets.

5) 400 kV planned outages cluster on a single day, concentrated in a few owners
855 transmission elements show outage start on 2026-02-09, dominated by 400 kV equipment (39 of 55) and led by one owner’s assets (21 entries).
Inference: this density of same-day high-voltage work compresses operational headroom and increases reliance on real-time balancing tools.
Why it matters: clustered outages heighten the probability of local constraints and redispatch costs even if inter-regional corridors look clean.

6) A major hydro-storage cluster reports unit unavailability at both ends of the day
8Two 250 MW hydro-storage units in Uttarakhand show outages logged at 00:24 and again near 19:44 on 2026-02-09.
Inference: flexibility loss around the evening peak window can shift burden to thermal ramping and ancillary reserves.
Why it matters: storage/hydro outages during peak hours can amplify price volatility and frequency excursions without showing up as “shortage.”

7) Zero reported peak shortage coexists with large state-level deviation balances
8Multiple states show zero peak shortage, yet large net underdrawals/overdrawals: Maharashtra -7.4 MU, Rajasthan -5.3 MU, Gujarat -3.3 MU on 2026-02-09.
Inference: “no shortage” at the reporting layer can still hide aggressive schedule management and balancing reliance at the state boundary.
Why it matters: deviation exposure can build even on “normal” days, shaping DSM risk and procurement behaviour.

8) Coal stock looks comfortable in aggregate, but the signal is blunt for risk spotting
8Linked plants’ aggregate coal stock is shown at 48,270.7 (‘000 tonnes) against a daily requirement of 2,120.95 (‘000 tonnes), implying ~23 days of cover as on 2026-02-08.
Inference: the headline “days” number can mask stressed pockets because it aggregates across regions and plants.
Why it matters: relying on the national average can delay recognition of local scarcity that later shows up as outages, import dependence, or higher balancing costs.
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Miscellaneous Update: Part I

Feb 10: 1) Rajasthan transmission utility defends Rs 1,800-crore asset additions amid cost scrutiny
8The case also signals tighter regulatory attention on hedging practices, cost overrun accountability and replacement capitalisation.

2) Dual power supply option opened for HT consumers with double fixed cost impact
8The amendment signals a regulatory tilt toward cost-reflective reliability provisioning rather than cross-subsidized redundancy.

3) HVPNL invokes no-work-no-wages rule ahead of nationwide power-sector strike
8The order signals that grid operations, especially at substations, are being treated as a continuity priority amid labour unrest.

4) Gujarat holds FPPAS steady at Rs.2.30/unit for second straight quarter
8The absence of revision indicates no recognised surge in fuel or power purchase costs (R7). This stabilizes billing predictability for non-agriculture consumers.

5) FPPA requirement drops nearly 70 percent in one quarter in Gujarat
8This represents a 4.25 percentage point reduction. The decline corresponds with lower APC and reduced variable cost (R2). Consumers face sharply reduced tariff adjustment pressure.

6) Renukaji dam land cases move into argument and order stages
8The latest cause list shows a transition from admission and reply filings toward arguments and even orders in select cases.
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Miscellaneous Update: Part II

Feb 10: BSES Rajdhani Power Limited gets rating watch negative on ED share attachment risk
8This means the facility risk is being reframed around financial flexibility and ownership uncertainty rather than distribution performance alone. Click on Details for more.

Withdrawal is an endpoint for transparency, not a clean bill of health
8It means stakeholders lose surveillance-based updates even if there is no information suggesting credit risk changed since the last review. Click on Details for more. Details

Company updates

Feb 10: Solar Industries India reports record Q3 revenue but faces growing reliance on low-margin segments
8Growth increasingly dependent on explosives and defence rather than traditional mining infrastructure. Click On Details for more.

The Tata Power Company Limited reports EBITDA growth while Mundra losses create a Rs 800 crore shadow
8Solar manufacturing profits soar but DCR cell requirements reveal localized supply vulnerability. Click On Details for more.

Sarda Energy & Minerals reports EBITDA growth but planned maintenance at Binjkot reveals a single asset risk
89M EBITDA Rs.1,672 crore, energy now defines two-thirds of group profits. Click On Details for more.

Premier Energies forms new EPC joint venture while delaying the acquisition of Ksolare and Transcon Ind
8Integrated solar player narrative setback as critical supply chain components remain outside control. Click On Details for more.

Sarda Energy & Minerals: Energy contributes two-thirds of EBITDA, turning the group story into a single-vertical bet
8Does diversification in metals/minerals look like legacy ballast? Click On Details for more.

G R Infraprojects’ income surged 60% QoQ, yet EBITDA margin stayed near 10%
8Headline growth paired with normalized margin narrative excluding exceptional costs. Click On Details for more.

Premier Energies takes control of a new EPC JV, shifting risk from manufacturing to execution
8Operating track record being bought is effectively zero. Click On Details for more.

EKI’s company secretary resigns
8Creates an immediate compliance continuity gap? Click On Details for more.

Panasonic Energy India quarter dominated by classification choice
8Loss driven by exceptional item, not gradual operating deterioration line-by-line. Click On Details for more.

NTPC Green Energy declared COD for 14.43 MW inside a 1,255 MW headline project
8Milestone incremental because slice is tiny relative to stated scale. Click On Details for more.

Genus Power Infrastructures’ 117% profit growth leans on discontinued operations exiting the base
8Revenue growth masks margin compression beneath higher execution volume. Click On Details for more. Details

Regulatory Updates: Part I

Feb 10: 1) Chhattisgarh clears CSPTCL dark fibre leasing with tariff offset mandate
8The decision also signals that asset optimisation will be welcomed only where consumer interest is demonstrably protected.

2) Chhattisgarh regulator clears pathway for industrial behind-the-meter solar expansion
8The ruling removes uncertainty for large energy users combining captive open-access solar with on-site installations.

3) CSERC relaxes feeder rule, clears captive solar open access for steel unit
8It signals a pragmatic balancing act between renewable promotion and feeder reliability.

4) Chhattisgarh sets FY26 renewable tariffs, anchors small hydro above Rs 7.5
8Small hydro projects see tariffs ranging above Rs 7.4 per unit, while sub-2 MW solar is benchmarked at Rs 3.39.

5) Tamil Nadu regulator lines up major tariff, surcharge and DSM battles
8The regulator has assembled a packed hearing roster that places distribution finances, renewable scheduling penalties, and legacy tariff disputes under simultaneous scrutiny.

6) CERC rejects inter-state power trader licence over non-appearance and incomplete filing
8The order adds to a growing pattern of tighter scrutiny around who gets to participate in the country’s increasingly complex electricity trading ecosystem.

7) CERC clears KPI Green Energy for national power trading entry
8The move also signals continued regulatory openness toward renewable-focused firms diversifying into power market intermediation.

8) CERC tightens change-in-law relief window for delayed transmission projects
8Transmission developers now face heightened scrutiny on whether delays dilute their cost-recovery rights.

9) CERC trims NHPC’s Greenshoe expansion, signals tighter control over FDRE tenders
8The order sends a signal that procedural innovations cannot bypass guideline architecture, even when market prices are competitive.

10) CERC tightens cost scrutiny in Southern transmission tariff reset
8The move affects both historical tariff truing-up and the next five-year tariff cycle, placing immediate compliance pressure on the transmission licensee.

11) Regulator rejects bulk of BYPL’s surcharge proposal
8The financial impact shifts part of the recovery to later regulatory proceedings.
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Daily forward looking import matrices

Feb 10: 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

Download tenders and newclips

Feb 10:  For reference purposes the website carries here the following tenders:
 
8Design, manufacture, testing, supply and delivery of complete set of aluminium based re usable emergency restoration system Details
 
8Tender for supply of coupler assembly for side arm charger Details
 
8Tender for construction of R.C.C. vaults at NSDF for storage of end fittings, garter springs and pressure tubes Details
 
8Tender for supply and installation of cold insulation Details
 
8Tender for transportation and liaisoning for movement of coal Details
 
8Tender for work of supply & installation of etal reflecting indication board Details
 
8Tender for laying of 33kV, 1x630 sq.mm XLPE UG cable Details
 
8Tender for replacement and repairing of existing wornout damaged Details
 
8Tender for laying of 33kV,1x630 sq.mm XLPE UG cable from Manali 33/11 kV SS double pole structure Details
 
8Tender for laying of 33kV,1x630 sq.mm XLPE UG cable from Gummidipoondi Sipcot Details
 
8Tender for laying of 33kV,1x630 sq.mm XLPE UG cable from the existing Details
 
8Tender for laying of 33kV,1x630 sq.mm XLPE UG cable Details
 
8Tender for comprehensive AMC for plant Details
 
8Tender for supply of various 415V IE3 LT motors Details
 
8Tender for work of various miscellaneous maintenance work for 2 X 250 MW boiler Details
 
8Tender for stringing ABC 25 sq.mm. for street main at various Details
 
8Tender for carrying out dyuthi 2.0 HT works Details
 
8Tender for development of distribution infrastructure Details
 
8Tender for construction of new 11kV covered conductor line Details
 
8Tender for procurement of 22000 liters transformer oil required during capital overhauling of 40 MVA/11/132 KVA generator transformer Details
 
8Tender for work proposal for round clock operation of fire tenders, mobile cranes Details
 
8Tender for misc. plumbing related civil maintenance work Details
 
8Tender for providing & fixing water tanks Details
 
8Tender for supply of feeder belt for 36" gravimetric feeder Details
 
8Tender for providing and fixing SS railing Details
 
8Tender for repair and maintenance of surge shaft Details
 
8Tender for construction of lab resting shed Details
 
8Tender for construction of room and repair of CGI sheet Details
 
8Tender for channelization work in downstream Details
 
8Tender for channelization work in reservoir Details
 
8Tender for construction of RCC bunker Details
 
8Tender for civil and hydro- mechanical (HM) works, including associated ancillary and enabling works Details
 
8Tender for laying of pipeline with thermal lagging Details
 
8Tender for dog to panther conversion of 66kV line by replacement of conductor Details
 
8Tender for biennial civil & sanitary maintenance work Details
 
8Tender for procurement, installation and commissioning of piezometers Details
 
8Tender for procurement of grinding element Details
 
8Tender for procurement of steel materials Details
 
8Tender for procurement of 350 MT liquid chlorine with related services Details
 
8Tender for procurement of radiator for WDS 6R locomotive Details
 
8Tender for annual maintenance contract (AMC) for electrical installation i.e fans, tube lights, switches Details
 
8Tender for dog to panther conversion of 66kV line by replacement of conductor, insulators Details
 
8Tender for work of erection of 66kV S/C link line on D/C panther tower Details
 
8Tender for supply, erection, testing & commissioning of 220 kV U/G cable laying at 220kV LILO both circuit of 220 kV line Details
 
8Tender for annual maintenance of work 33/11 kV sub-station Details
 
8Tender for shifting of cooling tower lightning arrester Details
 
8Tender for tower protection work Details
 
8Tender for procurement of parts of conductor hardware fittings and accessories Details
 
8Tender for job contract for application of ceramic fibre sealing Details
 
8Tender for supply and erection of new fills removal and disposal of old fills forstage 2 cooling tower Details
 
8Tender for supply of 11 kV metering unit of different rating Details
 
8Tender for supply of CI bends  Details
 
8Tender for operation & maintenance of 33 kV /11 kV substation Details
 
8Tender for maintenance of 33 kV /11 kV LT lines and substation Details
 
8Tender for maintenance of 33 kV /11 kV LT lines and substation and attending the consumers complaint at 33/11 kV sub-station Details
 
8Tender for civil renovation works for the civil structures Details
 
8Tender for supply, installation, testing and commissioning of centralized air-conditioning system Details
 
8Tender for small hydro electric project civil renovation works for the civil structures Details
 
8Tender for civil renovation works for the civil structures Details
 
8Tender for supply of 11kV, 1250A, 40KA VD4 type vacuum circuit breaker Details
 
8Tender for work of complete upgradation of existing ABB micro SCADA at 400kV switching substation Details
 
8Tender for work of painting of MS towers of EHV lines Details
 
8Tender for annual maintenance contract (AMC) for repairing/ servicing/overhauling of air conditioner installed Details
 
8Tender for various civil annual maintenance works for 132kV substation Details
 
8Tender for Bi- annual rate contract for restoration of various 132kV/220kV class transmission line Details
 
8Tender for Bi- annual rate contract for restoration of various 400kV class transmission line Details
 
8Tender for Bi- annual rate contract for restoration of various 66kV class transmission line Details
 
8Tender for repair, maintenance, and installation of plant/ systems/equipments Details
 
8Tender for work of construction of control room and other civil work at 33 /11 kV sub station Details
 
8Tender for work of construction of control room and other civil work Details
 
8Tender for work of construction of control room and other civil work at 33 /11 kV sub station Details
 
8Tender for transportation of H-beam and RS joist various size Details
 
8Tender for empanelment of contractors to award a contract for survey, installation, testing and commissioning of 11kV line, 11/0.433kV distribution transformer Details
 
8Tender for supply of gavanised plain and galvanised corrugated sheets for various Details
 
8Tender for supply and installation of software web portal and integrated mobile applications for an online monitoring system Details
 
8Tender for repair, maintenance and minor civil works Details
 
8Tender for shifting and diversion of 11 kV feeder with UG cable Details
 
8Tender for repair, maintenance and minor civil works Details
 
8Tender for supply installation commissioning and transportation of HS ST jointing kit for 1.1 kV 4core 300 and 185 sqmm cable Details
 
8Tender for repair, maintenance and minor civil works Details
 
8Tender for turnkey contract including design, supply and installation for bifurcation of 22 numbers of 11 kV feeders Details
 
8Tender for augmentation of 56 nos different 11 kV feeders by replacing the existing ACSR conductor Details
 
8Tender for operation and maintenance of 11 kV, LT lines and sub-stations Details
 
8Tender for construction of counterfort retaining wall Details
 
8Tender for dismantling of existing defunct DSL bus bars and supply, installation and commissioning of 1000A copper shrouded DSL bus bars for 150/30T EOT cranes Details
 
8Tender for annual maintenance of control and relay panels Details
 
8Tender for annual maintenance of battery bank, DC distribution system, station auxiliaries system, control & relay panels Details
 
8Tender for supply, installation & commisioning of one no 500KVA, 11/0.4kV copper wound transformaer with complete fittings and accessories Details
 
8Tender for annual maintenance of generator transformers, unit auxiliary transformers Details
 
8Tender for supply of different size of power cables and cable jointing kits Details
 
8Tender for supply of various CPVC pipes & fittings for chlorination plant Details
 
8Tender for work of providing second PT source for 132kV and 33kV voltage level Details
 
8Tender for augmentation of substation by providing additional T/Fs & replacement of T/Fs at of EHV substation Details
 
You can also click on Tenders for more
 
For reference purposes the website carries here the following newsclips:
 
8Bihar moves ahead with 190 MW battery-backed wind-solar hybrid power procurement Details
 
8Emerging economies drive global wind and solar growth Details
 
8India turns to US for coking coal as Australia's dominance wanes Details
 
8After coal and sand, illegal soil mining comes to light in West Burdwan Details
 
8Punjab electricity board engineers flag PSPCL’s ‘unrealistic’ power loss target Details
 
8Tata Technologies' WATTSync supports India's Battery Aadhaar digital identity Details
 
8NITI Aayog report urges bold energy reforms to achieve $30 trillion GDP by 2047 & Net Zero by 2070 Details
 
8Global Wind and solar project pipeline hits record 4.9 TW in 2025, driven by emerging economies: GEM Details
 
8NTPC Green energy commissions 14.43 MW solar capacity at Khavda-I project in Gujarat Details
 
8Meet the ‘next Waaree’: 2 hidden solar small-caps for your watchlist Details
 
8INOXAP commissions a PESO-licensed large package warehouse for specialty gases, at Tirunelveli Details
 
8PM Surya Ghar scheme: 5-day solar awareness camps in city begin today Details
 
8Rs 200 trillion investment: Tata Power and 7 stocks that will benefit from the national electricity policy Details
 
8Adani electricity marks road safety month with safety Oath Details
 
8India’s solar capacity crosses 140 GW, drives renewable energy growth into 2026 Details
 
8Ceigall India secures Rs 1,700 Crore solar and BESS project at Morena solar park Details
 
8SEIL Energy bags top honours at national power gen water management awards Details
 
8IES taskforce releases version 0.3 strategy & architecture documents Details
 
8India plans 97 GW new coal, lignite-based power capacity to meet rising demand Details
 
8Euler Motors ties up with Jio-bp to expand EV charging infra Details
 
8REC Limited wins ICC green urja, energy efficiency gold award Details
 
8India domestic coal growth cuts import Reliance  Details
 
You can also click on Newsclips for more Details

Rs. 254 crore award resets the pricing floor for GeM-based mining services

Feb 09: 8A Rs. 254 crore award has landed far below the rest of the competitive band, creating a 28–32% pricing gap in a risk-heavy mining services package. Details

OCM outsourcing tender: Quietly shifts production risk

Feb 09: 8This OCM tender looks like a routine handling-and-transport package, but it is actually a bundled production outsourcing contract. Details

This GIS scope collapses substation and line energisation into one 18-month taking-over clock

Feb 09: 8The schedule is written as if GIS, civil works, and transmission lines share the same critical path. In reality, they don’t — and that mismatch is where claims are born.
8And the utility has made the contractor own the integration risk without explicitly saying so. Details

Kerala state electricity awards Rs. 674 crore turnkey distribution package

Feb 09: 8KSEB has awarded the turnkey distribution infrastructure package at an aggregate value of Rs 674 crore.
8The tender attracted only two bidders through the technical stage, narrowing competitive price discovery in a high-value turnkey format.
8The BOQ-wise outcome indicates a controlled pricing contest rather than an aggressive undercut. Details

Solar locks 1200 MW of firm solar-storage capacity under ISTS-XXI

Feb 09: 8Solar award compresses solar-plus-storage pricing into a band once reserved for plain solar.
8Only one-fifth of offered capacity survives the tariff guillotine.
8The real test now shifts from bidding rooms to construction sites and balance sheets. Details

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

Feb 09: 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

Storage classification triggers legal alarm

Feb 09: 8This utility argues that energy storage has no statutory identity under the Electricity Act and folding it into existing asset categories is described as legally unsound.
Click on Details for more
Details

Utility challenges CERC’s depreciation timeline for battery storage

Feb 09: 8Shorter financial recovery periods could deter private investment.
Click on Details for more
Details

Battery ageing enters tariff battlefield

Feb 09: 8Generators argue that ignoring degradation distorts both performance metrics and financial recovery.
Click on Details for more
Details

CEA stays neutral on tariff draft but flags hydro definition gap

Feb 09: 8The authority’s silence on broader provisions contrasts with its precise technical insertion.
Click on Details for more
Details

Kerala: Utility braces for retirement surge exceeding 1,000 employees

Feb 09: 8The scale signals demographic turnover inside the organisation.
Click on Details for more
Details

Telangana: Market purchases double approved benchmark cost

Feb 09: 8The regulatory question now is whether price volatility qualifies as uncontrollable. The decision will shape future market reliance norms.
Click on Details for more
Details

CERC vs. Powergrid-I: There are many fault lines

Feb 09: 1) Regulator reopens capitalisation claims from previous tariff block for solar transmission case
8Past approvals are not being treated as automatic precedents.

2) Regulator demands proof behind transmission cost escalation
8CERC has formally acknowledged that the Eastern Region Expansion Scheme project experienced cost overrun and has asked the utility to clarify whether revised cost approval is underway.

3) CERC tightens scrutiny on PGCIL solar interconnection transmission tariff claim
8Time overrun explanations and potential liquidated damages adjustments have become central risk variables.

4) Regulator demands loan-level interest proof for tariff approval
8CERC has asked Powergrid to disclose exact floating interest rates sourced from its loan compendium.

5) Regulator seeks appeal status of Tehri PSP before clearing transmission cost claims
8The regulatory rationale for linking appeal status to tariff approval is not explicitly stated.

6) CERC intensifies cost and delay scrutiny on Rajasthan REZ transmission project
8The broader signal points to a tightening regulatory stance on renewable transmission infrastructure cost validation.

7) CERC tightens scrutiny on Powergrid tariff claims for eastern split-bus assets
8The Central Electricity Regulatory Commission has escalated data scrutiny in Powergrid’s transmission tariff filing covering both the 2019–24 truing-up cycle and the 2024–29 control period.

8) Regulator questions capital cost trail for seven PowerGrid telecom transmission assets
8The scrutiny spans both the 2019-24 and 2024-29 tariff periods and beneficiaries may face tariff uncertainty if cost recognition is delayed.

9) Regulator demands loan computation transparency from Powergrid NE transmission tariffs
8The directive raises the compliance bar for tariff filings as transmission financiers and auditors are indirect stakeholders.

10) Regulator demands ACE breakdown before tariff approval moves ahead for Powergrid OPGW tariff petition
8Transmission licensees now face tighter validation on post-commissioning expenditure and financial closure for minor communication assets may slow.

11) CERC flags cost, delay, and financing gaps in Nalagarh ICT tariff case
8Revised capital cost, interest during construction, and liability schedules have been placed under direct scrutiny.

12) CERC flags delay scrutiny in solar-linked transmission tariff case
8Power Grid has been asked to justify time overruns and provide detailed financing cost disclosures before tariff determination proceeds.

13) CERC halts tariff scrutiny pending cost, IDC and delay disclosures in this interstate transmission project
8The directive targets assets linked to renewable generator connectivity at Bikaner-II, a node central to Rajasthan’s green power evacuation corridor.

14) CERC flags cost escalation risks in Powergrid’s North East communication tariff petition
8Beneficiaries and regional utilities could face delayed tariff certainty if responses are deemed insufficient.

15) Regulator demands loan-wise interest workings for Northern Region fibre-optic strengthening scheme
8This shifts scrutiny directly onto financing assumptions underlying capital cost recovery.

16) CERC flags cost overrun in Powergrid’s Hosur ICT tariff petition
8This is after noting an overrun against earlier financial approvals for the 2024–29 control period.
Click on Details for more
Details

Company Updates

Feb 09: Siemens Limited’s Smart Infrastructure segment drove results while Mobility margins stayed thin.
8That means Siemens’ profitability is increasingly concentrated in Smart Infrastructure rather than broadly distributed across divisions. Click on Details for more.

Azad India Mobility Limited’s quarterly sales rebound still sits far below last year’s base.
8If the company cannot re-expand toward that earlier revenue level, profitability improvements risk becoming a low-base optical effect rather than a durable operating reset.

CESC: Generation falls 4% while power purchase rises, shifting the profit mix away from owned supply.
8This means more of the unit economics may be coming from bought power rather than owned generation, which can alter margin stability depending on procurement terms and regulatory pass-through.

GMR Power and Urban Infra’s GKEL fair value depends on dispute settlements and expansion assumptions, not disclosed performance proof".
8That means a meaningful portion of “value” is effectively a bet on claim resolution and operational ramp-up, which are both execution- and adjudication-dependent.

Auditor’s internal control warning undermines Om Infra Limited’s claim of stable execution discipline.
8This means the company’s accounting systems are being questioned at the same time it reports improved quarterly profitability.

"Solarworld Energy Solutions goes to Delhi High Court after SGEL contract suspension and conditional bank guarantee invocation".
8That means the counterparty relationship has moved from execution friction into a court-protection phase, which usually reflects a breakdown in commercial resolution.

Zelio E-Mobility denies any undisclosed trigger behind the share price move.
8It states there is no event or information, including any impending announcement, that may have a bearing on the price or volume movement.

Indian Renewable Energy Development Agency Limited’s Rs 2,994 crore QIP plan caps government dilution at 3.76% 
8That means the capital-raise structure is being engineered around ownership optics as much as balance-sheet funding.

Waaree Renewable Technologies Limited’s bank loans get ‘rating watch’ tag .
8That means the market is being told the rating outcome is in flux, with a developing trigger that is not described in the exchange filing.

G R Infraprojects Limited’s profit rose, but the quarter’s tax bill jumped even faster.
8That means the post-tax outcome is materially more fragile than the pre-tax headline implies because a tax swing can erase a meaningful portion of net profit.

