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The Rs 6,282 crore "Ghost Debt": State-led liquidity cannibalism.  BHEL opens technical bids for DVC Koderma phase-II ash EPC.  NTPC lot-2 Bess tender draws 31 bidders in corporate-scale price war.   Thermal, hydro, pumped storage, solar, wind, BESS and T&D contract related activities of the day.  IREDA hard-codes QCBS 80:20 to block low-cost consulting.  The "coal premium" scandal: 40% markups masking mine failures.  The "GCV slippage" heist: Paying for coal, receiving dust.  The "paper license" purge: CERC’s war on speculative trading.  The banking trap: CSERC’s "scarcity tax" on solar prosumers.  The "nomination strike": Sabotaging consumer protection.  The "legal heir" hydropower trap: 15-Year inheritance disputes.  Contracting news for the day: Part-1.  Contracting news for the day: Part-2.  Power Committee Updates.  Regulatory Upadate: Part II.  Miscellaneous Update: Part I.  Market Round-up.  Daily forward looking import matrices.  Download tenders and newclips.  GUVNL locks in 500–1000 MW RTC and 800 MW peak with loss loading and diversion penalties tightening grid discipline.  IREDA’s legal SME award throws up a 10x–12x bid spread that could destabilise future panel pricing.  Rs. 192 crore rail–sea–rail coal transport award locks KPCL deeper into multimodal fuel security.  Contracting news for the day: Part-1.  Contracting news for the day: Part-2.  .  Miscellaneous Update: Part II.  Company Updates.   Thermal, hydro, pumped storage, solar, wind, BESS and T&D contract related activities of the day.  Download tenders and newclips.  Rs.95 crore captive dispute returns after APTEL reset.  Recruitment window widened at central power regulator.  Coal block loss reshapes fuel cost recovery for merchant thermal generator.  Rs 1,900+ crore claim ignites tariff shock debate.  CEA redraws consortium qualification line for thermal EPC bids.  Market Round-up.  Miscellaneous Update: Part I.  Regulatory Updates: Part I.  Regulatory Upadate: Part II.  Power Committee Updates.  Daily forward looking import matrices.  India's largest coal gasification project: Financial closure done .  PGCIL awards 400 kV package to CG Power for Rs 280 crore.  SECI clears FDRE-VII 1200 MW at Rs 6.27–6.28/kWh, with ACME and Serentica taking 901 MW.  Power Grid secures Rs. 311 crore annual tariff win in SR–ER inter-regional strengthening project.  Annual tariff for Morena SEZ 2500 MW transmission: Award.   Thermal, hydro, pumped storage, solar, wind, BESS and T&D contract related activities of the day.  India’s grid operator names first woman market operations director.  India’s carbon market prepares to pull heavy freight into the climate net.  Power Committee Updates.  .  Company updates.  Regulatory Updates: Part I.  Contracting news for the day: Part-1.  Contracting news for the day: Part-2.  Miscellaneous Update: Part I.  Miscellaneous Update: Part II.  Market Round-up.  Daily forward looking import matrices.  Download tenders and newclips.  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.  

The Rs 6,282 crore "Ghost Debt": State-led liquidity cannibalism

Feb 13: 8The state utility’s refusal to pay fuel adjustments has effectively turned this power producer into an unsecured, interest-free lender to a bankrupt government.
Click on Details for more Details

BHEL opens technical bids for DVC Koderma phase-II ash EPC

Feb 13: 8The package, which involves a massive 1200-day execution window and a Rs 3 Crore EMD, attracted a focused field of six contenders. Details

NTPC lot-2 Bess tender draws 31 bidders in corporate-scale price war

Feb 13: 8The high bidder count increases the risk of fragmented accountability as non-specialist EPCs attempt to manage complex battery-thermal interfaces. Details

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

Feb 13: 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

IREDA hard-codes QCBS 80:20 to block low-cost consulting

Feb 13: 8IREDA’s evaluation structure is not price-driven.
8The 70/100 technical cutoff ensures financial bids are seen only after capability filtering. Details

The "coal premium" scandal: 40% markups masking mine failures

Feb 13: 8Project delays in state-owned captive mines forced a desperate, high-priced pivot to external markets.
Click on Details for more Details

The "GCV slippage" heist: Paying for coal, receiving dust

Feb 13: 8Forensic coal sampling reports show a persistent discrepancy between "Paid Grade" and "Received Grade."
Click on Details for more Details

The "paper license" purge: CERC’s war on speculative trading

Feb 13: 8The regulator has begun a quiet "culling" of state-backed entities that hold trading licenses but never actually trade.
Click on Details for more Details

The banking trap: CSERC’s "scarcity tax" on solar prosumers

Feb 13: 8Regulators have decoupled tariff relief from grid physics, ensuring solar users pay 30% penalties during peak hours.
Click on Details for more Details

The "nomination strike": Sabotaging consumer protection

Feb 13: 8State utilities are found to be intentionally under-staffing forums that can rule against them.
Click on Details for more Details

The "legal heir" hydropower trap: 15-Year inheritance disputes

Feb 13: 8Project closure for hydro-dams is being held hostage by the grandchildren of original landowners.
Click on Details for more Details

Contracting news for the day: Part-1

Feb 13: The high cost of pumped storage entry: An EMD of Rs 100 crore
8This is a deliberate bidder-pool weapon to ensure only top-tier global hydro OEMs.

NTPC’s 200 MW generator COH tender stretches into a six-extension cycle
8NTPC has kept the Ramagundam 200 MW generator COH tender alive through a rapid sequence of extensions, without touching the scope or commercial structure.

SJVN 600 MW wind bid enters eighth extension cycle amid turbine supply bottlenecks
8The absence of any structural relaxation in eligibility norms suggests that the friction is purely temporal—developers are unwilling to lock in 25-year tariffs without firm visibility on equipment delivery windows and grid evacuation slots.

 NTPC’s procurement review tender looks like a template
8The extracts show detailed deliverables but no measurable acceptance framework.
8That can create disputes during submission and closure.

DVC protection audit tender remains frozen in four-stage extension cycle
8Rigid qualification gates block market entry as grid compliance stakes rise.

SJVN stretches 2000 MW pumped storage bid to late February
8The tender, valued at approximately Rs 50,00 Crore, requires developers to supply 8 hours of discharge capacity under a Build-Own-Operate (BOO) model Details

Contracting news for the day: Part-2

Feb 13: NTPCREL bets on vanadium as lithium supply chain risks mount
8High-density long-duration storage assets shift vendor dependency from cell supply chains to electrolyte sourcing and stack OEM maturity.

HPPCL banks on consultant to resets revenue architecture with 5th control period strategy
8This engagement sits at the core of HPPCL’s revenue realization,as the consultant’s ability to defend capital cost approval, true-up petitions,and depreciation mapping will define the utility’s cashflow predictability.

Outage squeeze: Bhel compresses technical opening for vindhyachal 500 MW overhaul
8Compressed procurement cycles for baseload thermal overhauls favor incumbents but raise the risk of unpriced technical defects.

KSEBL Idukki distribution package collapses on single-bid bottleneck
8Turnkey infrastructure failure exposes shallow bidder pool for complex terrain

NVVN’s rooftop solar procurement is quietly standardising a tougher template
8This tender reflects a trend where small rooftop packages adopt utility-style procurement discipline and the template is designed to reduce NVVN’s downstream dispute exposure.

BHEL floats EPC balance of plants package for 660 MW Satpura
8A 660 MW balance of plants package has quietly entered the market under BHEL’s banner.
8The three-week bid window sharpens the competitive edge for prepared EPC majors.  Details

Power Committee Updates

Feb 13: 1) East’s DSM story flips into a corridor-led market: East–North becomes the ATM, East–south becomes the sink-and the pool balance turns negative
8The commercial lever for utilities this week is blunt: DSM is not just a discipline meter-it’s an inter-regional exposure product, and corridor positioning is effectively deciding who gets paid even before you get to local scheduling quality.

2) From payment security faultlines to regulatory overreach: Southern region’s commercial framework enters a phase of structural stress
8The core story is unmistakable: regulatory design is racing ahead of financial alignment - and Southern Region’s commercial equilibrium is beginning to crack.

3) DSM legacy dues: When high courts become the new grid governors
8Southern Region’s largest beneficiaries continue to withhold DSM legacy payments under interim High Court stays.

4) Northern grid under stress: Regulatory heat, renewable instability, and transmission bottlenecks converge ahead of summer 2026
8Northern Grid is preparing for Summer 2026 - but on a foundation that is operationally stretched and regulatorily exposed.

5) Rajasthan’s grid hunting exposes renewable-stability fault lines
8Multiple generating stations in Rajasthan reported severe oscillations - voltage swings of 12 kV and load hunting exceeding 100 MW within minutes.
Click on Details for more Details

Regulatory Upadate: Part II

Feb 13: 1) NHPC’s profit paradox: Cost-loaded balance sheets meet 80% revenue caps
8Regulator-induced timing gaps suppress near-term profitability
2) Subansiri Lower’s tariff tension: The Rs. 28,000 crore gamble on CERC leniency
8Capital cost overruns threaten offtake economics and PPA stability
3) Electricity as a property weapon: Ombudsman blocks connection to freeze possession claims
8Regulatory refusal to energize disputed premises prevents "backdoor" legalization
4) Uttarakhand Ombudsman remands power dispute, orders Forum to rehear with petitioner included
Click on Details for more
5) Delhi power cost and procurement disputes stack up for 13 February hybrid hearings.
Click on Details for more
6) DERC clears BRPL summer power buys, but pins surplus risk back on the utility.
 Click on Details for more
7) UPERC puts UPPCL’s 40 MW bagasse PPA extension on an April hearing track.
Click on Details for more
8) UPERC lists UPPCL’s 375 MW/1500 MWh VGF-backed BESS procurement for April hearing.
Click on Details for more
9) WBERC adopts Rs. 5.81/kWh tariff for 1508 MW second greenfield thermal procurement.
 Click on Details for more Details

Miscellaneous Update: Part I

Feb 13: 1) The "Banker’s premium": Interest on under-recoveries surges 260%
8Because the state won't pay for fuel, the generator is paying hundreds of crores in interest to banks-a cost eventually billed to the public.

2) The Rs 250-crore overdraft: Pledging thermal assets for cash
8Critical power infrastructure is being used as collateral for short-term lifelines as cash flows dry up.

3) The "Ghost" grid: Transmission failures trapping record output
8Generation units report 90% availability, but local grid failures are trapping power at the source.

4) The Sagardighi efficiency paradox
8Unit 5 is hitting 95% availability, yet remains a financial liability.

5) The "Ageing Plant" burden: Bandel’s drag on the fleet
8Legacy plants are becoming "stranded infrastructure" within regulated portfolios.

6) Solar surge vs. wind Retreat: The winter imbalance
8India’s renewable fleet is becoming "Solar-Heavy," increasing the risk of night-time supply gaps.
Click on Details for more Details

Market Round-up

Feb 13: 1) Day-ahead hits the Rs 10.00/kWh cap, real-time prints Rs 4.30/kWh within 15 minutes
8On 2026-02-12 (T33, 08:00–08:15), IEX DAM MCP fixed at Rs 10.00/kWh while IEX RTM MCP was Rs 4.30/kWh.
Inference: the scarcity signal that priced DAM at the cap did not persist into delivery, implying a fast intraday correction via balancing actions and/or revised availability bids.
Why it matters: such cap-to-discount flips weaken DAM as a “shape risk” hedge and raise procurement error costs for discoms/CPPs relying on day-ahead certainty.

2) Real-time whipsaws into morning: Rs 9.00/kWh at 06:45, then sheds Rs 5.70/kWh by 08:00
8On 2026-02-12, IEX RTM MCP jumped to Rs 9.00/kWh at 06:45–07:00 and then dropped to Rs 4.30/kWh at 08:00–08:15.
Inference: the steep mean-reversion suggests a short-lived balancing squeeze rather than an all-morning structural shortage.
Why it matters: these fast swings punish late procurement and can distort intra-day risk premia even without visible corridor-wide violations.

3) Evening basis blows out: real-time trades Rs 2.63/kWh above day-ahead at 19:15
8On 2026-02-12 (19:15–19:30), IEX RTM MCP was Rs 9.00/kWh versus DAM MCP Rs 6.37/kWh.
Inference: the evening premium points to delivery-hour tightness (flex/ramp scarcity) rather than an all-day constraint.
Why it matters: this is the kind of “late-hour tax” that pushes discoms toward firmer flexibility contracts (or more conservative ramp planning).

4) Price discovery concentrates on one exchange as rivals show near-zero delivery activity
8On 2026-02-12, HPX RTM prints zero volumes/MCP across blocks shown, while PXIL RTM shows only a sell bid (84.48 MWh) with no cleared values populated.
Inference: thin parallel liquidity increases the risk that “the” real-time signal becomes effectively single-venue, especially during volatile hours.
Why it matters: concentrated liquidity can amplify microstructure noise—raising the cost of deviation management when the system is already jittery.

5) Inter-regional corridors show 0% ATC/(N-1) breaches, yet markets still swing hard intraday
8For 2026-02-12, inter-regional corridors (WR–NR, ER–NR, NEW–SR, etc.) show 0 blocks violated for ATC and (N-1) proxy in the national index summary.
Inference: with corridor-wide breach flags absent, the day’s DAM/RTM volatility is more consistent with supply-demand balancing and ramp/flex effects than transmission binding.
Why it matters: it shifts the mitigation playbook from “congestion cover” to “flex cover” (fast-start, reserves discipline, tighter forecasting).

6) Frequency stays near 50 Hz on average, but excursion counts remain heavy
8On 2026-02-12, average frequency was 49.995 Hz, with 108 excursions above 50.03 Hz and 172 excursions below 49.97 Hz (standard deviation 0.0723).
Inference: the system is “near-normal on average” but still working through frequent short deviations—consistent with a high-control, high-correction operating day.
Why it matters: frequent excursions increase regulation wear and can translate into higher balancing costs even when the headline average looks calm.

7) A single ER node breaks voltage “calm”: Rangpo 400 kV spends ~58 minutes outside band
8On 2026-02-11, Rangpo 400 kV shows only 95.97% time within IEGC band, with VDI 4.03% (VDI duration 00:58).
Inference: while most ER substations sit fully within band, this one-node deviation hints at localised stress pockets that broad indices can miss.
Why it matters: node-level voltage weakness can constrain real deliverability and force reactive compensation actions that don’t show up as corridor violations.

8) Southern thermal under-delivers by 187.56 MU on 2026-02-11, widening the flexibility burden
8On 2026-02-11, Southern Region thermal generation was 754.26 MU vs a program of 941.82 MU (deviation -21.24%), while hydro outperformed its program (79.32 MU vs 90.17 MU program; deviation +30.79%).
Inference: the thermal shortfall raises reliance on flexible balancing channels (hydro, imports, real-time procurement), tightening the intraday error band.
Why it matters: persistent thermal under-delivery can migrate cost from “planned energy” to “balancing energy,” usually at sharper price tails.
Click on Details for more Details

Daily forward looking import matrices

Feb 13: 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 13:  For reference purposes the website carries here the following tenders:
 8Tender for breakdown/preventive MTC. of TG equipments and overhauling of asscociated auxillaries Details
 8Tender for refurbishment reconditioning works of ID Fan impellers Details
 8Tender for supply, installation, testing and commissioning of testing equipment, measuring equipment and machinery, transformer oil storage tank etc. Details
 8Tender for empanelment of contractors to award a contract for survey installation testing and commissioning of 33 kV line Details
 8Tender for empanelment of contractors to award a contract for survey installation testing and commissioning of 11 kV line 11 04.33 kV distribution transformer Details
 8Tender for provinding and fixing of chain link mesh fencing and preparation for plantation Details
 8Tender for work of PID (puncture insulator detection) work of single/double    suspension/tension insulator strings Details
 8Tender for procurement of HVOF coated SS throat ring in eight parts along with hardwares Details
 8Tender for work proposal for widening and raising of existing partition bund Details
 8Tender for procurement of cast basalt lined MS bend for rerouting of bottom ash discharge lines Details
 8Tender for procurement of PA FAN motor Details
 8Tender for procurement of spares of analyzers Details
 8Tender for renovation of electrical Details
 8Tender for repair and maintenance of slope and flat roofs Details
 8Tender for supply of 33kV insulated conductor Details
 8Tender for repair of roof of balance C, D, E and F types Details
 8Tender for service order for fabrication of coal carrier pipe bends from straight pipe Details
 8Tender for biennial service contract for coal dust cleaning at cable tray and different electrical equipments Details
 8Tender for rate contract for overhauling rewinding balancing metalizing trueness checking from 75 KW to 160 KW motor Details
 8Tender for biennial rate contract to replace high pressure valves tubes bend and reducers Details
 8Tender for supply and delivery of heat shrink straight through jointing kit, heat shrink outdoor end termination jointing kit and heat shrink indoor jointing kit for 33kV, 3CX400 Sq.mm XLPE cable Details
 8Tender for construction of RCC cable trench Details
 8Tender for Bi annual rate of contract for restoration work of 220kV & 400kV transmission line on tower structure Details
 8Tender for balance construction activities in 33 kV transmission line Details
 8Tender for supply and installation of UPS along with battery for valve cooling system Details
 8Tender for supply and installation of 1000 kVA DG sets Details
 8Design, engineering, supply, erection, testing and commissioning for strengthening of 400kV 3Ph SC twin moose transmission line Details
 8Tender for package 2 -tower foundations of 110 kV line Details
 8Design, engineering, supply, erection and commissioning of earthing system Details
 8Tender for package-IV design, supply, erection, testing & commissioning for HTLS Re-conductoring for 200kV D/C ACSR zebra transmission line  Details
 8Tender for package-III design, supply, erection, testing & commissioning for HTLS Re-conductoring for 200kV D/C zebra conductor transmission line Details
 8Tender for package-II design, supply, erection, testing & commissioning for HTLS Re-conductoring for 200kV transmission line Details
 8Tender for package-I design, supply, erection, testing & commissioning for HTLS Re-conductoring for 220kV D/C ACSR zebra transmission line Details
 8Tender for civil works Details
 8Tender for procurement of grinding rolls and bull ring segments Details
 8Tender for part of balance works of main plant offsite civil works package Details
 8Tender for construction of civil foundation work Details
 8Tender for area development works for BESS plant Details
 8Tender for BMC for ash dyke maintenance work, seepage water pump house Details
 8Tender for restoration and refurbishment/ strengthening of existing ash slurry pipeline pedestals Details
 8Tender for works contract for erection of new 11kV UG feeder Details
 8Tender for preventive and routine maintenance works in fuel oil pump house Details
 8Tender for carrying out daily and periodical maintenance work in the cooling water pumps of 1A,1B,1C,1D and its allied travelling water screens Details
 8Tender for carrying out daily and periodical maintenance work in the cooling water pumps Details
 8Tender for supply, erection ,testing and commissioning of new 33kV source line and 11 kV link lines Details
 8Tender for supply of transformer structure materials Details
 8Tender for supply of bellow with control units for CWP discharge pipe lines Details
 8Tender for replacement of worn out discharge end and feed end spider, plate screen and allied works Details
 8Tender for daily maintenance & preventive / breakdown maintenance works in bottom ash handling system Details
 8Tender for capital works-renovation works for effective power evacuation Details
 8Tender for reinsulation, re-babbitting and machining works of the damaged upper guide bearing Details
 8Tender for supply and Re-tubing works of generator stator Details
 8Design, manufacture, testing and supply of 400kV SF6 breakers Details
 8Tender for manufacture, testing & delivery of 200 KL napthenic base transformer oil Details
 8Tender for work of replacement of 33kV CB, CT, LA and isolator Details
 8Tender for supply of power transformer component Details
 8Tender for manufacture, testing, supply and delivery of 100 KVA 11/0.433 kV oil cooled energy efficiency level Details
 8Tender for construction of cable trench Details
 8Tender for drawl of a new 11 kV feeder by laying of 3 C XPLE 300 sq mm by microtunneling work Details
 8Tender for annual operation and maintenance contract of 2 x x x200 T.G. sets, their auxiliaries Details
 8Tender for annual operation and maintenance contract of 2 x x 1200 kW T.G. Sets, their auxiliaries, electro-mechanical equipment and 3.3/11/33 kV switchyard Details
 8Tender for annual operation and maintenance contract of 2 x 1000 kW T.G. sets, their auxiliaries Details
 8Tender for annual operation and maintenance contract of 3 x 1000 kW T.G. sets, their auxiliaries Details
 8Tender for annual operation and maintenance contract of 2 x 1000 kW T.G. sets, their auxiliaries Details
 8Tender for procurement of 20kV by 900V, 4000KVA cast resin dry type excitation transformer Details
 8Tender for procurement of two nos BAT for H2SO4 tank in stage-1 CW chlorination plant. Details
 8Tender for procurement of 220 kV circuit breakers. Details
 8Tender for procurement of 400 kV current transformers. Details
 8Tender for annual maintenance work of 33/11 kV sub-station Details
 8Tender for supply and installation of HT and LT/ CT Details
 8Tender for supply and fixing of 33 kV fault inducator Details
 8Tender for replacement of 11 kV ACSR to AAAC Details
 8Tender for replacement of LT line conductor by ABC Details
 8Tender for maintenance work of associated HT/LT lines Details
 8Tender for construction of 33 kV s/s Details
 8Tender for transportation and stacking placing in safe custody of various structure material Details
 8Tender for annual contract for preventive and daily routine, breakdown and annual shutdown maintenance of 4 X 250 MW generators Details
 8Tender for work for chemical operation of PTP DM CW chemical treatment Details
 8Tender for annual contract for the work of sample collection, testing, solution preparation, transportation of various chemicals, chlorine gas tonners, assistance in operation work and other misc. work Details
 8Tender for annual work contract for operation, repair and maintenance work of 400 kV/220 kV/ 33 kV switchyard Details
 8Tender for repairing work of planetary gear box and drive pinion for wagon tippler Details
 8Tender for annual contract for the work of underwater inspection Details
 8Tender for annual contract for complete overhauling of natural draft cooling tower including Details
 8Tender for annual contract for repair/ reconditioning of BHEL and other make valves in boiler and turbine Details
 8Tender for annual contract for capital, breakdown and routine maintenance of rotary parts of boiler Details
 8Tender for annual contract for capital and routine maintenance of boiler, valves and its auxiliaries Details
 8Tender for performing residual life assessment (RLA) study for power transformers and 6.6kV HT motors Details
 8Tender for work contract for handling of store material Details
 8Tender for supply, installation, testing and commissioning (SITC) of compact substation (CSS) of 500 KVA and out door type LT panel Details
 8Tender for routine and breakdown maintenance work of 110/ 195/ 210 MW generator and its auxiliaries  Details
 8Tender for routine, breakdown and capital maintenance and rewinding and misc. repair work of LT induction motor Details
 8Tender for procurement of high energy drain valves installed Details
 8Tender for sale of dry fly ash generated Details
 8Tender for repair, maintenance, and installation of plant/ systems/equipments Details
 8Tender for bi annual up keeping & housekeeping of control room, switch yard Details
 8Tender for work of stringing of 66kV line Details
 8Tender for erection of new 66 kV S/C line Details
 8Tender for replacement of various high energy drain valves, steam/feed water lines, repairing of welding joints of steam/feed water lines etc Details
 8Tender for supply of vibrating screen assembly with motor for primary crusher for coal handling plant Details
 8Tender for supply of SMPS, temp. controller, limit switches, etc. Details
 8Design, supply, installation, retrofitting, testing and commissioning of 220kV bus bar protection scheme Details
 8Tender for providing and applying liquid rubber waterproofing Details
 8Tender for supply of fire delivery hose Details
 8Tender for painting and other miscellaneous works Details
 8Tender for supply of equipments/ material, erection, testing and commissioning for the work augmentation by providing additional 1 x 50 MVA, 132/110/33 kV T/F Details
 8Tender for supply of equipments/ material, erection, testing and commissioning for the work augmentation by providing additional 1 x 50 MVA, 132/110/33 kV T/F along Details
 8Tender for supply of equipments/ material, erection, testing and commissioning for the work augmentation by providing additional 1 x 25 MVA, 132/110/33 kV T/F along Details
 8Tender for supply of equipments/ material, erection, testing and commissioning for the work augmentation by providing additional 1 x 25 MVA, 132/110/33 kV T/F Details
 8Tender for work of supply, erection, testing and commissioning of 01 x 22kV new express feeder (AIS) bay Details
 8Tender for work of supply, erection, testing and commissioning of 01 x 22kV new express feeder (AIS) bay including civil works Details
 8Tender for work of tower stub strengthening of various 220/132/110kV line Details
 8Tender for work of supply, erection, testing and commissioning of 01 x 22kV new express feeder Details
 8Tender for second circuit stringing on 132kV line Details
 8Tender for supply, installation & commissioning of neutral grounding reactor (NGR) for power transformer Details
 8Tender for work of overhauling / servicing with providing & fixing of required spares of 245kV circuit breakers Details
 8Tender for work for providing & fixing of sheet moulding compound trench cover chequered plate Details
 8Tender for work of replacement of existing 0.4 ACSR (twin) conductor Details
 8Tender for work of augmentation by replacement of 2X (50-25) MVA 220/33kV power transformer Details
 8Tender for work of supply, erection testing and commissioning of additional 132/33 kV, 50 MVA power T/F along Details
 8Tender for supply, installation testing & commissioning of under frequency cum frequency trend relay (FTR) numerical IEC 61850 compliant relays Details
 You can also click on Tenders for more
 For reference purposes the website carries here the following newsclips:
 8India crosses 520 GW power capacity as solar reaches 140.6 GW in January 2026 Details
 8POWERGRID acquires BDPTL to enable 3 GW renewable energy evacuation in Karnataka Details
 8Renewable energy to power the next phase of growth: 5 stocks to watch Details
 8Bondada Engg commissions solar projects across Maharashtra, TN Details
 8NHPC and GRIDCO sign MoU for 1,000 MW Masinta pumped storage project to boost renewable energy in Odisha Details
 8Coal India shares slip 3% to lowest in five weeks post Q3 results Details
 8Coal India profit falls, dividend declared Details
 8Coal Minister launches 2nd tranche of exploration licence blocks Details
 8Coal India Q3 profit slips 16% amid lower offtake, subdued power demand Details
 8Stocks to watch today: Coal India, spiceJet, HUL, biocon, infosys, IRCTC Details
 8Leading the way: policy initiatives position Gujarat at the forefront of the energy transition Details
 8CESC subsidiary secures 250 MW wind project from SECI Details
 8Coal India Q3 FY26: Net profit drops 16% to Rs 7,157 crore on lower sales Details
 8SC refuses to pass any order related to Adani Group’s proposed thermal power plant in UP Details
 8Vikram Solar signs Rs 3,200 crore working capital consortium led by Indian Bank Details
 8GoodEnough energy partners with CMIL to drive green manufacturing in food sector Details
 8Safety first, production next’ formula for nuclear power: Jitendra Singh Details
 8Harbhajan singh grants Rs 13.48L from MPLADS fund for solar plant at Jalandhar badminton stadium Details
 8Lakhs of electricity employees , engineers across country including Punjab work boycott Details
 8PSEB Junior engineers strike work against proposed electricity amendment bill-2025 Details
 8NTPC to organise Indian power stations O&M conference 2026 at Raipur Details
 8PFC, REC say merger transition smooth; merged firm to have 20% exposure cap Details
 8NTPC to host IPS 2026 to drive operational excellence, reliability and innovation in India’s power generation sector Details
 8For India’s power sector, lessons for Assam Details
 8Power sector reforms central to tackling India's climate finance problem Details
 8Adani Power sets up nuclear-focussed unit after India moves to open up guarded sector  Details
 You can also click on Newsclips for more Details

