All content in this website is sourced legitimately
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. This GIS scope collapses substation and line energisation into one 18-month taking-over clock. Kerala state electricity awards Rs. 674 crore turnkey distribution package. Solar locks 1200 MW of firm solar-storage capacity under ISTS-XXI. Thermal, hydro, pumped storage, solar, wind, BESS and T&D contract related activities of the day. Storage classification triggers legal alarm. Utility challenges CERC’s depreciation timeline for battery storage. Battery ageing enters tariff battlefield. CEA stays neutral on tariff draft but flags hydro definition gap. Kerala: Utility braces for retirement surge exceeding 1,000 employees. Telangana: Market purchases double approved benchmark cost. CERC vs. Powergrid-I: There are many fault lines. Company Updates. Contracting news for the day: Part-1. Contracting news for the day: Part-2. Regulatory Updates: Part I. Regulatory Upadate: Part II. UPERC Regulatory Upadate. CERC vs. Powergrid-II: High stakes game. Market Round-up.
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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.
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
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
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
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
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
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
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
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
Click on Details for more Details
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
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
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
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
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
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
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
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
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
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
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
8Design, manufacture, testing, supply and delivery of complete set of aluminium based re usable emergency restoration system Details
8Tender for supply of coupler assembly for side arm charger Details
8Tender for construction of R.C.C. vaults at NSDF for storage of end fittings, garter springs and pressure tubes Details
8Tender for supply and installation of cold insulation Details
8Tender for transportation and liaisoning for movement of coal Details
8Tender for work of supply & installation of etal reflecting indication board Details
8Tender for laying of 33kV, 1x630 sq.mm XLPE UG cable Details
8Tender for replacement and repairing of existing wornout damaged Details
8Tender for laying of 33kV,1x630 sq.mm XLPE UG cable from Manali 33/11 kV SS double pole structure Details
8Tender for laying of 33kV,1x630 sq.mm XLPE UG cable from Gummidipoondi Sipcot Details
8Tender for laying of 33kV,1x630 sq.mm XLPE UG cable from the existing Details
8Tender for laying of 33kV,1x630 sq.mm XLPE UG cable Details
8Tender for comprehensive AMC for plant Details
8Tender for supply of various 415V IE3 LT motors Details
8Tender for work of various miscellaneous maintenance work for 2 X 250 MW boiler Details
8Tender for stringing ABC 25 sq.mm. for street main at various Details
8Tender for carrying out dyuthi 2.0 HT works Details
8Tender for development of distribution infrastructure Details
8Tender for construction of new 11kV covered conductor line Details
8Tender for procurement of 22000 liters transformer oil required during capital overhauling of 40 MVA/11/132 KVA generator transformer Details
8Tender for work proposal for round clock operation of fire tenders, mobile cranes Details
8Tender for misc. plumbing related civil maintenance work Details
8Tender for providing & fixing water tanks Details
8Tender for supply of feeder belt for 36" gravimetric feeder Details
8Tender for providing and fixing SS railing Details
8Tender for repair and maintenance of surge shaft Details
8Tender for construction of lab resting shed Details
8Tender for construction of room and repair of CGI sheet Details
8Tender for channelization work in downstream Details
8Tender for channelization work in reservoir Details
8Tender for construction of RCC bunker Details
8Tender for civil and hydro- mechanical (HM) works, including associated ancillary and enabling works Details
8Tender for laying of pipeline with thermal lagging Details