Bajel Projects Limited won a ?400 crore order .
8The scope is heavy on 765 kV line construction, which can turn into a right-of-way risk story

ACME Solar Holdings Limited highlights AA- rating for subsidiary debt, not parent balance-sheet strength .
8That means the credit headline is structurally ring-fenced inside one project SPV rather than reflecting consolidated leverage comfort.

Union Budget language drives the merger narrative, while the filing avoids the word ‘timeline’ entirely.
8The catalyst is not a deal document, but a budget speech line that the board treats as a trigger.

Torrent Power adds a Rs 2,000 crore NCD programme, but the filing reads like a reaffirmation note.
8That means the credit signal is stability, while the incremental news is capacity to raise more long-term debt under an unchanged rating band.

ACME Solar Holdings Limited announced a 301 MW FDRE win.
8The bid requires delivery of 4 MWh per MW during non-solar hours with 70% monthly and 85% annual availability obligations.

Star Delta Transformers Limited’s ?53.3 crore revenue hides that profit fell 48% sequentially.
8It means the operational narrative is fragile because higher sales did not protect earnings momentum.

HBL Engineering Limited’s Q3 revenue fell 28% sequentially, turning last quarter’s surge into a fade.
8That means the headline narrative is not “momentum” but volatility, with earnings power swinging by quarter even as the company keeps reporting profits.

Quality Power Electrical Equipments Limited claims ‘no deviation’ while deferring capex and M&A timelines.
8That means compliance is being defined narrowly as “not changing objects,” while execution slippage is still occurring in the use-of-proceeds plan.

Ujaas Energy Limited tells exchanges price movement is ‘market-driven’ and denies any undisclosed event".
8 It states it has not withheld any material information that would have a bearing on the price or volume of its shares and attributes the movement to market conditions.

Sarda Energy & Minerals Limited’s Q3 profit fell 42% sequentially despite a ‘resilient’ press release tone.
8That means the core quarterly signal is contraction, not 
resilience, and the narrative is doing more work than the numbers
Details

Contracting news for the day: Part-1

Feb 09: HPSEBL extends RDSS Shimla circle distribution tenders to 10 Feb, resetting the bid clock
8The move is not just a calendar tweak — it reshapes bidder pricing discipline and participation dynamics in a terrain-heavy EPC package.

Resource adequacy consulting tender tightens technical gates but exposes EMD contradictions
8JERC’s resource adequacy tender is structured like a regulatory production contract, not a standard consulting engagement.

HVPNL extends bid deadline for 132 kV line re-alignment linked to integrated aviation hub at Hisar
8HVPNL has pushed the bid deadline for the Hisar 132 kV line shifting package without changing a single commercial term.

Double bid extension tightens the spotlight on MGR manpower economics
8The owner has extended this GeM tender twice, but the real story sits inside the scope packaging.
8What looks like facility management is structurally a coal logistics operations manpower contract with consumables pushed onto the contractor.

30 MW/75 MWh BESS tender quietly shifts storage from EPC procurement to a financing-and-performance contract
8The bid is being sold as a tariff tender, but its real weapon is the VGF release structure.
8The project forces bidders to finance and operate like an IPP while still carrying grid-integration liabilities like an EPC contractor.
8The clauses look standard until you map where cash actually unlocks. Details

Contracting news for the day: Part-2

Feb 09: This composite tender hard-filters bidders with Rs 8.84 crore EMD and tight turnkey interface risk
8The contract quietly shifts commissioning risk by bundling 400 kV evacuation works and 132 kV mixed OH-UG execution into a single turnkey accountability frame.

MSETCL hardens the TBCB playbook with pre-bid tie-ups for the Balsane AIS project
8MSETCL is quietly changing how risk enters the tariff equation.
8The Balsane AIS project forces bidders to lock execution logic before price discovery.
8This single notice could reshape who wins — and who even dares to bid.

400 kv GIS extension tender ties Navi Mumbai ICT augmentation to 1100 MW connectivity push
8The tender looks standard on the surface, but the real risk will sit in outage sequencing, interface scope, and commissioning accountability.

9th re-tender for 50 MVA augmentation exposes persistent execution-risk mismatch
8The transformer is client-supplied, but the contractor still carries the highest-liability segment: energisation, bay integration, and commissioning at two substations.

KSEB’s 20 mva transformer tender tightens delivery control and shifts logistics risk onto OEMs

8KSEB’s latest 20 mva transformer package is not just a supply order — it is a 19-month production programme disguised as a tender.
8The real filters are buried in the delivery logic, banking exposure, and the DSC test gate that quietly separates mature OEMs from everyone else. Details

Regulatory Updates: Part I

Feb 09: 1) GERC freezes wind PPA cost dispute pending Supreme Court curative verdict
8The case also highlights how curative proceedings at the national level can stall state-level regulatory enforcement.

2) Gujarat regulator shuts down capacitor billing plea on jurisdiction grounds
8The decision signals a tightening of procedural discipline and a rejection of attempts to convert regulatory forums into public-interest grievance platforms.

3) Wind industry body withdraws GERC connectivity challenge after new procedure approval
8For renewable developers, the spotlight now moves to how the new connectivity regime will be interpreted and contested in future forums.

4) GERC closes hybrid tariff petition after earlier framework already settled issue
8It also signals that transitional gaps between policy announcements and tariff notifications will not automatically justify interim commissioning rights.

5) Regulator shuts down legacy solar tariff claim after Supreme Court precedent
8The decision reinforces judicial finality in tariff interpretation disputes. For legacy renewable projects, it signals that post-judgment revival attempts face steep legal barriers.

6) Chhattisgarh launches multi-year tariff reset across power value chain
8The regulatory cycle now underway will shape cost flows and tariff structures across Chhattisgarh’s electricity ecosystem for multiple years.

7) DVC: Past cost gaps return to the table
8This shifts the debate from just future projections to legacy financial performance as consumers could see delayed cost adjustments surface in upcoming orders.

8) Regulator begins cost true-up for past Tata utility operations
8The outcome will decide whether utilities recover shortfalls or return excess collections.

9) Regulator opens last consultation gate before tariff rule rewrite
8Generators, transmission licensees, and bulk consumers now face a narrow window to defend cost recovery positions.

10) UPPCL warns revised norms may weaken DISCOM cost recovery
8The utility argues this would strain already fragile state distribution finances.

11) Utility challenges storage tariff framework, seeks tighter regulatory control
8A major state utility has questioned the legal and financial architecture proposed for integrating energy storage into India’s central tariff framework.

12) Legacy control systems enter fresh tariff cycle
8Digital grid control infrastructure commissioned nearly a decade ago is now financially reset for another five-year period.

13) MAT-linked RoE shield protects transmission returns
8Despite capital corrections, return on equity remains insulated through tax gross-up using notified MAT rates and this preserves investor returns irrespective of tax regime variability.

14) Delay shadow hangs over RE transmission build-out in Rajasthan
8This timing shift raises regulatory focus on whether cost overrun justifications will hold as beneficiary utilities now face tariff flows tied to delayed infrastructure.

15) Regulator wipes out delay risk for NER assets
8The Commission ruled there was no time overrun in the commissioning of all three assets and this removes exposure to delay-linked cost disallowance.
Click on Details for more
Details

Regulatory Upadate: Part II

Feb 09: 81) Bihar SLDC filing moves to “reserved order” stage after Patna hearing on 6 February 2026 Click on Details for more
 
82) Bihar Commission reserves decision on BSPTCL’s FY2026-27 transmission tariff and ARR petition Click on Details for more
 
83) Bihar RE generic tariff for FY2025-26 heads to final order after only BSMA files comments Click on Details for more
 
84) BSHPCL true-up for FY2016-18 hits “readable annexure” gate as Bihar Commission reserves decision Click on Details for more
 
85) SBPDCL gets 15 Feb deadline to answer Rs 0.35/unit hike objections as Bihar tariff hearing closes Click on Details for more
 
86) Bihar tariff record reserves order but mandates NBPDCL response loop on objections by 15 February 2026 Click on Details for more
 
87) Bihar clears SLDC capex plan but rings-fences R&M elements in Rs 17.75 crore project basket Click on Details for more
 
88) Uttarakhand regulator opens tariff consultation with four public hearings from 18–27 February 2026 Click on Details for more
 
89) Maharashtra State Electricity Distribution Company Limited (MSEDCL) review case sees repeated Pune objector roster in de novo hearing record Click on Details for more
 
810) Maharashtra State Electricity Distribution Company Limited (MSEDCL) review hearing record repeats Amravati objector list without tariff detail Click on Details for more
 
811) Bihar State Power Holding Company Ltd. (BSPHCL) gets 190 MW peak-power approval at Rs 4.72/kWh Click on Details for more
 
812) DERC cuts BSES Yamuna Power Ltd. (BYPL) PPAC claim to 2.96% for 09.02–08.05.2026 Click on Details for more
 
813) Bihar regulator clears BSPTCL 64-project capex plan, but locks cost scrutiny to truing-up gates Click on Details for more
 
814) Bihar State Power Holding Company Ltd. (BSPHCL) gets 450 MW FDRE cleared at Rs 6.74/unit, CERC adoption rider Click on Details for more Details

UPERC Regulatory Upadate

Feb 09: 81) UPERC rejects Section 142 plea, underlines no power to quash FIRs or entertain writ petitions Click on Details for more
 
82) UPERC clears Ghatampur Transmission’s security package, but bars licence transfer without fresh approval Click on Details for more
 
83) UPERC admits KGBB Agritech’s plea to route power from Unit-2 to Unit-1, sets April hearing Click on Details for more
 
84) UPERC lets South East U.P. transmission firm add 233-day SCOD extension prayer, sets April hearing Click on Details for more
 
85) NPCL’s tariff filing moves to consultation stage; UPERC flags TVS issues and further data directions Click on Details for more
 
86) UPERC keeps Supply Code interpretation issue open, grants Ayesha Steel time to supplement pleadings Click on Details for more
 
87) UPERC demands consolidated report for 474 obligated entities, ties compliance monitoring to quarterly reports Click on Details for more
 
88) UPERC gives Jubilant Pharmova a final four-week window to justify Supply Code exemption against NPCL Click on Details for more
 
89) UPERC admits State DISCOM ARR filings, orders public notice within three working days Click on Details for more
 
810) UPERC admits NIDP Developers ARR petition, condones five-day delay under fees and fines regulation Click on Details for more
 
811) UPERC fixes 12 March hearing on Lalitpur Power Generation’s interest/carrying cost claim against UPPCL Click on Details for more
 
812) UPERC sets 12 March hearing on Lalitpur Power Generation’s interest/carrying cost claim on 03.06.2022 dues Click on Details for more
Details

CERC vs. Powergrid-II: High stakes game

Feb 09: 1) Regulator tightens data scrutiny for AGC redundancy transmission assets
8Transmission cost recovery now hinges on documentary precision.

2) Regulator seeks fresh cost proof for Delhi substation project from Powergrid
8The demand targets legacy capital expenditure now being trued up.

3) Regulator seeks RLDC proof before recognising asset charging
8The Commission has demanded a formal RLDC charging certificate, placing operational proof at the centre of tariff admissibility for Delhi transmission assets.

4) Date discrepancy in NCT approval triggers regulatory scrutiny
8The Commission has questioned inconsistencies in the reported date of the 28th NCT meeting in Powergrid Hassan ICT tariff.

5) CERC flags data gaps in ERSS-XV tariff filing, seeks detailed financial disclosures
8The move reinforces CERC’s sharper focus on data integrity before approving multi-year transmission tariffs.

6) Regulator reopens legacy capitalisation trail tied to transmission cost recovery tied to the Rihand system
8This raises questions over whether earlier deferrals are being repeatedly rolled forward.

7) Regulator flags financial model gaps in Powergrid tariff filing for this transformer upgrade
8The regulator is signaling that spreadsheet-level traceability is now mandatory.

8) CERC halts ERSS-XIV tariff process pending fresh cost and asset disclosures
8The development underscores rising regulatory emphasis on documentation discipline in multi-year transmission cost recovery.

9) Regulator demands delay accountability in RE transmission project
8CERC has ordered Powergrid to produce detailed, activity-wise delay explanations for four transmission assets linked to renewable evacuation.

10) CERC flags data gaps in Powergrid’s Bhadla transformer tariff petition
8The move places the Bhadla pooling station upgrade under intensified regulatory scrutiny just as the sector transitions into the 2024–29 control period.

11) Regulator questions cost escalation in southern grid upgrade
8The Commission has formally acknowledged that the project cost has exceeded earlier apportioned benchmarks

12) Regulator demands dual-period financial forms for Itarsi–Dhule transmission tariff
8This suggests the Commission is validating continuity between legacy capitalisation and new control-period claims.

13) Regulator demands COD proof for key Northern transmission communication asset
8This affects capitalization timing and associated depreciation and return claims. Beneficiary utilities could see delayed cost pass-through if approval is deferred.

14) CERC halts tariff processing for Indore fault-level control scheme
8By demanding revised cost estimates, spares accounting, and delay justifications, the Commission has signaled tighter verification before capital cost recognition.

15) Delay justification becomes central fault line in Pune ICT tariff review
8The regulator is not accepting aggregated delay narratives and instead seeks activity-level scheduling evidence.

16) CERC flags data gaps in Powergrid’s western region communication upgrade tariff plea
8The Commission has demanded fresh disclosures on cost financing, construction delays, and interest calculations before it proceeds further.

17) CERC flags data gaps in Bhutan-linked transmission communication tariff case
8By calling for liability flow statements, cost forms, and justification for time overruns, the regulator is signalling heightened scrutiny over capital efficiency and schedule discipline.

18) CERC flags cost and IDC gaps in Powergrid’s ERES-XXXI tariff bid
8This indicates potential divergence between original filings and prudence expectations
Click on Details for more
Details

Market Round-up

Feb 09: 1) Liquidity vanished on two venues as real-time hit the cap
8On 2026-02-07, real-time MCP touched Rs 10,000.00/MWh at 07:00 (T29), while two other venues printed zero/blank through the same blocks.
Inference: participation concentrated into one marketplace, turning early blocks into a thin-liquidity spike zone (price cap with no offsetting depth elsewhere).
Why it matters: when liquidity fragments, a single venue’s scarcity prints become the de-facto national reference, amplifying procurement risk for intraday balancing.

2) Day-ahead lost the plot against real-time before breakfast
8On 2026-02-07 at 06:45 (T28), real-time MCP surged to Rs 9,999.32/MWh while day-ahead at the same block was Rs 4,600.01/MWh (basis +Rs 5,399.31/MWh).
Inference: the shock is intraday-specific (not “priced in” day-ahead), consistent with a sudden balancing shortfall rather than a gradual demand trend.
Why it matters: a +Rs 5.40/kWh basis is a direct cost escalator for buyers leaning on RTM to correct schedules.

3) An afternoon price floor cracked despite normal day-ahead levels
8On 2026-02-08 at 15:45 (T64), real-time MCP collapsed to Rs 188.38/MWh (Rs 0.19/kWh) while day-ahead for the same block stayed at Rs 1,767.00/MWh.
Inference: the drop looks like a localized surplus pocket (or aggressive sell bidding) that RTM cleared but DAM did not reflect at the same granularity.
Why it matters: extreme intraday downside can destabilise dispatch incentives-good for opportunistic buyers, risky for flexible generators counting on shoulder-hour revenues.

4) Real-time prices fell when volumes rose-consistently, not occasionally
8Across 2026-02-06 to 2026-02-08, real-time MCP and real-time cleared volume moved inversely in the same blocks (lag 0 correlations: ρ≈-0.43, -0.52, -0.79 by day).
Inference: higher cleared volumes coincided with lower scarcity pricing, suggesting RTM tightness was driven by “thin” periods rather than uniformly high demand.
Why it matters: risk management should watch liquidity/participation as much as demand-thin blocks can be costlier than peak blocks.

5) Renewables carried the peak, but the system still leaned on balancing
8On 2026-02-07 (solar hours 07:00–17:00), max demand met was 235,957 MW at 09:43, with wind 4,507 MW (1.91%) and solar 57,834 MW (24.51%)-total VRE 62,340 MW (26.42%).
Inference: even with VRE >26% at peak, the market still showed severe intraday stress earlier that morning, pointing to timing/ramps rather than “not enough energy.”
Why it matters: policy focus shifts from adding MWh to ensuring flexible MW-otherwise volatility survives even on “good renewable” days.

6) Pumped storage turned net-pumping even with zero peak shortage flags
8For 2026-02-08, the PSP daily report shows Peak Shortage (MW) as 0, while the Schedule(MU) line contains negative entries (net pumping) alongside positive ones.
Inference: PSP was used for energy shifting/market economics (charging during softer blocks), not as an emergency shortage plug.
Why it matters: PSP behaviour can steepen intraday spreads-supporting low-price valleys and setting up sharper peaks when discharge is reserved.

7) North thermal missed the day’s program-hydro didn’t fully cushion it
8On 2026-02-05, Northern Region thermal generation was 776.60 MU vs program 970.79 MU, while hydro was 107.50 MU vs program 115.62 MU.
Inference: the thermal shortfall is large enough that any next-day scheduling reliance would push buyers toward intraday correction, raising exposure to RTM spikes.
Why it matters: when the base slips, balancing costs rise first-and they show up as volatile intraday MCP, not as a neat monthly adjustment.

8) Coal stress showed up as “zero cover” flags at a large station
8On 2026-02-07, a 1,320 MW station line shows PLF at 0% and “Stock vis-à-vis normative” printed as 0.0, with receipt and consumption also printed as 0.0 (flagged line item).
Inference: this looks like a non-running/constraint condition with coal logistics not flowing that day-exactly the kind of hidden fragility that can spill into short-notice balancing.
Why it matters: even isolated stoppages reduce system slack; the market then prices “surprise scarcity” into a handful of blocks at punitive rates.
Click on Details for more
Details

Miscellaneous Update: Part I

Feb 09: 1) India’s ISTS transmission losses ease as renewable-heavy daytime flows improve grid efficiency
8The most loss-intensive periods remain early-morning low-load hours and evening ramp windows, where directional stress and reactive flows typically rise.

2) Nighttime loss volatility remains structurally high
8Loss swings in late night blocks remain wide, often crossing 5%. This volatility suggests unstable low-load voltage and reactive conditions (R1)

3) Rajasthan dispatch stack shows coal dominance as gas and liquid units price out of the system
8But a regulatory revision in state sector tariffs has reshuffled merit positions, indicating that commercial decisions - not just fuel efficiency - are influencing dispatch order.

4) Rajasthan discom adopts sports performance pay incentives for employees
8Staff delivering standout performances at national and international competitions will now receive structured personal pay increments linked to their pay level.

5) HESCOM: Refunds ordered even as losses accumulate
8How did it end up doing so

6) CESC Mysuru: Large financial totals suggest settlement-style processing rather than routine billing
8Such scale typically aligns with staff settlements, arrear adjustments, or major financial reconciliations.

7) HVPNL:  February payout locks in large cash outflow from state transmission utility
8Transmission operations remain unaffected, but treasury planning tightens.
Click on Details for more
Details

Miscellaneous Update: Part II

Feb 09: 8ICRA assigns BB- (Stable) to Umariya Green Energy’s Rs 200 crore term loan; DCCO July 2027. Click on Reports for more.
8C.S.P. Distribution seeks 300 MW evening power for March; reverse auction on 18 Feb. Click on Reports for more.
8Damodar Valley Corporation seeks 400 MW April evening thermal supply via HPX reverse auction. Click on Reports for more.
8Rajasthan Urja Vikas seeks 500 MW thermal supply for April 2026 mornings via HPX reverse auction.Click on Reports for more.
8Chhattisgarh Discom seeks up to 450 MW in March 2026 via HPX reverse auction windows. Click on Reports for more.
8Rajasthan Urja Vikas seeks 500 MW evening power for April via PXIL reverse auction. Click on Reports for more.
8Rajasthan Urja Vikas seeks 500 MW thermal power via HPX reverse auction for April 2026 delivery. Click on Reports for more.
8IRENA’s PV supply-chain cost tool is framed as “directional”, built on documented assumptions. Click on Reports for more.
8IRenewables plus nuclear are projected to reach about half of global generation by 2030. Click on Reports for more.
8KSH repays Rs 226 crore of debt in late December 2025; debt-to-equity stated at 0.42x. Click on Reports for more.
8Rooftop solar subsidy in PM Surya Ghar is capped at Rs.78,000 for systems 3 kW. Click on Reports for more.
8KESCO review flags year-end reset risk in UPPCL power purchase bills; quarter profit Rs 10.24 crore. Click on Reports for more.
8HPX fixes Feb 9 reverse auction window for DVC’s 400 MW April 18:00–24:00 requirement. Click on Reports for more.
8PSTCL sets bonus provision formula using Labour Commissioner minimum wages, with specific JV booking heads. Click on Reports for more.
8DVC seeks 300 MW March evenings via HPX reverse auction. Click on Reports for more.
Details

Power Committee Updates

Feb 09: 1) North Eastern Grid: Planning to risk management
8The North Eastern region is entering a phase where operational discipline, funding clarity, and regulatory compliance will determine grid resilience more than asset creation alone.

2) Metering failures: The weakest link that won’t heal in the North East
8Despite years of discussion, SEM data gaps persist across multiple states. The 45-day ultimatum marks a rare escalation. Metering has quietly moved from a backend issue to a compliance red flag. Continued failure could undermine settlement credibility.

3) Why is India’s hydro generation losing its balancing power-literally
8Country’s clean flexibility resource is becoming unreliable just when it’s most needed.

4) Shutdowns everywhere, headroom nowhere: How transmission execution is colliding with a stressed southern grid
8What emerges is a pattern: national infrastructure projects, renewable evacuation lines, and deferred commissioning milestones are all competing for shutdown windows that the grid can no longer comfortably provide.