GUVNL locks in 500–1000 MW RTC and 800 MW peak with loss loading and diversion penalties tightening grid discipline

Feb 12: 8GUVNL’s summer basket is less about price and more about control.
8Interstate sellers face a built-in evaluation haircut while diversion triggers double-tariff damages.
8The message to the market is unmistakable — supply certainty now outranks opportunistic arbitrage. Details

IREDA’s legal SME award throws up a 10x–12x bid spread that could destabilise future panel pricing

Feb 12: 8IREDA’s limited tender for a legal subject matter expert looks routine on paper, but the award numbers tell a very different story.
8One bidder has undercut Tier-1 peers by nearly an order of magnitude, raising questions about scope interpretation and delivery risk. Details

Rs. 192 crore rail–sea–rail coal transport award locks KPCL deeper into multimodal fuel security

Feb 12: 8KPCL has awarded a Rs, 192 crore rail–sea–rail coal transportation contract for RTPS, signalling that multimodal corridors are no longer optional. Details

Contracting news for the day: Part-1

Feb 12: Integration complexity at 220/132/33 kV makes Narendrapur a technical stress test for PGCIL
8A 100 MWh battery at a live 220 kV node is not just storage—it is a grid intervention.
8PGCIL’s VGF-backed TBCB structure tightens tariff discipline while shifting capital risk to developers.

MSETCL reopens Latur  AIS project under TBCB with split line packages after first-round stall
8MSETCL’s Latur transmission node is back on the block after a silent first-round reset.
8The split between a 220 kV line and an integrated 400 kV-plus-substation package is not cosmetic — it is strategic.
8The second call will reveal whether risk was mispriced or simply misjudged.

Rate contract transformer tender tightens fire-risk liability and warranty exposure
8RRVPN’s new 200 MVA auto transformer tender looks like a routine rate contract until you read the fire-risk bundling and guarantee language closely.
8The document quietly shifts interface and performance exposure upstream, forcing OEMs to price reliability risk.

BHEL moves early with pre-bid EPC tie-up for TGTRANSCO substation-level BESS
8BHEL is not waiting for award to secure its storage credentials in Telangana.
8The Maheswaram BESS play is being shaped at the tie-up stage, where risk, technology depth, and margin control are quietly negotiated.

The tender is “open,” but the NDA gate is the real qualification filter
8The document access process is not passive; it is an active screening mechanism.
8It gives the promoter discretion over who gets the full scope visibility.
8That shifts competition from “who can price” to “who can qualify to even see what they are pricing.

Odisha-bess-02 could become a template for multi-site storage rollout
8If execution aligns with design intent, replication is likely. Institutional frameworks tend to scale once proven.
8Early winners may dominate subsequent rounds. Details

Contracting news for the day: Part-2

Feb 12: NTPC 1000 MWh tender hardwires 15-year augmentation risk into the epc
8NTPC is not buying a battery system here — it is buying a 15-year performance guarantee disguised as an epc package.
8The quiet killer clause is the augmentation obligation, which forces bidders to price degradation economics, not just hardware.
8The bid security structure then filters the bidder pool in a way that could reshape competition before the first bid is even opened.

Standalone BESS tender quietly shifts storage risk onto BOOT developers
8UJVNL has issued a tariff-based BOOT RfP for BESS near Pathri HEP, backed by VGF through PSDF.
8On paper it looks like a routine storage procurement, but the structure signals a deeper shift in how utilities want to offload lifecycle risk.
8The real story will emerge in the RfP clauses that decide who carries degradation, availability, and payment-security exposure.

400/220/132 kV AIS Latur TBCB tie-up tender quietly signals market resistance
8Second-call tenders rarely happen without participation or pricing problems.
8In a TBCB context, it usually means the risk matrix was commercially rejected.
8The rerun suggests MSETCL is still trying to force tariff-compatible execution.

This tender reads like a template for NTPC’s wider Lot-2 BESS rollout, not a one-off purchase
8The internal PQC note explicitly references NTPC’s larger BESS tender covering 1,085 MW / 2,670 MWh across nine locations.
8Dadri and Tanda appear as the immediate target packages.
8If awarded cleanly, this structure is likely to be replicated across future sites.

Powergrid advances 765 kV GIS backbone for vizag green hydrogen cluster under pre-bid tbcb tie-up
8Powergrid is locking in its 765 kV GIS execution partner before the tariff battle even begins.
8The move shifts engineering risk upstream into the competitive tbcb arena tied to vizag’s green hydrogen ambitions.
8What looks like routine transmission planning may actually be margin compression by design. Details

Miscellaneous Update: Part II

Feb 12: HEG Limited’s profit rose 44% even as quarterly revenue fell sequentially from RS.697 crore".
8That means margin extraction and cost control are doing more work than topline growth in this quarter.Click on Details for more.

S&S Power Switchgear Limited’s revenue doubled to RS.80 crore, while orders collapsed from RS.95 crore".
8That means execution momentum is running ahead of fresh booking strength in this period.Click on Details for more.

Pace Digitek Ltd claims Rs 1775 crore win.
8This is tied to a 250 MW solar plant plus a 1,100 MWh BESS.Click on Details for more.

International Institute for Sustainable Development frames subsidies as falling, yet fossil fuels still take 90%".
8The document sells a “decline” story while its own numbers keep the fossil-fuel dominance intact.Click on Details for more.

Jeppiaar Power Corporation stays at [ICRA]D, with “issuer not cooperating” turning the rating into a warning label".
8That label means users are being told the rating may not adequately reflect the credit risk profile because adequate information is unavailable."Click on Details for more.

BSES Rajdhani Power seeks 200 MW via PXIL reverse auction for 11 days, concentrated in two daily time blocks". Details

Company Updates

Feb 12: Amara Raja Energy & Mobility Limited reports 6% revenue growth while quarterly profit drops sequentially".
8That means earnings compression in the quarter was not driven by revenue contraction but by cost structure and exceptional movements. It also means the headline year-on-year growth narrative masks a near-halving of quarterly net profit on a sequential basis. Click on Details for more.

Amara Raja: New energy business crosses RS.200 crore revenue yet remains loss-making .
8If losses widen with expansion, group profitability could face sustained drag despite strong legacy battery performance. Click on Details for more.

G R Infraprojects Limited’s Rs 1,897.51 crore rail project ‘win’.
8It discloses the company emerged as L-1 bidder in the financial bid opening dated February 11, 2026 for a West Central Railway tender. give me paywall story. Click on Details for more.

Refex Renewables & Infrastructure posts results as auditors flag going concern risk".
8The independent auditors state that the company incurred losses during the quarter and nine months ended December 31, 2025 and that its net worth has been fully eroded as of that date. Click on Details for more.

Genus Power Infrastructures Limited’s 86% revenue jump hides debt climbing toward RS.2,200 crore".
8"Genus is celebrating explosive growth, but the filing already frames the balance sheet strain as unavoidable as execution accelerates. Click on Details for more.

SJVN Limited’s profit rose to RS.251.71 crore, yet revenue fell RS.96 crore quarter-on-quarter.
8It also means the quarter-on-quarter outcome cannot be treated as a clean “trend” quarter without the missing driver explanation for the revenue decline. Click on Details for more.

Devasari project spend hit RS.251.28 crore, yet the project remains on hold pending court hearing.
8The filing says a Supreme Court-constituted committee submitted recommendations on November 8, 2024, and the matter is listed for hearing on May 20, 2026. Click on Details for more.

Tarapur Transformers: Quarterly expenses of RS.75.02 lakh exceed revenue, exposing negative operating leverage

Kirloskar Electric Company Limited’s profit jumps despite RS.809 lakh exceptional hit".
8That means underlying operating profit before exceptional items was significantly higher than reported PBT. Click on Details for more.

Schneider Electric Infrastructure Limited faces RS.17.12 crore tax demand and goes to ITAT".
8It also means the filing creates a credibility gap between the hard demand number and the company’s softer framing on impact. Click on Details for more.

Sarda Energy gets pollution-board clearance to expand Gare Palma IV/7 mine output".
8It specifies production capacity expansion from 1.68 MTPA to 1.80 MTPA. Click on Details for more.

S & S Power Switchgear Limited doubles Q3 revenue, but quarterly order book almost halves".
8That means the quarter’s execution pace may be outrunning replenishment if the quarter-end order book is the forward visibility proxy being highlighted. Click on Details for more.

Nava Limited’s 83.5% profit jump leans on foreign currency gains, not only operations".
8Does that mean a large part of the quarter’s earnings uplift is structurally non-operating and could reverse with currency movement. Click on Details for more.

NHPC Limited receives an ESG score of 65.1, but the company did not commission it".
8That means the ESG score enters the exchange record without NHPC’s involvement or control over methodology. Click on Details for more.

REC Limited loses an executive director abruptly as repatriation ends the tenure".
8REC disclosed the cessation of Shri Chandra Sekhar Sakhamuri, IAS as Executive Director on repatriation to his parent cadre in Tamil Nadu. Click on Details for more.

Ircon International Limited grows Q3 profit on a 19% revenue collapse.
8That means profitability is being protected through levers outside reported revenue scale, not through growth in the core billing line. Click on Details for more.
  Details

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

Feb 12: 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

Download tenders and newclips

Feb 12:  For reference purposes the website carries here the following tenders:
 8Design, manufacture, supply, erection, testing & commissioning including five years comprehensive operation and maintenance of total 06 meter solar street lights Details
 8Design, supply, installation, testing, commissioning of total 300 kW capacities of grid connected solar PV plant Details
 8Design, supply, installation, testing, commissioning of total 165 kW capacities of grid connected solar PV plant Details
 8Design, supply, installation, testing, commissioning of total 140 kW capacities of grid connected solar PV plant Details
 8Tender for miscellaneous civil works Details
 8Tender for construction of addl. 12.5 MVA T/F plinth alongwith allied civil works Details
 8Tender for client membership of power exchanges Details
 8Tender for erection and commissioning of electro mechanical packages for 1X250 MW steam turbine generator Details
 8Tender for providing and laying water proofing treatment 3mm APP over the roofs Details
 8Tender for maintenance of dykes and outlet channels of ash pond Details
 8Tender for annual maintenance and operation of ESP, ash handling system and dredge pump house Details
 8Tender for repair, maintenance and restoration of right bank land slide Details
 8Tender for conversion of 90KW DOL to fedders to ACB feeders Details
 8Tender for protection work of right embankment Details
 8Tender for running contract for all O&M HT & LT network work Details
 8Tender for improvement of the existing earthing at 230/110 kV ETPS switch yard Details
 8Tender for refurbishing of stator core, complete reinsulation of stator coils with class F insulation, reinsulation of defective rotor pole coils Details
 8Tender for improvement of the existing earthing at 230/110 kV ETPS switch yard Details
 8Tender for renovation rectification of damaged hydro generation Details
 8Tender for routine maintenance of 60 MT weigh bridge Details
 8Tender for supply of spares for final drive gear box of SAN locomotive Details
 8Tender for works contract for conversion of HT/LT OH line Details
 8Tender for procurement of carbon steel seamless pipes and fittings Details
 8Tender for running contract for dismantling, pulling, loading, transporting, unloading, erection, cabling, termination, earthing Details
 8Tender for supply and erection of upgraded version of rectifier unit for stream II of EC plant Details
 8Tender for works contract for conversion of HT/LT OH line into HT/LT UG cable Details
 8Tender for running contract for all O&M HT & LT network work Details
 8Tender for installation of new 33kV & 11kV combined CTPT Details
 8Tender for work of erection dismantling of 132kV/ 66kV/11kV equipment Details
 8Tender for water balance study of 2X300MW DCRTPP Details
 8Tender for construction of new 33 kV line Details
 8Tender for supply, installation, testing and commissioning of energy meter Details
 8Tender for carrying out protection works for transmission line tower Details
 8Tender for supply of industrial ethernet switch Details
 8Tender for supply of arcing horn for 765 kV single-circuit and 400 kV double-circuit transmission line Details
 8Tender for procurement of check nuts along with plane washers for transmission line Details
 8Tender for creation of 132kV transmission lines Details
 8Tender for work of providing services for loading, unloading, shifting and stacking of materials Details
 8Tender for supply and commissioning of autoreclosure relays for 400kV transmission lines  Details
 8Tender for capital works of 110 kV substation Details
 8Tender for disposal of scrap materials such as meter scrap, LT/HT cable Details
 8Tender for supply of 140kM of 33kV 3x300sqmm dry cured XLPE UG cable Details
 8Tender for dismantling of 150 kWp rooftop solar plant Details
 8Tender for construction of control room, cable trench Details
 8Tender for supply, installation and commissioning of multitier storage system and vertical reciprocating conveyor Details
 8Tender for providing fencing and area guarding for designated Details
 8Tender for revival of bus duct pressurizing system of 16.5 kV generatorbus duct system Details
 8Tender for contract for efficiency testing (pre and post overhaul) Details
 8Tender for dismantling of existing roof sheets Details
 8Tender for attending preventive breakdown maintenance work and rectification of minor repair works Details
 8Design, supply, erection & commissioning of automatic fire detection and quenching system with bypass circuit Details
 8Tender for capital overhaul of 210 MW LMW TG set and Re RLA study on turbine components Details
 8Tender for attending preventive breakdown maintenance work and rectification of minor repair works Details
 8Tender for breakdown maintenance of plate heat exchangers in TG & SG auxiliaries, vacuum pumps Details
 8Tender for attending routine and maintenance works in vacuum pumps Details
 8Tender for supply, installation, testing and commissioning of new reputed make 120KVA UPS system Details
 8Tender for work of providing & fixing of lightning high mast tower with required Details
 8Tender for establishment of 220/33kV additional substation Details
 8Tender for supply and delivery of silicon coated fibre glass sleeving size 6MM diameter Details
 8Tender for construction new bay extension work Details
 8Tender for supply loading at factory and transportation of LT distribution box Details
 8Tender for construction of retaining wall and renovation of switchyard and allied civil work Details
 8Tender for construction of cable trench Details
 8Tender for construction of cable trench for evacuation of 33kV power Details
 8Tender for service contract for metalizing and machining of lower and upper journal bearing housing Details
 8Tender for procurement of different seals related Details
 8Tender for renovation of existing VCB foundation and construction of broken repair of control room, yard fencing and other miscellaneous repair works Details
 8Tender for repair of damaged transformer plateform, VCB foundation, levelling gravelling of yard Details
 8Tender for water harvesting system, ferro cover, boring, fire wall and misc. civil works Details
 8Tender for P and F of fencing for various Details
 8Tender for urgent yard, dressing and misc. civil works at various Details
 8Tender for P and F of fencing for various Details
 8Tender for renovation of control room, yard, P and F of ferro cement cover at 33 kV S/S Details
 8Tender for transportation and stacking placing in safe custody of various structure material Details
 8Tender for annual contract for operation and maintenance work of complete river water system Details
 8Tender for requirement of M/s turbo-supervisor spare Details
 8Tender for supply of butterfly valve and gate valves Details
 8Tender for procurement of HT power cables Details
 8Tender for supply, installation, testing & commissioning of conversion of 220kV D/C line Details
 8Tender for supply of 230kV current transformers Details
 8Tender for work contract for chemistry operation with expert services Details
 8Tender for work contract for application along with supply of ceramic fiber sealing Details
 8Tender for supply, installation and commissioning for up gradation of VFD system Details
 8Tender for procurement of various types of pulley for 1400 mm wide conveyor installed Details
 8Tender for work contract for AOH of various auxiliaries of turbine Details
 8Tender for work contract for fabrication and erection of metallic expansion joint in various Details
 8Tender for turnkey packages for construction of 400kV transmission line Details
 8Tender for operation of works through contractor/external agency Details
 8Tender for work of MRI of KCC and solar consumers Details
 8Tender for replacement of PVC cable Details
 8Tender for work of MRI of KCC and solar consumers Details
 8Tender for operation work of 33/11 kV substations Details
 8Tender for retrieving the accumulated ash over Details
 8Tender for procurement of LED STRIPS/PCBs and drivers Details
 8Tender for supply of 200KVA capacity of lighting transformers Details
 8Tender for supply of welding machines and welding accessories Details
 8Tender for supply of various size seamless pipe and bends for boiler Details
 8Tender for fabrication, dismantling, erection, modification of various chutes of coal handling plant Details
 8Tender for work for providing & fixing of sheet moulding compound Trench cover chequered plate   Details
 8Tender for supply, installation and commissioning of 100% hot redundancy based continuously available Details
 8Tender for work of supply, erection testing and commissioning by replacement of 1X25 MVA 220/33kV power transformer Details
 8Tender for conversion of existing 110kV SCSC line Details
 8Tender for establishment of 132/33kV substation Details
 8Tender for providing and installation of 5 star 2T air conditioner system with inverter technology at various Details
 8Tender for BRC for work of rewinding and overhauling of 11 kV HT motors Details
 8Tender for work of boiler tube surface preparation, thickness survey measurement with party’s D-meter Details
 8Tender for supply of various instruments for chemical laboratory  Details
 You can also click on Tenders for more
 For reference purposes the website carries here the following newsclips:
 8NHRC seeks report from Meghalaya over illegal coal mine blast deaths Details
 8NLC India Q3FY26 net profit rises 13.53% on strong mining & renewable energy growth Details
 8Chhattisgarh mine visit highlights sustainable coal Details
 8NLCIL posts 8.74% growth in revenue from operations Details
 8Hydrogen trucking for India: brief Details
 8No proposal to seek return of power projects from Centre: J&K Govt Details
 8Odisha mobilises Rs 67,000 crore investment in renewable energy sector Details
 8India set to rely more on coal for next 25 years, report finds Details
 8Waaree energies, premier energies: Nuvama retains 'Buy' on both stocks, says this Details
 8GREW Solar secures ALMM approval for 3 GW G12R TOPCon capacity Details
 8Jupiter International doubles solar cell manufacturing capacity to 2 GW in India Details
 8Andhra chief secy directs power utilities to ensure uninterrupted supply during summer Details
 8HERC for modernisation, efficiency in power distribution system Details
 8Top 10 Energy trading platforms in 2026 Details
 8Renewables to dominate India’s grid by 2070, but ‘structural challenges’ are slowing the pace Details
 8Empowering India's future: raychem RPG's legacy in energy Infrastructure Details
 8Atlanta Electricals: why this smallcap stock may gain from the power sector boom Details
 8Genus Power crosses 1 crore smart meters, driving India’s smart metering mission into high-scale Implementation Details
 8NTPC to organise Indian power stations O&M conference 2026 in Raipur Details
 8Over 22,000 power employees in J&K to strike work today Details
 8India's real energy bottleneck is governance, not gigawatts Details
 8Solar + BESS: the next big opportunity in India’s energy market & its best manufacturers Details
 8Nationwide strike: 30 crore workers likely to join, banking and power services may be hit Details
 You can also click on Newsclips for more Details

Rs.95 crore captive dispute returns after APTEL reset

Feb 12: 8The financial exposure tied to cross-subsidy surcharge recovery places industrial captive economics under pressure.
Click on Details for more Details

Recruitment window widened at central power regulator

Feb 12: 8The extension suggests the Commission is seeking a broader or more suitable candidate pool.
Click on Details for more Details

Coal block loss reshapes fuel cost recovery for merchant thermal generator

Feb 12: 8The ruling shifts fuel price risk away from the generator and onto the buyer, marking a decisive move in pass-through jurisprudence.
Click on Details for more Details

Rs 1,900+ crore claim ignites tariff shock debate

Feb 12: 8WBSEDCL warns recovery may distort merit order and consumer tariffs.
Click on Details for more Details

CEA redraws consortium qualification line for thermal EPC bids

Feb 12: 8This opens the door for large EPC majors from adjacent industries. Smaller technical players now shoulder the package-specific.
Click on Details for more Details

Market Round-up

Feb 12: 1) Real-time premium hardened over day-ahead on 2026-02-11
8Real-time MCP settled at Rs 3.84/kWh while day-ahead MCP was Rs 3.43/kWh on 2026-02-11.
Inference: the ~Rs 0.41/kWh basis points to balancing scarcity in-day rather than a day-ahead supply shortfall (same delivery date, same exchange).
Why it matters: discoms leaning on real-time for shape risk paid a visible premium even on a non-peak season day.

