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The Times of India - Business - News Image
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BusinessJul 11, 2025 01:18 AM

Cool showers, low power: Rain reduces Punjab's electricity demand | Chandigarh News - Times of India

Patiala: Heavy rains across Punjab brought significant relief to the state's power infrastructure, leading to a sharp decrease in electricity demand. On Thursday afternoon, the total power demand in the state decreased to approximately 11,500 MW, a reduction of nearly 4,000 MW from peak demand levels observed earlier this week.Of the total demand, around 4,000 MW to 5,000 MW was generated within the state, while the remaining 7,000 MW was supplied through the northern grid, compared to a schedul ...Read More >

The New Indian Express - Business - News Image
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26
BusinessJul 08, 2025 05:43 PM

Adani Power completes Rs. 4,000 cr acquisition of Vidarbha Industries Power

NEW DELHI: Adani Power Ltd. (APL) on Tuesday announced successfully completing the acquisition and resolution plan implementation of Vidarbha Industries Power Ltd. (VIPL) for a total consideration of ₹4,000 crore. VIPL operates a 2×300 MW domestic coal-fired power plant located in Butibori, Nagpur district, Maharashtra. VIPL was undergoing the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code (IBC). The company, in a press note said that on June 18, 2025, t ...Read More >

India Gazette - Business - News Image
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BusinessJul 08, 2025 12:49 PM

Adani Power completes acquisition of 600 MW Vidarbha Power

Ahmedabad (Gujarat) [India], July 8 (ANI): Adani Power, India's leading private thermal power producer, successfully completed the acquisition and resolution plan implementation of Vidarbha Industries Power Ltd. (VIPL) for an aggregate consideration of Rs 4,000 crore, as per the official statement by the company. The company stated on Tuesday that VIPL is a 2x300 MW domestic coal-fired power plant located in Butibori, Nagpur district, Maharashtra. VIPL was undergoing Corporate Insolvency Resolu ...Read More >

NewsDrum - Business - News Image
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BusinessJul 08, 2025 10:57 AM

Adani Power acquires 600 MW Vidarbha unit for Rs 4,000 cr

New Delhi, Jul 8 (PTI) Adani Power Ltd on Tuesday announced the completion of its acquisition of the 600 megawatt (MW) Vidarbha Industries Power Ltd through the insolvency route for an aggregate consideration of Rs 4,000 crore. On June 18, 2025, the Mumbai Bench of the National Company Law Tribunal (NCLT) approved its resolution plan for Vidarbha Industries Power Ltd (VIPL), Adani Power Ltd (APL) said in a statement. Subsequently, the plan was successfully implemented on July 7, 2025, taking A ...Read More >

LatestLY - Business - News Image
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BusinessJul 08, 2025 09:59 AM

Business News | Adani Power Completes Acquisition of 600 MW Vidarbha Power | LatestLY

Ahmedabad (Gujarat) [India], July 8 (ANI): Adani Power, India's leading private thermal power producer, successfully completed the acquisition and resolution plan implementation of Vidarbha Industries Power Ltd. (VIPL) for an aggregate consideration of Rs 4,000 crore, as per the official statement by the company. The company stated on Tuesday that VIPL is a 2x300 MW domestic coal-fired power plant located in Butibori, Nagpur district, Maharashtra. VIPL was undergoing Corporate Insolvency Resolu ...Read More >

Jammu Kashmir Latest News | Tourism | Breaking News J&K - Politics Business Health - News Image
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PoliticsBusinessHealthJul 08, 2025 06:28 AM

Adani submits unconditional bid for Jaiprakash Associates

Mumbai: The Adani Group has emerged as the only bidder without conditions in the race to acquire Jaiprakash Associates, submitting a ₹12,600 crore offer under the ongoing insolvency process. The other bidders - Dalmia Bharat, Vedanta, Jindal Power and PNC Infratech-have tied their bids to the resolution of a critical land dispute involving the Gautam Buddh Nagar Sports City project, currently pending before the Supreme Court. Jaiprakash Associates has attracted five bids, with Dalmia Bharat lea ...Read More >

The Times of India - Business - News Image
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BusinessJul 08, 2025 05:59 AM

Punjab power demand nearly doubles in a decade and reaches record level | Chandigarh News - Times of...