5) The shutdown economy in India’s power sector: When every transmission outage becomes a negotiation
8Repeated shutdown requests now resemble commercial negotiations rather than technical clearances. The OCC is weighing megawatts of lost ATC against months of delayed project execution. This is no longer outage planning - it is risk pricing. The Southern grid is effectively operating on borrowed margins.
Click on Details for more
Details

Daily forward looking import matrices

Feb 09: 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

Download tenders and newclips

Feb 09:  For reference purposes the website carries here the following tenders:
 
8Tender for providing and laying of water proofing treatment work over roof Details
 
8Tender for enabling works Details
 
8Tender for running contract for erection maintenance dismantling of electrical networks Details
 
8Tender for supply of switch fuse Details
 
8Tender for operation & maintenance work of drawl & supply of brackish water from bore wells / ponds Details
 
8Tender for supply of various types miscellaneous consumable items Details
 
8Tender for misc civil work Details
 
8Tender for oil leakage attending with complete overhauling of 25 MVA, 15/6.75KV station auxiliary transformer Details
 
8Tender for supply of LT three phase channel cross Arm Details
 
8Tender for strengthening and providing protective coating in the RCC/ PSC structures in conveyor Details
 
8Tender for supply of V cross arm Details
 
8Tender for providing 1X160 MVA, 220/132 kV hot T/F and associated bays Details
 
8Tender for supply of hot dip galvanised 4.5 m extension (10nos)for 110 kV D30 tower including bolts and nuts Details
 
8Tender for development of 400 kW grid connected roof top solar power project Details
 
8Tender for shifting of precast RCC box culverts Details
 
8Tender for supply, erection, commissioning of LT MCC Details
 
8Tender for horticulture & green belt management Details
 
8Tender for supply of various transmitters Details
 
8Tender for adding LT ABC for street main Details
 
8Tender for interlinking 11 kV feeders Details
 
8Tender for installation of 10Nos RMUs feeder Details
 
8Tender for creation of 2 No. 220kV line bays at 220 kV substation Details
 
8Tender for creation of 5 no. 132 kV AIS line bays Details
 
8Tender for augmentation of 220kV substation Details
 
8Tender for supply of thermocouple and RTD etc Details
 
8Tender for work of insulation work on boiler and its auxilliaries turbine piping and equipments Details
 
8Tender for fabrication, painting, supply and erection of stringer channel assembly for 1400mm belt width conveyor Details
 
8Tender for work of sealing rings for 210 MW LMW design turbine Details
 
8Tender for procurement of stay set complete Details
 
8Tender for supply of 11kV AB switches 200 Amps with 11kV PT insulators Details
 
8Tender for supply of HS type straight joint Kit suitable 11kV 3X300 sqmm XLPE UG cable Details
 
8Tender for renovation work including painting of control room Details
 
8Tender for development of drainage system and construction of concrete Details
 
8Tender for desilting tank covering, access upgrades and protection worksDetails
 
8Tender for operation and maintenance of 11 kV, LT lines Details
 
8Tender for execution of sub station operator (SSO) works and operation and maintenance of 33 kV, 11 kV, LT lines Details
 
8Tender for replacement of burnt and damaged AB cable Details
 
8Tender for replacement of ACSR conductor by covered conductor Details
 
8Tender for construction of 02Nos 2x5MVA substation Details
 
8Tender for repair and maintenance with major overhauling of 45 MT gantry crane of power station Details
 
8Tender for ARC for laying of HT underground cable Details
 
8Tender for supply of filled CO2 gas cylinders for generator CO2 flooding system Details
 
8Tender for supply of H.V. bushings of power transformers installed Details
 
8Tender for supply and installation of FRP pipe & supply of FRP bend Details
 
8Tender for supply of MS hot dip galvanized grills for various Details
 
8Tender for supplying and compaction of earth filling at the 66 kV sub station Details
 
8Tender for supply of various carpentry work material for day to day maintenance work Details
 
8Tender for work of repairing of various pulleys of conveyor belts and miscellaneous work Details
 
8Tender for service contract for VFD tray VS live frame and wagon tippler chalk beam Details
  
8Tender for biennial maintenance contract for mechanical maintenance work in dry ash system Details
  
8Tender for construction of temporary 33/11 kV sub-station Details
  
8Tender for renovation work (civil works) Details
  
8Tender for construction of one(01) no. of temporary 33/11 kV sub-station Details
  
8Tender for UG cable work for the erection of 33 kV incoming feeder lines Details
  
8Tender for construction of one(01) no. of temporary 33/11 kV sub-station Details
  
8Tender for rate contract for installation of various Details
  
8Tender for supply of complete LP water pump Details
  
8Tender for strengthing of damaged power transformer Details
  
8Tender for renovation of transformer plateform, yard leveling Details
  
8Tender for renovation of control room by replacing broken stone patti slab by RCC and other repair works of yard Details
  
8Tender for const. of retaining wall, approach and other works at 33 kV S/S Details
  
8Tender for supply of spares for air compressors Details
  
8Tender for requirement of ASCO make solenoid valves with coils and its spares Details
  
8Tender for procurement for various rotor stands Details
  
8Tender for assistance in carrying out miscellaneous routine maintenance works of 132kV substation Details
  
8Tender for supply, erection and commissioning of 132/33kV transformer (HV and LV) CandR panel Details
  
8Tender for assistance in carrying out miscellaneous routine maintenance works of 132kV substation Details
  
8Tender for supply of decentralized material Details
  
8Tender for work and decentlized material Details
  
8Tender for supply of decentralized material Details
  
8Tender for carrying coal dozing works like levelling, ramping, spreading away from stacking Details
  
8Tender for supply, erection, testing and commissioning of new inergen- IG 541 fire suppression system Details
  
8Tender for Bi-annual rate contract for survey & route alignment using modern techniques for various 66/132/220kV transmission lines Details
  
8Tender for supply, erection, testing & commissioning of 132 kV 1C × 800 sq.mm, 2 ×(3+0) XLPE underground cable Details
  
8Tender for construction of 66kV/220kV transformer bay Details
  
8Tender for construction of 66kV/220kV transformer bay & feeder line bays Details
  
8Tender for repairing and retrofitting work of various Details
  
8Tender for annual maintenance contract for routine, preventive, shut down and emergency maintenance of TG, boiler, ESP area and BOP electrical auxiliaries installed Details
  
8Tender for annual maintenance contract for preventive maintenance, defect attending, emergency work and overhauling of electrical equipment/auxiliaries Details
  
8Tender for work of rate contract for supply of required of spares, repairing & testing of healthiness of NIFPS along with demonstration at various EHV substation Details
  
8Tender for extending HT ABC Details
  
8Tender for Re-conductoring of LT line Details
  
8Tender for biennial contract for maintenance work of drinking service water supply line and miscellaneous repairing work Details
  
8Tender for procurement of pressure transmitter and differential pressure transmitter Details
  
8Tender for life enhancement of the beams under the rail line Details
  
8Tender for refurbishment of under carriage set Details
  
8Tender for structural steel work Details
  
8Tender for laying of 33 kV and 11kV XLPE cable Details
  
8Tender for work of conducting mandatory energy audit through accredited energy auditor Details
  
8Tender for breakdown, periodical, preventive and shut down maintenance of 220 kV switchyard, 66 kV switchyard Details
  
8Tender for const. of tubewell at various 33/11 kV s/s Details
  
8Tender for const. of fire wall for power transformer Details
  
8Tender for P/F FRP fencing work at various Details
  
8Tender for augumentation and expension of control room with other allied additional works of 33 kV S/S Details
  
8Tender for construction of tubewell for power earthing and water supply arrangement Details
  
8Tender for annual repair of tube well Details
  
8Tender for P and F yard lights at various 33 kV S/S Details
  
8Tender for augmentation and expension of control room with other allied additional works of 33 kV S/S Details
  
8Tender for replacement of damaged wornout obsolete railways track Details
  
8Tender for replacement of existing 1X25MVA, 220/33kV power transformer Details
 
You can also click on Tenders for more
 
For reference purposes the website carries here the following newsclips:
 
8MNRE’s fourth ALMM cell update strengthens India’s solar supply chain Details
 
8India, Seychelles to boost defence, blue economy, renewable energy ties Details
 
8Mumbai strengthens grid with completion of 1,000 MW renewable energy Kudus–Aarey HVDC corridor Details
 
8J&K harnesses just 24 percent of hydropower potential; capacity set to double by 2028 Details
 
8J&K Hydro power capacity to cross 7300 MW Details
 
8Coal India CMD urges employees union to exempt coal industry from one-day planned strike on 12 Feb Details
 
8With a remarkable capacity of 253.96 GW, India’s power sector advances towards a future in renewable energy Details
 
8AESL secures Japanese green finance for major HVDC transmission project Details
 
8DEE wins largest-ever Rs 90 crore windmill tower contract Details
 
8Improving Asset Performance: Automation, analytics and digitalisation define solar O&M strategies Details
 
8Pahal Solar expands manufacturing capacity to 3GW; receives ALMM approval and BIS 2023 certification Details
 
8India and Malaysia boost ties; focusing on energy, semiconductors, and defence Details
 
8Galaxy solar signs Rs 10,080 Crore MoU with maharashtra government to boost solar manufacturing and Infrastructure Details
 
8CERC Adopts tariffs for 2,100 MW firm and dispatchable renewable energy with storage Details
 
8Green power reaches a choke point, and the search is on for a way outv Details
 
8Electricity Price Volatility: Strategies to stabilise prices in India’s spot electricity market Details
 
8Radiance secures $100M for India green energy expansion Details
 
8L&T plans 32 MW data centre capacity by March-end, eyes electrolyser orders Details
 
8Government to constitute high-level panel on banking soon: Finance Minister Details
 
8Global electricity demand to surge over 3.5% annually through 2030, says IEA report Details
 
8Karnataka energy dept to focus on solar power Details
 
8Tata Power vs Adani Power: which company will lead India’s power Sector Details
 
8India Energy Stack v0.3: One-stop digital platform for electricity data Details
 
8Beyond NTPC: 3 ‘atomic’ underdogs positioned for India’s proposed Rs 20,000-crore PLI Details
 
You can also click on Newsclips for more Details

Download tenders and newclips

Feb 07:  For reference purposes the website carries here the following tenders:
 
8Tender for repairing and renovation of transformer accessories Details
 
8Tender for procurement and installation of LED based smart street lighting system Details
 
8Tender for work of stator rewinding of 66kV 3500KW 1485 RPM 371A boiler feed pump motor Details
 
8Design, fabrication, supply, installation, testing, commissioning of total of 10HP DC solar water pumping system Details
 
8Design, supply, installation, testing, commissioning of total 210 kW capacities of grid connected solar PV plant Details
 
8Design, supply, erection, testing and commissioning of 13 No. 220/66/11kV, 160MVA power transformers Details
 
8Tender for refurbishment-renovation of existing project Details
 
8Tender for supply, erection, commissioning & O&M of constrcution power supply system package Details
 
8Tender for unified civil annual M and R works At various voltage sub-stations Details
 
8Tender for M and R works at various voltage transmission sub-stations Details
 
8Tender for supply, erection, testing & commissioning of 33 kV outdoor vacuum circuit breaker Details
 
8Tender for work of overhauling & complete rewinding of 2 MVA, 3.3 kV/33 kV generating transformer Details
 
8Tender for operation and maintenance work of air conditioning system Details
 
8Tender for procurement of spares of screw type lubricating oil pump of various auxiliaries Details
 
8Tender for procurement of various size HT fasteners used Details
 
8Tender for repair & strengthening work of induced draft cooling tower Details
 
8Tender for providing chain link fencing Details
 
8Tender for procurement of 1500 Nos ISI MARKED insulated Details
 
8Tender for desilting of raw water reservoir Details
 
8Tender for construction of RCC road along with tit-bit renovation of switchyard Details
 
8Tender for renovation modification and roof treatment Details
 
8Tender for renovation and roof treatment Details
 
8Tender for procurement of throat plates and bottom cone for U#3 coal mill overhauling Details
 
8Tender for procurement of cylinder head assy,liner and cylinder liner gasket kit Details
 
8Tender for comprehensive biennial maintenance contract for room, tower and duct-able Details
 
8Tender for regular water supply by operating valves pumps buster pumps etc Details
 
8Tender for biennial rate contract for different cable laying and associated work Details
 
8Tender for supply of 2000Nos of GI earth pipe Details
 
8Tender for operation and maintenance of pressurized dense fly ash collection system Details
 
8Tender for supply of GI earth pipe Details
  
8Tender for erection of 110 kV DC line on DC tower by making LILO in the existing Details
  
8Tender for erection, dismantling transportation of poles, distribution transformers, HT/LT lines Details
  
8Tender for daily maintenance in three shifts checking of fire water pumps, equipments Details
  
8Tender for establishment of material testing laboratory Details
  
8Tender for construction of 33 kV bay at 33/11kV sub-station Details
  
8Tender for replacement of existing old 9-unit control panel Details
  
8Tender for major overhauling along with supply of spares of the 37.2 MW steam turbine Details
  
8Tender for upgradation of hydraulic system/ powerpack Details
  
8Tender for annual contract for industrial housekeeping of power house Details
  
8Tender for engagement of an independent engineer as per the coal mining agreement Details
  
8Tender for repair and maintenance of damaged chajjas lintels column beam Details
  
8Tender for rehabilitation of old waterfall Details
  
8Designing, fabricating, testing, installing and fixing in position curtain wall with aluminum composite panel cladding Details
  
8Tender for restoration of hill slide with providing protection wall along Details
  
8Tender for repair of damaged portion of retaining wall Details
  
8Tender for demolition and removal of damaged left RCC abutment along Details
  
8Tender for repair of spillway apron and downstream protection Details
  
8Tender for diversion tunnel construction adit including Details
  
8Tender for renovation of 33/11 kV S/Stn. Details
  
8Tender for replacement of DP/FP structures with towers Details
  
8Tender for procurement of spares of USHA compressors make silo blower Details
  
8Tender for biennial work contract for providing assistance Details
  
8Tender for up gradation of turbine governing EHC and LP bypass EHC system Details
  
8Tender for execution of electrical works upto 11 kV HT /LT level Details
  
8Tender for setting-up of 16 MW/40 MWh battery energy storage system Details
  
8Tender for replacement of DTR cables for smart metering Details
  
8Tender for replacement of old damage PVC cable for smart meter installation Details
  
8Tender for erection, dismantling transportation of poles, distribution transformers Details
  
8Tender for procurement of rails and its accessories Details
  
8Tender for replacing the damaged cement slabs Details
  
8Tender for renovation of the existing defective air ventilation system by modification renewal of worn out parts Details
  
8Tender for supply and installation of phase synchronizing device (PSD) for 420 kV circuit breakers. Details
  
8Tender for three years rate contract for supply of FD & PA fan blades Details
  
8Tender for supply of conveyor belts Details
  
8Tender for soil investigation in connection with the upgradation of 110kV SC line Details
  
8Tender for laying of 33 kV cable Details
  
8Tender for construction of control room at 110kV substation Details
  
8Tender for carrying out dyuthi 2.0 HT works Details
  
8Tender for supply of 33 kV pins Details
  
8Tender for supply of ACSR DOG conductor Details
  
8Tender for supply of 33 kV porcelain type pin insulator Details
  
8Tender for supply of 11 kV porcelain type pin insulator Details
  
8Tender for supply of ISI marked 11 kV aluminium conductor Details
  
8Tender for purchase of 80 MVA 132/33 kV auto transformer Details
  
8Tender for purchase of 200 MVA 220/132 kV auto transformer Details
  
8Tender for purchase of 33 kV single phase 2.4 kVAR and 1.2 kVAR dry type series reactors Details
  
8Tender for disc replacement work of 132 kV SC line Details
  
8Tender for augmentation work of 132kV transformer Details
  
8Tender for augmentation work of 40/50 MVA transformer Details
  
8Tender for extension of battery room & PLCC room Details
  
8Tender for annual repair of roof leakage Details
  
8Tender for annual contract for mechanical maintenance of BOP and DM plant Details
  
8Tender for requirement of spares of turbo supervisory system Details
  
8Tender for outsourcing of ETC of addl 02 no 20 MVA power TFs Details
  
8Tender for construction of additional TF plinth and allied civil works at the 66kV sub station Details
  
8Tender for construction of additional TF plinth and allied civil works Details
  
8Tender for construction of all technical civil works at the 66kV S/S Details
  
8Tender for AMC for work of overhauling/servicing with spares of 11kV circuit breakers of various at various substations Details
  
8Tender for work of various routine, preventive and breakdown maintenance of feeder breakers Details
 8Tender for work of as & when required rate contract for online leak sealing services for high pressure/temperature valves, lines etc. Details
 
8Tender for misc. civil works required Details
 
8Tender for supply of various LT cables and LUGs Details
 
8Tender for bi- annual rate contract of transportation including loading, unloading & stacking of material /equipment Details
 
8Tender for erection of equipment and structure, control wiring, yard Details
 
8Tender for work of complete overhauling of boiler pressure part, coal burners Details
 
8Tender for procurement of various types of valves Details
 
8Tender for work of overhauling & re-commissioning of R.O. feed pumps Details
 
8Tender for work of erection of 220/66kV 100MVA transformer bay with 66kV bus extension with associated Details
 
8Tender for work of providing and fixing high voltage busbar insulation tape, and heat shrinkable busbar insulating tubing at various Details
 
8Tender for supply of 02 Nos. of 5kV insulation tester with accessories Details
 
You can also click on Tenders for more
 
For reference purposes the website carries here the following newsclips:
 
8Jharkhand dhanbad demands coal mining penalties from firms Details
  
8Death toll rises to 18 in coal mine blast in northeast India Details
  
8NSE to set up coal exchange subsidiary, plans Rs 100 crore capital infusion Details
  
8Renewable energy news: NTPC, Vestas, CWP Energy Details
  
8India’s rare earths push finds possible ally in Germany’s wind energy needs Details
  
8India is our hope’: New Delhi can cut solar dependence on China now, industry expert tells Firstpost Details
  
8Initial testing of Banswara atomic power project expected by FY33: Naik Details
  
8Govt extends bid submission deadline of auction round OALP-X to May Details
  
8Jupiter International secures Silver Award at Green Urja Awards Details
  
8Vietnam more cost-competitive than India in cell, PV module production, says IRENA Details
  
8India wraps up 1.2 GW renewables-plus-storage tender at $0.069/kWh Details
  
8Simplex infrastructures secures Rs. 91.96 Crore power sector contract Details
  
8Power ministry rolls out India energy stack v0.3 framework Details
  
8From 25 crore ACs to AI data centers: The massive energy shift powering these 3 stocks Details
  
8Insolation energy appoints former IAS officer shreemat pandey as additional independent director Details
  
8Advait Energy Transitions emerges winning bidder for tender issued by Power Grid Corporation of India Details
  
8The difference between power transmission and distribution Details
  
8Serentica Renewables secures major SECI allocation Details
  
8Coal India commissions first 5 MW solar power plant on OB Dump, Cuts 8,190 Tonnes of CO annually Details
  
8India pushes green technologies to power more sustainable food processing industry Details
  
8SJVN’s Rampur hydro station generates 2000 MU in record time Details
  
8India Energy Stack (IES) Taskforce releases Version 0.3 strategy and architecture documents Details
  
8NTPC Appoints Kishore Chandra patra as head of project at 2,600 MW Korba Power Station Details
  
8India AI stack: powering intelligence, turning data into real-World impact Details
 
You can also click on Newsclips for more Details

NHPC’s Parbati-II tariff recovery curbed amid massive delay overhang

Feb 06: 8Instead of allowing the standard 90% interim tariff, the Commission limited recovery to 75%, citing the unusually large share of financing costs embedded in the project’s capital base.
8The ruling signals a tougher regulatory stance on legacy hydro delays entering the new tariff period.
Click on Details for more
Details

Cummins India’s Flat Revenue Masks a Margin Boost — But the Driver Isn’t Clean

Feb 06: 8Cummins India Limited’s flat revenue masks a margin boost
8And where does that come from?

Click on Details for more. Details

Kerala moves to lock long-term power adequacy under binding planning rules

Feb 06: 8Kerala’s power regulator has unveiled a draft framework that formally shifts the state into structured, forward-looking resource adequacy planning. Distribution utilities will now be required to forecast demand over a 10-year horizon and tie up firm capacity aligned with national planning reserve margins.
Click on Details for more
Details

Kerala mandates 24x7 supply, auto-compensation, and strict reliability tracking

Feb 06: 8The overall direction points to a shift from reactive grievance redressal toward real-time regulatory surveillance of distribution performance.
Click on Details for more
Details

D.B. Corp’s rooftop solar push collapses

Feb 06: 8Find out what really happened.
Click on Details for more. Details

Cross-border transmission asset locked into revised tariff discipline through 2029

Feb 06: 8Bangladesh remains the primary paying beneficiary, meaning the financial impact flows outward rather than across Indian DISCOMs.
Click on Details for more
Details

Northern grid disturbances shift from equipment failures to inverter-driven instability between December and January

Feb 06: 8The most striking anomaly was a nearly 3.8 GW instantaneous RE generation loss in Rajasthan during a voltage dip and overvoltage cascade. For operators and regulators, the tension is no longer just equipment reliability, but dynamic stability in a grid with rapidly rising inverter-based generation.
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Details

India’s grid absorbs a 5.5 BU winter demand surge without slipping into shortage

Feb 06: 8The data signals strong generation availability, coordinated dispatch, and sufficient fuel logistics during a period that typically tests thermal fleet resilience. For system operators and regulators, the takeaway is clear: reliability held firm even as winter demand climbed
Click on Details for more
Details

Parliamentary Briefs

Feb 06: 8Progress in Power Generation (Lok Sabha) Details
8Current Status of Installation of Smart Meter (Lok Sabha) Details
8Share of Non-fossil Fuel Sources in Total Installed Capacity (Lok Sabha) Details
8Increasing Demand of Electricity (Lok Sabha) Details
8Loss suffered by SEBs (Lok Sabha) Details
8Power Supply in Rural Areas (Lok Sabha) Details
8Installation of Smart Pre-paid Meters in Jamui (Lok Sabha) Details
8Policy for the Large-scale implementation of Insulated Conductors (Lok Sabha) Details
8Setting up of Thermal Power Plants in Bihar (Lok Sabha) Details
8Power Distribution Projects in Budaun (Lok Sabha) Details
8Frequent Power Cut during Peak Hours (Lok Sabha) Details
8Setting Up of Nuclear Projects by NTPC (Lok Sabha) Details
8Financial Status of DISCOMs (Lok Sabha) Details
8Power Demand (Lok Sabha) Details
8Cross-Border Power Trade (Lok Sabha) Details
8Agricultural Feeders under DDUGJY (Lok Sabha) Details
8Desiltation and Sediment Management Proposal prepared by BBMB (Lok Sabha) Details
8Carbon Credit Trading Scheme (Lok Sabha) Details
8Financial Losses of DISCOMs (Lok Sabha) Details
8Effectiveness of Carbon Market (Lok Sabha) Details Details

Market Round-up

Feb 06: 1) Morning DAM blowout priced a scarcity premium long before RTM cleared it
8DAM MCP jumped to Rs 8.70/kWh at 07:30–07:45 (T31–T32), while RTM for the same blocks cleared at Rs 5.35/kWh and Rs 5.00/kWh.
Inference: The premium looks “forward” (DAM) rather than real-time (RTM): DAM purchase bids stayed far above sell bids through the spike window, signalling tight sell-side depth into the morning ramp.
Why it matters: a Rs 3.70/kWh DAM–RTM basis at T32 is pure forecasting cost for buyers who could have leaned on RTM.

2) DAM hit a hard regime break after 08:00; volatility was not “smooth”
8After the spike, DAM MCP dropped from Rs 6.25/kWh (08:00, T33) to Rs 3.94/kWh (08:45, T36) in under an hour.
Inference: This looks like a cleared-supply catch-up (sell side recovering) rather than demand collapse, because scheduled volumes stayed sizable while prices mean-reverted sharply.
Why it matters: it increases the value of intra-day re-optimisation; static DAM positions were punished on both sides of the break.

3) Real-time balancing stayed “heavy” all day even without an obvious shortage headline
8NLDC’s ancillary/SCUC daily sheet shows SCUC-Up scheduled 48,162 MWh and SCUC-Down scheduled −48,103 MWh on 2026-02-05.
Inference: Near-symmetric up/down energy points to continuous re-balancing (commitment + de-commitment) rather than one-direction scarcity.
Why it matters: this kind of churn typically amplifies RTM price sensitivity and raises balancing risk for states riding close to schedules.

4) HPX ASDAM printed “zero market” blocks — a liquidity signal, not a footnote
8HPX ASDAM shows 0.0000 MWh cleared across successive 15-minute blocks on 05/02/2026 (market effectively absent at block level).
Inference: With DAM/RTM price discovery happening elsewhere the same day, this looks like liquidity concentration risk: fewer venues meaningfully set short-term prices.
Why it matters: thin venues can’t absorb stress when one exchange tightens, raising systemic execution risk for participants.

5) PXIL IDAS showed bids but no cleared price/volume — a fragmentation warning
8PXIL’s IDAS volume profile lists sell bids (e.g., 104.50 MWh at 00:00–00:15) but shows MCV/Scheduled Volume/MCP.
Inference: This pattern is consistent with order-book presence without matchable counterparties (or a no-trade day for the product).
Why it matters: partial liquidity creates false comfort in “available” supply while forcing actual procurement into other, potentially costlier routes.

6) NER frequency compliance was weak on 2026-02-04 — 26% of time outside IEGC band
8NER FDI sheet reports frequency outside 49.9–50.05 Hz for 26.08% of the day (6.15 hours), with min 49.83 Hz and max 50.27 Hz.
Inference: The tail risk is not about average frequency (reported 50.01 Hz), but about time spent outside the band — a control quality issue.
Why it matters: sustained excursions increase deviation exposure and undermine confidence in “stable grid” claims built only on averages.