2) Hydro-peaking product drew heavy offers but cleared nothing on 2026-02-11
8Hydro-peaking window saw sell bids of 138,280.68 MWh but 0 MWh cleared on 2026-02-11.
Inference: sellers offered, but the market did not accept-suggesting either price mismatch or participants solving peak risk elsewhere (RTM/utility actions).
Why it matters: when a peak-flex product doesn’t clear despite volume on the sell side, scarcity gets pushed into costlier balancing channels.

3) Rajasthan underdrew hardest in NR while shortage stayed zero
8In Northern Region on 2026-02-11, Rajasthan UI was −4.57 MU (actual drawal below schedule) even as shortage reported 0 at the regional level.
Inference: underdraw looks behavioural/operational (schedule vs actual), not a supply shortage story-especially with frequency near 50.028 Hz at the evening peak.
Why it matters: large underdraw in a high-load state reshapes real-time balancing needs and can shift price risk onto others.

4) A morning maintenance wave hit the grid: 68 elements went out on 2026-02-11
868 transmission elements recorded outage start on 2026-02-11, with starts clustering in 09:00–10:00 hours (largest count-hours).
Inference: concentrated outage starts compress operational flexibility windows, raising the chance that normal demand/RE swings translate into higher balancing actions.
Why it matters: clustered maintenance timing is a controllable reliability lever; poor timing can quietly reprice intraday risk.

5) A 765 kV path was deliberately reconfigured mid-day and stayed out till evening
8A 765 kV line logged outage 09:24 to 18:11 on 2026-02-11 for auto-reclose configuration work.
Inference: planned protection changes on EHV corridors tighten contingency margins during active operating hours, not just at night.
Why it matters: protection work is necessary, but daytime execution increases the system’s sensitivity to forecast error and ramp events.

6) Frequency hit its day’s low in the afternoon, not at peak
8On 2026-02-11, frequency bottomed at 49.654 Hz at 16:25:40, while the day’s max was 50.237 Hz at 18:01:40.
Inference: the stress point sat in the afternoon control window-consistent with intra-day balancing friction rather than only evening peak tightness.
Why it matters: afternoon dips are operationally expensive because they collide with ramp transitions and reserve positioning.

7) One station spent 12.92% of the day in >800 kV territory
8On 2026-02-11, a 765 kV node recorded 12.92% of time above 800 kV (VDI = 12.92%).
Inference: this is a local voltage-control stress marker-likely reactive power/absorption tightness-rather than a system-wide event.
Why it matters: sustained over-voltage accelerates equipment stress and forces defensive operating margins that can spill into market risk premia.

8) Peak solar coincided with net exports and sub-50 Hz frequency at 11:15
8At 11:15 (Block T46) on 2026-02-11, solar was 72,362 MW, net transnational exchange was −2,703 MW (export), and frequency was 49.96 Hz.
Inference: surplus management leaned on exports during high solar, but frequency still sat below 50-pointing to balancing friction beyond “just having surplus.”
Why it matters: exporting the mid-day bulge without fully stabilising frequency signals a tighter flexibility stack than the headline RE number suggests.
Click on Details for more Details

Miscellaneous Update: Part I

Feb 12: 1) SECI posts steady Q3 profit; no fresh bond issuance
8The results reinforce SECI’s role as a system stabiliser in India’s renewable transition architecture.

2) Fixed charges to apply retrospectively for unreported installations in Rajsathan
8Consumers operating renewable systems without prior intimation will now be exposed to fixed charges for the entire unauthorized period.

3) AVVNL tightens disconnection protocol for high-value defaulting consumers
8Ajmer’s state distribution utility has moved to close procedural gaps after finding lapses in how high-value consumer disconnections are being handled.

4) Rajasthan discom tightens recovery rules and resets connection charge framework
8The latest order enables recovery of legacy dues from any future connection taken in the same consumer’s name, following due notice and hearing.

5) CESC’s FY25 performance review heads to public scrutiny
8Karnataka’s Mysuru-based distribution utility is set to face regulatory examination as the state regulator schedules a public hearing on its FY 2024-25 Annual Performance Review.

6) KSEB activates emergency grid protocol as unions announce 24-hour strike
8Leave restrictions, salary deductions, and removal threats for provisional recruits signal a hard administrative stance aimed at preventing staffing gaps.

7) UGVCL keeps base FPPAS flat at Rs 2.30 per unit across Q1 and Q3 recovery windows while agriculture stays carved out
8Across both recovery windows, agriculture consumers remain excluded.

8) Maharashtra transmission utility opens 32 electrician apprentice slots
8The move targets ITI-qualified candidates holding NCVT or MSBSVET certification, signalling a structured skill-pipeline reinforcement at the sub-division level.

9) Mahatransco opens 29 electrician apprentice slots in Pune division
8The one-year apprenticeship programme will draw from certified ITI candidates, with mandatory national apprenticeship portal registration.

10) MP Discom creates ready-to-deploy contractor pool for grid emergencies
8The utility has identified and ranked contractors in advance, allowing instant mobilisation when storms, faults, or disasters hit the network.
Click on Details for more Details

Regulatory Updates: Part I

Feb 12: 1) Karnataka opens tariff review that could reset power costs for key consumer segments
8Industrial and commercial consumers may be the first to feel any rate restructuring, while irrigation pump tariffs signal implications for agricultural subsidy burdens.

2) CSPDCL challenges tariff order over Rs 1,000+ crore recovery impact
8Chhattisgarh’s state discom has moved the regulator seeking reversal of multiple tariff decisions that it says are eroding its cost recovery.

3) JBVNL cost reconciliation enters regulatory spotlight
8Any uncovered cost deviations could reshape the revenue recovery trajectory.

4) Jharkhand regulator opens tariff hearings that could reshape power cost flows
8The proceedings cover past cost true-ups, current performance reviews, and forward-looking tariff frameworks stretching to 2030-31.

5) APNRL tariff reset enters public scrutiny in Jharkhand
8Stakeholders will first test cost claims for FY25 before confronting forward-looking revenue requirements.

6) Regulator flags systemic nomination failures in CGRF framework in Tamil Nadu
8The absence of timely nominations risks operational paralysis in consumer dispute handling.

7) TNERC opens contract post for veteran power engineer
8This may help the Commission respond faster to technical filings and disputes.

8) TNERC formalises DSM governance with multi-stakeholder committee
8The regulator has moved DSM oversight into a structured institutional framework. Utilities, transmission, efficiency agencies, and consumers are now formally represented. This widens the accountability net beyond distribution utilities.

9) EHT demand collapses, tariff projections unravel in the hills
8The utility says industrial high-tension sales fell dramatically below forecast, weakening the demand base that underpins cost recovery. The gap between projected and actual consumption is presented as proof of migration to open access.

10) Meghalaya open access charges return to regulator under APTEL reset
8The Meghalaya regulator is back at the drawing board after APTEL struck down its calculation of cross subsidy surcharge, additional surcharge and CTU charges.

11) Meghalaya regulator reopens open access charges after tribunal resets surcharge framework
8The order re-examines whether industrial open access users have genuinely caused stranded fixed costs for the state distribution utility.
Click on Details for more Details

Regulatory Upadate: Part II

Feb 12: 1) MNRE-backed bioenergy workforce rollout opens national empanelment race for training centres
8The programme targets technicians for compressed biogas, pellets and briquettes, alongside biomass aggregation and depot operations — the physical backbone of biofuel scale-up.
 
2) UPNEDA tightens solar high mast eligibility and extends bid deadline
8The revised clauses sharpen the focus squarely on Solar High Mast Lighting Systems, replacing earlier references to solar PV power packs.
 
3) Delhi clears six-month interstate P2P power trading pilot
8Delhi’s power regulator has opened the door to interstate peer-to-peer green energy trading under a tightly monitored six-month pilot.
8The order clears transaction fees but blocks additional wheeling and open access charges within Delhi’s territorial jurisdiction.
 
Click on Details for more Details

Power Committee Updates

Feb 12: 1) SRPC’s revised bill for Dec’25 wasn’t a grid event-until the data broke: RTDA got rewritten, and the ‘discipline’ ranking flipped
8The original RTDA “discipline” narrative collapsed after correction, turning what looked like major state-level deviation into a data integrity issue.

2) From fault to failure: How protection gaps and reporting lapses are straining the Western grid
8A single line fault in South Gujarat snowballed into voltage collapse, massive curtailment and forced generation loss - exposing deeper weaknesses in protection settings.
Click on Details for more Details

Daily forward looking import matrices

Feb 12: 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

India's largest coal gasification project: Financial closure done

Feb 12: 8By all indications, financial closure seems to have happened
8And that is a giant step in India's quest for another energy lever for downstream chemical production Details

PGCIL awards 400 kV package to CG Power for Rs 280 crore

Feb 11: 8This transformer award is less about price and more about who PGCIL trusts to carry schedule risk for 10 identical 500 MVA units.
8Three bidders qualified, but only one walked away with the entire block. Details

SECI clears FDRE-VII 1200 MW at Rs 6.27–6.28/kWh, with ACME and Serentica taking 901 MW

Feb 11: 8SECI’s FDRE-VII award looks like a dispatchable RE milestone, but the real story is how brutally narrow the clearing band is.
8The winners did not just outbid rivals—they effectively defined the new floor for storage-backed peak supply.
8What SECI quietly engineered through connectivity gating and penalty design will reshape who even gets to compete next round. Details

Power Grid secures Rs. 311 crore annual tariff win in SR–ER inter-regional strengthening project

Feb 11: 8A hydrogen-era transmission spine just found its owner. Six bidders competed, but the tariff battlefield remains partially concealed.
8What the undisclosed spreads reveal could reshape how the next 765 kV corridor is priced. Details

Annual tariff for Morena SEZ 2500 MW transmission: Award

Feb 11: 8A 765 kV pooling hub for 2.5 GW renewable injection has changed hands 
8Twelve bidders qualified, but only one price has surfaced.
8The structure reveals where execution risk truly sits — and who chose to shoulder it. Details

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

Feb 11: 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

India’s grid operator names first woman market operations director

Feb 11: 8The appointment signals continuity in grid security priorities while reinforcing a governance shift toward inclusive leadership at the apex of system operations.
Click on Details for more Details

India’s carbon market prepares to pull heavy freight into the climate net

Feb 11: 8India’s carbon market is quietly expanding its reach - from smokestacks to supply chains.
Click on Details for more Details

Power Committee Updates

Feb 11: 1) Refund shock, not dispatch, rewrote Eastern SCED economics: payouts rose, but the pool clawback exploded
8The structural tension is clear: SCED is being used more, but the settlement economics are increasingly determined by who ends up refunding rather than who gets scheduled.

2) Reactive discipline tightened on paper in the East, but the grid’s VAR bill is still being underwritten by Bihar-and cross-border links are sliding the wrong way
8Operationally, the story is not about one bad actor; it’s about reactive flows migrating to where the grid is weakest, and the bill following that weakness.

3) DSM flipped from “cross-border leakage week” to “domestic discipline squeeze” - while TRAS/SCUC turned into net collectors, not payouts
8The commercial lever this week is simple: cross-border volatility is no longer the easiest scapegoat; the new risk is repeat domestic deviation behaviour that “looks small” per block but compounds brutally across the week.

4) Protection systems under stress: Renewable corridors, aging assets and relay misoperations expose structural vulnerabilities in Western Grid
8Renewable evacuation hubs such as Khavda and NTPC PSS-2 are now demonstrating structural fragility, with multiple blackouts within days.

5) Why the proposed relay settings working group is a structural reform moment
8There is now institutional recognition that decentralised relay setting approvals are insufficient. After repeated misoperations, the regional committees are now moving toward structured oversight. This may evolve into a de-facto regional protection regulator layer. The governance shift may be as important as any technical correction.

6) MP’s VAR bill flips polarity, while Gujarat keeps paying: WRPC’s reactive economics tighten around repeat offenders and a handful of mega-earners
8The commercial lever is obvious: repeat payers are funding an escalating set of super-earners, while the operational insight is sharper-discipline failures and local voltage behaviour are shifting fast enough to flip net positions within a week.

7) WR’s DSM story flips in a week: the region stops bleeding net charges, even as inter-regional stress migrates and Gujarat’s indiscipline spikes hard
8WR’s net settlement “relief” is real on paper, but the structural tension is now clearer-one large state is deteriorating, and the region’s balance is increasingly outsourced to corridor outcomes and portfolio-level RE volatility.

8) SCUC is printing winners - but TRAS shortfall is still eating the region alive
8The deeper tension: even with lower SCUC net in Week 2, the system is still relying on a narrow set of “grid-savers,” while a second tier of stations repeatedly refund/penalise across TRAS shortfall + SCUC decrements - a pattern that doesn’t resolve by settlement, only by operational behaviour change.

9) Southern Grid’s communication backbone under stress: Regulatory deadlines tighten as data gaps, OPGW gaps and cyber covernance frictions deepen
8The push for dynamic pre-islanding load reduction signals a strategic shift: the Southern Region is preparing not just for outages - but for structural grid fragmentation under high RE volatility.

10) December turns “late-payment interest” into a generator-led shock: Meenakshi’s jump rewrites SR discipline, while renewables keep paying in fragments
8The structural tension is clear: renewables appear frequently (many small but repeated lines), while one or two conventional players can swing the month’s interest narrative outright.

11) Southern Grid’s DSM story flips: Karnataka turns payer, Telangana turns earner - while Simhadri-I and SEIL P2 tighten the penalty noose
8The pool surplus rises week-on-week - a reminder that volatility is being monetised system-wide, just not evenly distributed across the same repeat offenders.

12) The pool’s cash engine flipped in the South: TRAS penalties eased, but SCUC turned into a payout week - and a single unit’s behaviour now dominates settlement risk
8Net-net: this is a week where penalties softened, but incentive-linked and SCUC-linked payouts intensified, pushing the region toward a settlement regime where volatility is less about “system stress” and more about which plants discover the ruleset edge first.

13) From ‘nil month’ to a brutal sorting mechanism: December’s beta scores expose who actually responds when frequency calls in the north
8The repeated behavioural issue isn’t “low average”-it’s missing telemetry and zero-response signatures, the two failure modes that matter most when frequency response is being audited.

14) The compensation ledger flips from ‘beneficiary protection’ to ‘system clawback’-SCED/SCUC signals turn into a volatility engine across Northern thermal
8Net-net: this is a compensation mechanism behaving less like a fixed relief valve and more like a two-way settlement instrument-and that makes forecasting (and dispute risk) part of weekly grid strategy even when the statement is issued monthly.
Click on Details for more Details

Company updates

Feb 11: 8Quality Power Electrical Equipment’s 63% standalone income jump hides a subsidiary-led growth story. And a A 35% standalone EBITDA margin looks durable until inventory stocking explains the cash strain. Click on Details for more.

8A new Netherlands subsidiary expands offshore scope, but ‘yet to commence operations’ blocks verification. The business will provide EPCIC services specialising in offshore infrastructure, including fixed and floating structures. Click on Details for more.

8Triveni Turbine: Order booking fell 26% in Q3, but it leans on ‘advance receipt’ policy to explain it". A 55–45 export-domestic balance is asserted, but the transcript admits export decisions are being delayed. Click on Details for more.

8A Coal India veteran takes BCCL finance The profile cites over 35 years of experience across Coal India subsidiaries with expertise in corporate finance, taxation, treasury, internal controls, SAP–FICO automation, and project financing. Click on Details for more.

8Websol Energy System Limited’s 77% revenue surge coincides with year-on-year margin compression. It showcases explosive growth, but margins and working capital move in the opposite direction. Click on Details for more.

8KPI Green Energy Limited adds 300 MW Khavda order, lifting Adani-linked exposure to 834 MW. With this addition, aggregate Khavda-related orders from Adani entities now stand at 834 MWac / 1,131 MWdc. Click on Details for more.

8KPI Green Energy Limited’s UAE data centre order signals capability, not scale That means the order is technologically relevant but extremely small in capacity terms. Click on Details for more.

8K.P. Energy wins 100 MW SECI wind LoA, lifting IPP portfolio to 150 MW. The project was awarded under tariff-based competitive bidding at ?3.67 per kWh. Click on Details for more.

8Power Mech Projects: The real split is not “standalone vs consolidated” — it is “India engine vs overseas drag” This is the dilution point: growth is visible, but geographic quality is uneven. Click on Details for more.

8GVK Power & Infrastructure Limited’s CoC meeting update The stated purpose is to “update on the resolution process” for the corporate debtor under CIRP. Click on Details for more.

8S & S Power Switchgear’s consolidated profit turns positive while standalone stays loss-making. A ‘cyber crime loss’ shifts consolidated optics. Click on Details for more.

8Orient Green Power Company: "A Rs 100 crore unutilised balance sits in fixed deposits, turning ‘use of proceeds’ into a timing story. This makes the capital deployment story one of delay and staging rather than completion. Click on Details for more.

8NLC India: Regulatory deferral swings negative Rs 120.32 crore, reversing last quarter’s ?194.14 crore boost". Profit rises, but operating margin collapses to 12.34%. Click on Details for more.

8ACME Solar Holdings wins 301 MW FDRE LOA, but tariff clarity is the real story". The tariff is pegged at Rs 6.28 per unit. Click on Details for more.

8BHEL: A Rs 254 floor price turns the OFS into a valuation anchor the market must absorb immediately. Bids below the cut-off/floor are rejected, and clearing happens through exchange bidding windows. Click on Details for more.

8Torrent Power Limited’s profit rises 34%, yet revenue stays nearly flat A Rs 22,000 crore thermal expansion sits alongside renewable transition messaging. Click on Details for more.

8Transformers and Rectifiers denies any undisclosed trigger behind trading volume spike. That means the company is formally rejecting the possibility of undisclosed price-sensitive events driving the volume. Click on Details for more.

8Genus Power Infrastructures: Margin expansion leans on operating leverage while finance costs quietly rise. It also means profitability remains sensitive to interest cost escalation. Click on Details for more.

8Adani Enterprises Limited confirms US sanctions probe has moved from media scrutiny to regulator inquiry. It also means regulatory scrutiny is now formal and documented. Click on Details for more. Details

Regulatory Updates: Part I

Feb 11: 1) TNERC tightens financial discipline with refunds, interest penalties, and compliance deadlines
8The broader signal is clear: financial discipline and procedural accountability are moving to the forefront of Tamil Nadu’s regulatory agenda.

2) Tamil Nadu regulator clears 1,500 MW RTC tender under resource adequacy push
8The state distribution utility to contract an additional 700 MW beyond earlier approvals and proceed with a consolidated 1,500 MW round-the-clock supply tender.

3) CERC slashes tariff base after uncovering unadjusted PSDF grant in STATCOM project
8The CERC reduced the opening asset value and reset the revenue trajectory for the 2019-24 period.

4) CERC trims POWERGRID Kala substation tariff after asset scope correction
8The order revisits earlier cost approvals, adjusts capitalisation claims, and lowers O&M allowances tied to transformer ratings.

5) CERC resets Northern grid strengthening tariffs, trims spares claim in cost review
8The decision underscores a broader push to align transmission cost recovery with verified expenditure rather than accounting adjustments.

6) CERC backs GST pass-through for solar projects but enforcement faces Supreme Court hold
8The order reinforces regulatory doctrine favouring full economic restitution - while simultaneously highlighting judicial uncertainty hanging over the sector.
Click on Details for more Details

Contracting news for the day: Part-1

Feb 11: SynCon becomes a tariff asset as PFCCL hard-codes grid stability into the Fatehgarh-II ISTS tender
8PFCCL is quietly turning synchronous condensers into a 35-year tariff product, not a one-time grid support purchase.
8The tender’s technical numbers look simple, but they are designed to force machine-grade accountability inside a transmission bidding template.