Patiala: Punjab faces unprecedented pressure on its power grid, with electricity demand almost doubling over the past 12 years -- drawing parallels with a developing nation's industrial boom and raising fears of future grid stress. On July 5, the demand was highest ever, with peak load surging to 17,233 MW, almost double the 9,074 MW recorded in the year 2012-13. Officials associate this sharp rise with the state's intensifying domestic, industrial, and agricultural power usage -- during the sum ...Read More >

ETV Bharat News - Business - News Image
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BusinessJul 07, 2025 11:43 PM

India's Coal Output Crosses 1,000 MT Mark, Targets 1.15 Billion Tonnes In FY26

New Delhi: India's coal production crossed the 1,000 million tonnes (MT) mark in March 2025, a significant milestone backed by sustained policy reforms and rising power demand. According to a recent report by CareEdge, the share of domestic coal in total consumption rose from 77.7 per cent to 82.5 per cent, supported by the allocation of 184 coal mines till January 2025. Improved supply conditions and policy support have also led to a steady decline in coal prices, a trend expected to continue ...Read More >

The Times of India - Business - News Image
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BusinessJul 06, 2025 05:30 PM

Punjab sees record power demand due to hot, humid weather and paddy cultivation | Chandigarh News - ...

Patiala: Punjab's electricity demand soared to an all-time high on Saturday, crossing 17,233 MW for the first time, as the state battled sweltering temperatures and a surge in agricultural load from paddy transplantation.The Punjab State Power Corporation Limited (PSPCL) said the spike, driven by extreme heat and humidity, marked the highest ever recorded load in the state's history -- surpassing the previous day's record of 16,983 MW and the earlier peak of 16,800 MW logged in June. To meet the ...Read More >

The Times of India - Politics - News Image
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PoliticsJul 06, 2025 04:19 AM

CAQM reviews air pollution mitigation actions and strategies with haryana and punjab governments | D...

New Delhi: The Commission for Air Quality Management is yet to comment on Delhi govt's communication asking for the drive against end-of-life vehicles (ELVs) to be put on hold. However, CAQM did say on Saturday that it had a review meeting with Haryana govt on Thursday about multi-sectoral air pollution mitigation measures and strategies, including progress made towards the liquidation of ELVs.Sources in CAQM said the panel is likely to comment on ELVs next week. CAQM had earlier directed that E ...Read More >

India Gazette - Business - News Image
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BusinessJul 06, 2025 12:49 AM

CAQM holds meeting with Haryana, Punjab on air pollution mitigation actions and strategies

New Delhi [India], July 5 (ANI): In a concerted effort to accelerate coordinated action towards abatement of air pollution in the region, the Commission for Air Quality Management in NCR and Adjoining Areas (CAQM) under the Chairmanship of Rajesh Verma, held two significant high-level review meetings on July 3. The senior officials of the Commission, along with the Chief Secretaries and senior officers of the two State Governments, Haryana and Punjab, were present at the meeting. According to ...Read More >

mint - Business - News Image
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BusinessJul 01, 2025 05:31 AM

India may repurpose retired coal plants to generate nuclear power

New Delhi: The Centre is exploring the option of converting retired coal-based power plants to nuclear plants, said two people in the know of the developments. The need for conversion arises due to the requirement of large land parcels for nuclear plants even as the government aims to install over 22 GW of nuclear capacity by 2032 and 100 GW by 2047 from the current 8.7 GW. The government has already asked states to come up with plans to set up at least one nuclear plant each. "The possibilit ...Read More >

Free Press Journal - Business - News Image
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BusinessJun 28, 2025 08:08 AM

BIG Infra Push In Bihar: Adani, JSW Among 4 Private Power Companies Shown Interest In Setting Up 240...

Patna: Four private power companies that included Adani Power, JSW Energy, Torrent Power and Bajaj Energy's Lalitpur Power have shown interest in setting up a 3x800 MW thermal power plant at Pirpainti, Bhagalpur in Bihar. It will be the largest private sector investment in power sector in Bihar with a whopping investment of approx. Rs 28,000 crore rupees for the project. Under the project, three plants- one each of 800 MW capacity totalling 2400 MW- will be set up at Pirpainti as part of the T ...Read More >

The Times of India - Business - News Image
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BusinessJun 27, 2025 08:31 PM

Four private power companies show interest in setting up 2,400MW plant at Pirpainti | Patna News - T...