7) High scheduled drawal plus meaningful OD/UD clustered in a few big states
8NLDC PSP state table shows large drawal schedules alongside material OD/UD: Maharashtra 199.4 MU schedule with −2.9 MU OD/UD; Rajasthan 99.0 MU with −4.8 MU; Tamil Nadu 220.7 MU with +0.8 MU (all on 2026-02-05).
Inference: These are “high-throughput” states where small percentage errors convert into big absolute deviations, especially during ramp hours.
Why it matters: the same states are the first to transmit balancing stress into market prices and ancillary deployments.

8) DAM–RTM basis widening followed RTM moves with a 1-block lag (statistically, not rhetorically)
8Using the full 96-block MCP series on 2026-02-05, the DAM–RTM basis shows a 1-block lag correlation ~ρ=0.49 with RTM MCP (0–8 block scan), crossing your |ρ|≥0.35 flag.
Inference: RTM volatility appears to “pull” the basis wider in the next block more than it is purely simultaneous — consistent with buyers re-pricing forward exposure after seeing RTM.
Why it matters: procurement teams can’t treat DAM and RTM as independent levers intra-day; the basis is reactive and can snowball.
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Details

Power Committee Updates

Feb 06: 1) NR’s deviation economics flipped in a week: the WR–NR rent collapsed-and Delhi quietly became the week’s biggest ‘discipline winner’
8This reads like a grid that tightened one set of deviations (especially inter-regional) while exposing a second-order truth: NR’s “discipline” is still entity-specific, not systemic-so the money just rotates to the next weakest participant.

2) Delhi’s reactive bill collapses, but the pool’s receivable stack grows-UP and NTPC tighten their grip on VAR money flow
8This fortnight reads like a grid whose reactive economics are tightening into a few large sinks and a handful of volatile payers, with Delhi’s swing the cleanest behavioural change on the payable side.

3) WR’s transmission “availability” story is being propped up by month-long deemed outages-while the real risk is drifting into weather, pollution, and asset-health failures
8The grid’s fragility shows up more sharply through environment-driven faults-kite thread marks, stubble-burning fly-ash induced faults, and temperature-linked equipment limitations-signalling that “externalities” are now operational variables.

4) January in East India closes with a split-screen incentive story: a few units mint “peak-eligible” value while legacy stations bleed negative eligibility and push the bill back onto beneficiaries
8The structural tension: the region’s incentive pool is being distorted by persistent off-peak negatives (seen repeatedly in totals and beneficiary rows), so the grid is implicitly rewarding a narrow slice of operational behaviour while penalising broad, recurring scheduling patterns

5) Recertified Eastern region data: APNRL’s DC story flips from “data correction risk” in Dec to “higher declaration, higher surrender” in Jan-buyers aren’t absorbing what’s being certified
8Net-net, this pack reads less like a generator performance note and more like a demand discipline and data-governance stress test-first through revision, then through under-absorption.
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Details

Company updates

Feb 06: 8Tax refund: Siemens pays under protest even as it is now faces another threat Leasehold property at the root of it all but the company is cagey. That means the market gets speed without substance, and the case remains a black box beyond the headline number. Click on Details for more.

8Bajel Projects: Cannot fully explain why there is a yawning gap between PBT and PAT. Profitability optics are being built on execution and mix claims while volume is contracting. Click on Details for more.

8Isolation Energy: Importing heavy-duty experience. Find out how the company is importing regulatory and power-sector governance experience onto the board. Click on Details for more.

8Websol’s Q3 profit surge: Ingenious answer. The margin level is so high it becomes the first point that demands skepticism but the company has an ingenious answer. Click on Details for more.

8Indowind: Too many question marks. Low equity infusion and massive borrowing ceiling raises eyebrows and there are structural changes that can obscure accountability. Click on Details for more.

8HPL Electric & Power: Cutting corners to make money? Why is margin quality, not the topline the problem with this company? Click on Details for more.

8Kirloskar Electric: Forced to pay employee dues? The payment was compelled through enforcement rather than initiated through proactive settlement. Click on Details for more.

8Sarda Energy & Minerals Ltd: Find out how the company went from expansion to retreat. Find out what really happened. Click on Details for more.

8Hitachi Energy India Limited’s profit surge: But hides a skeleton in its cupboard. Find out what it is, how it can change the narrative entirely. Click on Details for more.

8Solarium Green Energy: ESOP shares at par. Find more more on thisclick on Details for more.

8Market coupling uncertainty hangs over IEX, with management admitting a regulatory process still unfinished. Regulatory overhang not settled yet even as diversification plans have been put off. Click on Details for more.

8SJVN’s 70 MW Dhubri project is now operational. The company disclosed a project cost of Rs. 367.44 crores and said the plant sits on 330 acres of lease-based land in Dhubri, Assam. Click on Details for more.

8NAVA Limited’s 83% profit jump is driven by other income, not operating expansion. This means sustainability of this quarter’s profitability narrative weakens even as subsidiaries, not the core standalone engine, are carrying the quarter’s reported resilience. Click on Details for more.

8Credit impaired assets look contained but impairment coverage signals a sharply uneven risk distribution. That means the company is heavily provisioning against already-stressed assets while maintaining minimal buffers on the broader performing book. Click on Details for more.

8Suzlon Energy Limited’s profit story flips: Rs.445 crore PAT masks a 65% sequential collapse.The earnings narrative is being carried by the tax line rather than by incremental operating strength. Click on Details for more.

8Torrent: A 75:25 debt-heavy capex plan raises the real question AA+ does not answer. That means leverage comfort today is being tested against a pipeline that is explicitly debt-funded by design. Click on Details for more.

8Voltamp Transformers’s 31% revenue jump is paired with only a 26% profit rise. It also means cost intensity or mix effects are absorbing part of the growth benefit, weakening the “pure efficiency” narrative. Click on Details for more. Details

Miscellaneous Update: Part I

Feb 06: 1) POWERGRID collapses 17 transmission SPVs into two entities under MCA-approved merger
8Operationally, it signals a shift from fragmented SPV structures toward tighter portfolio aggregation. Regulators and lenders will now evaluate these assets under fewer but larger corporate shells.

2) Northern states gain central power share as India’s allocation pool expands modestly in January
8The pattern signals seasonal and regulatory rebalancing of central resources toward northern demand centres.

3) India’s winter peak climbs past 245 GW as northern demand drives seasonal system stress
8The combined data signals a grid entering a high-demand quarter with tightening regional balances but no nationwide deficit.

4) APGENCO extends key APPC engineering deputation to maintain procurement continuity
8It has formally extended the deputation of a mechanical engineering officer at the state power procurement wing, preventing a staffing gap at a sensitive operational node.

5) Temporary promotions at APGENCO tied to court outcomes and strict joining rules
8It has issued temporary promotion orders elevating four Deputy Executive Engineers to Executive Engineer rank while simultaneously shifting one senior officer through a transfer.

6) Maharashtra transmission utility moves to embed policy and planning expertise
8It has initiated the hiring of two high-level consultants to strengthen its internal analytical and planning capacity.

7) Rajasthan Roundup: Chhabra thermal plant reports broad EC compliance but flags partial safeguards
8AVVNL eases bond exit rule for staff joining government services

8) Delhi gas plant seeks tariff relief after PLF collapse despite high availability
8Fuel cost pressures and take-or-pay gas commitments have amplified the financial strain. Additional O&M burdens from emission-control burners and sewage treatment operations are also being claimed.
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Details

Miscellaneous Update: Part II

Feb 06: Waaree Renewable Technologies’ rating upgrade leans on revenue surge, not proof of through-cycle margins. Click on Details for more.

Triveni Turbine’s revenue grows 24%, while aftermarket drops 22% and drags the margin story.
8Growth is being carried by product sales while the higher-margin aftermarket/refurbishment stream is the one slipping. Click on Details for more.

Tata Power: Standalone collapse highlights group dependence, with standalone PAT turning negative in Q3".
8Treat the consolidated narrative as a portfolio story rather than evidence that the core parent operations are strengthening. Click on Details for more.

Genus Marudhara Smart Metering’s AA- rating is assigned with 84% of installations still pending.
8Sponsor strength supports the rating, yet governance control sits with the financial sponsor, not the operating sponsor. Click on Details for more.

ALMM List-II adds new cell capacity
8Entries show wide ranges, such as Websol Energy System Limited with average efficiency 23.16% and a stated range of 19.00% to 23.60% in one revision section, which is a spread large enough to change procurement economics. Click on Details for more. Details

Regulatory Updates: Part I

Feb 06: 1) Karnataka regulator opens scrutiny window on utility performance costs
8Karnataka’s power regulator has triggered a statewide review cycle that could reshape how utility cost overruns translate into consumer tariffs.

2) Rising procurement costs and loss spike squeeze MPSEZ’s distribution margins in Q3
8The most striking shift is the T&D loss increase from 2.54% to 4.05%, signalling a sudden deterioration in network efficiency, and there are other striking issues as well.

3) TNERC orders high interest payout, clears short-term power buys
8Tamil Nadu’s power regulator has enforced financial discipline on delayed generator payments while simultaneously securing near-term power supply for the state grid.

4) Tamil Nadu regulator clears 1,500 MW medium-term power hedge
8Tamil Nadu’s power regulator has approved a significant expansion of medium-term power procurement, allowing the state utility to secure 1,500 MW of round-the-clock supply under competitive bidding. The decision adds 700 MW to an earlier 800 MW approval, consolidating both into a single five-year tender.

5) CERC trims Fatehabad asset base while locking in new five-year transmission tariffs
8A modest but notable capital adjustment was imposed through disallowance of excess initial spares, slightly reducing the regulatory asset value.

6) CERC moves to license major NR–WR grid strengthening corridor
8The project centers on a new 765 kV Prayagraj substation and multiple line integrations that reshape existing power flows across Uttar Pradesh and adjoining regions.
Click on Details for more
Details

Daily forward looking import matrices

Feb 06: 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

Click on Reports for more. Details

Download tenders and newclips

Feb 06:  For reference purposes the website carries here the following tenders:
 
8Tender for empanelment of agencies for restoration of distribution infrastructure during Details
 
8Tender for renovation of 33/11 kV S/Stn Details
 
8Tender for renovation of 33/11 kV substation Details
 
8Tender for supply of 36 kV current transformers Details
 
8Tender for replacement of suspected CLR insulators Details
 
8Tender for procurement of insulation mat for LT electrical panels Details
 
8Tender for supply of stringing tools for line maintenance of 400 kV transmission lines Details
 
8Tender for rate contract for cable laying and cable jointing/ termination work Details
 
8Tender for work contract for arresting of oil leakage Details
 
8Tender for work contract for repairing of damaged traction motor of 700 HP locomotive Details
 
8Tender for development of 1000 kW grid connected roof top solar power project Details
 
8Tender for R&M of silo Details
 
8Tender for repair and maintenance of civil works Details
 
8Tender for supply, inst, commiss. and AMC of integrated solar street lights Details
 
8Tender for biennial miscellaneous civil maintenance works of ash dyke Details
 
8Tender for providing and fixing of acoustic wall panelling Details
 
8Design, supply and installation of fireproof cable Details
 
8Tender for SITC of network switches Details
 
8Tender for electrical work Details
 
8Tender for procurement of L3 switch and network devices Details
 
8Tender for work of replacement, shifting and overhauling of H.T motors of coal handling plant Details
  
8Tender for supply of various size of butterfly, gate, ball, globe and needle valves Details
  
8Tender for work of maintenance of lighting high mast towers Details
  
8Tender for supply of lighting materials Details
  
8Tender for supply of 11 kV polymer composite pin insulator Details
  
8Tender for work contract for supply, laying, jointing ,terminating, testing and commissioning of 33kV 1x630 sqmm Details
  
8Tender for supply laying jointing teriminating testing and commissioning of 33 kV 1X630 sqmm aluminium XLPE cable Details
  
8Tender for supply laying jointing teriminating testing and commissioning of 33 kV 1X630 sqmm aluminium XLPE making for LILO in existing Details
  
8Tender for strengthening and providing protective coating in the RCC/ PSC structures Details
  
8Tender for repair and maintenance works to the indoor switchyard Details
  
8Tender for supply, erection & commissioning of 5 Nos RTU in33/11kV indoor S/S Details
  
8Tender for works contract for provision of 1 no 33 kV source link line Details
  
8Tender for work contract for supply, laying, jointing ,terminating, testing and commissioning of 11kV, 3x300 sqmm Details
  
8Tender for work contract for supply, laying, jointing, terminating, testing and commissioning of 33kV 1x630 sqmm aluminium XLPE cable from 230kV SS Details
  
8Tender for work contract for supply, laying, jointing, terminating, testing and commissioning of 33kV 1x630 sqmm aluminium XLPE cable Details
  
8Tender for routine maintenance of power supply arrangements Details
  
8Tender for supply of 1800 mtr M.S.ERW 350 NB pipes Details
  
8Tender for procurement of stay set complete Details
  
8Tender for insertion of 1 no tower Details
  
8Tender for attending leaks in steam pipe lines feed water Details
  
8Tender for supply and erection of 2 No’s of 2000NB flanged type butterfly valves with ebonite lining along Details
  
8Tender for strengthening of eastern side bund of secondary pond at ash dyke Details
  
8Tender for procurement of alloy steel pipe for hot reheat to IP turbine line Details
  
8Tender for providing protection arrangement to prevent earthslip Details
  
8Tender for up keeping and routine maintenance of air pre heater Details
  
8Tender for re-conditioning of the retrieved worn out impeller of vertical type cooling water pumps. Details
  
8Tender for running works contract for the erection works of LT overhead feeder, HT overhead feeder Details
  
8Tender for supply of various type of thermocouples and RTDs Details
 
8Tender for assistance in operation of equipment of boiler and turbine associated auxiliaries Details
  
8Tender for work contract for round the clock operation and maintenance mechanical, electrical, PLC of mill reject handling system Details
  
8Tender for supply of 60 Kg and 52 Kg rail gule joints Details
  
8Tender for procurement of complete assembly of oil vapour exhauster fan alongwith motor Details
  
8Tender for augmentation of 66kV substation Details
  
8Tender for supply of VFD and VFD panel Details
  
8Tender for augmentation of 66 kV substation Details
  
8Tender for construction of sump pit cum pump chamber and other allied works at 132 kV S/Stn Details
  
8Tender for supply of flap gate actuator Details
  
8Tender for proposal for procurement of 420kV and 05 Nos. 245kV capacitive voltage transformer Details
  
8Tender for procurement of steel item (plates and ISMC and ISMB) for various Details
  
8Design and engineering, procurement, supply, installation, construction, testing and commissioning including warrantee obligation, operation and maintenance for twelve 12 years of a 100 MW AC solar PV power plant and 25 MW / 100 MWh battery energy
  Details
  
8Tender for work of 11 kV line shifting Details
  
8Tender for supply, erection, testing & commissioning of 220 kV 1Cx1200 sq. mm (2(6+0)) twin cable Details
  
8Tender for round the clock monitoring, operation and maintenance of hydraulic structures of Kundala dam Details
  
8Tender for round the clock monitoring, operation and maintenance of hydraulic structures of Maduppetty dam Details
  
8Tender for round the clock monitoring, operation and maintenance of hydraulic structures of Anayirankal dam Details
  
8Tender for round the clock monitoring, operation and maintenance of hydraulic structures of Ponmudi dam Details
  
8Tender for round the clock monitoring, operation and maintenance of hydraulic structures of Sengulam dam Details
  
8Tender for round the clock monitoring, operation and maintenance of hydraulic structures of Kallarkutty dam Details
  
8Tender for round the clock monitoring, operation and maintenance of hydraulic structures Details
  
8Tender for providing second 16 MVA 110/33 kV transformer Details
  
8Tender for supply installation, system integration, operation & maintenance of smart meters Details
  
8Tender for construction of 11 kV OH line with covered conductor Details
  
8Tender for dyuthi 2.0 HT works Details
  
8Tender for providing & fixing of micro-processor based 0.2S class, 3-Ph, 4-wire digital MFM meters for various Details
  
8Tender for conversion of SSN to DSN & STN to DTN for lines crossing Details
  
8Tender for laying of 3C 33 kV 400 sq mm XLPE UG cable by micro tunneling from 132 kV GSS Details
  
8Tender for operation and maintenance of 2x2 MW turbo generator sets and their auxiliaries, hydro mechanical and electro mechanical equipment Details
  
8Tender for laying of 3C 33 kV 400 sq mm XLPE UG cable Details
  
8Tender for scheme for capacity augmentation of PTR from (3X6.3) MVA to (4X6.3) MVA with allied works Details
  
8Tender for procurement of 10 nos 33/0.415 kV 315 KVA & 15 nos 33/0.415 100 KVA station service transformers.Details
  
8Tender for procurement of roller journal bearings of mill XRP1003 Details
  
8Tender for service contract for repairing of PA ducts during Details
  
8Tender for new 66 kV SC on DC line of 0.2 sq ACSR conductor from 66 kV S/s Details
  
8Tender for procurement of non-contact high voltage and induced voltage detector for various substations Details
  
8Tender for annual maintenance contract for O and M works Details
  
8Tender for work of installation of 11/0.4 kV 990 KVA CSS Details
  
8Tender for work for increasing capacity of transformers 100 KVA to 250 KVA at various Details
  
8Tender for work for installation of LT ACB on existing 250/400 KVA DTRs Details
  
8Tender for work of installation of 11/0.4 kV 990 KVA CSS Details
  
8Tender for work for increasing capacity of transformers 100 KVA to 250 KVA at various Details
  
8Tender for work of installation of additional transformer and replacement of ACSR panther conductor Details
  
8Tender for work of installation of additional 100 KVA transformers Details
  
8Tender for increasing capacity transformer Details
  
8Tender for replacement of existing 33kV ACSR dog conductor with 33 kV AAAC-AL-59,160 Sq.mm covered conductor Details
  
8Tender for supply M.S grills assorted size Details
  
8Tender for supply of various 415V IE3 LT motors Details
  
8Tender for erection & maintenance of HT/LT/TC work Details
  
8Tender for supply, installation & commissioning of exide make 48V, 350AH capacity lead acid plante type battery set along Details
  
8Tender for erection & maintenance of HT/LT/TC work Details
  
8Tender for erection of 66kV equipment, structures, control wiring, yard Details
  
8Tender for supply, erection, testing and commissioning of 220kV feeder bays Details
  
8Tender for work of providing & fixing of insulated rubber mat high voltage insulated mat Details
  
8Tender for work of replacement of earth wire Details
  
8Tender for various civil maintenance works in control room, switchyard Details
  
8Tender for supply, installation, testing & commissioning of 132kV additional PT bay at various EHV substations Details
  
8Tender for work of renovation of 220V/300AH & 48V/300AH VRLA battery set Details
  
8Tender for work of augmentation of substation by addition of 25MVA, 132/33kV power transformer along with HV & LV bay Details
  
8Tender for augmentation of substation by providing additional 1x50MVA, 132/33kV transformer Details
  
8Tender for work of augmentation of substation by addition of 25MVA, 132/33kV power transformer along Details
  
8Tender for procurement of 11kV, 1600A CB for R&M scheme of procurement of 11kV outdoor equipment’s for various Details
 
You can also click on Tenders for more
 
For reference purposes the website carries here the following newsclips:
 
8Significant progress made in renewal energy adoption, operational safety in FY'26: NFR Details
 
8SJVN begins power supply from 70 MW Dhubri solar project in Assam Details
 
8Initial testing of Banswara atomic power project expected by FY33: Naik Details
 
8PFC buys 52.63% of govt's holding in REC, board approves in-principle merger Details
 
8Amit Rautela takes charge as CFO Patratu Vidyut Utpadan Nigam Details
 
8ACME Solar secures 301 MW renewables with 1,204 MWh storage in SECI peak power tender Details
 
8India battery demand to surge to 700 GWh by 2045 Details
 
8GREW Solar wins 550 MW repeat module order from leading IPP as India accelerates clean energy push Details
 
8Assam: AAECA demands 125 units free power, tariff cut Details
 
8Eternal, Waaree and 3 other stocks with consistent revenue growth over the past 4 qtr Details
 
8Loom Solar launches 125kW/261kWh BESS for C&I sector Details
 
8INOXAP launches PESO-approved warehouse for speciality gases Details
 
8Waaree Energies and 3 other stocks receives orders for solar modules, defence components and more Details
 
8Hitachi Energy shares rally sharply over 9% as Q3 revenue jumps 28.5% YoY to Rs 1,620 crore, net profit up 90% Details
 
8Coal India approves major investment in BCGCL Details
 
8BSPGCL secures power offtake from India’s largest 301 MW solar + 523 MWh battery storage project at Kajra Details
 
8Smart metering signals India’s power sector transformation Details
 
8Capital Inflows: Recent equity deals in the energy sector Details
 
8India’s Tata Power evaluating three sites for nuclear projects, exec says Details
 
8A new report says India is electrifying faster than China at the same level of development and with fewer fossil fuels per person Details
 
8Powering data centres: AI leadership depends on control of power supply Details
 
8Vivek Singla MD and CEO, PXIL Details
 
8Power Priorities: Regulators’ perspective on distribution challenges and solutions Details
 
8Solar-plus-storage bids gather pace; renewables draw over $2 billion in January Details
 
8Meeting Sustainability Goals: Green aluminium could be a game changer in the energy transition Details
 
8J-K has tapped less than a quarter of its hydropower potential: Economic Survey Details
 
8Building Resilient Grids: key learnings from gridOS engage Details
 
You can also click on Newsclips 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

Power sector: There is more capacity today than demand

Feb 10: 8Find out why today’s surplus hides tomorrow’s capital shock
Click on Details for more
Details

 India moves to formalize freight carbon accounting backbone

Feb 10: 8This signals a shift from fragmented corporate disclosures toward standardized, ISO-aligned reporting frameworks tailored to Indian operating realities. Heavy-duty trucks - already outsized contributors to both climate and air-pollution burdens - sit at the centre of this structural reform.
Click on Details for more
Details

Hydro pipeline attrition stays locked at 6,147 MW as clearance, ecology and court constraints freeze movement into 2026

Feb 10: 8The lack of movement between reporting dates suggests that these projects are structurally locked rather than temporarily delayed.
Click on Details for more
Details

Batteries in the hills: how they have upset LNG math in India

Feb 10: 8Find out what this new phenomenon is all about
Click on Details for more
Details

CEA hydro backlog shrinks by 1,500 MW in January, but forest stage-II remains the dominant choke point

Feb 10: 8Even as headline numbers fall, project remarks reveal that FC-II compliance has become the decisive final barrier, replacing EC and FC-I as the dominant gating stage.
Click on Details for more
Details

Ministry of Coal Updates

Feb 10: 1) India’s coal stripping ratio stabilises as public miners deepen excavation intensity
8Fresh company-level data shows public sector miners driving most of the rise in excavation depth, while private producers report a sharp reduction in stripping pressure.

2) Captive coal miners emerge as fastest-growing supply segment
8Their output has multiplied several times, outpacing growth from established public sector miners.

3) Coal growth deceleration suggests shift from expansion to consolidation
8The drop from double-digit growth to under 5% indicates a transition phase as the billion tonne benchmark is crossed. The industry may now be focusing on efficiency rather than rapid volume expansion.

4) Washed coal output rises despite sharp multi-year yield erosion
8Raw coal feed has climbed sharply, but yield has dropped from above 50 percent to the low-30 percent range before a partial recovery. This indicates that higher input volumes, rather than process gains, are driving output growth.

5) India’s coal growth story is now almost entirely opencast-driven
8Underground mining, once seen as a strategic long-term reserve builder, has shrunk both in volume and share.
Click on Details for more
Details

Power Committee Updates

Feb 10: 1) When a LILO breaks a nuclear assumption in India
8The Vapi LILO didn’t just reroute power - it invalidated a regulator-approved nuclear islanding scheme. NPCIL’s admission that KAPS-1&2 cannot island as designed is unusually candid and it exposes how fragile protection assumptions can be in a dynamically reconfigured grid.

2) WR’s Power Ancillary Economy Split Wide Open: SCUC pays out big, while coal fleets bleed in TRAS shortfall
8The structural tension is clear: reliability actions (SCUC) are creating concentrated payouts, while “discipline” actions (shortfall settlements) spread pain, and the same names keep surfacing across mechanisms-hinting at persistent behavioural and technical regimes rather than one-off volatility.