Hebbani 2x500 MVA BOOT package forces simultaneous COD and compresses tariffs under reverse auction
8PFCCL’s Hebbani 400/220 kV package looks like a routine Karnataka grid reinforcement, but the RFP quietly removes the bidder’s biggest safety valve: staged commissioning.
8The substation, LILO and 220 kV D/c line are welded into a single COD trigger, while reverse auction still squeezes the tariff.

A cod-cliff transmission tender hides a brutal “all-or-nothing” revenue gate
8This humnabad package looks like a routine 400/220 kv node, but its commercial structure is engineered to punish partial completion.
8The tender quietly converts multiple line and bay interfaces into a single cod choke point, turning schedule slippage into immediate revenue paralysis.
8The most consequential risks are not in equipment specs, but in how the promoter has wired commissioning dependency into cashflow.

The scope is a tunnel-and-dam integration play, not a simple civil BOQ
8Diversion tunnels, access systems, coffer works, roads, and dam + HM interfaces sit inside one lot.
8That bundling punishes silo contractors who price only their strongest workfront.

UJVN’s Pathri 16 MW/40 MWh BESS tender quietly shifts reliability and subsidy-risk onto the developer
8UJVN’s Pathri BESS tender looks like a straightforward 16 MW/40 MWh procurement, but the contract structure is doing something sharper. Details

Contracting news for the day: Part-2

Feb 11: Second extension reshuffles bid clock for 400/220 kV GIS Ambernath transmission project
8A 7-day extension may look procedural, but in a 4 x 500 MVA GIS build it rarely is.
8With 100% revenue locked behind simultaneous COD, pricing precision becomes existential.
8REC has not softened the framework — only the clock.

Second deadline extension shifts Apta 765/400/220 kV TBCB auction into March
8This tender sits at the intersection of 765 kV corridors, multi-ICT capacity and a politically sensitive load narrative.
8The market needed more runway to price 765 kV execution and interface risk.

Bid clock resets for REC PDCL’s 765/400/220 kV AIS Balsane project
8REC PDCL has pushed the Balsane transmission bid by two weeks, but left every structural risk intact.
8The clock moved — the liabilities did not.

Fourth extension pushes Ranipur–Chunar TBCB into late-February, resetting RA and SPV transfer clock
8The project’s technical scope is straightforward, but the bid process behaviour is telling a different story about market appetite and readiness.
8The real signal is hidden in what the amendment does not say.

WESDCL tenders 100 MW solar pv with 25 MW/100 MWh BESS under 12-year lifecycle EPC-O&M framework
8A 100 MW solar plant would be routine — until WESDCL locks in four-hour storage and 12 years of operational liability under one contract.
8The bidders who misprice lifecycle physics will learn that solar is now the easy part. Details

Miscellaneous Update: Part I

Feb 11: 1) January’s transmission build-out turns EHV-heavy, lifting FY26 commissioned line length to 7,392 cKM
8Many of the newly commissioned lines are tied to renewable energy evacuation schemes, reinforcing the policy push behind the acceleration.

2) January’s transmission commissioning surge shifts the grid buildout from state reinforcements to ISTS backbone corridors
8The overall pattern suggests that national corridor construction cycles are now the primary driver of commissioning outcomes.

3) ISTS-led transformer capacity build pushes national base past 1.416 million MVA by January-end
8The dataset itself does not disclose project-level reasons, but the pattern signals that grid-strengthening additions are being booked disproportionately on the interstate backbone rather than within states in this month’s mix.

4) January commissioning push lifts FY26 transformation capacity additions, but the target gap remains wide
8The data signals improving execution momentum but also highlights mounting year-end delivery pressure.

5) ISTS transformation buildout takes over January’s commissioning slate as private-sector RE pooling additions cool after a December spike
8This mix shift indicates that monthly commissioning momentum is being driven more by large ISTS transformation projects than by steady state or private pooling additions.

6) January pushes 765 kV capacity past 40,000 MVA as RE evacuation assets dominate FY26 grid buildout
8The month’s story is not incremental network spread, but concentrated transformation capacity that directly improves evacuation readiness from high-injection renewable zones.

7) India’s net-zero pathway turns buildings and farms into the next grid stress test
8Buildings move toward electricity dominance, reaching a projected 70% share by 2050, while digital infrastructure emerges as a parallel power sector in its own right.

8) Unplanned outages surge in January in Delhi even as reported unserved energy eases
8The overall implication is a more volatile operational environment in January despite stable aggregate energy impact.

9) Telangana discom defends revenue gap, capex and tariff posture before regulator
8The company argues that projected revenue gaps are a matter for state subsidy and Commission determination rather than tariff action.

10) Coal price pass-through and performance metrics emerge as YTPS filing fault-lines
8The sharpest pressure point is energy charge rate credibility: objectors explicitly cite SCCL’s coal price reduction and argue it should flow through to YTPS’s ECR, contrasting a filed value with a lower implied number post-reduction.

11) Divisional customer care hub proposed for Greater Noida West with Rs 19.80 crore CAPEX
8What is not stated here is the approval pathway, timelines, or procurement packaging beyond a high-level tender/cost note-leaving the regulatory and execution critical path outside the visible portion.

12) UPERC opens FY27 tariff cycle with formal admission of discom revenue cases
8The order activates the regulatory process covering True-Up for FY 2024-25, performance review for FY 2025-26, and forward revenue planning.

13) KESCo files UPERC data-gap replies, defends anomalies and submits cost reconciliations
8The filing positions itself as a corrective record-answering flagged discrepancies on sales movements, loss reporting, surcharges, and power purchase accounting-while routing multiple items into annexures for scrutiny.

14) KESCo pegs smart-meter payments at Rs 73.96 Cr, reports billing and collection uptick
8The filing positions smart meters not just as a capex programme but as a revenue-impact lever, citing a 5.61% rise in billed units and an uplift in collection metrics for Nov–Dec 2025 in its internal study.

15) SSTPS Suratgarh’s falling generation eases emissions intensity but keeps water stress above regulatory limits
8Gross generation fell by over 14%, reflecting state load dispatch centre–driven backing down of units.

16) Karnataka discoms seek urgent tariff rollback for farm power amid subsidy gap
8Discoms warn that a rapid reduction of cross-subsidies for agricultural consumers has destabilised the revenue balance between paying industrial users and subsidised farm loads.

17) HVPNL activates emergency officer reshuffle ahead of nationwide strike
8The move replaces previously deputed officers across key transmission circles just 48 hours before the planned industrial action.

18) MSETCL releases apprentice merit list, activates category-wise wait pool
8The selection spans multiple reservation categories and is strictly tied to academic scores and statutory norms.

19) MAHATRANSCO opens apprenticeship intake for transmission division in Mumbai
8The move brings 25 technical training seats into the state transmission workforce pipeline, with electrician and wireman trades among the notified categories.

20) High court order forces PSPCL to revoke blacklisting, while keeping fresh show-cause route open. The company in question is H.S. Electrical Contractors

Click on Details for more

Details

Miscellaneous Update: Part II

Feb 11: 8SW JFE Electrical Steel Nashik: Debt-funded acquisition leaves gearing near 1.9x even before the Rs 4,300 crore expansion begins",Capacity expansion to 250,000 MTPA is framed as strategic, but execution risk sits squarely on a leveraged base. Click on Details for more.

8Bangladesh’s draft EPSMP 2026 repeats the LNG-heavy playbook while projecting 47% renewables by 2050".
1 "The document projects renewables at about 47% of 89.1GW installed capacity by 2050, yet still deepens LNG dependence by design. Click on Details for more.

8EU’s green bond “gold standard” logs Euro 22 billion in a year, yet still finances only a sliver of taxonomy-aligned capex. ,European Commission’s absence as a EuGB issuer leaves a credibility gap in the market it is trying to standardise. Click on Details for more.

8Mahagenco seeks bulk agencies to lift and transport fly ash from two plants. EOI hardwires scale filters and excludes JV bids, narrowing the field to large logistics-heavy operators. Click on Details for more.

8Tamil Nadu DISCOM launches 600MW April reverse auction with Rs.10,000/MWh ceiling on HPX platform 1 The ceiling price is explicitly capped at Rs.10,000 per MWh. Click on Details for more.

8CESC’s April reverse auction is published without a ceiling price, forcing sellers into blind bidding economics. Click on Details for more.

8CESC launches another April reverse auction without a ceiling price, extending the blind bidding pattern. Click on Details for more.

8CESC opens late-March reverse auction without a ceiling price, extending opaque procurement practices.
1Parallel auctions on IEX and PXIL fragment CESC demand instead of consolidating price discovery. Click on Details for more.

8SEPC Limited’s smart metering order locks in long tenure risk under a DBFOOT structure.
1The company disclosed a Rs 313.96 crore Letter of Intent from TCIL for a smart prepaid metering project in Punjab under RDSS. Click on Details for more.

8TANGEDCO’s 200 MW April buy concentrates entirely in off-peak 00:00–08:00 hours. Click on Details for more.

8TANGEDCO’s 400 MW evening procurement turns April peak hours into a single auction bet. Click on Details for more.

8China’s 1.6 TW operating capacity dwarfs peers, reshaping the global clean energy centre of gravity" .
1That means China alone anchors both current capacity and future pipeline momentum. Click on Details for more.

8HPL Electric & Power: BLeans heavily on smart metering visibility while downplaying balance sheet expansion",It frames this as multi-year revenue visibility under RDSS-driven rollout. Click on Details for more.

8CESC’s 75 MW buy order is boxed into a 6-hour evening window for 16 days. Click on Details for more

8CESC’s 100 MW tender doubles the time-slices, stretching from midnight to peak hours daily. Click on Details for more.

8TANGEDCO’s 400 MW evening buy order turns April into a month-long peak procurement cycle. Click on Details for more.

8Punjab State Transmission Corporation: Revenue rose 16% but profit rose 315%, a mismatch the statement doesn’t reconcile". That means costs, finance charges, or below-line items moved far more than revenue, and that movement is the real story. Click on Details for more.

8Tripura: Filing escalates the strike into a disciplinary threat by warning violations will be viewed seriously. The document’s most consequential line is not about services but about punishment. Click on Details for more. Details

Market Round-up

Feb 11: 1) Real-time price hit the cap while frequency touched 49.882 Hz
8IEX RTM MCP spiked to Rs 10.00/kWh at 07:00–08:00 (Block 29–32) on 2026-02-10, while grid frequency fell to 49.882 Hz at 07:30 (Block 31).
Inference: a supply shortfall of even ~1–2 GW in a tight morning ramp window can push both RTM clearing and frequency to stress levels simultaneously.
Why it matters: cap-price events combined with sub-49.90 Hz frequency indicate real-time scarcity and higher deviation settlement risk.

2) RTM traded Rs 2.94/kWh above DAM in the same morning hour
8DAM cleared at Rs 7.06/kWh, but RTM cleared at Rs 10.00/kWh for 07:00–08:00, creating a Rs 2.94/kWh premium.
Inference: last-minute balancing demand exceeded DAM schedules, forcing buyers into high-priced RTM blocks.
Why it matters: a Rs 2.94 spread over even 1,000 MW for one hour equals ~Rs 2.94 crore incremental procurement cost.

3) One exchange cleared exactly 0.00 MWh in RTM for all 24 hours
8PXIL RTM showed MCV = 0.00 MWh for all 24 delivery hours on 2026-02-10.
Inference: bids were present but did not match competitively; liquidity consolidated on another platform.
Why it matters: zero liquidity removes competitive price discovery and concentrates real-time market power elsewhere.

4) HPDAM saw 135,821 MWh of sell bids - but cleared 0.00 MWh
8IEX HPDAM recorded 135,821.40 MWh sell bids but Final Scheduled = 0.00 MWh across all 24 hours.
Inference: buyers did not accept peak-hour hydro premiums, relying instead on DAM/RTM or internal balancing.
Why it matters: when a peak-flex product fails to clear even with >135 GWh offered, hydro flexibility is not being monetised through markets.

5) Balancing leaned heavily downward: 30,128 MWh TRAS down vs 2,445 MWh up
8TRAS Down = 30,128 MWh, TRAS Up = 2,445 MWh; SRAS Up = 6,272 MWh, SRAS Down = 6,471 MWh on 2026-02-10.
Inference: system required sustained absorption, indicating oversupply pockets despite the RTM morning spike.
Why it matters: large downward regulation volumes imply uplift costs and schedule inefficiencies.

6) Tamil Nadu under-drew by 4.02 MU despite zero reported shortage
8UI (Deviation) = –4.02 MU for Tamil Nadu on 2026-02-10, while reported shortage = 0 MU.
Inference: surplus internal generation or conservative drawal reduced dependence on central allocation.
Why it matters: 4.02 MU equals ~168 MW average deviation over the day, shifting balancing burden to the grid.

7) A 3,960 MW coal plant sat at just 13% of normative stock
8SASAN UMPP held 105.2 thousand tonnes vs normative 796.5 thousand tonnes - only 13% of required stock.
Inference: supply replenishment lagged consumption; plant flagged as critical in CEA report.
Why it matters: at 3,960 MW capacity, prolonged low stock raises forced outage risk and dependence on imports.

8) Frequency stayed outside 49.9–50.05 Hz for 4 hours 18 minutes
8Total time outside the “tight” band was 4:18:10 on 2026-02-10, even though evening peak shortage = 0 MW.
Inference: continuous balancing corrections were needed despite adequate supply margins.
Why it matters: prolonged time in frequency tails increases DSM exposure and signals stressed balancing resources.
Click on Details for more Details

Daily forward looking import matrices

Feb 11: 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 11:  For reference purposes the website carries here the following tenders:
 8Tender for work of removal and supply and reapplication of spray thermal insulation during Details
 8Tender for ETC works of 400 kV AIS substation Details
 8Tender for ETC works of 400 kV AIS substation includes Details
 8Tender for protection of right side river bank opposite Details
 8Tender for regarding repair and renovation work of electrical wiring/system Details
 8Tender for repair and maintenance of GSU transformer Details
 8Design, engineering, manufacture, supply, erection, testing and commissioning of DTPC with associated materials Details
 8Tender for procurement of 750 Nos 70 W LED street light Details
 8Tender for supply & application of anti-corrosive & energy efficient coating in CW pump Details
 8Tender for dismantle & erection of apron pans 146 no tail shaft assly sprocket sector of head shaft two no chain links Details
 8Tender for appointment of advanced metering infrastructure (AMI) service provider Details
 8Tender for appointment of advanced metering infrastructure Details
 8Tender for supply of primary scrappers and secondary scrappers Details
 8Tender for supply of CPU resin Details
 8Tender for annual routine maintenance contract of power house Details
 8Tender for increasing capacity of different DTRs Details
 8Tender for maintenance/operation work of HT/LT lines, attending breakdowns and complaints Details
 8Tender for operation of works through contractor/external agency Details
 8Tender for operation work of 33/11 kV substations Details
 8Tender for operation of works through contractor/external agency Details
 8Tender for replacement of ACSR conductor by covered conductor Details
 8Tender for renovation of compound wall and barbed wire fencing at 110kV substation Details
 8Tender for constructing new feeder Details
 8Tender for supply of FR grade conveyor belt Details
 8Tender for erection, testing and commissioning of new 11kV LT/HT lines Details
 8Tender for laying of tower foundations, erection of towers, stringing and sagging of conductor Details
 8Tender for rate contract for the work of overhaul, lifting & shifting of various sizes of LT motors Details
 8Tender for work of overhauling & servicing of dampers for boiler Details
 8Tender for rectification replacement of defective tubes in water wall area S panel Details
 8Tender for procurement of LT three phase angle cross arm Details
 8Tender for procurement, installation, configuration and commissioning of remote terminal unit (RTU) and media converters Details
 8Tender for work of routine, preventive, online and shutdown maintenance of various turbine auxiliaries Details
 8Tender for supply of 245kV potential transformer Details
 8Tender for supply of various valves and their spare at DM plant Details
 8Tender for construction of 220kV substation Details
 8Tender for extension of control room at 66 kV sub-station Details
 8Tender for extension of switch house at 66 kV sub-station Details
 8Tender for annual rate contract for supply of DM (demineralized) water for hot line washing Details
 8Tender for upgradation of STPS new intake pipeline Details
 8Tender for procurement of complete enclosure for feed gate for overhauling Details
 8Tender for annual repair maintenance and tit bit civil sanitary works Details
 8Tender for biennial rate contract for coal cleaning and housekeeping Details
 8Tender for procurement of 11kV 1Cx300mm2,11kV 3Cx35mm2 and 1.1kV 4Cx95mm2 xlpe power cables Details
 8Tender for procurement of batteries for walkie-talkie sets Details
 8Tender for purchase of different lights Details
 8Tender for procurement of 220 Nos 250 W LED flood light Details
 8Tender for replacement of rabbit/weasel ACS covered conductor Details
 8Tender for replacement of rabbit/weasel ACS covered conductor 11 kV feeder Details
 8Design, manufacture, shop testing, supply, erection commissioning and site testing of BOX type double grider EOT crane Details
 8Tender for implementation of fugitive dust suppression system Details
 8Tender for replacement of defective boiler tubes in 9th header and economizer coils Details
 8Tender for replacement of defective tubes in LTSH coils economizer hanger tubes Details
 8Tender for execution of contract for supply works and other works Details
 8Tender for construction of extension in 11 kV control room at 220 kV S/S Details
 8Tender for routine testing work Details
 8Tender for work for shifting of electrical utility Details
 8Tender for adding of 132 /33 KV 40 MVA transformer Details
 8Tender for diversion height raising of 132 kV SC line Details
 8Tender for diversion height raising of 220 kV line Details
 8Tender for carriage, foundation and erection of monopole of 220 kV line Details
 8Tender for erection testing & commissioning of 315 MVA 400/220 kV T/F Details
 8Tender for construction of 132kV transmission line on panther conductor Details
 8Tender for construction of SAS based 2x63MVA, 132kV substation Details
 8Tender for replacement of existing conductor 0.4 SQ inch ACSR conductor with equivalent HTLS conductor Details
 8Tender for replacement of existing conductor 0.2 SQ inch ACSR conductor Details
 8Tender for creation of 66 kV substation Details
 8Tender for repair and maintenance of switchyard Details
 8Tender for work contract for In-situ repairing of HP valve installed in turbine and boiler Details
 8Tender for supply and delivery of 10kV IR tester Details
 8Tender for supply, installation, testing, commissioning of total cumulative 11kWp off grid solar PV power pack Details
 8Tender for work of line name, numbering, change nomenclature, colorcoding of various 220kV, 132kV & 66kV lines Details
 8Tender for supply, installing, testing and commissioning of 5 No. 12.5 Mtr. long high mast lighting system Details
 8Tender for providing and fixing of GI pipe line Details
 8Tender for procurement of fluid couplings for rotary breakers Details
 8Tender for procurement of various size of gaskets and stem packing rings for feed water circuits Details
 8Tender for upgradation of 66kV substation Details
 8Tender for supply, delivery of lineman ALM tool kits Details
 8Tender for supply/delivery and installation of ACs in kiosk and control room of 400 kV sub-station Details
 8Tender for turnkey packages for construction of 220 kV transmission lines on monopoles package Details
 8Tender for work of construction of extension in control room at 220 kV S/S Details
 8Tender for replacement of boiler pressure parts tubes Details
 8Tender for replacement of plugged economizer coil assemblies Details
 8Tender for procurement, installation, configuration and commissioning of remote terminal unit and media converters Details
 8Tender for replacement of boiler pressure parts tubes bends Details
 8Tender for UG cable work for the erection of 33 kV incoming feeder lines for the new 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 (new) temporary sub-station Details
 8Tender for electrical and civil renovation work Details
 8Tender for thorough PCC and gravel replacement along with construction of drain and cable trench at switchyard Details
 8Tender for development of 11 kV outgoing area including construction of cable trench Details
 8Tender for shifting work of 33kV double circuit OH and UG feeder Details
 8Tender for supply and delivery of LT distribution kiosk for 25 KVA transformer Details
 8Tender for supply of insulated screw driver 5x200 mm, 6x250 mm and 8x300 mm and insulated plier Details
 8Tender for supply of high voltage insulating rubber sheet Details
 8Tender for supply of LT XLPE insulator Details
 8Tender for repair of sanitary system and other repair of various rooms Details
 8Tender for supply of ISI marked four core LT PVC insulated Details
 8Tender for construction of protection wall for safety of tower Details
 8Tender for work of shifting & transportation of un-pulverized waste minerals accumulated near coal mill Details
 8Tender for supply, retrofitting, testing and commissioning of distance protection relay Details
 8Tender for miscellaneous civil works Details
 8Tender for construction of protection wall for safety of tower Details
 8Tender for execution of sub station operator (SSO) works for different 33/11 kV S/s Details
 8Tender for maintenance of HT/LT line Details
 8Tender for enhancement of transformation of capacity of substation by replacement/addition of ICTs Details
 8Tender for work of SITC of new GPS time synchronizer satellite receiver along with GPS antenna for relay Details
 8Tender for work of providing & fixing of dedicated metering CT’s & PT’s of required Details
 8Tender for work of 400/220kV circuit breaker foundation Details
 8Tender for annual maintenance contract for maintenance work of yard Details
 8Tender for work of overhauling of turbine generator including attending oil seal leakage Details
 8Tender for construction of 400/220kV ICT-4 bay, of 400kV line Details
 You can also click on Tenders for more
 For reference purposes the website carries here the following newsclips:
  8Bengal coal smuggling case: Two remanded to ED custody Details
  8State-run Parli Thermal power station ordered to stop operation of 2 units over pollution Details
  8Bhel OFS opens for non-retail investors; govt to sell up to 5% stake Details
  8NGT takes suo moto cognizance of Meghalaya coal mine blast, issues notice to state govt, Centre Details
  8Jupiter Int. doubles solar cell production Details
  8Haryana CM directs time-bound implementation of PM-KUSUM and rooftop solar schemes Details
  8Premier energies forms JV with BA Prerna to expand EPC footprint in India’s renewable energy sector Details
  8KPI Green Energy wins Adani Group orders for 300 MW Khavda renewable project, total capacity rises to 834 MWac Details
  8Dead EV battery doesn't mark end of its utility, UN official tells PTI Details
  8Torrent Power Q3 Profit Rises 34% to Rs 655 Crore Details
  8India's solar sector urged to focus on backward integration amid oversupply Details
  8India’s solar sector at a tipping point: Experts call for full value chain, localisation, and sustainable growth Details
  8India's Solar push: GIPCL vs. orient green power Details
  8Solar stocks: why elara prefers vikram solar, emmvee over waaree & premier energies Details
  8JMK Research tracks strong renewable installations across India Details
  8India’s 10 Largest Solar Parks in 2026: Capacity & Impact on Renewable Energy Details
  8Premier energies forms strategic joint venture with BA prerna renewables to strengthen EPC capabilities Details
  8ACME Solar rallies after LoA for 220 MW solar-BESS project Details
  8Power sector reforms central to tackling India's climate finance problem Details
  8Forget mega-caps: 2 under-the-radar power stocks pivoting for India’s next renewable super-cycle Details
  8India’s power mix to shift from coal to renewables by 2070; Nuclear seen as key baseload: NITI Aayog Details
  8India's power distribution sector turns in a profit at last, but significant challenges remain Details
  8India will use more coal over the next 25 years, report says Details
  8Carbon capture can power India’s next steel revolution Details
 You can also click on Newsclips 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