8Tender for dog to panther conversion of 66kV line by replacement of conductor Details
8Tender for biennial civil & sanitary maintenance work Details
8Tender for procurement, installation and commissioning of piezometers Details
8Tender for procurement of grinding element Details
8Tender for procurement of steel materials Details
8Tender for procurement of 350 MT liquid chlorine with related services Details
8Tender for procurement of radiator for WDS 6R locomotive Details
8Tender for annual maintenance contract (AMC) for electrical installation i.e fans, tube lights, switches Details
8Tender for dog to panther conversion of 66kV line by replacement of conductor, insulators Details
8Tender for work of erection of 66kV S/C link line on D/C panther tower Details
8Tender for supply, erection, testing & commissioning of 220 kV U/G cable laying at 220kV LILO both circuit of 220 kV line Details
8Tender for annual maintenance of work 33/11 kV sub-station Details
8Tender for shifting of cooling tower lightning arrester Details
8Tender for tower protection work Details
8Tender for procurement of parts of conductor hardware fittings and accessories Details
8Tender for job contract for application of ceramic fibre sealing Details
8Tender for supply and erection of new fills removal and disposal of old fills forstage 2 cooling tower Details
8Tender for supply of 11 kV metering unit of different rating Details
8Tender for supply of CI bends Details
8Tender for operation & maintenance of 33 kV /11 kV substation Details
8Tender for maintenance of 33 kV /11 kV LT lines and substation Details
8Tender for maintenance of 33 kV /11 kV LT lines and substation and attending the consumers complaint at 33/11 kV sub-station Details
8Tender for civil renovation works for the civil structures Details
8Tender for supply, installation, testing and commissioning of centralized air-conditioning system Details
8Tender for small hydro electric project civil renovation works for the civil structures Details
8Tender for civil renovation works for the civil structures Details
8Tender for supply of 11kV, 1250A, 40KA VD4 type vacuum circuit breaker Details
8Tender for work of complete upgradation of existing ABB micro SCADA at 400kV switching substation Details
8Tender for work of painting of MS towers of EHV lines Details
8Tender for annual maintenance contract (AMC) for repairing/ servicing/overhauling of air conditioner installed Details
8Tender for various civil annual maintenance works for 132kV substation Details
8Tender for Bi- annual rate contract for restoration of various 132kV/220kV class transmission line Details
8Tender for Bi- annual rate contract for restoration of various 400kV class transmission line Details
8Tender for Bi- annual rate contract for restoration of various 66kV class transmission line Details
8Tender for repair, maintenance, and installation of plant/ systems/equipments Details
8Tender for work of construction of control room and other civil work at 33 /11 kV sub station Details
8Tender for work of construction of control room and other civil work Details
8Tender for work of construction of control room and other civil work at 33 /11 kV sub station Details
8Tender for transportation of H-beam and RS joist various size Details
8Tender for empanelment of contractors to award a contract for survey, installation, testing and commissioning of 11kV line, 11/0.433kV distribution transformer Details
8Tender for supply of gavanised plain and galvanised corrugated sheets for various Details
8Tender for supply and installation of software web portal and integrated mobile applications for an online monitoring system Details
8Tender for repair, maintenance and minor civil works Details
8Tender for shifting and diversion of 11 kV feeder with UG cable Details
8Tender for repair, maintenance and minor civil works Details
8Tender for supply installation commissioning and transportation of HS ST jointing kit for 1.1 kV 4core 300 and 185 sqmm cable Details
8Tender for repair, maintenance and minor civil works Details
8Tender for turnkey contract including design, supply and installation for bifurcation of 22 numbers of 11 kV feeders Details
8Tender for augmentation of 56 nos different 11 kV feeders by replacing the existing ACSR conductor Details
8Tender for operation and maintenance of 11 kV, LT lines and sub-stations Details
8Tender for construction of counterfort retaining wall Details
8Tender for dismantling of existing defunct DSL bus bars and supply, installation and commissioning of 1000A copper shrouded DSL bus bars for 150/30T EOT cranes Details
8Tender for annual maintenance of control and relay panels Details