3) North Grid’s March risk isn’t “one big outage” - it’s the quiet stacking of hydro unit maintenance with late-month 765 kV corridor work
8The commercial lever is straightforward: when outages pile up, the value moves from “energy” to availability + corridor headroom-the week rewards whoever can stay online and flexible when everyone else is scheduled off.
Click on Details for more
Details

Market Round-up

Feb 10: 1) DAM clears at a premium to RTM as Monday demand rebounds
8DAM MCP jumped to Rs 3.20/kWh on 2026-02-09 while RTM was lower at Rs 3.06/kWh.
Inference: RTM softened because real-time balancing load was absorbed through system ramp (thermal + hydro) and net exports, even as day-ahead demand expectations lifted DAM bids.
Why it matters: a Rs 0.15/kWh DAM–RTM basis can reward day-ahead hedging and penalise late procurement.

2) A 07:15 frequency cliff hits during the morning demand surge
8All-India frequency fell from 50.07 Hz (07:00) to 49.83 Hz (07:15) as demand rose above 213 GW.
Inference: the drop lines up with a fast demand pickup while thermal and hydro were still catching up, before the next block’s stabilisation.
Why it matters: sharp frequency steps in the morning ramp signal tighter primary/secondary response needs outside the classic evening peak.

3) Wind drops precede weaker frequency, with a 1.5–2 hour lag signal
8Wind output slid ahead of a weaker frequency patch, with the strongest lagged link around 6–8 blocks.
Inference: using the 96-block SCADA table, frequency shows a negative correlation with wind at lag 7 blocks (|ρ|≈0.36), suggesting wind easing is followed by frequency softness later.
Why it matters: this is an early-warning handle for reserve scheduling when morning wind fades ahead of the demand ramp.

4) Ancillary dispatch skews heavily to down-regulation, signalling surplus management stress
8On 2026-02-09, TRAS down energy was -29,815 MWh versus only 4,903 MWh up; SRAS down was -8,510 MWh versus 5,521 MWh up.
Inference: the system spent more effort absorbing surplus (down) than sourcing shortage (up), consistent with high daytime solar and midday balancing.
Why it matters: persistent down-dispatch raises cycling risk and compensation questions for flexible fleets.

5) 400 kV planned outages cluster on a single day, concentrated in a few owners
855 transmission elements show outage start on 2026-02-09, dominated by 400 kV equipment (39 of 55) and led by one owner’s assets (21 entries).
Inference: this density of same-day high-voltage work compresses operational headroom and increases reliance on real-time balancing tools.
Why it matters: clustered outages heighten the probability of local constraints and redispatch costs even if inter-regional corridors look clean.

6) A major hydro-storage cluster reports unit unavailability at both ends of the day
8Two 250 MW hydro-storage units in Uttarakhand show outages logged at 00:24 and again near 19:44 on 2026-02-09.
Inference: flexibility loss around the evening peak window can shift burden to thermal ramping and ancillary reserves.
Why it matters: storage/hydro outages during peak hours can amplify price volatility and frequency excursions without showing up as “shortage.”

7) Zero reported peak shortage coexists with large state-level deviation balances
8Multiple states show zero peak shortage, yet large net underdrawals/overdrawals: Maharashtra -7.4 MU, Rajasthan -5.3 MU, Gujarat -3.3 MU on 2026-02-09.
Inference: “no shortage” at the reporting layer can still hide aggressive schedule management and balancing reliance at the state boundary.
Why it matters: deviation exposure can build even on “normal” days, shaping DSM risk and procurement behaviour.

8) Coal stock looks comfortable in aggregate, but the signal is blunt for risk spotting
8Linked plants’ aggregate coal stock is shown at 48,270.7 (‘000 tonnes) against a daily requirement of 2,120.95 (‘000 tonnes), implying ~23 days of cover as on 2026-02-08.
Inference: the headline “days” number can mask stressed pockets because it aggregates across regions and plants.
Why it matters: relying on the national average can delay recognition of local scarcity that later shows up as outages, import dependence, or higher balancing costs.
Click on Details for more
Details

Miscellaneous Update: Part I

Feb 10: 1) Rajasthan transmission utility defends Rs 1,800-crore asset additions amid cost scrutiny
8The case also signals tighter regulatory attention on hedging practices, cost overrun accountability and replacement capitalisation.

2) Dual power supply option opened for HT consumers with double fixed cost impact
8The amendment signals a regulatory tilt toward cost-reflective reliability provisioning rather than cross-subsidized redundancy.

3) HVPNL invokes no-work-no-wages rule ahead of nationwide power-sector strike
8The order signals that grid operations, especially at substations, are being treated as a continuity priority amid labour unrest.

4) Gujarat holds FPPAS steady at Rs.2.30/unit for second straight quarter
8The absence of revision indicates no recognised surge in fuel or power purchase costs (R7). This stabilizes billing predictability for non-agriculture consumers.

5) FPPA requirement drops nearly 70 percent in one quarter in Gujarat
8This represents a 4.25 percentage point reduction. The decline corresponds with lower APC and reduced variable cost (R2). Consumers face sharply reduced tariff adjustment pressure.

6) Renukaji dam land cases move into argument and order stages
8The latest cause list shows a transition from admission and reply filings toward arguments and even orders in select cases.
Click on Details for more
Details

Miscellaneous Update: Part II

Feb 10: BSES Rajdhani Power Limited gets rating watch negative on ED share attachment risk
8This means the facility risk is being reframed around financial flexibility and ownership uncertainty rather than distribution performance alone. Click on Details for more.

Withdrawal is an endpoint for transparency, not a clean bill of health
8It means stakeholders lose surveillance-based updates even if there is no information suggesting credit risk changed since the last review. Click on Details for more. Details

Company updates

Feb 10: Solar Industries India reports record Q3 revenue but faces growing reliance on low-margin segments
8Growth increasingly dependent on explosives and defence rather than traditional mining infrastructure. Click On Details for more.

The Tata Power Company Limited reports EBITDA growth while Mundra losses create a Rs 800 crore shadow
8Solar manufacturing profits soar but DCR cell requirements reveal localized supply vulnerability. Click On Details for more.

Sarda Energy & Minerals reports EBITDA growth but planned maintenance at Binjkot reveals a single asset risk
89M EBITDA Rs.1,672 crore, energy now defines two-thirds of group profits. Click On Details for more.

Premier Energies forms new EPC joint venture while delaying the acquisition of Ksolare and Transcon Ind
8Integrated solar player narrative setback as critical supply chain components remain outside control. Click On Details for more.

Sarda Energy & Minerals: Energy contributes two-thirds of EBITDA, turning the group story into a single-vertical bet
8Does diversification in metals/minerals look like legacy ballast? Click On Details for more.

G R Infraprojects’ income surged 60% QoQ, yet EBITDA margin stayed near 10%
8Headline growth paired with normalized margin narrative excluding exceptional costs. Click On Details for more.

Premier Energies takes control of a new EPC JV, shifting risk from manufacturing to execution
8Operating track record being bought is effectively zero. Click On Details for more.

EKI’s company secretary resigns
8Creates an immediate compliance continuity gap? Click On Details for more.

Panasonic Energy India quarter dominated by classification choice
8Loss driven by exceptional item, not gradual operating deterioration line-by-line. Click On Details for more.

NTPC Green Energy declared COD for 14.43 MW inside a 1,255 MW headline project
8Milestone incremental because slice is tiny relative to stated scale. Click On Details for more.

Genus Power Infrastructures’ 117% profit growth leans on discontinued operations exiting the base
8Revenue growth masks margin compression beneath higher execution volume. Click On Details for more. Details

Regulatory Updates: Part I

Feb 10: 1) Chhattisgarh clears CSPTCL dark fibre leasing with tariff offset mandate
8The decision also signals that asset optimisation will be welcomed only where consumer interest is demonstrably protected.

2) Chhattisgarh regulator clears pathway for industrial behind-the-meter solar expansion
8The ruling removes uncertainty for large energy users combining captive open-access solar with on-site installations.

3) CSERC relaxes feeder rule, clears captive solar open access for steel unit
8It signals a pragmatic balancing act between renewable promotion and feeder reliability.

4) Chhattisgarh sets FY26 renewable tariffs, anchors small hydro above Rs 7.5
8Small hydro projects see tariffs ranging above Rs 7.4 per unit, while sub-2 MW solar is benchmarked at Rs 3.39.

5) Tamil Nadu regulator lines up major tariff, surcharge and DSM battles
8The regulator has assembled a packed hearing roster that places distribution finances, renewable scheduling penalties, and legacy tariff disputes under simultaneous scrutiny.

6) CERC rejects inter-state power trader licence over non-appearance and incomplete filing
8The order adds to a growing pattern of tighter scrutiny around who gets to participate in the country’s increasingly complex electricity trading ecosystem.

7) CERC clears KPI Green Energy for national power trading entry
8The move also signals continued regulatory openness toward renewable-focused firms diversifying into power market intermediation.

8) CERC tightens change-in-law relief window for delayed transmission projects
8Transmission developers now face heightened scrutiny on whether delays dilute their cost-recovery rights.

9) CERC trims NHPC’s Greenshoe expansion, signals tighter control over FDRE tenders
8The order sends a signal that procedural innovations cannot bypass guideline architecture, even when market prices are competitive.

10) CERC tightens cost scrutiny in Southern transmission tariff reset
8The move affects both historical tariff truing-up and the next five-year tariff cycle, placing immediate compliance pressure on the transmission licensee.

11) Regulator rejects bulk of BYPL’s surcharge proposal
8The financial impact shifts part of the recovery to later regulatory proceedings.
Click on Details for more
Details

Daily forward looking import matrices

Feb 10: 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

Download tenders and newclips

Feb 10:  For reference purposes the website carries here the following tenders:
 
8Design, manufacture, testing, supply and delivery of complete set of aluminium based re usable emergency restoration system Details
 
8Tender for supply of coupler assembly for side arm charger Details
 
8Tender for construction of R.C.C. vaults at NSDF for storage of end fittings, garter springs and pressure tubes Details
 
8Tender for supply and installation of cold insulation Details
 
8Tender for transportation and liaisoning for movement of coal Details
 
8Tender for work of supply & installation of etal reflecting indication board Details
 
8Tender for laying of 33kV, 1x630 sq.mm XLPE UG cable Details
 
8Tender for replacement and repairing of existing wornout damaged Details
 
8Tender for laying of 33kV,1x630 sq.mm XLPE UG cable from Manali 33/11 kV SS double pole structure Details
 
8Tender for laying of 33kV,1x630 sq.mm XLPE UG cable from Gummidipoondi Sipcot Details
 
8Tender for laying of 33kV,1x630 sq.mm XLPE UG cable from the existing Details
 
8Tender for laying of 33kV,1x630 sq.mm XLPE UG cable Details
 
8Tender for comprehensive AMC for plant Details
 
8Tender for supply of various 415V IE3 LT motors Details
 
8Tender for work of various miscellaneous maintenance work for 2 X 250 MW boiler Details
 
8Tender for stringing ABC 25 sq.mm. for street main at various Details
 
8Tender for carrying out dyuthi 2.0 HT works Details
 
8Tender for development of distribution infrastructure Details
 
8Tender for construction of new 11kV covered conductor line Details
 
8Tender for procurement of 22000 liters transformer oil required during capital overhauling of 40 MVA/11/132 KVA generator transformer Details
 
8Tender for work proposal for round clock operation of fire tenders, mobile cranes Details
 
8Tender for misc. plumbing related civil maintenance work Details
 
8Tender for providing & fixing water tanks Details
 
8Tender for supply of feeder belt for 36" gravimetric feeder Details
 
8Tender for providing and fixing SS railing Details
 
8Tender for repair and maintenance of surge shaft Details
 
8Tender for construction of lab resting shed Details
 
8Tender for construction of room and repair of CGI sheet Details
 
8Tender for channelization work in downstream Details
 
8Tender for channelization work in reservoir Details
 
8Tender for construction of RCC bunker Details
 
8Tender for civil and hydro- mechanical (HM) works, including associated ancillary and enabling works Details
 
8Tender for laying of pipeline with thermal lagging Details
 
8Tender for dog to panther conversion of 66kV line by replacement of conductor Details
 
8Tender for biennial civil & sanitary maintenance work Details
 
8Tender for procurement, installation and commissioning of piezometers Details
 
8Tender for procurement of grinding element Details
 
8Tender for procurement of steel materials Details
 
8Tender for procurement of 350 MT liquid chlorine with related services Details
 
8Tender for procurement of radiator for WDS 6R locomotive Details
 
8Tender for annual maintenance contract (AMC) for electrical installation i.e fans, tube lights, switches Details
 
8Tender for dog to panther conversion of 66kV line by replacement of conductor, insulators Details
 
8Tender for work of erection of 66kV S/C link line on D/C panther tower Details
 
8Tender for supply, erection, testing & commissioning of 220 kV U/G cable laying at 220kV LILO both circuit of 220 kV line Details
 
8Tender for annual maintenance of work 33/11 kV sub-station Details
 
8Tender for shifting of cooling tower lightning arrester Details
 
8Tender for tower protection work Details
 
8Tender for procurement of parts of conductor hardware fittings and accessories Details
 
8Tender for job contract for application of ceramic fibre sealing Details
 
8Tender for supply and erection of new fills removal and disposal of old fills forstage 2 cooling tower Details
 
8Tender for supply of 11 kV metering unit of different rating Details
 
8Tender for supply of CI bends  Details
 
8Tender for operation & maintenance of 33 kV /11 kV substation Details
 
8Tender for maintenance of 33 kV /11 kV LT lines and substation Details
 
8Tender for maintenance of 33 kV /11 kV LT lines and substation and attending the consumers complaint at 33/11 kV sub-station Details
 
8Tender for civil renovation works for the civil structures Details
 
8Tender for supply, installation, testing and commissioning of centralized air-conditioning system Details
 
8Tender for small hydro electric project civil renovation works for the civil structures Details
 
8Tender for civil renovation works for the civil structures Details
 
8Tender for supply of 11kV, 1250A, 40KA VD4 type vacuum circuit breaker Details
 
8Tender for work of complete upgradation of existing ABB micro SCADA at 400kV switching substation Details
 
8Tender for work of painting of MS towers of EHV lines Details
 
8Tender for annual maintenance contract (AMC) for repairing/ servicing/overhauling of air conditioner installed Details
 
8Tender for various civil annual maintenance works for 132kV substation Details
 
8Tender for Bi- annual rate contract for restoration of various 132kV/220kV class transmission line Details
 
8Tender for Bi- annual rate contract for restoration of various 400kV class transmission line Details
 
8Tender for Bi- annual rate contract for restoration of various 66kV class transmission line Details
 
8Tender for repair, maintenance, and installation of plant/ systems/equipments Details
 
8Tender for work of construction of control room and other civil work at 33 /11 kV sub station Details
 
8Tender for work of construction of control room and other civil work Details
 
8Tender for work of construction of control room and other civil work at 33 /11 kV sub station Details
 
8Tender for transportation of H-beam and RS joist various size Details
 
8Tender for empanelment of contractors to award a contract for survey, installation, testing and commissioning of 11kV line, 11/0.433kV distribution transformer Details
 
8Tender for supply of gavanised plain and galvanised corrugated sheets for various Details
 
8Tender for supply and installation of software web portal and integrated mobile applications for an online monitoring system Details
 
8Tender for repair, maintenance and minor civil works Details
 
8Tender for shifting and diversion of 11 kV feeder with UG cable Details
 
8Tender for repair, maintenance and minor civil works Details
 
8Tender for supply installation commissioning and transportation of HS ST jointing kit for 1.1 kV 4core 300 and 185 sqmm cable Details
 
8Tender for repair, maintenance and minor civil works Details
 
8Tender for turnkey contract including design, supply and installation for bifurcation of 22 numbers of 11 kV feeders Details
 
8Tender for augmentation of 56 nos different 11 kV feeders by replacing the existing ACSR conductor Details
 
8Tender for operation and maintenance of 11 kV, LT lines and sub-stations Details
 
8Tender for construction of counterfort retaining wall Details
 
8Tender for dismantling of existing defunct DSL bus bars and supply, installation and commissioning of 1000A copper shrouded DSL bus bars for 150/30T EOT cranes Details
 
8Tender for annual maintenance of control and relay panels Details
 
8Tender for annual maintenance of battery bank, DC distribution system, station auxiliaries system, control & relay panels Details
 
8Tender for supply, installation & commisioning of one no 500KVA, 11/0.4kV copper wound transformaer with complete fittings and accessories Details
 
8Tender for annual maintenance of generator transformers, unit auxiliary transformers Details
 
8Tender for supply of different size of power cables and cable jointing kits Details
 
8Tender for supply of various CPVC pipes & fittings for chlorination plant Details
 
8Tender for work of providing second PT source for 132kV and 33kV voltage level Details
 
8Tender for augmentation of substation by providing additional T/Fs & replacement of T/Fs at of EHV substation Details
 
You can also click on Tenders for more
 
For reference purposes the website carries here the following newsclips:
 
8Bihar moves ahead with 190 MW battery-backed wind-solar hybrid power procurement Details
 
8Emerging economies drive global wind and solar growth Details
 
8India turns to US for coking coal as Australia's dominance wanes Details
 
8After coal and sand, illegal soil mining comes to light in West Burdwan Details
 
8Punjab electricity board engineers flag PSPCL’s ‘unrealistic’ power loss target Details
 
8Tata Technologies' WATTSync supports India's Battery Aadhaar digital identity Details
 
8NITI Aayog report urges bold energy reforms to achieve $30 trillion GDP by 2047 & Net Zero by 2070 Details
 
8Global Wind and solar project pipeline hits record 4.9 TW in 2025, driven by emerging economies: GEM Details
 
8NTPC Green energy commissions 14.43 MW solar capacity at Khavda-I project in Gujarat Details
 
8Meet the ‘next Waaree’: 2 hidden solar small-caps for your watchlist Details
 
8INOXAP commissions a PESO-licensed large package warehouse for specialty gases, at Tirunelveli Details
 
8PM Surya Ghar scheme: 5-day solar awareness camps in city begin today Details
 
8Rs 200 trillion investment: Tata Power and 7 stocks that will benefit from the national electricity policy Details
 
8Adani electricity marks road safety month with safety Oath Details
 
8India’s solar capacity crosses 140 GW, drives renewable energy growth into 2026 Details
 
8Ceigall India secures Rs 1,700 Crore solar and BESS project at Morena solar park Details
 
8SEIL Energy bags top honours at national power gen water management awards Details
 
8IES taskforce releases version 0.3 strategy & architecture documents Details
 
8India plans 97 GW new coal, lignite-based power capacity to meet rising demand Details
 
8Euler Motors ties up with Jio-bp to expand EV charging infra Details
 
8REC Limited wins ICC green urja, energy efficiency gold award Details
 
8India domestic coal growth cuts import Reliance  Details
 
You can also click on Newsclips for more Details

Rs. 254 crore award resets the pricing floor for GeM-based mining services

Feb 09: 8A Rs. 254 crore award has landed far below the rest of the competitive band, creating a 28–32% pricing gap in a risk-heavy mining services package. Details

OCM outsourcing tender: Quietly shifts production risk

Feb 09: 8This OCM tender looks like a routine handling-and-transport package, but it is actually a bundled production outsourcing contract. Details

This GIS scope collapses substation and line energisation into one 18-month taking-over clock

Feb 09: 8The schedule is written as if GIS, civil works, and transmission lines share the same critical path. In reality, they don’t — and that mismatch is where claims are born.
8And the utility has made the contractor own the integration risk without explicitly saying so. Details

Kerala state electricity awards Rs. 674 crore turnkey distribution package

Feb 09: 8KSEB has awarded the turnkey distribution infrastructure package at an aggregate value of Rs 674 crore.
8The tender attracted only two bidders through the technical stage, narrowing competitive price discovery in a high-value turnkey format.
8The BOQ-wise outcome indicates a controlled pricing contest rather than an aggressive undercut. Details

Solar locks 1200 MW of firm solar-storage capacity under ISTS-XXI

Feb 09: 8Solar award compresses solar-plus-storage pricing into a band once reserved for plain solar.
8Only one-fifth of offered capacity survives the tariff guillotine.
8The real test now shifts from bidding rooms to construction sites and balance sheets. Details

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

Feb 09: 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

Storage classification triggers legal alarm

Feb 09: 8This utility argues that energy storage has no statutory identity under the Electricity Act and folding it into existing asset categories is described as legally unsound.
Click on Details for more
Details

Utility challenges CERC’s depreciation timeline for battery storage

Feb 09: 8Shorter financial recovery periods could deter private investment.
Click on Details for more
Details

Battery ageing enters tariff battlefield

Feb 09: 8Generators argue that ignoring degradation distorts both performance metrics and financial recovery.
Click on Details for more
Details

CEA stays neutral on tariff draft but flags hydro definition gap

Feb 09: 8The authority’s silence on broader provisions contrasts with its precise technical insertion.
Click on Details for more
Details

Kerala: Utility braces for retirement surge exceeding 1,000 employees

Feb 09: 8The scale signals demographic turnover inside the organisation.
Click on Details for more
Details

Telangana: Market purchases double approved benchmark cost

Feb 09: 8The regulatory question now is whether price volatility qualifies as uncontrollable. The decision will shape future market reliance norms.
Click on Details for more
Details

CERC vs. Powergrid-I: There are many fault lines

Feb 09: 1) Regulator reopens capitalisation claims from previous tariff block for solar transmission case
8Past approvals are not being treated as automatic precedents.

2) Regulator demands proof behind transmission cost escalation
8CERC has formally acknowledged that the Eastern Region Expansion Scheme project experienced cost overrun and has asked the utility to clarify whether revised cost approval is underway.

3) CERC tightens scrutiny on PGCIL solar interconnection transmission tariff claim
8Time overrun explanations and potential liquidated damages adjustments have become central risk variables.

4) Regulator demands loan-level interest proof for tariff approval
8CERC has asked Powergrid to disclose exact floating interest rates sourced from its loan compendium.

5) Regulator seeks appeal status of Tehri PSP before clearing transmission cost claims
8The regulatory rationale for linking appeal status to tariff approval is not explicitly stated.

6) CERC intensifies cost and delay scrutiny on Rajasthan REZ transmission project
8The broader signal points to a tightening regulatory stance on renewable transmission infrastructure cost validation.

7) CERC tightens scrutiny on Powergrid tariff claims for eastern split-bus assets
8The Central Electricity Regulatory Commission has escalated data scrutiny in Powergrid’s transmission tariff filing covering both the 2019–24 truing-up cycle and the 2024–29 control period.

8) Regulator questions capital cost trail for seven PowerGrid telecom transmission assets
8The scrutiny spans both the 2019-24 and 2024-29 tariff periods and beneficiaries may face tariff uncertainty if cost recognition is delayed.

9) Regulator demands loan computation transparency from Powergrid NE transmission tariffs
8The directive raises the compliance bar for tariff filings as transmission financiers and auditors are indirect stakeholders.

10) Regulator demands ACE breakdown before tariff approval moves ahead for Powergrid OPGW tariff petition
8Transmission licensees now face tighter validation on post-commissioning expenditure and financial closure for minor communication assets may slow.

11) CERC flags cost, delay, and financing gaps in Nalagarh ICT tariff case
8Revised capital cost, interest during construction, and liability schedules have been placed under direct scrutiny.

12) CERC flags delay scrutiny in solar-linked transmission tariff case
8Power Grid has been asked to justify time overruns and provide detailed financing cost disclosures before tariff determination proceeds.

13) CERC halts tariff scrutiny pending cost, IDC and delay disclosures in this interstate transmission project
8The directive targets assets linked to renewable generator connectivity at Bikaner-II, a node central to Rajasthan’s green power evacuation corridor.

14) CERC flags cost escalation risks in Powergrid’s North East communication tariff petition
8Beneficiaries and regional utilities could face delayed tariff certainty if responses are deemed insufficient.

15) Regulator demands loan-wise interest workings for Northern Region fibre-optic strengthening scheme
8This shifts scrutiny directly onto financing assumptions underlying capital cost recovery.