The Rs 6,282 crore "Ghost Debt": State-led liquidity cannibalism

Feb 13: 8The state utility’s refusal to pay fuel adjustments has effectively turned this power producer into an unsecured, interest-free lender to a bankrupt government.
Click on Details for more Details

BHEL opens technical bids for DVC Koderma phase-II ash EPC

Feb 13: 8The package, which involves a massive 1200-day execution window and a Rs 3 Crore EMD, attracted a focused field of six contenders. Details

NTPC lot-2 Bess tender draws 31 bidders in corporate-scale price war

Feb 13: 8The high bidder count increases the risk of fragmented accountability as non-specialist EPCs attempt to manage complex battery-thermal interfaces. Details

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

Feb 13: 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

IREDA hard-codes QCBS 80:20 to block low-cost consulting

Feb 13: 8IREDA’s evaluation structure is not price-driven.
8The 70/100 technical cutoff ensures financial bids are seen only after capability filtering. Details

The "coal premium" scandal: 40% markups masking mine failures

Feb 13: 8Project delays in state-owned captive mines forced a desperate, high-priced pivot to external markets.
Click on Details for more Details

The "GCV slippage" heist: Paying for coal, receiving dust

Feb 13: 8Forensic coal sampling reports show a persistent discrepancy between "Paid Grade" and "Received Grade."
Click on Details for more Details

The "paper license" purge: CERC’s war on speculative trading

Feb 13: 8The regulator has begun a quiet "culling" of state-backed entities that hold trading licenses but never actually trade.
Click on Details for more Details

The banking trap: CSERC’s "scarcity tax" on solar prosumers

Feb 13: 8Regulators have decoupled tariff relief from grid physics, ensuring solar users pay 30% penalties during peak hours.
Click on Details for more Details

The "nomination strike": Sabotaging consumer protection

Feb 13: 8State utilities are found to be intentionally under-staffing forums that can rule against them.
Click on Details for more Details

The "legal heir" hydropower trap: 15-Year inheritance disputes

Feb 13: 8Project closure for hydro-dams is being held hostage by the grandchildren of original landowners.
Click on Details for more Details

Contracting news for the day: Part-1

Feb 13: The high cost of pumped storage entry: An EMD of Rs 100 crore
8This is a deliberate bidder-pool weapon to ensure only top-tier global hydro OEMs.

NTPC’s 200 MW generator COH tender stretches into a six-extension cycle
8NTPC has kept the Ramagundam 200 MW generator COH tender alive through a rapid sequence of extensions, without touching the scope or commercial structure.

SJVN 600 MW wind bid enters eighth extension cycle amid turbine supply bottlenecks
8The absence of any structural relaxation in eligibility norms suggests that the friction is purely temporal—developers are unwilling to lock in 25-year tariffs without firm visibility on equipment delivery windows and grid evacuation slots.

 NTPC’s procurement review tender looks like a template
8The extracts show detailed deliverables but no measurable acceptance framework.
8That can create disputes during submission and closure.

DVC protection audit tender remains frozen in four-stage extension cycle
8Rigid qualification gates block market entry as grid compliance stakes rise.

SJVN stretches 2000 MW pumped storage bid to late February
8The tender, valued at approximately Rs 50,00 Crore, requires developers to supply 8 hours of discharge capacity under a Build-Own-Operate (BOO) model Details

Contracting news for the day: Part-2

Feb 13: NTPCREL bets on vanadium as lithium supply chain risks mount
8High-density long-duration storage assets shift vendor dependency from cell supply chains to electrolyte sourcing and stack OEM maturity.

HPPCL banks on consultant to resets revenue architecture with 5th control period strategy
8This engagement sits at the core of HPPCL’s revenue realization,as the consultant’s ability to defend capital cost approval, true-up petitions,and depreciation mapping will define the utility’s cashflow predictability.

Outage squeeze: Bhel compresses technical opening for vindhyachal 500 MW overhaul
8Compressed procurement cycles for baseload thermal overhauls favor incumbents but raise the risk of unpriced technical defects.

KSEBL Idukki distribution package collapses on single-bid bottleneck
8Turnkey infrastructure failure exposes shallow bidder pool for complex terrain

NVVN’s rooftop solar procurement is quietly standardising a tougher template
8This tender reflects a trend where small rooftop packages adopt utility-style procurement discipline and the template is designed to reduce NVVN’s downstream dispute exposure.

BHEL floats EPC balance of plants package for 660 MW Satpura
8A 660 MW balance of plants package has quietly entered the market under BHEL’s banner.
8The three-week bid window sharpens the competitive edge for prepared EPC majors.  Details

Power Committee Updates

Feb 13: 1) East’s DSM story flips into a corridor-led market: East–North becomes the ATM, East–south becomes the sink-and the pool balance turns negative
8The commercial lever for utilities this week is blunt: DSM is not just a discipline meter-it’s an inter-regional exposure product, and corridor positioning is effectively deciding who gets paid even before you get to local scheduling quality.

2) From payment security faultlines to regulatory overreach: Southern region’s commercial framework enters a phase of structural stress
8The core story is unmistakable: regulatory design is racing ahead of financial alignment - and Southern Region’s commercial equilibrium is beginning to crack.

3) DSM legacy dues: When high courts become the new grid governors
8Southern Region’s largest beneficiaries continue to withhold DSM legacy payments under interim High Court stays.

4) Northern grid under stress: Regulatory heat, renewable instability, and transmission bottlenecks converge ahead of summer 2026
8Northern Grid is preparing for Summer 2026 - but on a foundation that is operationally stretched and regulatorily exposed.

5) Rajasthan’s grid hunting exposes renewable-stability fault lines
8Multiple generating stations in Rajasthan reported severe oscillations - voltage swings of 12 kV and load hunting exceeding 100 MW within minutes.
Click on Details for more Details

Regulatory Upadate: Part II

Feb 13: 1) NHPC’s profit paradox: Cost-loaded balance sheets meet 80% revenue caps
8Regulator-induced timing gaps suppress near-term profitability
2) Subansiri Lower’s tariff tension: The Rs. 28,000 crore gamble on CERC leniency
8Capital cost overruns threaten offtake economics and PPA stability
3) Electricity as a property weapon: Ombudsman blocks connection to freeze possession claims
8Regulatory refusal to energize disputed premises prevents "backdoor" legalization
4) Uttarakhand Ombudsman remands power dispute, orders Forum to rehear with petitioner included
Click on Details for more
5) Delhi power cost and procurement disputes stack up for 13 February hybrid hearings.
Click on Details for more
6) DERC clears BRPL summer power buys, but pins surplus risk back on the utility.
 Click on Details for more
7) UPERC puts UPPCL’s 40 MW bagasse PPA extension on an April hearing track.
Click on Details for more
8) UPERC lists UPPCL’s 375 MW/1500 MWh VGF-backed BESS procurement for April hearing.
Click on Details for more
9) WBERC adopts Rs. 5.81/kWh tariff for 1508 MW second greenfield thermal procurement.
 Click on Details for more Details

Miscellaneous Update: Part I

Feb 13: 1) The "Banker’s premium": Interest on under-recoveries surges 260%
8Because the state won't pay for fuel, the generator is paying hundreds of crores in interest to banks-a cost eventually billed to the public.

2) The Rs 250-crore overdraft: Pledging thermal assets for cash
8Critical power infrastructure is being used as collateral for short-term lifelines as cash flows dry up.

3) The "Ghost" grid: Transmission failures trapping record output
8Generation units report 90% availability, but local grid failures are trapping power at the source.

4) The Sagardighi efficiency paradox
8Unit 5 is hitting 95% availability, yet remains a financial liability.

5) The "Ageing Plant" burden: Bandel’s drag on the fleet
8Legacy plants are becoming "stranded infrastructure" within regulated portfolios.

6) Solar surge vs. wind Retreat: The winter imbalance
8India’s renewable fleet is becoming "Solar-Heavy," increasing the risk of night-time supply gaps.
Click on Details for more Details

Market Round-up

Feb 13: 1) Day-ahead hits the Rs 10.00/kWh cap, real-time prints Rs 4.30/kWh within 15 minutes
8On 2026-02-12 (T33, 08:00–08:15), IEX DAM MCP fixed at Rs 10.00/kWh while IEX RTM MCP was Rs 4.30/kWh.
Inference: the scarcity signal that priced DAM at the cap did not persist into delivery, implying a fast intraday correction via balancing actions and/or revised availability bids.
Why it matters: such cap-to-discount flips weaken DAM as a “shape risk” hedge and raise procurement error costs for discoms/CPPs relying on day-ahead certainty.

2) Real-time whipsaws into morning: Rs 9.00/kWh at 06:45, then sheds Rs 5.70/kWh by 08:00
8On 2026-02-12, IEX RTM MCP jumped to Rs 9.00/kWh at 06:45–07:00 and then dropped to Rs 4.30/kWh at 08:00–08:15.
Inference: the steep mean-reversion suggests a short-lived balancing squeeze rather than an all-morning structural shortage.
Why it matters: these fast swings punish late procurement and can distort intra-day risk premia even without visible corridor-wide violations.

3) Evening basis blows out: real-time trades Rs 2.63/kWh above day-ahead at 19:15
8On 2026-02-12 (19:15–19:30), IEX RTM MCP was Rs 9.00/kWh versus DAM MCP Rs 6.37/kWh.
Inference: the evening premium points to delivery-hour tightness (flex/ramp scarcity) rather than an all-day constraint.
Why it matters: this is the kind of “late-hour tax” that pushes discoms toward firmer flexibility contracts (or more conservative ramp planning).

4) Price discovery concentrates on one exchange as rivals show near-zero delivery activity
8On 2026-02-12, HPX RTM prints zero volumes/MCP across blocks shown, while PXIL RTM shows only a sell bid (84.48 MWh) with no cleared values populated.
Inference: thin parallel liquidity increases the risk that “the” real-time signal becomes effectively single-venue, especially during volatile hours.
Why it matters: concentrated liquidity can amplify microstructure noise—raising the cost of deviation management when the system is already jittery.

5) Inter-regional corridors show 0% ATC/(N-1) breaches, yet markets still swing hard intraday
8For 2026-02-12, inter-regional corridors (WR–NR, ER–NR, NEW–SR, etc.) show 0 blocks violated for ATC and (N-1) proxy in the national index summary.
Inference: with corridor-wide breach flags absent, the day’s DAM/RTM volatility is more consistent with supply-demand balancing and ramp/flex effects than transmission binding.
Why it matters: it shifts the mitigation playbook from “congestion cover” to “flex cover” (fast-start, reserves discipline, tighter forecasting).

6) Frequency stays near 50 Hz on average, but excursion counts remain heavy
8On 2026-02-12, average frequency was 49.995 Hz, with 108 excursions above 50.03 Hz and 172 excursions below 49.97 Hz (standard deviation 0.0723).
Inference: the system is “near-normal on average” but still working through frequent short deviations—consistent with a high-control, high-correction operating day.
Why it matters: frequent excursions increase regulation wear and can translate into higher balancing costs even when the headline average looks calm.

7) A single ER node breaks voltage “calm”: Rangpo 400 kV spends ~58 minutes outside band
8On 2026-02-11, Rangpo 400 kV shows only 95.97% time within IEGC band, with VDI 4.03% (VDI duration 00:58).
Inference: while most ER substations sit fully within band, this one-node deviation hints at localised stress pockets that broad indices can miss.
Why it matters: node-level voltage weakness can constrain real deliverability and force reactive compensation actions that don’t show up as corridor violations.

8) Southern thermal under-delivers by 187.56 MU on 2026-02-11, widening the flexibility burden
8On 2026-02-11, Southern Region thermal generation was 754.26 MU vs a program of 941.82 MU (deviation -21.24%), while hydro outperformed its program (79.32 MU vs 90.17 MU program; deviation +30.79%).
Inference: the thermal shortfall raises reliance on flexible balancing channels (hydro, imports, real-time procurement), tightening the intraday error band.
Why it matters: persistent thermal under-delivery can migrate cost from “planned energy” to “balancing energy,” usually at sharper price tails.
Click on Details for more Details

Daily forward looking import matrices

Feb 13: 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 13:  For reference purposes the website carries here the following tenders:
 8Tender for breakdown/preventive MTC. of TG equipments and overhauling of asscociated auxillaries Details
 8Tender for refurbishment reconditioning works of ID Fan impellers Details
 8Tender for supply, installation, testing and commissioning of testing equipment, measuring equipment and machinery, transformer oil storage tank etc. Details
 8Tender for empanelment of contractors to award a contract for survey installation testing and commissioning of 33 kV line Details
 8Tender for empanelment of contractors to award a contract for survey installation testing and commissioning of 11 kV line 11 04.33 kV distribution transformer Details
 8Tender for provinding and fixing of chain link mesh fencing and preparation for plantation Details
 8Tender for work of PID (puncture insulator detection) work of single/double    suspension/tension insulator strings Details
 8Tender for procurement of HVOF coated SS throat ring in eight parts along with hardwares Details
 8Tender for work proposal for widening and raising of existing partition bund Details
 8Tender for procurement of cast basalt lined MS bend for rerouting of bottom ash discharge lines Details
 8Tender for procurement of PA FAN motor Details
 8Tender for procurement of spares of analyzers Details
 8Tender for renovation of electrical Details
 8Tender for repair and maintenance of slope and flat roofs Details
 8Tender for supply of 33kV insulated conductor Details
 8Tender for repair of roof of balance C, D, E and F types Details
 8Tender for service order for fabrication of coal carrier pipe bends from straight pipe Details
 8Tender for biennial service contract for coal dust cleaning at cable tray and different electrical equipments Details
 8Tender for rate contract for overhauling rewinding balancing metalizing trueness checking from 75 KW to 160 KW motor Details
 8Tender for biennial rate contract to replace high pressure valves tubes bend and reducers Details
 8Tender for supply and delivery of heat shrink straight through jointing kit, heat shrink outdoor end termination jointing kit and heat shrink indoor jointing kit for 33kV, 3CX400 Sq.mm XLPE cable Details
 8Tender for construction of RCC cable trench Details
 8Tender for Bi annual rate of contract for restoration work of 220kV & 400kV transmission line on tower structure Details
 8Tender for balance construction activities in 33 kV transmission line Details
 8Tender for supply and installation of UPS along with battery for valve cooling system Details
 8Tender for supply and installation of 1000 kVA DG sets Details
 8Design, engineering, supply, erection, testing and commissioning for strengthening of 400kV 3Ph SC twin moose transmission line Details
 8Tender for package 2 -tower foundations of 110 kV line Details
 8Design, engineering, supply, erection and commissioning of earthing system Details
 8Tender for package-IV design, supply, erection, testing & commissioning for HTLS Re-conductoring for 200kV D/C ACSR zebra transmission line  Details
 8Tender for package-III design, supply, erection, testing & commissioning for HTLS Re-conductoring for 200kV D/C zebra conductor transmission line Details
 8Tender for package-II design, supply, erection, testing & commissioning for HTLS Re-conductoring for 200kV transmission line Details
 8Tender for package-I design, supply, erection, testing & commissioning for HTLS Re-conductoring for 220kV D/C ACSR zebra transmission line Details
 8Tender for civil works Details
 8Tender for procurement of grinding rolls and bull ring segments Details
 8Tender for part of balance works of main plant offsite civil works package Details
 8Tender for construction of civil foundation work Details
 8Tender for area development works for BESS plant Details
 8Tender for BMC for ash dyke maintenance work, seepage water pump house Details
 8Tender for restoration and refurbishment/ strengthening of existing ash slurry pipeline pedestals Details
 8Tender for works contract for erection of new 11kV UG feeder Details
 8Tender for preventive and routine maintenance works in fuel oil pump house Details
 8Tender for carrying out daily and periodical maintenance work in the cooling water pumps of 1A,1B,1C,1D and its allied travelling water screens Details
 8Tender for carrying out daily and periodical maintenance work in the cooling water pumps Details
 8Tender for supply, erection ,testing and commissioning of new 33kV source line and 11 kV link lines Details
 8Tender for supply of transformer structure materials Details
 8Tender for supply of bellow with control units for CWP discharge pipe lines Details
 8Tender for replacement of worn out discharge end and feed end spider, plate screen and allied works Details
 8Tender for daily maintenance & preventive / breakdown maintenance works in bottom ash handling system Details
 8Tender for capital works-renovation works for effective power evacuation Details
 8Tender for reinsulation, re-babbitting and machining works of the damaged upper guide bearing Details
 8Tender for supply and Re-tubing works of generator stator Details
 8Design, manufacture, testing and supply of 400kV SF6 breakers Details
 8Tender for manufacture, testing & delivery of 200 KL napthenic base transformer oil Details
 8Tender for work of replacement of 33kV CB, CT, LA and isolator Details
 8Tender for supply of power transformer component Details
 8Tender for manufacture, testing, supply and delivery of 100 KVA 11/0.433 kV oil cooled energy efficiency level Details
 8Tender for construction of cable trench Details
 8Tender for drawl of a new 11 kV feeder by laying of 3 C XPLE 300 sq mm by microtunneling work Details
 8Tender for annual operation and maintenance contract of 2 x x x200 T.G. sets, their auxiliaries Details
 8Tender for annual operation and maintenance contract of 2 x x 1200 kW T.G. Sets, their auxiliaries, electro-mechanical equipment and 3.3/11/33 kV switchyard Details
 8Tender for annual operation and maintenance contract of 2 x 1000 kW T.G. sets, their auxiliaries Details
 8Tender for annual operation and maintenance contract of 3 x 1000 kW T.G. sets, their auxiliaries Details
 8Tender for annual operation and maintenance contract of 2 x 1000 kW T.G. sets, their auxiliaries Details
 8Tender for procurement of 20kV by 900V, 4000KVA cast resin dry type excitation transformer Details
 8Tender for procurement of two nos BAT for H2SO4 tank in stage-1 CW chlorination plant. Details
 8Tender for procurement of 220 kV circuit breakers. Details
 8Tender for procurement of 400 kV current transformers. Details
 8Tender for annual maintenance work of 33/11 kV sub-station Details
 8Tender for supply and installation of HT and LT/ CT Details
 8Tender for supply and fixing of 33 kV fault inducator Details
 8Tender for replacement of 11 kV ACSR to AAAC Details
 8Tender for replacement of LT line conductor by ABC Details
 8Tender for maintenance work of associated HT/LT lines Details
 8Tender for construction of 33 kV s/s Details
 8Tender for transportation and stacking placing in safe custody of various structure material Details
 8Tender for annual contract for preventive and daily routine, breakdown and annual shutdown maintenance of 4 X 250 MW generators Details
 8Tender for work for chemical operation of PTP DM CW chemical treatment Details
 8Tender for annual contract for the work of sample collection, testing, solution preparation, transportation of various chemicals, chlorine gas tonners, assistance in operation work and other misc. work Details
 8Tender for annual work contract for operation, repair and maintenance work of 400 kV/220 kV/ 33 kV switchyard Details
 8Tender for repairing work of planetary gear box and drive pinion for wagon tippler Details
 8Tender for annual contract for the work of underwater inspection Details
 8Tender for annual contract for complete overhauling of natural draft cooling tower including Details
 8Tender for annual contract for repair/ reconditioning of BHEL and other make valves in boiler and turbine Details
 8Tender for annual contract for capital, breakdown and routine maintenance of rotary parts of boiler Details
 8Tender for annual contract for capital and routine maintenance of boiler, valves and its auxiliaries Details
 8Tender for performing residual life assessment (RLA) study for power transformers and 6.6kV HT motors Details
 8Tender for work contract for handling of store material Details
 8Tender for supply, installation, testing and commissioning (SITC) of compact substation (CSS) of 500 KVA and out door type LT panel Details
 8Tender for routine and breakdown maintenance work of 110/ 195/ 210 MW generator and its auxiliaries  Details
 8Tender for routine, breakdown and capital maintenance and rewinding and misc. repair work of LT induction motor Details
 8Tender for procurement of high energy drain valves installed Details
 8Tender for sale of dry fly ash generated Details
 8Tender for repair, maintenance, and installation of plant/ systems/equipments Details
 8Tender for bi annual up keeping & housekeeping of control room, switch yard Details
 8Tender for work of stringing of 66kV line Details
 8Tender for erection of new 66 kV S/C line Details
 8Tender for replacement of various high energy drain valves, steam/feed water lines, repairing of welding joints of steam/feed water lines etc Details
 8Tender for supply of vibrating screen assembly with motor for primary crusher for coal handling plant Details
 8Tender for supply of SMPS, temp. controller, limit switches, etc. Details
 8Design, supply, installation, retrofitting, testing and commissioning of 220kV bus bar protection scheme Details
 8Tender for providing and applying liquid rubber waterproofing Details
 8Tender for supply of fire delivery hose Details
 8Tender for painting and other miscellaneous works Details
 8Tender for supply of equipments/ material, erection, testing and commissioning for the work augmentation by providing additional 1 x 50 MVA, 132/110/33 kV T/F Details
 8Tender for supply of equipments/ material, erection, testing and commissioning for the work augmentation by providing additional 1 x 50 MVA, 132/110/33 kV T/F along Details
 8Tender for supply of equipments/ material, erection, testing and commissioning for the work augmentation by providing additional 1 x 25 MVA, 132/110/33 kV T/F along Details
 8Tender for supply of equipments/ material, erection, testing and commissioning for the work augmentation by providing additional 1 x 25 MVA, 132/110/33 kV T/F Details
 8Tender for work of supply, erection, testing and commissioning of 01 x 22kV new express feeder (AIS) bay Details
 8Tender for work of supply, erection, testing and commissioning of 01 x 22kV new express feeder (AIS) bay including civil works Details
 8Tender for work of tower stub strengthening of various 220/132/110kV line Details
 8Tender for work of supply, erection, testing and commissioning of 01 x 22kV new express feeder Details
 8Tender for second circuit stringing on 132kV line Details
 8Tender for supply, installation & commissioning of neutral grounding reactor (NGR) for power transformer Details
 8Tender for work of overhauling / servicing with providing & fixing of required spares of 245kV circuit breakers Details
 8Tender for work for providing & fixing of sheet moulding compound trench cover chequered plate Details
 8Tender for work of replacement of existing 0.4 ACSR (twin) conductor Details
 8Tender for work of augmentation by replacement of 2X (50-25) MVA 220/33kV power transformer Details
 8Tender for work of supply, erection testing and commissioning of additional 132/33 kV, 50 MVA power T/F along Details
 8Tender for supply, installation testing & commissioning of under frequency cum frequency trend relay (FTR) numerical IEC 61850 compliant relays Details
 You can also click on Tenders for more
 For reference purposes the website carries here the following newsclips:
 8India crosses 520 GW power capacity as solar reaches 140.6 GW in January 2026 Details
 8POWERGRID acquires BDPTL to enable 3 GW renewable energy evacuation in Karnataka Details
 8Renewable energy to power the next phase of growth: 5 stocks to watch Details
 8Bondada Engg commissions solar projects across Maharashtra, TN Details
 8NHPC and GRIDCO sign MoU for 1,000 MW Masinta pumped storage project to boost renewable energy in Odisha Details
 8Coal India shares slip 3% to lowest in five weeks post Q3 results Details
 8Coal India profit falls, dividend declared Details
 8Coal Minister launches 2nd tranche of exploration licence blocks Details
 8Coal India Q3 profit slips 16% amid lower offtake, subdued power demand Details
 8Stocks to watch today: Coal India, spiceJet, HUL, biocon, infosys, IRCTC Details
 8Leading the way: policy initiatives position Gujarat at the forefront of the energy transition Details
 8CESC subsidiary secures 250 MW wind project from SECI Details
 8Coal India Q3 FY26: Net profit drops 16% to Rs 7,157 crore on lower sales Details
 8SC refuses to pass any order related to Adani Group’s proposed thermal power plant in UP Details
 8Vikram Solar signs Rs 3,200 crore working capital consortium led by Indian Bank Details
 8GoodEnough energy partners with CMIL to drive green manufacturing in food sector Details
 8Safety first, production next’ formula for nuclear power: Jitendra Singh Details
 8Harbhajan singh grants Rs 13.48L from MPLADS fund for solar plant at Jalandhar badminton stadium Details
 8Lakhs of electricity employees , engineers across country including Punjab work boycott Details
 8PSEB Junior engineers strike work against proposed electricity amendment bill-2025 Details
 8NTPC to organise Indian power stations O&M conference 2026 at Raipur Details
 8PFC, REC say merger transition smooth; merged firm to have 20% exposure cap Details
 8NTPC to host IPS 2026 to drive operational excellence, reliability and innovation in India’s power generation sector Details
 8For India’s power sector, lessons for Assam Details
 8Power sector reforms central to tackling India's climate finance problem Details
 8Adani Power sets up nuclear-focussed unit after India moves to open up guarded sector  Details
 You can also click on Newsclips for more Details