8Tender for annual maintenance of battery bank, DC distribution system, station auxiliaries system, control & relay panels Details
8Tender for supply, installation & commisioning of one no 500KVA, 11/0.4kV copper wound transformaer with complete fittings and accessories Details
8Tender for annual maintenance of generator transformers, unit auxiliary transformers Details
8Tender for supply of different size of power cables and cable jointing kits Details
8Tender for supply of various CPVC pipes & fittings for chlorination plant Details
8Tender for work of providing second PT source for 132kV and 33kV voltage level Details
8Tender for augmentation of substation by providing additional T/Fs & replacement of T/Fs at of EHV substation Details
You can also click on Tenders for more
For reference purposes the website carries here the following newsclips:
8Bihar moves ahead with 190 MW battery-backed wind-solar hybrid power procurement Details
8Emerging economies drive global wind and solar growth Details
8India turns to US for coking coal as Australia's dominance wanes Details
8After coal and sand, illegal soil mining comes to light in West Burdwan Details
8Punjab electricity board engineers flag PSPCL’s ‘unrealistic’ power loss target Details
8Tata Technologies' WATTSync supports India's Battery Aadhaar digital identity Details
8NITI Aayog report urges bold energy reforms to achieve $30 trillion GDP by 2047 & Net Zero by 2070 Details
8Global Wind and solar project pipeline hits record 4.9 TW in 2025, driven by emerging economies: GEM Details
8NTPC Green energy commissions 14.43 MW solar capacity at Khavda-I project in Gujarat Details
8Meet the ‘next Waaree’: 2 hidden solar small-caps for your watchlist Details
8INOXAP commissions a PESO-licensed large package warehouse for specialty gases, at Tirunelveli Details
8PM Surya Ghar scheme: 5-day solar awareness camps in city begin today Details
8Rs 200 trillion investment: Tata Power and 7 stocks that will benefit from the national electricity policy Details
8Adani electricity marks road safety month with safety Oath Details
8India’s solar capacity crosses 140 GW, drives renewable energy growth into 2026 Details
8Ceigall India secures Rs 1,700 Crore solar and BESS project at Morena solar park Details
8SEIL Energy bags top honours at national power gen water management awards Details
8IES taskforce releases version 0.3 strategy & architecture documents Details
8India plans 97 GW new coal, lignite-based power capacity to meet rising demand Details
8Euler Motors ties up with Jio-bp to expand EV charging infra Details
8REC Limited wins ICC green urja, energy efficiency gold award Details
8India domestic coal growth cuts import Reliance Details
You can also click on Newsclips for more Details
Rs. 254 crore award resets the pricing floor for GeM-based mining services
Feb 09:
8A Rs. 254 crore award has landed far below the rest of the competitive band, creating a 28–32% pricing gap in a risk-heavy mining services package.
Details
OCM outsourcing tender: Quietly shifts production risk
Feb 09:
8This OCM tender looks like a routine handling-and-transport package, but it is actually a bundled production outsourcing contract.
Details
This GIS scope collapses substation and line energisation into one 18-month taking-over clock
Feb 09:
8The schedule is written as if GIS, civil works, and transmission lines share the same critical path. In reality, they don’t — and that mismatch is where claims are born.
8And the utility has made the contractor own the integration risk without explicitly saying so. Details
8And the utility has made the contractor own the integration risk without explicitly saying so. Details
Kerala state electricity awards Rs. 674 crore turnkey distribution package
Feb 09:
8KSEB has awarded the turnkey distribution infrastructure package at an aggregate value of Rs 674 crore.
8The tender attracted only two bidders through the technical stage, narrowing competitive price discovery in a high-value turnkey format.
8The BOQ-wise outcome indicates a controlled pricing contest rather than an aggressive undercut. Details
8The tender attracted only two bidders through the technical stage, narrowing competitive price discovery in a high-value turnkey format.
8The BOQ-wise outcome indicates a controlled pricing contest rather than an aggressive undercut. Details
Solar locks 1200 MW of firm solar-storage capacity under ISTS-XXI
Feb 09:
8Solar award compresses solar-plus-storage pricing into a band once reserved for plain solar.
8Only one-fifth of offered capacity survives the tariff guillotine.
8The real test now shifts from bidding rooms to construction sites and balance sheets. Details
8Only one-fifth of offered capacity survives the tariff guillotine.