16) CERC flags cost overrun in Powergrid’s Hosur ICT tariff petition
8This is after noting an overrun against earlier financial approvals for the 2024–29 control period.
Click on Details for more
Details

Company Updates

Feb 09: Siemens Limited’s Smart Infrastructure segment drove results while Mobility margins stayed thin.
8That means Siemens’ profitability is increasingly concentrated in Smart Infrastructure rather than broadly distributed across divisions. Click on Details for more.

Azad India Mobility Limited’s quarterly sales rebound still sits far below last year’s base.
8If the company cannot re-expand toward that earlier revenue level, profitability improvements risk becoming a low-base optical effect rather than a durable operating reset.

CESC: Generation falls 4% while power purchase rises, shifting the profit mix away from owned supply.
8This means more of the unit economics may be coming from bought power rather than owned generation, which can alter margin stability depending on procurement terms and regulatory pass-through.

GMR Power and Urban Infra’s GKEL fair value depends on dispute settlements and expansion assumptions, not disclosed performance proof".
8That means a meaningful portion of “value” is effectively a bet on claim resolution and operational ramp-up, which are both execution- and adjudication-dependent.

Auditor’s internal control warning undermines Om Infra Limited’s claim of stable execution discipline.
8This means the company’s accounting systems are being questioned at the same time it reports improved quarterly profitability.

"Solarworld Energy Solutions goes to Delhi High Court after SGEL contract suspension and conditional bank guarantee invocation".
8That means the counterparty relationship has moved from execution friction into a court-protection phase, which usually reflects a breakdown in commercial resolution.

Zelio E-Mobility denies any undisclosed trigger behind the share price move.
8It states there is no event or information, including any impending announcement, that may have a bearing on the price or volume movement.

Indian Renewable Energy Development Agency Limited’s Rs 2,994 crore QIP plan caps government dilution at 3.76% 
8That means the capital-raise structure is being engineered around ownership optics as much as balance-sheet funding.

Waaree Renewable Technologies Limited’s bank loans get ‘rating watch’ tag .
8That means the market is being told the rating outcome is in flux, with a developing trigger that is not described in the exchange filing.

G R Infraprojects Limited’s profit rose, but the quarter’s tax bill jumped even faster.
8That means the post-tax outcome is materially more fragile than the pre-tax headline implies because a tax swing can erase a meaningful portion of net profit.

Bajel Projects Limited won a ?400 crore order .
8The scope is heavy on 765 kV line construction, which can turn into a right-of-way risk story

ACME Solar Holdings Limited highlights AA- rating for subsidiary debt, not parent balance-sheet strength .
8That means the credit headline is structurally ring-fenced inside one project SPV rather than reflecting consolidated leverage comfort.

Union Budget language drives the merger narrative, while the filing avoids the word ‘timeline’ entirely.
8The catalyst is not a deal document, but a budget speech line that the board treats as a trigger.

Torrent Power adds a Rs 2,000 crore NCD programme, but the filing reads like a reaffirmation note.
8That means the credit signal is stability, while the incremental news is capacity to raise more long-term debt under an unchanged rating band.

ACME Solar Holdings Limited announced a 301 MW FDRE win.
8The bid requires delivery of 4 MWh per MW during non-solar hours with 70% monthly and 85% annual availability obligations.

Star Delta Transformers Limited’s ?53.3 crore revenue hides that profit fell 48% sequentially.
8It means the operational narrative is fragile because higher sales did not protect earnings momentum.

HBL Engineering Limited’s Q3 revenue fell 28% sequentially, turning last quarter’s surge into a fade.
8That means the headline narrative is not “momentum” but volatility, with earnings power swinging by quarter even as the company keeps reporting profits.

Quality Power Electrical Equipments Limited claims ‘no deviation’ while deferring capex and M&A timelines.
8That means compliance is being defined narrowly as “not changing objects,” while execution slippage is still occurring in the use-of-proceeds plan.

Ujaas Energy Limited tells exchanges price movement is ‘market-driven’ and denies any undisclosed event".
8 It states it has not withheld any material information that would have a bearing on the price or volume of its shares and attributes the movement to market conditions.

Sarda Energy & Minerals Limited’s Q3 profit fell 42% sequentially despite a ‘resilient’ press release tone.
8That means the core quarterly signal is contraction, not 
resilience, and the narrative is doing more work than the numbers
Details

Contracting news for the day: Part-1

Feb 09: HPSEBL extends RDSS Shimla circle distribution tenders to 10 Feb, resetting the bid clock
8The move is not just a calendar tweak — it reshapes bidder pricing discipline and participation dynamics in a terrain-heavy EPC package.

Resource adequacy consulting tender tightens technical gates but exposes EMD contradictions
8JERC’s resource adequacy tender is structured like a regulatory production contract, not a standard consulting engagement.

HVPNL extends bid deadline for 132 kV line re-alignment linked to integrated aviation hub at Hisar
8HVPNL has pushed the bid deadline for the Hisar 132 kV line shifting package without changing a single commercial term.

Double bid extension tightens the spotlight on MGR manpower economics
8The owner has extended this GeM tender twice, but the real story sits inside the scope packaging.
8What looks like facility management is structurally a coal logistics operations manpower contract with consumables pushed onto the contractor.

30 MW/75 MWh BESS tender quietly shifts storage from EPC procurement to a financing-and-performance contract
8The bid is being sold as a tariff tender, but its real weapon is the VGF release structure.
8The project forces bidders to finance and operate like an IPP while still carrying grid-integration liabilities like an EPC contractor.
8The clauses look standard until you map where cash actually unlocks. Details

Contracting news for the day: Part-2

Feb 09: This composite tender hard-filters bidders with Rs 8.84 crore EMD and tight turnkey interface risk
8The contract quietly shifts commissioning risk by bundling 400 kV evacuation works and 132 kV mixed OH-UG execution into a single turnkey accountability frame.

MSETCL hardens the TBCB playbook with pre-bid tie-ups for the Balsane AIS project
8MSETCL is quietly changing how risk enters the tariff equation.
8The Balsane AIS project forces bidders to lock execution logic before price discovery.
8This single notice could reshape who wins — and who even dares to bid.

400 kv GIS extension tender ties Navi Mumbai ICT augmentation to 1100 MW connectivity push
8The tender looks standard on the surface, but the real risk will sit in outage sequencing, interface scope, and commissioning accountability.

9th re-tender for 50 MVA augmentation exposes persistent execution-risk mismatch
8The transformer is client-supplied, but the contractor still carries the highest-liability segment: energisation, bay integration, and commissioning at two substations.

KSEB’s 20 mva transformer tender tightens delivery control and shifts logistics risk onto OEMs

8KSEB’s latest 20 mva transformer package is not just a supply order — it is a 19-month production programme disguised as a tender.
8The real filters are buried in the delivery logic, banking exposure, and the DSC test gate that quietly separates mature OEMs from everyone else. Details

Regulatory Updates: Part I

Feb 09: 1) GERC freezes wind PPA cost dispute pending Supreme Court curative verdict
8The case also highlights how curative proceedings at the national level can stall state-level regulatory enforcement.

2) Gujarat regulator shuts down capacitor billing plea on jurisdiction grounds
8The decision signals a tightening of procedural discipline and a rejection of attempts to convert regulatory forums into public-interest grievance platforms.

3) Wind industry body withdraws GERC connectivity challenge after new procedure approval
8For renewable developers, the spotlight now moves to how the new connectivity regime will be interpreted and contested in future forums.

4) GERC closes hybrid tariff petition after earlier framework already settled issue
8It also signals that transitional gaps between policy announcements and tariff notifications will not automatically justify interim commissioning rights.

5) Regulator shuts down legacy solar tariff claim after Supreme Court precedent
8The decision reinforces judicial finality in tariff interpretation disputes. For legacy renewable projects, it signals that post-judgment revival attempts face steep legal barriers.

6) Chhattisgarh launches multi-year tariff reset across power value chain
8The regulatory cycle now underway will shape cost flows and tariff structures across Chhattisgarh’s electricity ecosystem for multiple years.

7) DVC: Past cost gaps return to the table
8This shifts the debate from just future projections to legacy financial performance as consumers could see delayed cost adjustments surface in upcoming orders.

8) Regulator begins cost true-up for past Tata utility operations
8The outcome will decide whether utilities recover shortfalls or return excess collections.

9) Regulator opens last consultation gate before tariff rule rewrite
8Generators, transmission licensees, and bulk consumers now face a narrow window to defend cost recovery positions.

10) UPPCL warns revised norms may weaken DISCOM cost recovery
8The utility argues this would strain already fragile state distribution finances.

11) Utility challenges storage tariff framework, seeks tighter regulatory control
8A major state utility has questioned the legal and financial architecture proposed for integrating energy storage into India’s central tariff framework.

12) Legacy control systems enter fresh tariff cycle
8Digital grid control infrastructure commissioned nearly a decade ago is now financially reset for another five-year period.

13) MAT-linked RoE shield protects transmission returns
8Despite capital corrections, return on equity remains insulated through tax gross-up using notified MAT rates and this preserves investor returns irrespective of tax regime variability.

14) Delay shadow hangs over RE transmission build-out in Rajasthan
8This timing shift raises regulatory focus on whether cost overrun justifications will hold as beneficiary utilities now face tariff flows tied to delayed infrastructure.

15) Regulator wipes out delay risk for NER assets
8The Commission ruled there was no time overrun in the commissioning of all three assets and this removes exposure to delay-linked cost disallowance.
Click on Details for more
Details

Regulatory Upadate: Part II

Feb 09: 81) Bihar SLDC filing moves to “reserved order” stage after Patna hearing on 6 February 2026 Click on Details for more
 
82) Bihar Commission reserves decision on BSPTCL’s FY2026-27 transmission tariff and ARR petition Click on Details for more
 
83) Bihar RE generic tariff for FY2025-26 heads to final order after only BSMA files comments Click on Details for more
 
84) BSHPCL true-up for FY2016-18 hits “readable annexure” gate as Bihar Commission reserves decision Click on Details for more
 
85) SBPDCL gets 15 Feb deadline to answer Rs 0.35/unit hike objections as Bihar tariff hearing closes Click on Details for more
 
86) Bihar tariff record reserves order but mandates NBPDCL response loop on objections by 15 February 2026 Click on Details for more
 
87) Bihar clears SLDC capex plan but rings-fences R&M elements in Rs 17.75 crore project basket Click on Details for more
 
88) Uttarakhand regulator opens tariff consultation with four public hearings from 18–27 February 2026 Click on Details for more
 
89) Maharashtra State Electricity Distribution Company Limited (MSEDCL) review case sees repeated Pune objector roster in de novo hearing record Click on Details for more
 
810) Maharashtra State Electricity Distribution Company Limited (MSEDCL) review hearing record repeats Amravati objector list without tariff detail Click on Details for more
 
811) Bihar State Power Holding Company Ltd. (BSPHCL) gets 190 MW peak-power approval at Rs 4.72/kWh Click on Details for more
 
812) DERC cuts BSES Yamuna Power Ltd. (BYPL) PPAC claim to 2.96% for 09.02–08.05.2026 Click on Details for more
 
813) Bihar regulator clears BSPTCL 64-project capex plan, but locks cost scrutiny to truing-up gates Click on Details for more
 
814) Bihar State Power Holding Company Ltd. (BSPHCL) gets 450 MW FDRE cleared at Rs 6.74/unit, CERC adoption rider Click on Details for more Details

UPERC Regulatory Upadate

Feb 09: 81) UPERC rejects Section 142 plea, underlines no power to quash FIRs or entertain writ petitions Click on Details for more
 
82) UPERC clears Ghatampur Transmission’s security package, but bars licence transfer without fresh approval Click on Details for more
 
83) UPERC admits KGBB Agritech’s plea to route power from Unit-2 to Unit-1, sets April hearing Click on Details for more
 
84) UPERC lets South East U.P. transmission firm add 233-day SCOD extension prayer, sets April hearing Click on Details for more
 
85) NPCL’s tariff filing moves to consultation stage; UPERC flags TVS issues and further data directions Click on Details for more
 
86) UPERC keeps Supply Code interpretation issue open, grants Ayesha Steel time to supplement pleadings Click on Details for more
 
87) UPERC demands consolidated report for 474 obligated entities, ties compliance monitoring to quarterly reports Click on Details for more
 
88) UPERC gives Jubilant Pharmova a final four-week window to justify Supply Code exemption against NPCL Click on Details for more
 
89) UPERC admits State DISCOM ARR filings, orders public notice within three working days Click on Details for more
 
810) UPERC admits NIDP Developers ARR petition, condones five-day delay under fees and fines regulation Click on Details for more
 
811) UPERC fixes 12 March hearing on Lalitpur Power Generation’s interest/carrying cost claim against UPPCL Click on Details for more
 
812) UPERC sets 12 March hearing on Lalitpur Power Generation’s interest/carrying cost claim on 03.06.2022 dues Click on Details for more
Details

CERC vs. Powergrid-II: High stakes game

Feb 09: 1) Regulator tightens data scrutiny for AGC redundancy transmission assets
8Transmission cost recovery now hinges on documentary precision.

2) Regulator seeks fresh cost proof for Delhi substation project from Powergrid
8The demand targets legacy capital expenditure now being trued up.

3) Regulator seeks RLDC proof before recognising asset charging
8The Commission has demanded a formal RLDC charging certificate, placing operational proof at the centre of tariff admissibility for Delhi transmission assets.

4) Date discrepancy in NCT approval triggers regulatory scrutiny
8The Commission has questioned inconsistencies in the reported date of the 28th NCT meeting in Powergrid Hassan ICT tariff.

5) CERC flags data gaps in ERSS-XV tariff filing, seeks detailed financial disclosures
8The move reinforces CERC’s sharper focus on data integrity before approving multi-year transmission tariffs.

6) Regulator reopens legacy capitalisation trail tied to transmission cost recovery tied to the Rihand system
8This raises questions over whether earlier deferrals are being repeatedly rolled forward.

7) Regulator flags financial model gaps in Powergrid tariff filing for this transformer upgrade
8The regulator is signaling that spreadsheet-level traceability is now mandatory.

8) CERC halts ERSS-XIV tariff process pending fresh cost and asset disclosures
8The development underscores rising regulatory emphasis on documentation discipline in multi-year transmission cost recovery.

9) Regulator demands delay accountability in RE transmission project
8CERC has ordered Powergrid to produce detailed, activity-wise delay explanations for four transmission assets linked to renewable evacuation.

10) CERC flags data gaps in Powergrid’s Bhadla transformer tariff petition
8The move places the Bhadla pooling station upgrade under intensified regulatory scrutiny just as the sector transitions into the 2024–29 control period.

11) Regulator questions cost escalation in southern grid upgrade
8The Commission has formally acknowledged that the project cost has exceeded earlier apportioned benchmarks

12) Regulator demands dual-period financial forms for Itarsi–Dhule transmission tariff
8This suggests the Commission is validating continuity between legacy capitalisation and new control-period claims.

13) Regulator demands COD proof for key Northern transmission communication asset
8This affects capitalization timing and associated depreciation and return claims. Beneficiary utilities could see delayed cost pass-through if approval is deferred.

14) CERC halts tariff processing for Indore fault-level control scheme
8By demanding revised cost estimates, spares accounting, and delay justifications, the Commission has signaled tighter verification before capital cost recognition.

15) Delay justification becomes central fault line in Pune ICT tariff review
8The regulator is not accepting aggregated delay narratives and instead seeks activity-level scheduling evidence.

16) CERC flags data gaps in Powergrid’s western region communication upgrade tariff plea
8The Commission has demanded fresh disclosures on cost financing, construction delays, and interest calculations before it proceeds further.

17) CERC flags data gaps in Bhutan-linked transmission communication tariff case
8By calling for liability flow statements, cost forms, and justification for time overruns, the regulator is signalling heightened scrutiny over capital efficiency and schedule discipline.

18) CERC flags cost and IDC gaps in Powergrid’s ERES-XXXI tariff bid
8This indicates potential divergence between original filings and prudence expectations
Click on Details for more
Details

Market Round-up

Feb 09: 1) Liquidity vanished on two venues as real-time hit the cap
8On 2026-02-07, real-time MCP touched Rs 10,000.00/MWh at 07:00 (T29), while two other venues printed zero/blank through the same blocks.
Inference: participation concentrated into one marketplace, turning early blocks into a thin-liquidity spike zone (price cap with no offsetting depth elsewhere).
Why it matters: when liquidity fragments, a single venue’s scarcity prints become the de-facto national reference, amplifying procurement risk for intraday balancing.

2) Day-ahead lost the plot against real-time before breakfast
8On 2026-02-07 at 06:45 (T28), real-time MCP surged to Rs 9,999.32/MWh while day-ahead at the same block was Rs 4,600.01/MWh (basis +Rs 5,399.31/MWh).
Inference: the shock is intraday-specific (not “priced in” day-ahead), consistent with a sudden balancing shortfall rather than a gradual demand trend.
Why it matters: a +Rs 5.40/kWh basis is a direct cost escalator for buyers leaning on RTM to correct schedules.

3) An afternoon price floor cracked despite normal day-ahead levels
8On 2026-02-08 at 15:45 (T64), real-time MCP collapsed to Rs 188.38/MWh (Rs 0.19/kWh) while day-ahead for the same block stayed at Rs 1,767.00/MWh.
Inference: the drop looks like a localized surplus pocket (or aggressive sell bidding) that RTM cleared but DAM did not reflect at the same granularity.
Why it matters: extreme intraday downside can destabilise dispatch incentives-good for opportunistic buyers, risky for flexible generators counting on shoulder-hour revenues.

4) Real-time prices fell when volumes rose-consistently, not occasionally
8Across 2026-02-06 to 2026-02-08, real-time MCP and real-time cleared volume moved inversely in the same blocks (lag 0 correlations: ρ≈-0.43, -0.52, -0.79 by day).
Inference: higher cleared volumes coincided with lower scarcity pricing, suggesting RTM tightness was driven by “thin” periods rather than uniformly high demand.
Why it matters: risk management should watch liquidity/participation as much as demand-thin blocks can be costlier than peak blocks.

5) Renewables carried the peak, but the system still leaned on balancing
8On 2026-02-07 (solar hours 07:00–17:00), max demand met was 235,957 MW at 09:43, with wind 4,507 MW (1.91%) and solar 57,834 MW (24.51%)-total VRE 62,340 MW (26.42%).
Inference: even with VRE >26% at peak, the market still showed severe intraday stress earlier that morning, pointing to timing/ramps rather than “not enough energy.”
Why it matters: policy focus shifts from adding MWh to ensuring flexible MW-otherwise volatility survives even on “good renewable” days.

6) Pumped storage turned net-pumping even with zero peak shortage flags
8For 2026-02-08, the PSP daily report shows Peak Shortage (MW) as 0, while the Schedule(MU) line contains negative entries (net pumping) alongside positive ones.
Inference: PSP was used for energy shifting/market economics (charging during softer blocks), not as an emergency shortage plug.
Why it matters: PSP behaviour can steepen intraday spreads-supporting low-price valleys and setting up sharper peaks when discharge is reserved.

7) North thermal missed the day’s program-hydro didn’t fully cushion it
8On 2026-02-05, Northern Region thermal generation was 776.60 MU vs program 970.79 MU, while hydro was 107.50 MU vs program 115.62 MU.
Inference: the thermal shortfall is large enough that any next-day scheduling reliance would push buyers toward intraday correction, raising exposure to RTM spikes.
Why it matters: when the base slips, balancing costs rise first-and they show up as volatile intraday MCP, not as a neat monthly adjustment.

8) Coal stress showed up as “zero cover” flags at a large station
8On 2026-02-07, a 1,320 MW station line shows PLF at 0% and “Stock vis-à-vis normative” printed as 0.0, with receipt and consumption also printed as 0.0 (flagged line item).
Inference: this looks like a non-running/constraint condition with coal logistics not flowing that day-exactly the kind of hidden fragility that can spill into short-notice balancing.
Why it matters: even isolated stoppages reduce system slack; the market then prices “surprise scarcity” into a handful of blocks at punitive rates.
Click on Details for more
Details

Miscellaneous Update: Part I

Feb 09: 1) India’s ISTS transmission losses ease as renewable-heavy daytime flows improve grid efficiency
8The most loss-intensive periods remain early-morning low-load hours and evening ramp windows, where directional stress and reactive flows typically rise.

2) Nighttime loss volatility remains structurally high
8Loss swings in late night blocks remain wide, often crossing 5%. This volatility suggests unstable low-load voltage and reactive conditions (R1)

3) Rajasthan dispatch stack shows coal dominance as gas and liquid units price out of the system
8But a regulatory revision in state sector tariffs has reshuffled merit positions, indicating that commercial decisions - not just fuel efficiency - are influencing dispatch order.

4) Rajasthan discom adopts sports performance pay incentives for employees
8Staff delivering standout performances at national and international competitions will now receive structured personal pay increments linked to their pay level.

5) HESCOM: Refunds ordered even as losses accumulate
8How did it end up doing so

6) CESC Mysuru: Large financial totals suggest settlement-style processing rather than routine billing
8Such scale typically aligns with staff settlements, arrear adjustments, or major financial reconciliations.

7) HVPNL:  February payout locks in large cash outflow from state transmission utility
8Transmission operations remain unaffected, but treasury planning tightens.
Click on Details for more
Details

Miscellaneous Update: Part II

Feb 09: 8ICRA assigns BB- (Stable) to Umariya Green Energy’s Rs 200 crore term loan; DCCO July 2027. Click on Reports for more.
8C.S.P. Distribution seeks 300 MW evening power for March; reverse auction on 18 Feb. Click on Reports for more.
8Damodar Valley Corporation seeks 400 MW April evening thermal supply via HPX reverse auction. Click on Reports for more.
8Rajasthan Urja Vikas seeks 500 MW thermal supply for April 2026 mornings via HPX reverse auction.Click on Reports for more.
8Chhattisgarh Discom seeks up to 450 MW in March 2026 via HPX reverse auction windows. Click on Reports for more.
8Rajasthan Urja Vikas seeks 500 MW evening power for April via PXIL reverse auction. Click on Reports for more.
8Rajasthan Urja Vikas seeks 500 MW thermal power via HPX reverse auction for April 2026 delivery. Click on Reports for more.
8IRENA’s PV supply-chain cost tool is framed as “directional”, built on documented assumptions. Click on Reports for more.
8IRenewables plus nuclear are projected to reach about half of global generation by 2030. Click on Reports for more.
8KSH repays Rs 226 crore of debt in late December 2025; debt-to-equity stated at 0.42x. Click on Reports for more.
8Rooftop solar subsidy in PM Surya Ghar is capped at Rs.78,000 for systems 3 kW. Click on Reports for more.
8KESCO review flags year-end reset risk in UPPCL power purchase bills; quarter profit Rs 10.24 crore. Click on Reports for more.
8HPX fixes Feb 9 reverse auction window for DVC’s 400 MW April 18:00–24:00 requirement. Click on Reports for more.
8PSTCL sets bonus provision formula using Labour Commissioner minimum wages, with specific JV booking heads. Click on Reports for more.
8DVC seeks 300 MW March evenings via HPX reverse auction. Click on Reports for more.
Details

Power Committee Updates

Feb 09: 1) North Eastern Grid: Planning to risk management
8The North Eastern region is entering a phase where operational discipline, funding clarity, and regulatory compliance will determine grid resilience more than asset creation alone.

2) Metering failures: The weakest link that won’t heal in the North East
8Despite years of discussion, SEM data gaps persist across multiple states. The 45-day ultimatum marks a rare escalation. Metering has quietly moved from a backend issue to a compliance red flag. Continued failure could undermine settlement credibility.

3) Why is India’s hydro generation losing its balancing power-literally
8Country’s clean flexibility resource is becoming unreliable just when it’s most needed.

4) Shutdowns everywhere, headroom nowhere: How transmission execution is colliding with a stressed southern grid
8What emerges is a pattern: national infrastructure projects, renewable evacuation lines, and deferred commissioning milestones are all competing for shutdown windows that the grid can no longer comfortably provide.