GUVNL locks in 500–1000 MW RTC and 800 MW peak with loss loading and diversion penalties tightening grid discipline

Feb 12: 8GUVNL’s summer basket is less about price and more about control.
8Interstate sellers face a built-in evaluation haircut while diversion triggers double-tariff damages.
8The message to the market is unmistakable — supply certainty now outranks opportunistic arbitrage. Details

IREDA’s legal SME award throws up a 10x–12x bid spread that could destabilise future panel pricing

Feb 12: 8IREDA’s limited tender for a legal subject matter expert looks routine on paper, but the award numbers tell a very different story.
8One bidder has undercut Tier-1 peers by nearly an order of magnitude, raising questions about scope interpretation and delivery risk. Details

Rs. 192 crore rail–sea–rail coal transport award locks KPCL deeper into multimodal fuel security

Feb 12: 8KPCL has awarded a Rs, 192 crore rail–sea–rail coal transportation contract for RTPS, signalling that multimodal corridors are no longer optional. Details

Contracting news for the day: Part-1

Feb 12: Integration complexity at 220/132/33 kV makes Narendrapur a technical stress test for PGCIL
8A 100 MWh battery at a live 220 kV node is not just storage—it is a grid intervention.
8PGCIL’s VGF-backed TBCB structure tightens tariff discipline while shifting capital risk to developers.

MSETCL reopens Latur  AIS project under TBCB with split line packages after first-round stall
8MSETCL’s Latur transmission node is back on the block after a silent first-round reset.
8The split between a 220 kV line and an integrated 400 kV-plus-substation package is not cosmetic — it is strategic.
8The second call will reveal whether risk was mispriced or simply misjudged.

Rate contract transformer tender tightens fire-risk liability and warranty exposure
8RRVPN’s new 200 MVA auto transformer tender looks like a routine rate contract until you read the fire-risk bundling and guarantee language closely.
8The document quietly shifts interface and performance exposure upstream, forcing OEMs to price reliability risk.

BHEL moves early with pre-bid EPC tie-up for TGTRANSCO substation-level BESS
8BHEL is not waiting for award to secure its storage credentials in Telangana.
8The Maheswaram BESS play is being shaped at the tie-up stage, where risk, technology depth, and margin control are quietly negotiated.

The tender is “open,” but the NDA gate is the real qualification filter
8The document access process is not passive; it is an active screening mechanism.
8It gives the promoter discretion over who gets the full scope visibility.
8That shifts competition from “who can price” to “who can qualify to even see what they are pricing.

Odisha-bess-02 could become a template for multi-site storage rollout
8If execution aligns with design intent, replication is likely. Institutional frameworks tend to scale once proven.
8Early winners may dominate subsequent rounds. Details

Contracting news for the day: Part-2

Feb 12: NTPC 1000 MWh tender hardwires 15-year augmentation risk into the epc
8NTPC is not buying a battery system here — it is buying a 15-year performance guarantee disguised as an epc package.
8The quiet killer clause is the augmentation obligation, which forces bidders to price degradation economics, not just hardware.
8The bid security structure then filters the bidder pool in a way that could reshape competition before the first bid is even opened.

Standalone BESS tender quietly shifts storage risk onto BOOT developers
8UJVNL has issued a tariff-based BOOT RfP for BESS near Pathri HEP, backed by VGF through PSDF.
8On paper it looks like a routine storage procurement, but the structure signals a deeper shift in how utilities want to offload lifecycle risk.
8The real story will emerge in the RfP clauses that decide who carries degradation, availability, and payment-security exposure.

400/220/132 kV AIS Latur TBCB tie-up tender quietly signals market resistance
8Second-call tenders rarely happen without participation or pricing problems.
8In a TBCB context, it usually means the risk matrix was commercially rejected.
8The rerun suggests MSETCL is still trying to force tariff-compatible execution.

This tender reads like a template for NTPC’s wider Lot-2 BESS rollout, not a one-off purchase
8The internal PQC note explicitly references NTPC’s larger BESS tender covering 1,085 MW / 2,670 MWh across nine locations.
8Dadri and Tanda appear as the immediate target packages.
8If awarded cleanly, this structure is likely to be replicated across future sites.

Powergrid advances 765 kV GIS backbone for vizag green hydrogen cluster under pre-bid tbcb tie-up
8Powergrid is locking in its 765 kV GIS execution partner before the tariff battle even begins.
8The move shifts engineering risk upstream into the competitive tbcb arena tied to vizag’s green hydrogen ambitions.
8What looks like routine transmission planning may actually be margin compression by design. Details

Jan 01: Details

Miscellaneous Update: Part II

Feb 12: HEG Limited’s profit rose 44% even as quarterly revenue fell sequentially from RS.697 crore".
8That means margin extraction and cost control are doing more work than topline growth in this quarter.Click on Details for more.

S&S Power Switchgear Limited’s revenue doubled to RS.80 crore, while orders collapsed from RS.95 crore".
8That means execution momentum is running ahead of fresh booking strength in this period.Click on Details for more.

Pace Digitek Ltd claims Rs 1775 crore win.
8This is tied to a 250 MW solar plant plus a 1,100 MWh BESS.Click on Details for more.

International Institute for Sustainable Development frames subsidies as falling, yet fossil fuels still take 90%".
8The document sells a “decline” story while its own numbers keep the fossil-fuel dominance intact.Click on Details for more.

Jeppiaar Power Corporation stays at [ICRA]D, with “issuer not cooperating” turning the rating into a warning label".
8That label means users are being told the rating may not adequately reflect the credit risk profile because adequate information is unavailable."Click on Details for more.

BSES Rajdhani Power seeks 200 MW via PXIL reverse auction for 11 days, concentrated in two daily time blocks". Details

Company Updates

Feb 12: Amara Raja Energy & Mobility Limited reports 6% revenue growth while quarterly profit drops sequentially".
8That means earnings compression in the quarter was not driven by revenue contraction but by cost structure and exceptional movements. It also means the headline year-on-year growth narrative masks a near-halving of quarterly net profit on a sequential basis. Click on Details for more.

Amara Raja: New energy business crosses RS.200 crore revenue yet remains loss-making .
8If losses widen with expansion, group profitability could face sustained drag despite strong legacy battery performance. Click on Details for more.

G R Infraprojects Limited’s Rs 1,897.51 crore rail project ‘win’.
8It discloses the company emerged as L-1 bidder in the financial bid opening dated February 11, 2026 for a West Central Railway tender. give me paywall story. Click on Details for more.

Refex Renewables & Infrastructure posts results as auditors flag going concern risk".
8The independent auditors state that the company incurred losses during the quarter and nine months ended December 31, 2025 and that its net worth has been fully eroded as of that date. Click on Details for more.

Genus Power Infrastructures Limited’s 86% revenue jump hides debt climbing toward RS.2,200 crore".
8"Genus is celebrating explosive growth, but the filing already frames the balance sheet strain as unavoidable as execution accelerates. Click on Details for more.

SJVN Limited’s profit rose to RS.251.71 crore, yet revenue fell RS.96 crore quarter-on-quarter.
8It also means the quarter-on-quarter outcome cannot be treated as a clean “trend” quarter without the missing driver explanation for the revenue decline. Click on Details for more.

Devasari project spend hit RS.251.28 crore, yet the project remains on hold pending court hearing.
8The filing says a Supreme Court-constituted committee submitted recommendations on November 8, 2024, and the matter is listed for hearing on May 20, 2026. Click on Details for more.

Tarapur Transformers: Quarterly expenses of RS.75.02 lakh exceed revenue, exposing negative operating leverage

Kirloskar Electric Company Limited’s profit jumps despite RS.809 lakh exceptional hit".
8That means underlying operating profit before exceptional items was significantly higher than reported PBT. Click on Details for more.

Schneider Electric Infrastructure Limited faces RS.17.12 crore tax demand and goes to ITAT".
8It also means the filing creates a credibility gap between the hard demand number and the company’s softer framing on impact. Click on Details for more.

Sarda Energy gets pollution-board clearance to expand Gare Palma IV/7 mine output".
8It specifies production capacity expansion from 1.68 MTPA to 1.80 MTPA. Click on Details for more.

S & S Power Switchgear Limited doubles Q3 revenue, but quarterly order book almost halves".
8That means the quarter’s execution pace may be outrunning replenishment if the quarter-end order book is the forward visibility proxy being highlighted. Click on Details for more.

Nava Limited’s 83.5% profit jump leans on foreign currency gains, not only operations".
8Does that mean a large part of the quarter’s earnings uplift is structurally non-operating and could reverse with currency movement. Click on Details for more.

NHPC Limited receives an ESG score of 65.1, but the company did not commission it".
8That means the ESG score enters the exchange record without NHPC’s involvement or control over methodology. Click on Details for more.

REC Limited loses an executive director abruptly as repatriation ends the tenure".
8REC disclosed the cessation of Shri Chandra Sekhar Sakhamuri, IAS as Executive Director on repatriation to his parent cadre in Tamil Nadu. Click on Details for more.

Ircon International Limited grows Q3 profit on a 19% revenue collapse.
8That means profitability is being protected through levers outside reported revenue scale, not through growth in the core billing line. Click on Details for more.
  Details

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

Feb 12: 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

Download tenders and newclips

Feb 12:  For reference purposes the website carries here the following tenders:
 8Design, manufacture, supply, erection, testing & commissioning including five years comprehensive operation and maintenance of total 06 meter solar street lights Details
 8Design, supply, installation, testing, commissioning of total 300 kW capacities of grid connected solar PV plant Details
 8Design, supply, installation, testing, commissioning of total 165 kW capacities of grid connected solar PV plant Details
 8Design, supply, installation, testing, commissioning of total 140 kW capacities of grid connected solar PV plant Details
 8Tender for miscellaneous civil works Details
 8Tender for construction of addl. 12.5 MVA T/F plinth alongwith allied civil works Details
 8Tender for client membership of power exchanges Details
 8Tender for erection and commissioning of electro mechanical packages for 1X250 MW steam turbine generator Details
 8Tender for providing and laying water proofing treatment 3mm APP over the roofs Details
 8Tender for maintenance of dykes and outlet channels of ash pond Details
 8Tender for annual maintenance and operation of ESP, ash handling system and dredge pump house Details
 8Tender for repair, maintenance and restoration of right bank land slide Details
 8Tender for conversion of 90KW DOL to fedders to ACB feeders Details
 8Tender for protection work of right embankment Details
 8Tender for running contract for all O&M HT & LT network work Details
 8Tender for improvement of the existing earthing at 230/110 kV ETPS switch yard Details
 8Tender for refurbishing of stator core, complete reinsulation of stator coils with class F insulation, reinsulation of defective rotor pole coils Details
 8Tender for improvement of the existing earthing at 230/110 kV ETPS switch yard Details
 8Tender for renovation rectification of damaged hydro generation Details
 8Tender for routine maintenance of 60 MT weigh bridge Details
 8Tender for supply of spares for final drive gear box of SAN locomotive Details
 8Tender for works contract for conversion of HT/LT OH line Details
 8Tender for procurement of carbon steel seamless pipes and fittings Details
 8Tender for running contract for dismantling, pulling, loading, transporting, unloading, erection, cabling, termination, earthing Details
 8Tender for supply and erection of upgraded version of rectifier unit for stream II of EC plant Details
 8Tender for works contract for conversion of HT/LT OH line into HT/LT UG cable Details
 8Tender for running contract for all O&M HT & LT network work Details
 8Tender for installation of new 33kV & 11kV combined CTPT Details
 8Tender for work of erection dismantling of 132kV/ 66kV/11kV equipment Details
 8Tender for water balance study of 2X300MW DCRTPP Details
 8Tender for construction of new 33 kV line Details
 8Tender for supply, installation, testing and commissioning of energy meter Details
 8Tender for carrying out protection works for transmission line tower Details
 8Tender for supply of industrial ethernet switch Details
 8Tender for supply of arcing horn for 765 kV single-circuit and 400 kV double-circuit transmission line Details
 8Tender for procurement of check nuts along with plane washers for transmission line Details
 8Tender for creation of 132kV transmission lines Details
 8Tender for work of providing services for loading, unloading, shifting and stacking of materials Details
 8Tender for supply and commissioning of autoreclosure relays for 400kV transmission lines  Details
 8Tender for capital works of 110 kV substation Details
 8Tender for disposal of scrap materials such as meter scrap, LT/HT cable Details
 8Tender for supply of 140kM of 33kV 3x300sqmm dry cured XLPE UG cable Details
 8Tender for dismantling of 150 kWp rooftop solar plant Details
 8Tender for construction of control room, cable trench Details
 8Tender for supply, installation and commissioning of multitier storage system and vertical reciprocating conveyor Details
 8Tender for providing fencing and area guarding for designated Details
 8Tender for revival of bus duct pressurizing system of 16.5 kV generatorbus duct system Details
 8Tender for contract for efficiency testing (pre and post overhaul) Details
 8Tender for dismantling of existing roof sheets Details
 8Tender for attending preventive breakdown maintenance work and rectification of minor repair works Details
 8Design, supply, erection & commissioning of automatic fire detection and quenching system with bypass circuit Details
 8Tender for capital overhaul of 210 MW LMW TG set and Re RLA study on turbine components Details
 8Tender for attending preventive breakdown maintenance work and rectification of minor repair works Details
 8Tender for breakdown maintenance of plate heat exchangers in TG & SG auxiliaries, vacuum pumps Details
 8Tender for attending routine and maintenance works in vacuum pumps Details
 8Tender for supply, installation, testing and commissioning of new reputed make 120KVA UPS system Details
 8Tender for work of providing & fixing of lightning high mast tower with required Details
 8Tender for establishment of 220/33kV additional substation Details
 8Tender for supply and delivery of silicon coated fibre glass sleeving size 6MM diameter Details
 8Tender for construction new bay extension work Details
 8Tender for supply loading at factory and transportation of LT distribution box Details
 8Tender for construction of retaining wall and renovation of switchyard and allied civil work Details
 8Tender for construction of cable trench Details
 8Tender for construction of cable trench for evacuation of 33kV power Details
 8Tender for service contract for metalizing and machining of lower and upper journal bearing housing Details
 8Tender for procurement of different seals related Details
 8Tender for renovation of existing VCB foundation and construction of broken repair of control room, yard fencing and other miscellaneous repair works Details
 8Tender for repair of damaged transformer plateform, VCB foundation, levelling gravelling of yard Details
 8Tender for water harvesting system, ferro cover, boring, fire wall and misc. civil works Details
 8Tender for P and F of fencing for various Details
 8Tender for urgent yard, dressing and misc. civil works at various Details
 8Tender for P and F of fencing for various Details
 8Tender for renovation of control room, yard, P and F of ferro cement cover at 33 kV S/S Details
 8Tender for transportation and stacking placing in safe custody of various structure material Details
 8Tender for annual contract for operation and maintenance work of complete river water system Details
 8Tender for requirement of M/s turbo-supervisor spare Details
 8Tender for supply of butterfly valve and gate valves Details
 8Tender for procurement of HT power cables Details
 8Tender for supply, installation, testing & commissioning of conversion of 220kV D/C line Details
 8Tender for supply of 230kV current transformers Details
 8Tender for work contract for chemistry operation with expert services Details
 8Tender for work contract for application along with supply of ceramic fiber sealing Details
 8Tender for supply, installation and commissioning for up gradation of VFD system Details
 8Tender for procurement of various types of pulley for 1400 mm wide conveyor installed Details
 8Tender for work contract for AOH of various auxiliaries of turbine Details
 8Tender for work contract for fabrication and erection of metallic expansion joint in various Details
 8Tender for turnkey packages for construction of 400kV transmission line Details
 8Tender for operation of works through contractor/external agency Details
 8Tender for work of MRI of KCC and solar consumers Details
 8Tender for replacement of PVC cable Details
 8Tender for work of MRI of KCC and solar consumers Details
 8Tender for operation work of 33/11 kV substations Details
 8Tender for retrieving the accumulated ash over Details
 8Tender for procurement of LED STRIPS/PCBs and drivers Details
 8Tender for supply of 200KVA capacity of lighting transformers Details
 8Tender for supply of welding machines and welding accessories Details
 8Tender for supply of various size seamless pipe and bends for boiler Details
 8Tender for fabrication, dismantling, erection, modification of various chutes of coal handling plant Details
 8Tender for work for providing & fixing of sheet moulding compound Trench cover chequered plate   Details
 8Tender for supply, installation and commissioning of 100% hot redundancy based continuously available Details
 8Tender for work of supply, erection testing and commissioning by replacement of 1X25 MVA 220/33kV power transformer Details
 8Tender for conversion of existing 110kV SCSC line Details
 8Tender for establishment of 132/33kV substation Details
 8Tender for providing and installation of 5 star 2T air conditioner system with inverter technology at various Details
 8Tender for BRC for work of rewinding and overhauling of 11 kV HT motors Details
 8Tender for work of boiler tube surface preparation, thickness survey measurement with party’s D-meter Details
 8Tender for supply of various instruments for chemical laboratory  Details
 You can also click on Tenders for more
 For reference purposes the website carries here the following newsclips:
 8NHRC seeks report from Meghalaya over illegal coal mine blast deaths Details
 8NLC India Q3FY26 net profit rises 13.53% on strong mining & renewable energy growth Details
 8Chhattisgarh mine visit highlights sustainable coal Details
 8NLCIL posts 8.74% growth in revenue from operations Details
 8Hydrogen trucking for India: brief Details
 8No proposal to seek return of power projects from Centre: J&K Govt Details
 8Odisha mobilises Rs 67,000 crore investment in renewable energy sector Details
 8India set to rely more on coal for next 25 years, report finds Details
 8Waaree energies, premier energies: Nuvama retains 'Buy' on both stocks, says this Details
 8GREW Solar secures ALMM approval for 3 GW G12R TOPCon capacity Details
 8Jupiter International doubles solar cell manufacturing capacity to 2 GW in India Details
 8Andhra chief secy directs power utilities to ensure uninterrupted supply during summer Details
 8HERC for modernisation, efficiency in power distribution system Details
 8Top 10 Energy trading platforms in 2026 Details
 8Renewables to dominate India’s grid by 2070, but ‘structural challenges’ are slowing the pace Details
 8Empowering India's future: raychem RPG's legacy in energy Infrastructure Details
 8Atlanta Electricals: why this smallcap stock may gain from the power sector boom Details
 8Genus Power crosses 1 crore smart meters, driving India’s smart metering mission into high-scale Implementation Details
 8NTPC to organise Indian power stations O&M conference 2026 in Raipur Details
 8Over 22,000 power employees in J&K to strike work today Details
 8India's real energy bottleneck is governance, not gigawatts Details
 8Solar + BESS: the next big opportunity in India’s energy market & its best manufacturers Details
 8Nationwide strike: 30 crore workers likely to join, banking and power services may be hit Details
 You can also click on Newsclips for more Details

Rs.95 crore captive dispute returns after APTEL reset

Feb 12: 8The financial exposure tied to cross-subsidy surcharge recovery places industrial captive economics under pressure.
Click on Details for more Details

Recruitment window widened at central power regulator

Feb 12: 8The extension suggests the Commission is seeking a broader or more suitable candidate pool.
Click on Details for more Details

Coal block loss reshapes fuel cost recovery for merchant thermal generator

Feb 12: 8The ruling shifts fuel price risk away from the generator and onto the buyer, marking a decisive move in pass-through jurisprudence.
Click on Details for more Details

Rs 1,900+ crore claim ignites tariff shock debate

Feb 12: 8WBSEDCL warns recovery may distort merit order and consumer tariffs.
Click on Details for more Details

CEA redraws consortium qualification line for thermal EPC bids

Feb 12: 8This opens the door for large EPC majors from adjacent industries. Smaller technical players now shoulder the package-specific.
Click on Details for more Details

Market Round-up

Feb 12: 1) Real-time premium hardened over day-ahead on 2026-02-11
8Real-time MCP settled at Rs 3.84/kWh while day-ahead MCP was Rs 3.43/kWh on 2026-02-11.
Inference: the ~Rs 0.41/kWh basis points to balancing scarcity in-day rather than a day-ahead supply shortfall (same delivery date, same exchange).
Why it matters: discoms leaning on real-time for shape risk paid a visible premium even on a non-peak season day.

