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Power prices on exchanges rise as soaring temperatures lift demand

As India approaches peak summer demand, heatwaves have caused a spike in prices of electricity

power sector: Don't foresee absolute power supply constraint current year: CARE Ratings

Sabyasachi Majumdar of CARE Ratings anticipates that there will be ample electricity available from various sources. The distribution companies cooperation is crucial. Despite high costs, gas-based generation remains open for the peak season. Short-term tariffs are expected to stay elevated for now, driven by the robust PLFs and an election-year dynamics.

Adani Power revives old ambitions as power demand surges in India

Adani Power, part of the Adani group, plans to add close to 6 gigawatts (Gw) of new power assets in the next five years, according to an investor presentation by the company. That is clearly meant to ride on India s burgeoning power demand. But there is another side to it: All of this new capacity is expected to be thermal power, or power produced from coal.

Smart meter installations to cover only half of targeted 25 crore units by 2025

Pumped storage more cost effective compared to BESS: CareEdge