5) The shutdown economy in India’s power sector: When every transmission outage becomes a negotiation
8Repeated shutdown requests now resemble commercial negotiations rather than technical clearances. The OCC is weighing megawatts of lost ATC against months of delayed project execution. This is no longer outage planning - it is risk pricing. The Southern grid is effectively operating on borrowed margins.
Click on Details for more
Details

Daily forward looking import matrices

Feb 09: 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

Download tenders and newclips

Feb 09:  For reference purposes the website carries here the following tenders:
 
8Tender for providing and laying of water proofing treatment work over roof Details
 
8Tender for enabling works Details
 
8Tender for running contract for erection maintenance dismantling of electrical networks Details
 
8Tender for supply of switch fuse Details
 
8Tender for operation & maintenance work of drawl & supply of brackish water from bore wells / ponds Details
 
8Tender for supply of various types miscellaneous consumable items Details
 
8Tender for misc civil work Details
 
8Tender for oil leakage attending with complete overhauling of 25 MVA, 15/6.75KV station auxiliary transformer Details
 
8Tender for supply of LT three phase channel cross Arm Details
 
8Tender for strengthening and providing protective coating in the RCC/ PSC structures in conveyor Details
 
8Tender for supply of V cross arm Details
 
8Tender for providing 1X160 MVA, 220/132 kV hot T/F and associated bays Details
 
8Tender for supply of hot dip galvanised 4.5 m extension (10nos)for 110 kV D30 tower including bolts and nuts Details
 
8Tender for development of 400 kW grid connected roof top solar power project Details
 
8Tender for shifting of precast RCC box culverts Details
 
8Tender for supply, erection, commissioning of LT MCC Details
 
8Tender for horticulture & green belt management Details
 
8Tender for supply of various transmitters Details
 
8Tender for adding LT ABC for street main Details
 
8Tender for interlinking 11 kV feeders Details
 
8Tender for installation of 10Nos RMUs feeder Details
 
8Tender for creation of 2 No. 220kV line bays at 220 kV substation Details
 
8Tender for creation of 5 no. 132 kV AIS line bays Details
 
8Tender for augmentation of 220kV substation Details
 
8Tender for supply of thermocouple and RTD etc Details
 
8Tender for work of insulation work on boiler and its auxilliaries turbine piping and equipments Details
 
8Tender for fabrication, painting, supply and erection of stringer channel assembly for 1400mm belt width conveyor Details
 
8Tender for work of sealing rings for 210 MW LMW design turbine Details
 
8Tender for procurement of stay set complete Details
 
8Tender for supply of 11kV AB switches 200 Amps with 11kV PT insulators Details
 
8Tender for supply of HS type straight joint Kit suitable 11kV 3X300 sqmm XLPE UG cable Details
 
8Tender for renovation work including painting of control room Details
 
8Tender for development of drainage system and construction of concrete Details
 
8Tender for desilting tank covering, access upgrades and protection worksDetails
 
8Tender for operation and maintenance of 11 kV, LT lines Details
 
8Tender for execution of sub station operator (SSO) works and operation and maintenance of 33 kV, 11 kV, LT lines Details
 
8Tender for replacement of burnt and damaged AB cable Details
 
8Tender for replacement of ACSR conductor by covered conductor Details
 
8Tender for construction of 02Nos 2x5MVA substation Details
 
8Tender for repair and maintenance with major overhauling of 45 MT gantry crane of power station Details
 
8Tender for ARC for laying of HT underground cable Details
 
8Tender for supply of filled CO2 gas cylinders for generator CO2 flooding system Details
 
8Tender for supply of H.V. bushings of power transformers installed Details
 
8Tender for supply and installation of FRP pipe & supply of FRP bend Details
 
8Tender for supply of MS hot dip galvanized grills for various Details
 
8Tender for supplying and compaction of earth filling at the 66 kV sub station Details
 
8Tender for supply of various carpentry work material for day to day maintenance work Details
 
8Tender for work of repairing of various pulleys of conveyor belts and miscellaneous work Details
 
8Tender for service contract for VFD tray VS live frame and wagon tippler chalk beam Details
  
8Tender for biennial maintenance contract for mechanical maintenance work in dry ash system Details
  
8Tender for construction of temporary 33/11 kV sub-station Details
  
8Tender for renovation work (civil works) Details
  
8Tender for construction of one(01) no. of temporary 33/11 kV sub-station Details
  
8Tender for UG cable work for the erection of 33 kV incoming feeder lines Details
  
8Tender for construction of one(01) no. of temporary 33/11 kV sub-station Details
  
8Tender for rate contract for installation of various Details
  
8Tender for supply of complete LP water pump Details
  
8Tender for strengthing of damaged power transformer Details
  
8Tender for renovation of transformer plateform, yard leveling Details
  
8Tender for renovation of control room by replacing broken stone patti slab by RCC and other repair works of yard Details
  
8Tender for const. of retaining wall, approach and other works at 33 kV S/S Details
  
8Tender for supply of spares for air compressors Details
  
8Tender for requirement of ASCO make solenoid valves with coils and its spares Details
  
8Tender for procurement for various rotor stands Details
  
8Tender for assistance in carrying out miscellaneous routine maintenance works of 132kV substation Details
  
8Tender for supply, erection and commissioning of 132/33kV transformer (HV and LV) CandR panel Details
  
8Tender for assistance in carrying out miscellaneous routine maintenance works of 132kV substation Details
  
8Tender for supply of decentralized material Details
  
8Tender for work and decentlized material Details
  
8Tender for supply of decentralized material Details
  
8Tender for carrying coal dozing works like levelling, ramping, spreading away from stacking Details
  
8Tender for supply, erection, testing and commissioning of new inergen- IG 541 fire suppression system Details
  
8Tender for Bi-annual rate contract for survey & route alignment using modern techniques for various 66/132/220kV transmission lines Details
  
8Tender for supply, erection, testing & commissioning of 132 kV 1C × 800 sq.mm, 2 ×(3+0) XLPE underground cable Details
  
8Tender for construction of 66kV/220kV transformer bay Details
  
8Tender for construction of 66kV/220kV transformer bay & feeder line bays Details
  
8Tender for repairing and retrofitting work of various Details
  
8Tender for annual maintenance contract for routine, preventive, shut down and emergency maintenance of TG, boiler, ESP area and BOP electrical auxiliaries installed Details
  
8Tender for annual maintenance contract for preventive maintenance, defect attending, emergency work and overhauling of electrical equipment/auxiliaries Details
  
8Tender for work of rate contract for supply of required of spares, repairing & testing of healthiness of NIFPS along with demonstration at various EHV substation Details
  
8Tender for extending HT ABC Details
  
8Tender for Re-conductoring of LT line Details
  
8Tender for biennial contract for maintenance work of drinking service water supply line and miscellaneous repairing work Details
  
8Tender for procurement of pressure transmitter and differential pressure transmitter Details
  
8Tender for life enhancement of the beams under the rail line Details
  
8Tender for refurbishment of under carriage set Details
  
8Tender for structural steel work Details
  
8Tender for laying of 33 kV and 11kV XLPE cable Details
  
8Tender for work of conducting mandatory energy audit through accredited energy auditor Details
  
8Tender for breakdown, periodical, preventive and shut down maintenance of 220 kV switchyard, 66 kV switchyard Details
  
8Tender for const. of tubewell at various 33/11 kV s/s Details
  
8Tender for const. of fire wall for power transformer Details
  
8Tender for P/F FRP fencing work at various Details
  
8Tender for augumentation and expension of control room with other allied additional works of 33 kV S/S Details
  
8Tender for construction of tubewell for power earthing and water supply arrangement Details
  
8Tender for annual repair of tube well Details
  
8Tender for P and F yard lights at various 33 kV S/S Details
  
8Tender for augmentation and expension of control room with other allied additional works of 33 kV S/S Details
  
8Tender for replacement of damaged wornout obsolete railways track Details
  
8Tender for replacement of existing 1X25MVA, 220/33kV power transformer Details
 
You can also click on Tenders for more
 
For reference purposes the website carries here the following newsclips:
 
8MNRE’s fourth ALMM cell update strengthens India’s solar supply chain Details
 
8India, Seychelles to boost defence, blue economy, renewable energy ties Details
 
8Mumbai strengthens grid with completion of 1,000 MW renewable energy Kudus–Aarey HVDC corridor Details
 
8J&K harnesses just 24 percent of hydropower potential; capacity set to double by 2028 Details
 
8J&K Hydro power capacity to cross 7300 MW Details
 
8Coal India CMD urges employees union to exempt coal industry from one-day planned strike on 12 Feb Details
 
8With a remarkable capacity of 253.96 GW, India’s power sector advances towards a future in renewable energy Details
 
8AESL secures Japanese green finance for major HVDC transmission project Details
 
8DEE wins largest-ever Rs 90 crore windmill tower contract Details
 
8Improving Asset Performance: Automation, analytics and digitalisation define solar O&M strategies Details
 
8Pahal Solar expands manufacturing capacity to 3GW; receives ALMM approval and BIS 2023 certification Details
 
8India and Malaysia boost ties; focusing on energy, semiconductors, and defence Details
 
8Galaxy solar signs Rs 10,080 Crore MoU with maharashtra government to boost solar manufacturing and Infrastructure Details
 
8CERC Adopts tariffs for 2,100 MW firm and dispatchable renewable energy with storage Details
 
8Green power reaches a choke point, and the search is on for a way outv Details
 
8Electricity Price Volatility: Strategies to stabilise prices in India’s spot electricity market Details
 
8Radiance secures $100M for India green energy expansion Details
 
8L&T plans 32 MW data centre capacity by March-end, eyes electrolyser orders Details
 
8Government to constitute high-level panel on banking soon: Finance Minister Details
 
8Global electricity demand to surge over 3.5% annually through 2030, says IEA report Details
 
8Karnataka energy dept to focus on solar power Details
 
8Tata Power vs Adani Power: which company will lead India’s power Sector Details
 
8India Energy Stack v0.3: One-stop digital platform for electricity data Details
 
8Beyond NTPC: 3 ‘atomic’ underdogs positioned for India’s proposed Rs 20,000-crore PLI Details
 
You can also click on Newsclips for more Details

Download tenders and newclips

Feb 07:  For reference purposes the website carries here the following tenders:
 
8Tender for repairing and renovation of transformer accessories Details
 
8Tender for procurement and installation of LED based smart street lighting system Details
 
8Tender for work of stator rewinding of 66kV 3500KW 1485 RPM 371A boiler feed pump motor Details
 
8Design, fabrication, supply, installation, testing, commissioning of total of 10HP DC solar water pumping system Details
 
8Design, supply, installation, testing, commissioning of total 210 kW capacities of grid connected solar PV plant Details
 
8Design, supply, erection, testing and commissioning of 13 No. 220/66/11kV, 160MVA power transformers Details
 
8Tender for refurbishment-renovation of existing project Details
 
8Tender for supply, erection, commissioning & O&M of constrcution power supply system package Details
 
8Tender for unified civil annual M and R works At various voltage sub-stations Details
 
8Tender for M and R works at various voltage transmission sub-stations Details
 
8Tender for supply, erection, testing & commissioning of 33 kV outdoor vacuum circuit breaker Details
 
8Tender for work of overhauling & complete rewinding of 2 MVA, 3.3 kV/33 kV generating transformer Details
 
8Tender for operation and maintenance work of air conditioning system Details
 
8Tender for procurement of spares of screw type lubricating oil pump of various auxiliaries Details
 
8Tender for procurement of various size HT fasteners used Details
 
8Tender for repair & strengthening work of induced draft cooling tower Details
 
8Tender for providing chain link fencing Details
 
8Tender for procurement of 1500 Nos ISI MARKED insulated Details
 
8Tender for desilting of raw water reservoir Details
 
8Tender for construction of RCC road along with tit-bit renovation of switchyard Details
 
8Tender for renovation modification and roof treatment Details
 
8Tender for renovation and roof treatment Details
 
8Tender for procurement of throat plates and bottom cone for U#3 coal mill overhauling Details
 
8Tender for procurement of cylinder head assy,liner and cylinder liner gasket kit Details
 
8Tender for comprehensive biennial maintenance contract for room, tower and duct-able Details
 
8Tender for regular water supply by operating valves pumps buster pumps etc Details
 
8Tender for biennial rate contract for different cable laying and associated work Details
 
8Tender for supply of 2000Nos of GI earth pipe Details
 
8Tender for operation and maintenance of pressurized dense fly ash collection system Details
 
8Tender for supply of GI earth pipe Details
  
8Tender for erection of 110 kV DC line on DC tower by making LILO in the existing Details
  
8Tender for erection, dismantling transportation of poles, distribution transformers, HT/LT lines Details
  
8Tender for daily maintenance in three shifts checking of fire water pumps, equipments Details
  
8Tender for establishment of material testing laboratory Details
  
8Tender for construction of 33 kV bay at 33/11kV sub-station Details
  
8Tender for replacement of existing old 9-unit control panel Details
  
8Tender for major overhauling along with supply of spares of the 37.2 MW steam turbine Details
  
8Tender for upgradation of hydraulic system/ powerpack Details
  
8Tender for annual contract for industrial housekeeping of power house Details
  
8Tender for engagement of an independent engineer as per the coal mining agreement Details
  
8Tender for repair and maintenance of damaged chajjas lintels column beam Details
  
8Tender for rehabilitation of old waterfall Details
  
8Designing, fabricating, testing, installing and fixing in position curtain wall with aluminum composite panel cladding Details
  
8Tender for restoration of hill slide with providing protection wall along Details
  
8Tender for repair of damaged portion of retaining wall Details
  
8Tender for demolition and removal of damaged left RCC abutment along Details
  
8Tender for repair of spillway apron and downstream protection Details
  
8Tender for diversion tunnel construction adit including Details
  
8Tender for renovation of 33/11 kV S/Stn. Details
  
8Tender for replacement of DP/FP structures with towers Details
  
8Tender for procurement of spares of USHA compressors make silo blower Details
  
8Tender for biennial work contract for providing assistance Details
  
8Tender for up gradation of turbine governing EHC and LP bypass EHC system Details
  
8Tender for execution of electrical works upto 11 kV HT /LT level Details
  
8Tender for setting-up of 16 MW/40 MWh battery energy storage system Details
  
8Tender for replacement of DTR cables for smart metering Details
  
8Tender for replacement of old damage PVC cable for smart meter installation Details
  
8Tender for erection, dismantling transportation of poles, distribution transformers Details
  
8Tender for procurement of rails and its accessories Details
  
8Tender for replacing the damaged cement slabs Details
  
8Tender for renovation of the existing defective air ventilation system by modification renewal of worn out parts Details
  
8Tender for supply and installation of phase synchronizing device (PSD) for 420 kV circuit breakers. Details
  
8Tender for three years rate contract for supply of FD & PA fan blades Details
  
8Tender for supply of conveyor belts Details
  
8Tender for soil investigation in connection with the upgradation of 110kV SC line Details
  
8Tender for laying of 33 kV cable Details
  
8Tender for construction of control room at 110kV substation Details
  
8Tender for carrying out dyuthi 2.0 HT works Details
  
8Tender for supply of 33 kV pins Details
  
8Tender for supply of ACSR DOG conductor Details
  
8Tender for supply of 33 kV porcelain type pin insulator Details
  
8Tender for supply of 11 kV porcelain type pin insulator Details
  
8Tender for supply of ISI marked 11 kV aluminium conductor Details
  
8Tender for purchase of 80 MVA 132/33 kV auto transformer Details
  
8Tender for purchase of 200 MVA 220/132 kV auto transformer Details
  
8Tender for purchase of 33 kV single phase 2.4 kVAR and 1.2 kVAR dry type series reactors Details
  
8Tender for disc replacement work of 132 kV SC line Details
  
8Tender for augmentation work of 132kV transformer Details
  
8Tender for augmentation work of 40/50 MVA transformer Details
  
8Tender for extension of battery room & PLCC room Details
  
8Tender for annual repair of roof leakage Details
  
8Tender for annual contract for mechanical maintenance of BOP and DM plant Details
  
8Tender for requirement of spares of turbo supervisory system Details
  
8Tender for outsourcing of ETC of addl 02 no 20 MVA power TFs Details
  
8Tender for construction of additional TF plinth and allied civil works at the 66kV sub station Details
  
8Tender for construction of additional TF plinth and allied civil works Details
  
8Tender for construction of all technical civil works at the 66kV S/S Details
  
8Tender for AMC for work of overhauling/servicing with spares of 11kV circuit breakers of various at various substations Details
  
8Tender for work of various routine, preventive and breakdown maintenance of feeder breakers Details
 8Tender for work of as & when required rate contract for online leak sealing services for high pressure/temperature valves, lines etc. Details
 
8Tender for misc. civil works required Details
 
8Tender for supply of various LT cables and LUGs Details
 
8Tender for bi- annual rate contract of transportation including loading, unloading & stacking of material /equipment Details
 
8Tender for erection of equipment and structure, control wiring, yard Details
 
8Tender for work of complete overhauling of boiler pressure part, coal burners Details
 
8Tender for procurement of various types of valves Details
 
8Tender for work of overhauling & re-commissioning of R.O. feed pumps Details
 
8Tender for work of erection of 220/66kV 100MVA transformer bay with 66kV bus extension with associated Details
 
8Tender for work of providing and fixing high voltage busbar insulation tape, and heat shrinkable busbar insulating tubing at various Details
 
8Tender for supply of 02 Nos. of 5kV insulation tester with accessories Details
 
You can also click on Tenders for more
 
For reference purposes the website carries here the following newsclips:
 
8Jharkhand dhanbad demands coal mining penalties from firms Details
  
8Death toll rises to 18 in coal mine blast in northeast India Details
  
8NSE to set up coal exchange subsidiary, plans Rs 100 crore capital infusion Details
  
8Renewable energy news: NTPC, Vestas, CWP Energy Details
  
8India’s rare earths push finds possible ally in Germany’s wind energy needs Details
  
8India is our hope’: New Delhi can cut solar dependence on China now, industry expert tells Firstpost Details
  
8Initial testing of Banswara atomic power project expected by FY33: Naik Details
  
8Govt extends bid submission deadline of auction round OALP-X to May Details
  
8Jupiter International secures Silver Award at Green Urja Awards Details
  
8Vietnam more cost-competitive than India in cell, PV module production, says IRENA Details
  
8India wraps up 1.2 GW renewables-plus-storage tender at $0.069/kWh Details
  
8Simplex infrastructures secures Rs. 91.96 Crore power sector contract Details
  
8Power ministry rolls out India energy stack v0.3 framework Details
  
8From 25 crore ACs to AI data centers: The massive energy shift powering these 3 stocks Details
  
8Insolation energy appoints former IAS officer shreemat pandey as additional independent director Details
  
8Advait Energy Transitions emerges winning bidder for tender issued by Power Grid Corporation of India Details
  
8The difference between power transmission and distribution Details
  
8Serentica Renewables secures major SECI allocation Details
  
8Coal India commissions first 5 MW solar power plant on OB Dump, Cuts 8,190 Tonnes of CO annually Details
  
8India pushes green technologies to power more sustainable food processing industry Details
  
8SJVN’s Rampur hydro station generates 2000 MU in record time Details
  
8India Energy Stack (IES) Taskforce releases Version 0.3 strategy and architecture documents Details
  
8NTPC Appoints Kishore Chandra patra as head of project at 2,600 MW Korba Power Station Details
  
8India AI stack: powering intelligence, turning data into real-World impact Details
 
You can also click on Newsclips for more Details

NHPC’s Parbati-II tariff recovery curbed amid massive delay overhang

Feb 06: 8Instead of allowing the standard 90% interim tariff, the Commission limited recovery to 75%, citing the unusually large share of financing costs embedded in the project’s capital base.
8The ruling signals a tougher regulatory stance on legacy hydro delays entering the new tariff period.
Click on Details for more
Details

Cummins India’s Flat Revenue Masks a Margin Boost — But the Driver Isn’t Clean

Feb 06: 8Cummins India Limited’s flat revenue masks a margin boost
8And where does that come from?

Click on Details for more. Details

Kerala moves to lock long-term power adequacy under binding planning rules

Feb 06: 8Kerala’s power regulator has unveiled a draft framework that formally shifts the state into structured, forward-looking resource adequacy planning. Distribution utilities will now be required to forecast demand over a 10-year horizon and tie up firm capacity aligned with national planning reserve margins.
Click on Details for more
Details

Kerala mandates 24x7 supply, auto-compensation, and strict reliability tracking

Feb 06: 8The overall direction points to a shift from reactive grievance redressal toward real-time regulatory surveillance of distribution performance.
Click on Details for more
Details

D.B. Corp’s rooftop solar push collapses

Feb 06: 8Find out what really happened.
Click on Details for more. Details

Cross-border transmission asset locked into revised tariff discipline through 2029

Feb 06: 8Bangladesh remains the primary paying beneficiary, meaning the financial impact flows outward rather than across Indian DISCOMs.
Click on Details for more
Details

Northern grid disturbances shift from equipment failures to inverter-driven instability between December and January

Feb 06: 8The most striking anomaly was a nearly 3.8 GW instantaneous RE generation loss in Rajasthan during a voltage dip and overvoltage cascade. For operators and regulators, the tension is no longer just equipment reliability, but dynamic stability in a grid with rapidly rising inverter-based generation.
Click on Details for more
Details

India’s grid absorbs a 5.5 BU winter demand surge without slipping into shortage

Feb 06: 8The data signals strong generation availability, coordinated dispatch, and sufficient fuel logistics during a period that typically tests thermal fleet resilience. For system operators and regulators, the takeaway is clear: reliability held firm even as winter demand climbed
Click on Details for more
Details

Parliamentary Briefs

Feb 06: 8Progress in Power Generation (Lok Sabha) Details
8Current Status of Installation of Smart Meter (Lok Sabha) Details
8Share of Non-fossil Fuel Sources in Total Installed Capacity (Lok Sabha) Details
8Increasing Demand of Electricity (Lok Sabha) Details
8Loss suffered by SEBs (Lok Sabha) Details
8Power Supply in Rural Areas (Lok Sabha) Details
8Installation of Smart Pre-paid Meters in Jamui (Lok Sabha) Details
8Policy for the Large-scale implementation of Insulated Conductors (Lok Sabha) Details
8Setting up of Thermal Power Plants in Bihar (Lok Sabha) Details
8Power Distribution Projects in Budaun (Lok Sabha) Details
8Frequent Power Cut during Peak Hours (Lok Sabha) Details
8Setting Up of Nuclear Projects by NTPC (Lok Sabha) Details
8Financial Status of DISCOMs (Lok Sabha) Details
8Power Demand (Lok Sabha) Details
8Cross-Border Power Trade (Lok Sabha) Details
8Agricultural Feeders under DDUGJY (Lok Sabha) Details
8Desiltation and Sediment Management Proposal prepared by BBMB (Lok Sabha) Details
8Carbon Credit Trading Scheme (Lok Sabha) Details
8Financial Losses of DISCOMs (Lok Sabha) Details
8Effectiveness of Carbon Market (Lok Sabha) Details Details

Market Round-up

Feb 06: 1) Morning DAM blowout priced a scarcity premium long before RTM cleared it
8DAM MCP jumped to Rs 8.70/kWh at 07:30–07:45 (T31–T32), while RTM for the same blocks cleared at Rs 5.35/kWh and Rs 5.00/kWh.
Inference: The premium looks “forward” (DAM) rather than real-time (RTM): DAM purchase bids stayed far above sell bids through the spike window, signalling tight sell-side depth into the morning ramp.
Why it matters: a Rs 3.70/kWh DAM–RTM basis at T32 is pure forecasting cost for buyers who could have leaned on RTM.

2) DAM hit a hard regime break after 08:00; volatility was not “smooth”
8After the spike, DAM MCP dropped from Rs 6.25/kWh (08:00, T33) to Rs 3.94/kWh (08:45, T36) in under an hour.
Inference: This looks like a cleared-supply catch-up (sell side recovering) rather than demand collapse, because scheduled volumes stayed sizable while prices mean-reverted sharply.
Why it matters: it increases the value of intra-day re-optimisation; static DAM positions were punished on both sides of the break.