2) Hydro-peaking product drew heavy offers but cleared nothing on 2026-02-11
8Hydro-peaking window saw sell bids of 138,280.68 MWh but 0 MWh cleared on 2026-02-11.
Inference: sellers offered, but the market did not accept-suggesting either price mismatch or participants solving peak risk elsewhere (RTM/utility actions).
Why it matters: when a peak-flex product doesn’t clear despite volume on the sell side, scarcity gets pushed into costlier balancing channels.

3) Rajasthan underdrew hardest in NR while shortage stayed zero
8In Northern Region on 2026-02-11, Rajasthan UI was −4.57 MU (actual drawal below schedule) even as shortage reported 0 at the regional level.
Inference: underdraw looks behavioural/operational (schedule vs actual), not a supply shortage story-especially with frequency near 50.028 Hz at the evening peak.
Why it matters: large underdraw in a high-load state reshapes real-time balancing needs and can shift price risk onto others.

4) A morning maintenance wave hit the grid: 68 elements went out on 2026-02-11
868 transmission elements recorded outage start on 2026-02-11, with starts clustering in 09:00–10:00 hours (largest count-hours).
Inference: concentrated outage starts compress operational flexibility windows, raising the chance that normal demand/RE swings translate into higher balancing actions.
Why it matters: clustered maintenance timing is a controllable reliability lever; poor timing can quietly reprice intraday risk.

5) A 765 kV path was deliberately reconfigured mid-day and stayed out till evening
8A 765 kV line logged outage 09:24 to 18:11 on 2026-02-11 for auto-reclose configuration work.
Inference: planned protection changes on EHV corridors tighten contingency margins during active operating hours, not just at night.
Why it matters: protection work is necessary, but daytime execution increases the system’s sensitivity to forecast error and ramp events.

6) Frequency hit its day’s low in the afternoon, not at peak
8On 2026-02-11, frequency bottomed at 49.654 Hz at 16:25:40, while the day’s max was 50.237 Hz at 18:01:40.
Inference: the stress point sat in the afternoon control window-consistent with intra-day balancing friction rather than only evening peak tightness.
Why it matters: afternoon dips are operationally expensive because they collide with ramp transitions and reserve positioning.

7) One station spent 12.92% of the day in >800 kV territory
8On 2026-02-11, a 765 kV node recorded 12.92% of time above 800 kV (VDI = 12.92%).
Inference: this is a local voltage-control stress marker-likely reactive power/absorption tightness-rather than a system-wide event.
Why it matters: sustained over-voltage accelerates equipment stress and forces defensive operating margins that can spill into market risk premia.

8) Peak solar coincided with net exports and sub-50 Hz frequency at 11:15
8At 11:15 (Block T46) on 2026-02-11, solar was 72,362 MW, net transnational exchange was −2,703 MW (export), and frequency was 49.96 Hz.
Inference: surplus management leaned on exports during high solar, but frequency still sat below 50-pointing to balancing friction beyond “just having surplus.”
Why it matters: exporting the mid-day bulge without fully stabilising frequency signals a tighter flexibility stack than the headline RE number suggests.
Click on Details for more Details

Miscellaneous Update: Part I

Feb 12: 1) SECI posts steady Q3 profit; no fresh bond issuance
8The results reinforce SECI’s role as a system stabiliser in India’s renewable transition architecture.

2) Fixed charges to apply retrospectively for unreported installations in Rajsathan
8Consumers operating renewable systems without prior intimation will now be exposed to fixed charges for the entire unauthorized period.

3) AVVNL tightens disconnection protocol for high-value defaulting consumers
8Ajmer’s state distribution utility has moved to close procedural gaps after finding lapses in how high-value consumer disconnections are being handled.

4) Rajasthan discom tightens recovery rules and resets connection charge framework
8The latest order enables recovery of legacy dues from any future connection taken in the same consumer’s name, following due notice and hearing.

5) CESC’s FY25 performance review heads to public scrutiny
8Karnataka’s Mysuru-based distribution utility is set to face regulatory examination as the state regulator schedules a public hearing on its FY 2024-25 Annual Performance Review.

6) KSEB activates emergency grid protocol as unions announce 24-hour strike
8Leave restrictions, salary deductions, and removal threats for provisional recruits signal a hard administrative stance aimed at preventing staffing gaps.

7) UGVCL keeps base FPPAS flat at Rs 2.30 per unit across Q1 and Q3 recovery windows while agriculture stays carved out
8Across both recovery windows, agriculture consumers remain excluded.

8) Maharashtra transmission utility opens 32 electrician apprentice slots
8The move targets ITI-qualified candidates holding NCVT or MSBSVET certification, signalling a structured skill-pipeline reinforcement at the sub-division level.

9) Mahatransco opens 29 electrician apprentice slots in Pune division
8The one-year apprenticeship programme will draw from certified ITI candidates, with mandatory national apprenticeship portal registration.

10) MP Discom creates ready-to-deploy contractor pool for grid emergencies
8The utility has identified and ranked contractors in advance, allowing instant mobilisation when storms, faults, or disasters hit the network.
Click on Details for more Details

Regulatory Updates: Part I

Feb 12: 1) Karnataka opens tariff review that could reset power costs for key consumer segments
8Industrial and commercial consumers may be the first to feel any rate restructuring, while irrigation pump tariffs signal implications for agricultural subsidy burdens.

2) CSPDCL challenges tariff order over Rs 1,000+ crore recovery impact
8Chhattisgarh’s state discom has moved the regulator seeking reversal of multiple tariff decisions that it says are eroding its cost recovery.

3) JBVNL cost reconciliation enters regulatory spotlight
8Any uncovered cost deviations could reshape the revenue recovery trajectory.

4) Jharkhand regulator opens tariff hearings that could reshape power cost flows
8The proceedings cover past cost true-ups, current performance reviews, and forward-looking tariff frameworks stretching to 2030-31.

5) APNRL tariff reset enters public scrutiny in Jharkhand
8Stakeholders will first test cost claims for FY25 before confronting forward-looking revenue requirements.

6) Regulator flags systemic nomination failures in CGRF framework in Tamil Nadu
8The absence of timely nominations risks operational paralysis in consumer dispute handling.

7) TNERC opens contract post for veteran power engineer
8This may help the Commission respond faster to technical filings and disputes.

8) TNERC formalises DSM governance with multi-stakeholder committee
8The regulator has moved DSM oversight into a structured institutional framework. Utilities, transmission, efficiency agencies, and consumers are now formally represented. This widens the accountability net beyond distribution utilities.

9) EHT demand collapses, tariff projections unravel in the hills
8The utility says industrial high-tension sales fell dramatically below forecast, weakening the demand base that underpins cost recovery. The gap between projected and actual consumption is presented as proof of migration to open access.

10) Meghalaya open access charges return to regulator under APTEL reset
8The Meghalaya regulator is back at the drawing board after APTEL struck down its calculation of cross subsidy surcharge, additional surcharge and CTU charges.

11) Meghalaya regulator reopens open access charges after tribunal resets surcharge framework
8The order re-examines whether industrial open access users have genuinely caused stranded fixed costs for the state distribution utility.
Click on Details for more Details

Regulatory Upadate: Part II

Feb 12: 1) MNRE-backed bioenergy workforce rollout opens national empanelment race for training centres
8The programme targets technicians for compressed biogas, pellets and briquettes, alongside biomass aggregation and depot operations — the physical backbone of biofuel scale-up.
 
2) UPNEDA tightens solar high mast eligibility and extends bid deadline
8The revised clauses sharpen the focus squarely on Solar High Mast Lighting Systems, replacing earlier references to solar PV power packs.
 
3) Delhi clears six-month interstate P2P power trading pilot
8Delhi’s power regulator has opened the door to interstate peer-to-peer green energy trading under a tightly monitored six-month pilot.
8The order clears transaction fees but blocks additional wheeling and open access charges within Delhi’s territorial jurisdiction.
 
Click on Details for more Details

Power Committee Updates

Feb 12: 1) SRPC’s revised bill for Dec’25 wasn’t a grid event-until the data broke: RTDA got rewritten, and the ‘discipline’ ranking flipped
8The original RTDA “discipline” narrative collapsed after correction, turning what looked like major state-level deviation into a data integrity issue.

2) From fault to failure: How protection gaps and reporting lapses are straining the Western grid
8A single line fault in South Gujarat snowballed into voltage collapse, massive curtailment and forced generation loss - exposing deeper weaknesses in protection settings.
Click on Details for more Details

Daily forward looking import matrices

Feb 12: 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

India's largest coal gasification project: Financial closure done

Feb 12: 8By all indications, financial closure seems to have happened
8And that is a giant step in India's quest for another energy lever for downstream chemical production Details

PGCIL awards 400 kV package to CG Power for Rs 280 crore

Feb 11: 8This transformer award is less about price and more about who PGCIL trusts to carry schedule risk for 10 identical 500 MVA units.
8Three bidders qualified, but only one walked away with the entire block. Details

SECI clears FDRE-VII 1200 MW at Rs 6.27–6.28/kWh, with ACME and Serentica taking 901 MW

Feb 11: 8SECI’s FDRE-VII award looks like a dispatchable RE milestone, but the real story is how brutally narrow the clearing band is.
8The winners did not just outbid rivals—they effectively defined the new floor for storage-backed peak supply.
8What SECI quietly engineered through connectivity gating and penalty design will reshape who even gets to compete next round. Details

Power Grid secures Rs. 311 crore annual tariff win in SR–ER inter-regional strengthening project

Feb 11: 8A hydrogen-era transmission spine just found its owner. Six bidders competed, but the tariff battlefield remains partially concealed.
8What the undisclosed spreads reveal could reshape how the next 765 kV corridor is priced. Details

Annual tariff for Morena SEZ 2500 MW transmission: Award

Feb 11: 8A 765 kV pooling hub for 2.5 GW renewable injection has changed hands 
8Twelve bidders qualified, but only one price has surfaced.
8The structure reveals where execution risk truly sits — and who chose to shoulder it. Details

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

Feb 11: 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

India’s grid operator names first woman market operations director

Feb 11: 8The appointment signals continuity in grid security priorities while reinforcing a governance shift toward inclusive leadership at the apex of system operations.
Click on Details for more Details

India’s carbon market prepares to pull heavy freight into the climate net

Feb 11: 8India’s carbon market is quietly expanding its reach - from smokestacks to supply chains.
Click on Details for more Details

Power Committee Updates

Feb 11: 1) Refund shock, not dispatch, rewrote Eastern SCED economics: payouts rose, but the pool clawback exploded
8The structural tension is clear: SCED is being used more, but the settlement economics are increasingly determined by who ends up refunding rather than who gets scheduled.

2) Reactive discipline tightened on paper in the East, but the grid’s VAR bill is still being underwritten by Bihar-and cross-border links are sliding the wrong way
8Operationally, the story is not about one bad actor; it’s about reactive flows migrating to where the grid is weakest, and the bill following that weakness.

3) DSM flipped from “cross-border leakage week” to “domestic discipline squeeze” - while TRAS/SCUC turned into net collectors, not payouts
8The commercial lever this week is simple: cross-border volatility is no longer the easiest scapegoat; the new risk is repeat domestic deviation behaviour that “looks small” per block but compounds brutally across the week.

4) Protection systems under stress: Renewable corridors, aging assets and relay misoperations expose structural vulnerabilities in Western Grid
8Renewable evacuation hubs such as Khavda and NTPC PSS-2 are now demonstrating structural fragility, with multiple blackouts within days.

5) Why the proposed relay settings working group is a structural reform moment
8There is now institutional recognition that decentralised relay setting approvals are insufficient. After repeated misoperations, the regional committees are now moving toward structured oversight. This may evolve into a de-facto regional protection regulator layer. The governance shift may be as important as any technical correction.

6) MP’s VAR bill flips polarity, while Gujarat keeps paying: WRPC’s reactive economics tighten around repeat offenders and a handful of mega-earners
8The commercial lever is obvious: repeat payers are funding an escalating set of super-earners, while the operational insight is sharper-discipline failures and local voltage behaviour are shifting fast enough to flip net positions within a week.

7) WR’s DSM story flips in a week: the region stops bleeding net charges, even as inter-regional stress migrates and Gujarat’s indiscipline spikes hard
8WR’s net settlement “relief” is real on paper, but the structural tension is now clearer-one large state is deteriorating, and the region’s balance is increasingly outsourced to corridor outcomes and portfolio-level RE volatility.

8) SCUC is printing winners - but TRAS shortfall is still eating the region alive
8The deeper tension: even with lower SCUC net in Week 2, the system is still relying on a narrow set of “grid-savers,” while a second tier of stations repeatedly refund/penalise across TRAS shortfall + SCUC decrements - a pattern that doesn’t resolve by settlement, only by operational behaviour change.

9) Southern Grid’s communication backbone under stress: Regulatory deadlines tighten as data gaps, OPGW gaps and cyber covernance frictions deepen
8The push for dynamic pre-islanding load reduction signals a strategic shift: the Southern Region is preparing not just for outages - but for structural grid fragmentation under high RE volatility.

10) December turns “late-payment interest” into a generator-led shock: Meenakshi’s jump rewrites SR discipline, while renewables keep paying in fragments
8The structural tension is clear: renewables appear frequently (many small but repeated lines), while one or two conventional players can swing the month’s interest narrative outright.

11) Southern Grid’s DSM story flips: Karnataka turns payer, Telangana turns earner - while Simhadri-I and SEIL P2 tighten the penalty noose
8The pool surplus rises week-on-week - a reminder that volatility is being monetised system-wide, just not evenly distributed across the same repeat offenders.

12) The pool’s cash engine flipped in the South: TRAS penalties eased, but SCUC turned into a payout week - and a single unit’s behaviour now dominates settlement risk
8Net-net: this is a week where penalties softened, but incentive-linked and SCUC-linked payouts intensified, pushing the region toward a settlement regime where volatility is less about “system stress” and more about which plants discover the ruleset edge first.

13) From ‘nil month’ to a brutal sorting mechanism: December’s beta scores expose who actually responds when frequency calls in the north
8The repeated behavioural issue isn’t “low average”-it’s missing telemetry and zero-response signatures, the two failure modes that matter most when frequency response is being audited.

14) The compensation ledger flips from ‘beneficiary protection’ to ‘system clawback’-SCED/SCUC signals turn into a volatility engine across Northern thermal
8Net-net: this is a compensation mechanism behaving less like a fixed relief valve and more like a two-way settlement instrument-and that makes forecasting (and dispute risk) part of weekly grid strategy even when the statement is issued monthly.
Click on Details for more Details

Jan 01: Details

Company updates

Feb 11: 8Quality Power Electrical Equipment’s 63% standalone income jump hides a subsidiary-led growth story. And a A 35% standalone EBITDA margin looks durable until inventory stocking explains the cash strain. Click on Details for more.

8A new Netherlands subsidiary expands offshore scope, but ‘yet to commence operations’ blocks verification. The business will provide EPCIC services specialising in offshore infrastructure, including fixed and floating structures. Click on Details for more.

8Triveni Turbine: Order booking fell 26% in Q3, but it leans on ‘advance receipt’ policy to explain it". A 55–45 export-domestic balance is asserted, but the transcript admits export decisions are being delayed. Click on Details for more.

8A Coal India veteran takes BCCL finance The profile cites over 35 years of experience across Coal India subsidiaries with expertise in corporate finance, taxation, treasury, internal controls, SAP–FICO automation, and project financing. Click on Details for more.

8Websol Energy System Limited’s 77% revenue surge coincides with year-on-year margin compression. It showcases explosive growth, but margins and working capital move in the opposite direction. Click on Details for more.

8KPI Green Energy Limited adds 300 MW Khavda order, lifting Adani-linked exposure to 834 MW. With this addition, aggregate Khavda-related orders from Adani entities now stand at 834 MWac / 1,131 MWdc. Click on Details for more.

8KPI Green Energy Limited’s UAE data centre order signals capability, not scale That means the order is technologically relevant but extremely small in capacity terms. Click on Details for more.

8K.P. Energy wins 100 MW SECI wind LoA, lifting IPP portfolio to 150 MW. The project was awarded under tariff-based competitive bidding at ?3.67 per kWh. Click on Details for more.

8Power Mech Projects: The real split is not “standalone vs consolidated” — it is “India engine vs overseas drag” This is the dilution point: growth is visible, but geographic quality is uneven. Click on Details for more.

8GVK Power & Infrastructure Limited’s CoC meeting update The stated purpose is to “update on the resolution process” for the corporate debtor under CIRP. Click on Details for more.

8S & S Power Switchgear’s consolidated profit turns positive while standalone stays loss-making. A ‘cyber crime loss’ shifts consolidated optics. Click on Details for more.

8Orient Green Power Company: "A Rs 100 crore unutilised balance sits in fixed deposits, turning ‘use of proceeds’ into a timing story. This makes the capital deployment story one of delay and staging rather than completion. Click on Details for more.

8NLC India: Regulatory deferral swings negative Rs 120.32 crore, reversing last quarter’s ?194.14 crore boost". Profit rises, but operating margin collapses to 12.34%. Click on Details for more.

8ACME Solar Holdings wins 301 MW FDRE LOA, but tariff clarity is the real story". The tariff is pegged at Rs 6.28 per unit. Click on Details for more.

8BHEL: A Rs 254 floor price turns the OFS into a valuation anchor the market must absorb immediately. Bids below the cut-off/floor are rejected, and clearing happens through exchange bidding windows. Click on Details for more.

8Torrent Power Limited’s profit rises 34%, yet revenue stays nearly flat A Rs 22,000 crore thermal expansion sits alongside renewable transition messaging. Click on Details for more.

8Transformers and Rectifiers denies any undisclosed trigger behind trading volume spike. That means the company is formally rejecting the possibility of undisclosed price-sensitive events driving the volume. Click on Details for more.

8Genus Power Infrastructures: Margin expansion leans on operating leverage while finance costs quietly rise. It also means profitability remains sensitive to interest cost escalation. Click on Details for more.

8Adani Enterprises Limited confirms US sanctions probe has moved from media scrutiny to regulator inquiry. It also means regulatory scrutiny is now formal and documented. Click on Details for more. Details

Regulatory Updates: Part I

Feb 11: 1) TNERC tightens financial discipline with refunds, interest penalties, and compliance deadlines
8The broader signal is clear: financial discipline and procedural accountability are moving to the forefront of Tamil Nadu’s regulatory agenda.

2) Tamil Nadu regulator clears 1,500 MW RTC tender under resource adequacy push
8The state distribution utility to contract an additional 700 MW beyond earlier approvals and proceed with a consolidated 1,500 MW round-the-clock supply tender.

3) CERC slashes tariff base after uncovering unadjusted PSDF grant in STATCOM project
8The CERC reduced the opening asset value and reset the revenue trajectory for the 2019-24 period.

4) CERC trims POWERGRID Kala substation tariff after asset scope correction
8The order revisits earlier cost approvals, adjusts capitalisation claims, and lowers O&M allowances tied to transformer ratings.

5) CERC resets Northern grid strengthening tariffs, trims spares claim in cost review
8The decision underscores a broader push to align transmission cost recovery with verified expenditure rather than accounting adjustments.

6) CERC backs GST pass-through for solar projects but enforcement faces Supreme Court hold
8The order reinforces regulatory doctrine favouring full economic restitution - while simultaneously highlighting judicial uncertainty hanging over the sector.
Click on Details for more Details

Contracting news for the day: Part-1

Feb 11: SynCon becomes a tariff asset as PFCCL hard-codes grid stability into the Fatehgarh-II ISTS tender
8PFCCL is quietly turning synchronous condensers into a 35-year tariff product, not a one-time grid support purchase.
8The tender’s technical numbers look simple, but they are designed to force machine-grade accountability inside a transmission bidding template.

Hebbani 2x500 MVA BOOT package forces simultaneous COD and compresses tariffs under reverse auction
8PFCCL’s Hebbani 400/220 kV package looks like a routine Karnataka grid reinforcement, but the RFP quietly removes the bidder’s biggest safety valve: staged commissioning.
8The substation, LILO and 220 kV D/c line are welded into a single COD trigger, while reverse auction still squeezes the tariff.

A cod-cliff transmission tender hides a brutal “all-or-nothing” revenue gate
8This humnabad package looks like a routine 400/220 kv node, but its commercial structure is engineered to punish partial completion.
8The tender quietly converts multiple line and bay interfaces into a single cod choke point, turning schedule slippage into immediate revenue paralysis.
8The most consequential risks are not in equipment specs, but in how the promoter has wired commissioning dependency into cashflow.

The scope is a tunnel-and-dam integration play, not a simple civil BOQ
8Diversion tunnels, access systems, coffer works, roads, and dam + HM interfaces sit inside one lot.
8That bundling punishes silo contractors who price only their strongest workfront.

UJVN’s Pathri 16 MW/40 MWh BESS tender quietly shifts reliability and subsidy-risk onto the developer
8UJVN’s Pathri BESS tender looks like a straightforward 16 MW/40 MWh procurement, but the contract structure is doing something sharper. Details

Contracting news for the day: Part-2

Feb 11: Second extension reshuffles bid clock for 400/220 kV GIS Ambernath transmission project
8A 7-day extension may look procedural, but in a 4 x 500 MVA GIS build it rarely is.
8With 100% revenue locked behind simultaneous COD, pricing precision becomes existential.
8REC has not softened the framework — only the clock.