Patna: Four private power companies -- Adani Power, JSW Energy, Torrent Power and Bajaj Group's Lalitpur Power -- have shown interest in setting up a 2,400-MW thermal power plant at Pirpainti in Bihar's Bhagalpur district, an energy department official said here on Friday. It will be first private sector investment -- a whopping Rs 21,400 crore -- in power sector in Bihar. Under the project, three plants -- each of 800-MW capacity -- will be set up at Pirpainti as part of Tariff-based Competitiv ...Read More >

The Times of India - Other - News Image
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OtherJun 06, 2025 01:11 AM

Is the power behind green mobility truly green? | Nagpur News - Times of India

Nagpur: As the city embraces electric mobility, public infrastructure agencies like MahaMetro and the Nagpur Municipal Corporation (NMC) are taking steps to support a cleaner, greener future. However, environmental experts urge that the focus should not only be on electric vehicles (EVs) but also on the source of the electricity used to charge them.Even though the authorities boast that EVs will be more eco-friendly, there are concerns among experts that it alone is not sufficient, as the chargi ...Read More >

ThePrint - Other Environment Entertainment Health Business Politics - News Image
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India would not have conducted strikes without convincing evidence, Shashi Tharoor replies to questi...

Washington, Jun 5 (PTI) Congress MP Shashi Tharoor, leading a multi-party delegation to the US, was Thursday asked a question by his journalist son whether government interlocutors sought evidence of Pakistan's culpability in the Pahalgam attack to which he replied India would not have conducted Operation Sindoor without convincing evidence. "That shouldn't be allowed. This is my son," Tharoor said laughing, during an interaction at the Council on Foreign Relations when his son Ishaan Tharoor, ...Read More >

therahnuma.com - Business - News Image
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BusinessFeb 10, 2025 11:59 PM

Adani Group commits Rs 60,000 crore investment plan to enhance Chhattisgarh's power generation - The...

New Delhi, Jan 12 (IANS) The Adani Group has announced a planned investment of Rs 60,000 crore to expand the group's power plants in Raipur, Korba, and Raigarh in Chhattisgarh. The Chief Minister's Office on Sunday posted on X the details of the meeting and the planned investment. The CMO also posted pictures of the meeting. "In a meeting with the Honourable Chief Minister of Chhattisgarh, Shri Vishnu Deo Sai, Gautam Adani, Chairman of the Adani Group, announced a planned investment of ₹60,000 ...Read More >

The Munsif Daily | Latest News India | World News | National and International Headlines - Business - News Image
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BusinessFeb 07, 2025 02:52 PM

Crisil Upgrades Adani Power's Bank Loan Facilities to AA/Stable, Strengthening Credit Profile

New Delhi: In a major boost to Adani Power Ltd (APL), Crisil Ratings has upgraded its rating on the long-term bank facilities of the company from 'Crisil AA-/Positive' to 'Crisil AA/Stable'. Additionally, the global credit rating agency has assigned its 'Crisil AA/Stable' rating to Adani Power's proposed Rs 11,000 crore non-convertible debentures (NCDs). The upgrade reflects Crisil's assessment of Adani Power's improving credit risk profile, citing key business growth parameters such as an inc ...Read More >

punjabnewsexpress.com - Business - News Image
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BusinessFeb 07, 2025 02:16 PM

Crisil upgrades Adani Power's bank loan facilities to AA/Stable

NEW DELHI: Crisil Ratings has upgraded its rating on the long-term bank facilities of Adani Power Ltd (APL) to 'Crisil AA/Stable' from 'Crisil AA-/Positive'. The global credit rating agency has also assigned its 'Crisil AA/Stable' rating to Rs 11, 000 crore proposed non-convertible debentures (NCDs) of Adani Power. The upgrade in rating reflects "Crisil Ratings' expectation of strengthening in APL's overall credit risk profile with strong improvement in the business parameters on account of in ...Read More >

http://www.uniindia.com/fadnavis-orders-probe-into-mumbai-pub-fire/states/news/1090400.html - Other - News Image
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OtherNov 27, 2024 12:25 PM

168 KW rooftop solar photovoltaic power plant set up at Tollygunge station

Kolkata, Nov 27 (UNI) In a bid to achieve zero emission and energy efficiency, Metro Railway has set up a 168 KWp grid connected rooftop solar photovoltaic power plant at Tollygunge in south Kolkata. This new power plant is spread over the roofs of 14 buildings of A & C blocks of Metro staff quarters. " This is the first such endeavour in the residential quarters area, " . according to chief public relations officer Kausik Mitra. The solar power that will be generated here will be used to s ...Read More >

Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.