3) Real-time balancing stayed “heavy” all day even without an obvious shortage headline
8NLDC’s ancillary/SCUC daily sheet shows SCUC-Up scheduled 48,162 MWh and SCUC-Down scheduled −48,103 MWh on 2026-02-05.
Inference: Near-symmetric up/down energy points to continuous re-balancing (commitment + de-commitment) rather than one-direction scarcity.
Why it matters: this kind of churn typically amplifies RTM price sensitivity and raises balancing risk for states riding close to schedules.

4) HPX ASDAM printed “zero market” blocks — a liquidity signal, not a footnote
8HPX ASDAM shows 0.0000 MWh cleared across successive 15-minute blocks on 05/02/2026 (market effectively absent at block level).
Inference: With DAM/RTM price discovery happening elsewhere the same day, this looks like liquidity concentration risk: fewer venues meaningfully set short-term prices.
Why it matters: thin venues can’t absorb stress when one exchange tightens, raising systemic execution risk for participants.

5) PXIL IDAS showed bids but no cleared price/volume — a fragmentation warning
8PXIL’s IDAS volume profile lists sell bids (e.g., 104.50 MWh at 00:00–00:15) but shows MCV/Scheduled Volume/MCP.
Inference: This pattern is consistent with order-book presence without matchable counterparties (or a no-trade day for the product).
Why it matters: partial liquidity creates false comfort in “available” supply while forcing actual procurement into other, potentially costlier routes.

6) NER frequency compliance was weak on 2026-02-04 — 26% of time outside IEGC band
8NER FDI sheet reports frequency outside 49.9–50.05 Hz for 26.08% of the day (6.15 hours), with min 49.83 Hz and max 50.27 Hz.
Inference: The tail risk is not about average frequency (reported 50.01 Hz), but about time spent outside the band — a control quality issue.
Why it matters: sustained excursions increase deviation exposure and undermine confidence in “stable grid” claims built only on averages.

7) High scheduled drawal plus meaningful OD/UD clustered in a few big states
8NLDC PSP state table shows large drawal schedules alongside material OD/UD: Maharashtra 199.4 MU schedule with −2.9 MU OD/UD; Rajasthan 99.0 MU with −4.8 MU; Tamil Nadu 220.7 MU with +0.8 MU (all on 2026-02-05).
Inference: These are “high-throughput” states where small percentage errors convert into big absolute deviations, especially during ramp hours.
Why it matters: the same states are the first to transmit balancing stress into market prices and ancillary deployments.

8) DAM–RTM basis widening followed RTM moves with a 1-block lag (statistically, not rhetorically)
8Using the full 96-block MCP series on 2026-02-05, the DAM–RTM basis shows a 1-block lag correlation ~ρ=0.49 with RTM MCP (0–8 block scan), crossing your |ρ|≥0.35 flag.
Inference: RTM volatility appears to “pull” the basis wider in the next block more than it is purely simultaneous — consistent with buyers re-pricing forward exposure after seeing RTM.
Why it matters: procurement teams can’t treat DAM and RTM as independent levers intra-day; the basis is reactive and can snowball.
Click on Details for more
Details

Power Committee Updates

Feb 06: 1) NR’s deviation economics flipped in a week: the WR–NR rent collapsed-and Delhi quietly became the week’s biggest ‘discipline winner’
8This reads like a grid that tightened one set of deviations (especially inter-regional) while exposing a second-order truth: NR’s “discipline” is still entity-specific, not systemic-so the money just rotates to the next weakest participant.

2) Delhi’s reactive bill collapses, but the pool’s receivable stack grows-UP and NTPC tighten their grip on VAR money flow
8This fortnight reads like a grid whose reactive economics are tightening into a few large sinks and a handful of volatile payers, with Delhi’s swing the cleanest behavioural change on the payable side.

3) WR’s transmission “availability” story is being propped up by month-long deemed outages-while the real risk is drifting into weather, pollution, and asset-health failures
8The grid’s fragility shows up more sharply through environment-driven faults-kite thread marks, stubble-burning fly-ash induced faults, and temperature-linked equipment limitations-signalling that “externalities” are now operational variables.

4) January in East India closes with a split-screen incentive story: a few units mint “peak-eligible” value while legacy stations bleed negative eligibility and push the bill back onto beneficiaries
8The structural tension: the region’s incentive pool is being distorted by persistent off-peak negatives (seen repeatedly in totals and beneficiary rows), so the grid is implicitly rewarding a narrow slice of operational behaviour while penalising broad, recurring scheduling patterns

5) Recertified Eastern region data: APNRL’s DC story flips from “data correction risk” in Dec to “higher declaration, higher surrender” in Jan-buyers aren’t absorbing what’s being certified
8Net-net, this pack reads less like a generator performance note and more like a demand discipline and data-governance stress test-first through revision, then through under-absorption.
Click on Details for more
Details

Company updates

Feb 06: 8Tax refund: Siemens pays under protest even as it is now faces another threat Leasehold property at the root of it all but the company is cagey. That means the market gets speed without substance, and the case remains a black box beyond the headline number. Click on Details for more.

8Bajel Projects: Cannot fully explain why there is a yawning gap between PBT and PAT. Profitability optics are being built on execution and mix claims while volume is contracting. Click on Details for more.

8Isolation Energy: Importing heavy-duty experience. Find out how the company is importing regulatory and power-sector governance experience onto the board. Click on Details for more.

8Websol’s Q3 profit surge: Ingenious answer. The margin level is so high it becomes the first point that demands skepticism but the company has an ingenious answer. Click on Details for more.

8Indowind: Too many question marks. Low equity infusion and massive borrowing ceiling raises eyebrows and there are structural changes that can obscure accountability. Click on Details for more.

8HPL Electric & Power: Cutting corners to make money? Why is margin quality, not the topline the problem with this company? Click on Details for more.

8Kirloskar Electric: Forced to pay employee dues? The payment was compelled through enforcement rather than initiated through proactive settlement. Click on Details for more.

8Sarda Energy & Minerals Ltd: Find out how the company went from expansion to retreat. Find out what really happened. Click on Details for more.

8Hitachi Energy India Limited’s profit surge: But hides a skeleton in its cupboard. Find out what it is, how it can change the narrative entirely. Click on Details for more.

8Solarium Green Energy: ESOP shares at par. Find more more on thisclick on Details for more.

8Market coupling uncertainty hangs over IEX, with management admitting a regulatory process still unfinished. Regulatory overhang not settled yet even as diversification plans have been put off. Click on Details for more.

8SJVN’s 70 MW Dhubri project is now operational. The company disclosed a project cost of Rs. 367.44 crores and said the plant sits on 330 acres of lease-based land in Dhubri, Assam. Click on Details for more.

8NAVA Limited’s 83% profit jump is driven by other income, not operating expansion. This means sustainability of this quarter’s profitability narrative weakens even as subsidiaries, not the core standalone engine, are carrying the quarter’s reported resilience. Click on Details for more.

8Credit impaired assets look contained but impairment coverage signals a sharply uneven risk distribution. That means the company is heavily provisioning against already-stressed assets while maintaining minimal buffers on the broader performing book. Click on Details for more.

8Suzlon Energy Limited’s profit story flips: Rs.445 crore PAT masks a 65% sequential collapse.The earnings narrative is being carried by the tax line rather than by incremental operating strength. Click on Details for more.

8Torrent: A 75:25 debt-heavy capex plan raises the real question AA+ does not answer. That means leverage comfort today is being tested against a pipeline that is explicitly debt-funded by design. Click on Details for more.

8Voltamp Transformers’s 31% revenue jump is paired with only a 26% profit rise. It also means cost intensity or mix effects are absorbing part of the growth benefit, weakening the “pure efficiency” narrative. Click on Details for more. Details

Miscellaneous Update: Part I

Feb 06: 1) POWERGRID collapses 17 transmission SPVs into two entities under MCA-approved merger
8Operationally, it signals a shift from fragmented SPV structures toward tighter portfolio aggregation. Regulators and lenders will now evaluate these assets under fewer but larger corporate shells.

2) Northern states gain central power share as India’s allocation pool expands modestly in January
8The pattern signals seasonal and regulatory rebalancing of central resources toward northern demand centres.

3) India’s winter peak climbs past 245 GW as northern demand drives seasonal system stress
8The combined data signals a grid entering a high-demand quarter with tightening regional balances but no nationwide deficit.

4) APGENCO extends key APPC engineering deputation to maintain procurement continuity
8It has formally extended the deputation of a mechanical engineering officer at the state power procurement wing, preventing a staffing gap at a sensitive operational node.

5) Temporary promotions at APGENCO tied to court outcomes and strict joining rules
8It has issued temporary promotion orders elevating four Deputy Executive Engineers to Executive Engineer rank while simultaneously shifting one senior officer through a transfer.

6) Maharashtra transmission utility moves to embed policy and planning expertise
8It has initiated the hiring of two high-level consultants to strengthen its internal analytical and planning capacity.

7) Rajasthan Roundup: Chhabra thermal plant reports broad EC compliance but flags partial safeguards
8AVVNL eases bond exit rule for staff joining government services

8) Delhi gas plant seeks tariff relief after PLF collapse despite high availability
8Fuel cost pressures and take-or-pay gas commitments have amplified the financial strain. Additional O&M burdens from emission-control burners and sewage treatment operations are also being claimed.
Click on Details for more
Details

Miscellaneous Update: Part II

Feb 06: Waaree Renewable Technologies’ rating upgrade leans on revenue surge, not proof of through-cycle margins. Click on Details for more.

Triveni Turbine’s revenue grows 24%, while aftermarket drops 22% and drags the margin story.
8Growth is being carried by product sales while the higher-margin aftermarket/refurbishment stream is the one slipping. Click on Details for more.

Tata Power: Standalone collapse highlights group dependence, with standalone PAT turning negative in Q3".
8Treat the consolidated narrative as a portfolio story rather than evidence that the core parent operations are strengthening. Click on Details for more.

Genus Marudhara Smart Metering’s AA- rating is assigned with 84% of installations still pending.
8Sponsor strength supports the rating, yet governance control sits with the financial sponsor, not the operating sponsor. Click on Details for more.

ALMM List-II adds new cell capacity
8Entries show wide ranges, such as Websol Energy System Limited with average efficiency 23.16% and a stated range of 19.00% to 23.60% in one revision section, which is a spread large enough to change procurement economics. Click on Details for more. Details

Regulatory Updates: Part I

Feb 06: 1) Karnataka regulator opens scrutiny window on utility performance costs
8Karnataka’s power regulator has triggered a statewide review cycle that could reshape how utility cost overruns translate into consumer tariffs.

2) Rising procurement costs and loss spike squeeze MPSEZ’s distribution margins in Q3
8The most striking shift is the T&D loss increase from 2.54% to 4.05%, signalling a sudden deterioration in network efficiency, and there are other striking issues as well.

3) TNERC orders high interest payout, clears short-term power buys
8Tamil Nadu’s power regulator has enforced financial discipline on delayed generator payments while simultaneously securing near-term power supply for the state grid.

4) Tamil Nadu regulator clears 1,500 MW medium-term power hedge
8Tamil Nadu’s power regulator has approved a significant expansion of medium-term power procurement, allowing the state utility to secure 1,500 MW of round-the-clock supply under competitive bidding. The decision adds 700 MW to an earlier 800 MW approval, consolidating both into a single five-year tender.

5) CERC trims Fatehabad asset base while locking in new five-year transmission tariffs
8A modest but notable capital adjustment was imposed through disallowance of excess initial spares, slightly reducing the regulatory asset value.

6) CERC moves to license major NR–WR grid strengthening corridor
8The project centers on a new 765 kV Prayagraj substation and multiple line integrations that reshape existing power flows across Uttar Pradesh and adjoining regions.
Click on Details for more
Details

Daily forward looking import matrices

Feb 06: 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

Click on Reports for more. Details

Download tenders and newclips

Feb 06:  For reference purposes the website carries here the following tenders:
 
8Tender for empanelment of agencies for restoration of distribution infrastructure during Details
 
8Tender for renovation of 33/11 kV S/Stn Details
 
8Tender for renovation of 33/11 kV substation Details
 
8Tender for supply of 36 kV current transformers Details
 
8Tender for replacement of suspected CLR insulators Details
 
8Tender for procurement of insulation mat for LT electrical panels Details
 
8Tender for supply of stringing tools for line maintenance of 400 kV transmission lines Details
 
8Tender for rate contract for cable laying and cable jointing/ termination work Details
 
8Tender for work contract for arresting of oil leakage Details
 
8Tender for work contract for repairing of damaged traction motor of 700 HP locomotive Details
 
8Tender for development of 1000 kW grid connected roof top solar power project Details
 
8Tender for R&M of silo Details
 
8Tender for repair and maintenance of civil works Details
 
8Tender for supply, inst, commiss. and AMC of integrated solar street lights Details
 
8Tender for biennial miscellaneous civil maintenance works of ash dyke Details
 
8Tender for providing and fixing of acoustic wall panelling Details
 
8Design, supply and installation of fireproof cable Details
 
8Tender for SITC of network switches Details
 
8Tender for electrical work Details
 
8Tender for procurement of L3 switch and network devices Details
 
8Tender for work of replacement, shifting and overhauling of H.T motors of coal handling plant Details
  
8Tender for supply of various size of butterfly, gate, ball, globe and needle valves Details
  
8Tender for work of maintenance of lighting high mast towers Details
  
8Tender for supply of lighting materials Details
  
8Tender for supply of 11 kV polymer composite pin insulator Details
  
8Tender for work contract for supply, laying, jointing ,terminating, testing and commissioning of 33kV 1x630 sqmm Details
  
8Tender for supply laying jointing teriminating testing and commissioning of 33 kV 1X630 sqmm aluminium XLPE cable Details
  
8Tender for supply laying jointing teriminating testing and commissioning of 33 kV 1X630 sqmm aluminium XLPE making for LILO in existing Details
  
8Tender for strengthening and providing protective coating in the RCC/ PSC structures Details
  
8Tender for repair and maintenance works to the indoor switchyard Details
  
8Tender for supply, erection & commissioning of 5 Nos RTU in33/11kV indoor S/S Details
  
8Tender for works contract for provision of 1 no 33 kV source link line Details
  
8Tender for work contract for supply, laying, jointing ,terminating, testing and commissioning of 11kV, 3x300 sqmm Details
  
8Tender for work contract for supply, laying, jointing, terminating, testing and commissioning of 33kV 1x630 sqmm aluminium XLPE cable from 230kV SS Details
  
8Tender for work contract for supply, laying, jointing, terminating, testing and commissioning of 33kV 1x630 sqmm aluminium XLPE cable Details
  
8Tender for routine maintenance of power supply arrangements Details
  
8Tender for supply of 1800 mtr M.S.ERW 350 NB pipes Details
  
8Tender for procurement of stay set complete Details
  
8Tender for insertion of 1 no tower Details
  
8Tender for attending leaks in steam pipe lines feed water Details
  
8Tender for supply and erection of 2 No’s of 2000NB flanged type butterfly valves with ebonite lining along Details
  
8Tender for strengthening of eastern side bund of secondary pond at ash dyke Details
  
8Tender for procurement of alloy steel pipe for hot reheat to IP turbine line Details
  
8Tender for providing protection arrangement to prevent earthslip Details
  
8Tender for up keeping and routine maintenance of air pre heater Details
  
8Tender for re-conditioning of the retrieved worn out impeller of vertical type cooling water pumps. Details
  
8Tender for running works contract for the erection works of LT overhead feeder, HT overhead feeder Details
  
8Tender for supply of various type of thermocouples and RTDs Details
 
8Tender for assistance in operation of equipment of boiler and turbine associated auxiliaries Details
  
8Tender for work contract for round the clock operation and maintenance mechanical, electrical, PLC of mill reject handling system Details
  
8Tender for supply of 60 Kg and 52 Kg rail gule joints Details
  
8Tender for procurement of complete assembly of oil vapour exhauster fan alongwith motor Details
  
8Tender for augmentation of 66kV substation Details
  
8Tender for supply of VFD and VFD panel Details
  
8Tender for augmentation of 66 kV substation Details
  
8Tender for construction of sump pit cum pump chamber and other allied works at 132 kV S/Stn Details
  
8Tender for supply of flap gate actuator Details
  
8Tender for proposal for procurement of 420kV and 05 Nos. 245kV capacitive voltage transformer Details
  
8Tender for procurement of steel item (plates and ISMC and ISMB) for various Details
  
8Design and engineering, procurement, supply, installation, construction, testing and commissioning including warrantee obligation, operation and maintenance for twelve 12 years of a 100 MW AC solar PV power plant and 25 MW / 100 MWh battery energy
  Details
  
8Tender for work of 11 kV line shifting Details
  
8Tender for supply, erection, testing & commissioning of 220 kV 1Cx1200 sq. mm (2(6+0)) twin cable Details
  
8Tender for round the clock monitoring, operation and maintenance of hydraulic structures of Kundala dam Details
  
8Tender for round the clock monitoring, operation and maintenance of hydraulic structures of Maduppetty dam Details
  
8Tender for round the clock monitoring, operation and maintenance of hydraulic structures of Anayirankal dam Details
  
8Tender for round the clock monitoring, operation and maintenance of hydraulic structures of Ponmudi dam Details
  
8Tender for round the clock monitoring, operation and maintenance of hydraulic structures of Sengulam dam Details
  
8Tender for round the clock monitoring, operation and maintenance of hydraulic structures of Kallarkutty dam Details
  
8Tender for round the clock monitoring, operation and maintenance of hydraulic structures Details
  
8Tender for providing second 16 MVA 110/33 kV transformer Details
  
8Tender for supply installation, system integration, operation & maintenance of smart meters Details
  
8Tender for construction of 11 kV OH line with covered conductor Details
  
8Tender for dyuthi 2.0 HT works Details
  
8Tender for providing & fixing of micro-processor based 0.2S class, 3-Ph, 4-wire digital MFM meters for various Details
  
8Tender for conversion of SSN to DSN & STN to DTN for lines crossing Details
  
8Tender for laying of 3C 33 kV 400 sq mm XLPE UG cable by micro tunneling from 132 kV GSS Details
  
8Tender for operation and maintenance of 2x2 MW turbo generator sets and their auxiliaries, hydro mechanical and electro mechanical equipment Details
  
8Tender for laying of 3C 33 kV 400 sq mm XLPE UG cable Details
  
8Tender for scheme for capacity augmentation of PTR from (3X6.3) MVA to (4X6.3) MVA with allied works Details
  
8Tender for procurement of 10 nos 33/0.415 kV 315 KVA & 15 nos 33/0.415 100 KVA station service transformers.Details
  
8Tender for procurement of roller journal bearings of mill XRP1003 Details
  
8Tender for service contract for repairing of PA ducts during Details
  
8Tender for new 66 kV SC on DC line of 0.2 sq ACSR conductor from 66 kV S/s Details
  
8Tender for procurement of non-contact high voltage and induced voltage detector for various substations Details
  
8Tender for annual maintenance contract for O and M works Details
  
8Tender for work of installation of 11/0.4 kV 990 KVA CSS Details
  
8Tender for work for increasing capacity of transformers 100 KVA to 250 KVA at various Details
  
8Tender for work for installation of LT ACB on existing 250/400 KVA DTRs Details
  
8Tender for work of installation of 11/0.4 kV 990 KVA CSS Details
  
8Tender for work for increasing capacity of transformers 100 KVA to 250 KVA at various Details
  
8Tender for work of installation of additional transformer and replacement of ACSR panther conductor Details
  
8Tender for work of installation of additional 100 KVA transformers Details
  
8Tender for increasing capacity transformer Details
  
8Tender for replacement of existing 33kV ACSR dog conductor with 33 kV AAAC-AL-59,160 Sq.mm covered conductor Details
  
8Tender for supply M.S grills assorted size Details
  
8Tender for supply of various 415V IE3 LT motors Details
  
8Tender for erection & maintenance of HT/LT/TC work Details
  
8Tender for supply, installation & commissioning of exide make 48V, 350AH capacity lead acid plante type battery set along Details
  
8Tender for erection & maintenance of HT/LT/TC work Details
  
8Tender for erection of 66kV equipment, structures, control wiring, yard Details
  
8Tender for supply, erection, testing and commissioning of 220kV feeder bays Details
  
8Tender for work of providing & fixing of insulated rubber mat high voltage insulated mat Details
  
8Tender for work of replacement of earth wire Details
  
8Tender for various civil maintenance works in control room, switchyard Details
  
8Tender for supply, installation, testing & commissioning of 132kV additional PT bay at various EHV substations Details
  
8Tender for work of renovation of 220V/300AH & 48V/300AH VRLA battery set Details
  
8Tender for work of augmentation of substation by addition of 25MVA, 132/33kV power transformer along with HV & LV bay Details
  
8Tender for augmentation of substation by providing additional 1x50MVA, 132/33kV transformer Details
  
8Tender for work of augmentation of substation by addition of 25MVA, 132/33kV power transformer along Details
  
8Tender for procurement of 11kV, 1600A CB for R&M scheme of procurement of 11kV outdoor equipment’s for various Details
 
You can also click on Tenders for more
 
For reference purposes the website carries here the following newsclips:
 
8Significant progress made in renewal energy adoption, operational safety in FY'26: NFR Details
 
8SJVN begins power supply from 70 MW Dhubri solar project in Assam Details
 
8Initial testing of Banswara atomic power project expected by FY33: Naik Details
 
8PFC buys 52.63% of govt's holding in REC, board approves in-principle merger Details
 
8Amit Rautela takes charge as CFO Patratu Vidyut Utpadan Nigam Details
 
8ACME Solar secures 301 MW renewables with 1,204 MWh storage in SECI peak power tender Details
 
8India battery demand to surge to 700 GWh by 2045 Details
 
8GREW Solar wins 550 MW repeat module order from leading IPP as India accelerates clean energy push Details
 
8Assam: AAECA demands 125 units free power, tariff cut Details
 
8Eternal, Waaree and 3 other stocks with consistent revenue growth over the past 4 qtr Details
 
8Loom Solar launches 125kW/261kWh BESS for C&I sector Details
 
8INOXAP launches PESO-approved warehouse for speciality gases Details
 
8Waaree Energies and 3 other stocks receives orders for solar modules, defence components and more Details
 
8Hitachi Energy shares rally sharply over 9% as Q3 revenue jumps 28.5% YoY to Rs 1,620 crore, net profit up 90% Details
 
8Coal India approves major investment in BCGCL Details
 
8BSPGCL secures power offtake from India’s largest 301 MW solar + 523 MWh battery storage project at Kajra Details
 
8Smart metering signals India’s power sector transformation Details
 
8Capital Inflows: Recent equity deals in the energy sector Details
 
8India’s Tata Power evaluating three sites for nuclear projects, exec says Details
 
8A new report says India is electrifying faster than China at the same level of development and with fewer fossil fuels per person Details
 
8Powering data centres: AI leadership depends on control of power supply Details
 
8Vivek Singla MD and CEO, PXIL Details
 
8Power Priorities: Regulators’ perspective on distribution challenges and solutions Details
 
8Solar-plus-storage bids gather pace; renewables draw over $2 billion in January Details
 
8Meeting Sustainability Goals: Green aluminium could be a game changer in the energy transition Details
 
8J-K has tapped less than a quarter of its hydropower potential: Economic Survey Details
 
8Building Resilient Grids: key learnings from gridOS engage Details
 
You can also click on Newsclips 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
  • Feb 09: Kerala state electricity awards Rs. 674 crore turnkey distribution package:Details
  • Feb 09: Solar locks 1200 MW of firm solar-storage capacity under ISTS-XXI:Details
  • Feb 09: Contracting news for the day: Part-2:Details
  • Feb 09: CERC vs. Powergrid-II: High stakes game:Details
  • Feb 09: Contracting news for the day: Part-1:Details
  • Feb 09: CERC vs. Powergrid-I: There are many fault lines:Details