Second deadline extension shifts Apta 765/400/220 kV TBCB auction into March
8This tender sits at the intersection of 765 kV corridors, multi-ICT capacity and a politically sensitive load narrative.
8The market needed more runway to price 765 kV execution and interface risk.

Bid clock resets for REC PDCL’s 765/400/220 kV AIS Balsane project
8REC PDCL has pushed the Balsane transmission bid by two weeks, but left every structural risk intact.
8The clock moved — the liabilities did not.

Fourth extension pushes Ranipur–Chunar TBCB into late-February, resetting RA and SPV transfer clock
8The project’s technical scope is straightforward, but the bid process behaviour is telling a different story about market appetite and readiness.
8The real signal is hidden in what the amendment does not say.

WESDCL tenders 100 MW solar pv with 25 MW/100 MWh BESS under 12-year lifecycle EPC-O&M framework
8A 100 MW solar plant would be routine — until WESDCL locks in four-hour storage and 12 years of operational liability under one contract.
8The bidders who misprice lifecycle physics will learn that solar is now the easy part. Details

Miscellaneous Update: Part I

Feb 11: 1) January’s transmission build-out turns EHV-heavy, lifting FY26 commissioned line length to 7,392 cKM
8Many of the newly commissioned lines are tied to renewable energy evacuation schemes, reinforcing the policy push behind the acceleration.

2) January’s transmission commissioning surge shifts the grid buildout from state reinforcements to ISTS backbone corridors
8The overall pattern suggests that national corridor construction cycles are now the primary driver of commissioning outcomes.

3) ISTS-led transformer capacity build pushes national base past 1.416 million MVA by January-end
8The dataset itself does not disclose project-level reasons, but the pattern signals that grid-strengthening additions are being booked disproportionately on the interstate backbone rather than within states in this month’s mix.

4) January commissioning push lifts FY26 transformation capacity additions, but the target gap remains wide
8The data signals improving execution momentum but also highlights mounting year-end delivery pressure.

5) ISTS transformation buildout takes over January’s commissioning slate as private-sector RE pooling additions cool after a December spike
8This mix shift indicates that monthly commissioning momentum is being driven more by large ISTS transformation projects than by steady state or private pooling additions.

6) January pushes 765 kV capacity past 40,000 MVA as RE evacuation assets dominate FY26 grid buildout
8The month’s story is not incremental network spread, but concentrated transformation capacity that directly improves evacuation readiness from high-injection renewable zones.

7) India’s net-zero pathway turns buildings and farms into the next grid stress test
8Buildings move toward electricity dominance, reaching a projected 70% share by 2050, while digital infrastructure emerges as a parallel power sector in its own right.

8) Unplanned outages surge in January in Delhi even as reported unserved energy eases
8The overall implication is a more volatile operational environment in January despite stable aggregate energy impact.

9) Telangana discom defends revenue gap, capex and tariff posture before regulator
8The company argues that projected revenue gaps are a matter for state subsidy and Commission determination rather than tariff action.

10) Coal price pass-through and performance metrics emerge as YTPS filing fault-lines
8The sharpest pressure point is energy charge rate credibility: objectors explicitly cite SCCL’s coal price reduction and argue it should flow through to YTPS’s ECR, contrasting a filed value with a lower implied number post-reduction.

11) Divisional customer care hub proposed for Greater Noida West with Rs 19.80 crore CAPEX
8What is not stated here is the approval pathway, timelines, or procurement packaging beyond a high-level tender/cost note-leaving the regulatory and execution critical path outside the visible portion.

12) UPERC opens FY27 tariff cycle with formal admission of discom revenue cases
8The order activates the regulatory process covering True-Up for FY 2024-25, performance review for FY 2025-26, and forward revenue planning.

13) KESCo files UPERC data-gap replies, defends anomalies and submits cost reconciliations
8The filing positions itself as a corrective record-answering flagged discrepancies on sales movements, loss reporting, surcharges, and power purchase accounting-while routing multiple items into annexures for scrutiny.

14) KESCo pegs smart-meter payments at Rs 73.96 Cr, reports billing and collection uptick
8The filing positions smart meters not just as a capex programme but as a revenue-impact lever, citing a 5.61% rise in billed units and an uplift in collection metrics for Nov–Dec 2025 in its internal study.

15) SSTPS Suratgarh’s falling generation eases emissions intensity but keeps water stress above regulatory limits
8Gross generation fell by over 14%, reflecting state load dispatch centre–driven backing down of units.

16) Karnataka discoms seek urgent tariff rollback for farm power amid subsidy gap
8Discoms warn that a rapid reduction of cross-subsidies for agricultural consumers has destabilised the revenue balance between paying industrial users and subsidised farm loads.

17) HVPNL activates emergency officer reshuffle ahead of nationwide strike
8The move replaces previously deputed officers across key transmission circles just 48 hours before the planned industrial action.

18) MSETCL releases apprentice merit list, activates category-wise wait pool
8The selection spans multiple reservation categories and is strictly tied to academic scores and statutory norms.

19) MAHATRANSCO opens apprenticeship intake for transmission division in Mumbai
8The move brings 25 technical training seats into the state transmission workforce pipeline, with electrician and wireman trades among the notified categories.

20) High court order forces PSPCL to revoke blacklisting, while keeping fresh show-cause route open. The company in question is H.S. Electrical Contractors

Click on Details for more

Details

Miscellaneous Update: Part II

Feb 11: 8SW JFE Electrical Steel Nashik: Debt-funded acquisition leaves gearing near 1.9x even before the Rs 4,300 crore expansion begins",Capacity expansion to 250,000 MTPA is framed as strategic, but execution risk sits squarely on a leveraged base. Click on Details for more.

8Bangladesh’s draft EPSMP 2026 repeats the LNG-heavy playbook while projecting 47% renewables by 2050".
1 "The document projects renewables at about 47% of 89.1GW installed capacity by 2050, yet still deepens LNG dependence by design. Click on Details for more.

8EU’s green bond “gold standard” logs Euro 22 billion in a year, yet still finances only a sliver of taxonomy-aligned capex. ,European Commission’s absence as a EuGB issuer leaves a credibility gap in the market it is trying to standardise. Click on Details for more.

8Mahagenco seeks bulk agencies to lift and transport fly ash from two plants. EOI hardwires scale filters and excludes JV bids, narrowing the field to large logistics-heavy operators. Click on Details for more.

8Tamil Nadu DISCOM launches 600MW April reverse auction with Rs.10,000/MWh ceiling on HPX platform 1 The ceiling price is explicitly capped at Rs.10,000 per MWh. Click on Details for more.

8CESC’s April reverse auction is published without a ceiling price, forcing sellers into blind bidding economics. Click on Details for more.

8CESC launches another April reverse auction without a ceiling price, extending the blind bidding pattern. Click on Details for more.

8CESC opens late-March reverse auction without a ceiling price, extending opaque procurement practices.
1Parallel auctions on IEX and PXIL fragment CESC demand instead of consolidating price discovery. Click on Details for more.

8SEPC Limited’s smart metering order locks in long tenure risk under a DBFOOT structure.
1The company disclosed a Rs 313.96 crore Letter of Intent from TCIL for a smart prepaid metering project in Punjab under RDSS. Click on Details for more.

8TANGEDCO’s 200 MW April buy concentrates entirely in off-peak 00:00–08:00 hours. Click on Details for more.

8TANGEDCO’s 400 MW evening procurement turns April peak hours into a single auction bet. Click on Details for more.

8China’s 1.6 TW operating capacity dwarfs peers, reshaping the global clean energy centre of gravity" .
1That means China alone anchors both current capacity and future pipeline momentum. Click on Details for more.

8HPL Electric & Power: BLeans heavily on smart metering visibility while downplaying balance sheet expansion",It frames this as multi-year revenue visibility under RDSS-driven rollout. Click on Details for more.

8CESC’s 75 MW buy order is boxed into a 6-hour evening window for 16 days. Click on Details for more

8CESC’s 100 MW tender doubles the time-slices, stretching from midnight to peak hours daily. Click on Details for more.

8TANGEDCO’s 400 MW evening buy order turns April into a month-long peak procurement cycle. Click on Details for more.

8Punjab State Transmission Corporation: Revenue rose 16% but profit rose 315%, a mismatch the statement doesn’t reconcile". That means costs, finance charges, or below-line items moved far more than revenue, and that movement is the real story. Click on Details for more.

8Tripura: Filing escalates the strike into a disciplinary threat by warning violations will be viewed seriously. The document’s most consequential line is not about services but about punishment. Click on Details for more. Details

Market Round-up

Feb 11: 1) Real-time price hit the cap while frequency touched 49.882 Hz
8IEX RTM MCP spiked to Rs 10.00/kWh at 07:00–08:00 (Block 29–32) on 2026-02-10, while grid frequency fell to 49.882 Hz at 07:30 (Block 31).
Inference: a supply shortfall of even ~1–2 GW in a tight morning ramp window can push both RTM clearing and frequency to stress levels simultaneously.
Why it matters: cap-price events combined with sub-49.90 Hz frequency indicate real-time scarcity and higher deviation settlement risk.

2) RTM traded Rs 2.94/kWh above DAM in the same morning hour
8DAM cleared at Rs 7.06/kWh, but RTM cleared at Rs 10.00/kWh for 07:00–08:00, creating a Rs 2.94/kWh premium.
Inference: last-minute balancing demand exceeded DAM schedules, forcing buyers into high-priced RTM blocks.
Why it matters: a Rs 2.94 spread over even 1,000 MW for one hour equals ~Rs 2.94 crore incremental procurement cost.

3) One exchange cleared exactly 0.00 MWh in RTM for all 24 hours
8PXIL RTM showed MCV = 0.00 MWh for all 24 delivery hours on 2026-02-10.
Inference: bids were present but did not match competitively; liquidity consolidated on another platform.
Why it matters: zero liquidity removes competitive price discovery and concentrates real-time market power elsewhere.

4) HPDAM saw 135,821 MWh of sell bids - but cleared 0.00 MWh
8IEX HPDAM recorded 135,821.40 MWh sell bids but Final Scheduled = 0.00 MWh across all 24 hours.
Inference: buyers did not accept peak-hour hydro premiums, relying instead on DAM/RTM or internal balancing.
Why it matters: when a peak-flex product fails to clear even with >135 GWh offered, hydro flexibility is not being monetised through markets.

5) Balancing leaned heavily downward: 30,128 MWh TRAS down vs 2,445 MWh up
8TRAS Down = 30,128 MWh, TRAS Up = 2,445 MWh; SRAS Up = 6,272 MWh, SRAS Down = 6,471 MWh on 2026-02-10.
Inference: system required sustained absorption, indicating oversupply pockets despite the RTM morning spike.
Why it matters: large downward regulation volumes imply uplift costs and schedule inefficiencies.

6) Tamil Nadu under-drew by 4.02 MU despite zero reported shortage
8UI (Deviation) = –4.02 MU for Tamil Nadu on 2026-02-10, while reported shortage = 0 MU.
Inference: surplus internal generation or conservative drawal reduced dependence on central allocation.
Why it matters: 4.02 MU equals ~168 MW average deviation over the day, shifting balancing burden to the grid.

7) A 3,960 MW coal plant sat at just 13% of normative stock
8SASAN UMPP held 105.2 thousand tonnes vs normative 796.5 thousand tonnes - only 13% of required stock.
Inference: supply replenishment lagged consumption; plant flagged as critical in CEA report.
Why it matters: at 3,960 MW capacity, prolonged low stock raises forced outage risk and dependence on imports.

8) Frequency stayed outside 49.9–50.05 Hz for 4 hours 18 minutes
8Total time outside the “tight” band was 4:18:10 on 2026-02-10, even though evening peak shortage = 0 MW.
Inference: continuous balancing corrections were needed despite adequate supply margins.
Why it matters: prolonged time in frequency tails increases DSM exposure and signals stressed balancing resources.
Click on Details for more Details

Daily forward looking import matrices

Feb 11: 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 11:  For reference purposes the website carries here the following tenders:
 8Tender for work of removal and supply and reapplication of spray thermal insulation during Details
 8Tender for ETC works of 400 kV AIS substation Details
 8Tender for ETC works of 400 kV AIS substation includes Details
 8Tender for protection of right side river bank opposite Details
 8Tender for regarding repair and renovation work of electrical wiring/system Details
 8Tender for repair and maintenance of GSU transformer Details
 8Design, engineering, manufacture, supply, erection, testing and commissioning of DTPC with associated materials Details
 8Tender for procurement of 750 Nos 70 W LED street light Details
 8Tender for supply & application of anti-corrosive & energy efficient coating in CW pump Details
 8Tender for dismantle & erection of apron pans 146 no tail shaft assly sprocket sector of head shaft two no chain links Details
 8Tender for appointment of advanced metering infrastructure (AMI) service provider Details
 8Tender for appointment of advanced metering infrastructure Details
 8Tender for supply of primary scrappers and secondary scrappers Details
 8Tender for supply of CPU resin Details
 8Tender for annual routine maintenance contract of power house Details
 8Tender for increasing capacity of different DTRs Details
 8Tender for maintenance/operation work of HT/LT lines, attending breakdowns and complaints Details
 8Tender for operation of works through contractor/external agency Details
 8Tender for operation work of 33/11 kV substations Details
 8Tender for operation of works through contractor/external agency Details
 8Tender for replacement of ACSR conductor by covered conductor Details
 8Tender for renovation of compound wall and barbed wire fencing at 110kV substation Details
 8Tender for constructing new feeder Details
 8Tender for supply of FR grade conveyor belt Details
 8Tender for erection, testing and commissioning of new 11kV LT/HT lines Details
 8Tender for laying of tower foundations, erection of towers, stringing and sagging of conductor Details
 8Tender for rate contract for the work of overhaul, lifting & shifting of various sizes of LT motors Details
 8Tender for work of overhauling & servicing of dampers for boiler Details
 8Tender for rectification replacement of defective tubes in water wall area S panel Details
 8Tender for procurement of LT three phase angle cross arm Details
 8Tender for procurement, installation, configuration and commissioning of remote terminal unit (RTU) and media converters Details
 8Tender for work of routine, preventive, online and shutdown maintenance of various turbine auxiliaries Details
 8Tender for supply of 245kV potential transformer Details
 8Tender for supply of various valves and their spare at DM plant Details
 8Tender for construction of 220kV substation Details
 8Tender for extension of control room at 66 kV sub-station Details
 8Tender for extension of switch house at 66 kV sub-station Details
 8Tender for annual rate contract for supply of DM (demineralized) water for hot line washing Details
 8Tender for upgradation of STPS new intake pipeline Details
 8Tender for procurement of complete enclosure for feed gate for overhauling Details
 8Tender for annual repair maintenance and tit bit civil sanitary works Details
 8Tender for biennial rate contract for coal cleaning and housekeeping Details
 8Tender for procurement of 11kV 1Cx300mm2,11kV 3Cx35mm2 and 1.1kV 4Cx95mm2 xlpe power cables Details
 8Tender for procurement of batteries for walkie-talkie sets Details
 8Tender for purchase of different lights Details
 8Tender for procurement of 220 Nos 250 W LED flood light Details
 8Tender for replacement of rabbit/weasel ACS covered conductor Details
 8Tender for replacement of rabbit/weasel ACS covered conductor 11 kV feeder Details
 8Design, manufacture, shop testing, supply, erection commissioning and site testing of BOX type double grider EOT crane Details
 8Tender for implementation of fugitive dust suppression system Details
 8Tender for replacement of defective boiler tubes in 9th header and economizer coils Details
 8Tender for replacement of defective tubes in LTSH coils economizer hanger tubes Details
 8Tender for execution of contract for supply works and other works Details
 8Tender for construction of extension in 11 kV control room at 220 kV S/S Details
 8Tender for routine testing work Details
 8Tender for work for shifting of electrical utility Details
 8Tender for adding of 132 /33 KV 40 MVA transformer Details
 8Tender for diversion height raising of 132 kV SC line Details
 8Tender for diversion height raising of 220 kV line Details
 8Tender for carriage, foundation and erection of monopole of 220 kV line Details
 8Tender for erection testing & commissioning of 315 MVA 400/220 kV T/F Details
 8Tender for construction of 132kV transmission line on panther conductor Details
 8Tender for construction of SAS based 2x63MVA, 132kV substation Details
 8Tender for replacement of existing conductor 0.4 SQ inch ACSR conductor with equivalent HTLS conductor Details
 8Tender for replacement of existing conductor 0.2 SQ inch ACSR conductor Details
 8Tender for creation of 66 kV substation Details
 8Tender for repair and maintenance of switchyard Details
 8Tender for work contract for In-situ repairing of HP valve installed in turbine and boiler Details
 8Tender for supply and delivery of 10kV IR tester Details
 8Tender for supply, installation, testing, commissioning of total cumulative 11kWp off grid solar PV power pack Details
 8Tender for work of line name, numbering, change nomenclature, colorcoding of various 220kV, 132kV & 66kV lines Details
 8Tender for supply, installing, testing and commissioning of 5 No. 12.5 Mtr. long high mast lighting system Details
 8Tender for providing and fixing of GI pipe line Details
 8Tender for procurement of fluid couplings for rotary breakers Details
 8Tender for procurement of various size of gaskets and stem packing rings for feed water circuits Details
 8Tender for upgradation of 66kV substation Details
 8Tender for supply, delivery of lineman ALM tool kits Details
 8Tender for supply/delivery and installation of ACs in kiosk and control room of 400 kV sub-station Details
 8Tender for turnkey packages for construction of 220 kV transmission lines on monopoles package Details
 8Tender for work of construction of extension in control room at 220 kV S/S Details
 8Tender for replacement of boiler pressure parts tubes Details
 8Tender for replacement of plugged economizer coil assemblies Details
 8Tender for procurement, installation, configuration and commissioning of remote terminal unit and media converters Details
 8Tender for replacement of boiler pressure parts tubes bends Details
 8Tender for UG cable work for the erection of 33 kV incoming feeder lines for the new 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 (new) temporary sub-station Details
 8Tender for electrical and civil renovation work Details
 8Tender for thorough PCC and gravel replacement along with construction of drain and cable trench at switchyard Details
 8Tender for development of 11 kV outgoing area including construction of cable trench Details
 8Tender for shifting work of 33kV double circuit OH and UG feeder Details
 8Tender for supply and delivery of LT distribution kiosk for 25 KVA transformer Details
 8Tender for supply of insulated screw driver 5x200 mm, 6x250 mm and 8x300 mm and insulated plier Details
 8Tender for supply of high voltage insulating rubber sheet Details
 8Tender for supply of LT XLPE insulator Details
 8Tender for repair of sanitary system and other repair of various rooms Details
 8Tender for supply of ISI marked four core LT PVC insulated Details
 8Tender for construction of protection wall for safety of tower Details
 8Tender for work of shifting & transportation of un-pulverized waste minerals accumulated near coal mill Details
 8Tender for supply, retrofitting, testing and commissioning of distance protection relay Details
 8Tender for miscellaneous civil works Details
 8Tender for construction of protection wall for safety of tower Details
 8Tender for execution of sub station operator (SSO) works for different 33/11 kV S/s Details
 8Tender for maintenance of HT/LT line Details
 8Tender for enhancement of transformation of capacity of substation by replacement/addition of ICTs Details
 8Tender for work of SITC of new GPS time synchronizer satellite receiver along with GPS antenna for relay Details
 8Tender for work of providing & fixing of dedicated metering CT’s & PT’s of required Details
 8Tender for work of 400/220kV circuit breaker foundation Details
 8Tender for annual maintenance contract for maintenance work of yard Details
 8Tender for work of overhauling of turbine generator including attending oil seal leakage Details
 8Tender for construction of 400/220kV ICT-4 bay, of 400kV line Details
 You can also click on Tenders for more
 For reference purposes the website carries here the following newsclips:
  8Bengal coal smuggling case: Two remanded to ED custody Details
  8State-run Parli Thermal power station ordered to stop operation of 2 units over pollution Details
  8Bhel OFS opens for non-retail investors; govt to sell up to 5% stake Details
  8NGT takes suo moto cognizance of Meghalaya coal mine blast, issues notice to state govt, Centre Details
  8Jupiter Int. doubles solar cell production Details
  8Haryana CM directs time-bound implementation of PM-KUSUM and rooftop solar schemes Details
  8Premier energies forms JV with BA Prerna to expand EPC footprint in India’s renewable energy sector Details
  8KPI Green Energy wins Adani Group orders for 300 MW Khavda renewable project, total capacity rises to 834 MWac Details
  8Dead EV battery doesn't mark end of its utility, UN official tells PTI Details
  8Torrent Power Q3 Profit Rises 34% to Rs 655 Crore Details
  8India's solar sector urged to focus on backward integration amid oversupply Details
  8India’s solar sector at a tipping point: Experts call for full value chain, localisation, and sustainable growth Details
  8India's Solar push: GIPCL vs. orient green power Details
  8Solar stocks: why elara prefers vikram solar, emmvee over waaree & premier energies Details
  8JMK Research tracks strong renewable installations across India Details
  8India’s 10 Largest Solar Parks in 2026: Capacity & Impact on Renewable Energy Details
  8Premier energies forms strategic joint venture with BA prerna renewables to strengthen EPC capabilities Details
  8ACME Solar rallies after LoA for 220 MW solar-BESS project Details
  8Power sector reforms central to tackling India's climate finance problem Details
  8Forget mega-caps: 2 under-the-radar power stocks pivoting for India’s next renewable super-cycle Details
  8India’s power mix to shift from coal to renewables by 2070; Nuclear seen as key baseload: NITI Aayog Details
  8India's power distribution sector turns in a profit at last, but significant challenges remain Details
  8India will use more coal over the next 25 years, report says Details
  8Carbon capture can power India’s next steel revolution Details
 You can also click on Newsclips 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
  • Feb 12: IREDA’s legal SME award throws up a 10x–12x bid spread that could destabilise future panel pricing:Details
  • Feb 12: Rs. 192 crore rail–sea–rail coal transport award locks KPCL deeper into multimodal fuel security:Details
  • Feb 12: Contracting news for the day: Part-1:Details
  • Feb 12: Contracting news for the day: Part-2:Details
  • Feb 12: Miscellaneous Update: Part II:Details
  • Feb 12: Company Updates:Details