8The real test now shifts from bidding rooms to construction sites and balance sheets. Details
Thermal, hydro, pumped storage, solar, wind, BESS and T&D contract related activities of the day
Storage classification triggers legal alarm
Feb 09:
8This utility argues that energy storage has no statutory identity under the Electricity Act and folding it into existing asset categories is described as legally unsound.
Click on Details for more Details
Click on Details for more Details
Utility challenges CERC’s depreciation timeline for battery storage
Feb 09:
8Shorter financial recovery periods could deter private investment.
Click on Details for more Details
Click on Details for more Details
Battery ageing enters tariff battlefield
Feb 09:
8Generators argue that ignoring degradation distorts both performance metrics and financial recovery.
Click on Details for more Details
Click on Details for more Details
CEA stays neutral on tariff draft but flags hydro definition gap
Feb 09:
8The authority’s silence on broader provisions contrasts with its precise technical insertion.
Click on Details for more Details
Click on Details for more Details
Kerala: Utility braces for retirement surge exceeding 1,000 employees
Feb 09:
8The scale signals demographic turnover inside the organisation.
Click on Details for more Details
Click on Details for more Details
Telangana: Market purchases double approved benchmark cost
Feb 09:
8The regulatory question now is whether price volatility qualifies as uncontrollable. The decision will shape future market reliance norms.
Click on Details for more Details
Click on Details for more Details
CERC vs. Powergrid-I: There are many fault lines
Feb 09:
1) Regulator reopens capitalisation claims from previous tariff block for solar transmission case
8Past approvals are not being treated as automatic precedents.
2) Regulator demands proof behind transmission cost escalation
8CERC has formally acknowledged that the Eastern Region Expansion Scheme project experienced cost overrun and has asked the utility to clarify whether revised cost approval is underway.
3) CERC tightens scrutiny on PGCIL solar interconnection transmission tariff claim
8Time overrun explanations and potential liquidated damages adjustments have become central risk variables.
4) Regulator demands loan-level interest proof for tariff approval
8CERC has asked Powergrid to disclose exact floating interest rates sourced from its loan compendium.
5) Regulator seeks appeal status of Tehri PSP before clearing transmission cost claims
8The regulatory rationale for linking appeal status to tariff approval is not explicitly stated.
6) CERC intensifies cost and delay scrutiny on Rajasthan REZ transmission project
8The broader signal points to a tightening regulatory stance on renewable transmission infrastructure cost validation.
7) CERC tightens scrutiny on Powergrid tariff claims for eastern split-bus assets
8The Central Electricity Regulatory Commission has escalated data scrutiny in Powergrid’s transmission tariff filing covering both the 2019–24 truing-up cycle and the 2024–29 control period.
8) Regulator questions capital cost trail for seven PowerGrid telecom transmission assets
8The scrutiny spans both the 2019-24 and 2024-29 tariff periods and beneficiaries may face tariff uncertainty if cost recognition is delayed.
9) Regulator demands loan computation transparency from Powergrid NE transmission tariffs
8The directive raises the compliance bar for tariff filings as transmission financiers and auditors are indirect stakeholders.
10) Regulator demands ACE breakdown before tariff approval moves ahead for Powergrid OPGW tariff petition
8Transmission licensees now face tighter validation on post-commissioning expenditure and financial closure for minor communication assets may slow.
11) CERC flags cost, delay, and financing gaps in Nalagarh ICT tariff case
8Revised capital cost, interest during construction, and liability schedules have been placed under direct scrutiny.
12) CERC flags delay scrutiny in solar-linked transmission tariff case
8Power Grid has been asked to justify time overruns and provide detailed financing cost disclosures before tariff determination proceeds.
13) CERC halts tariff scrutiny pending cost, IDC and delay disclosures in this interstate transmission project
8The directive targets assets linked to renewable generator connectivity at Bikaner-II, a node central to Rajasthan’s green power evacuation corridor.
14) CERC flags cost escalation risks in Powergrid’s North East communication tariff petition
8Beneficiaries and regional utilities could face delayed tariff certainty if responses are deemed insufficient.
15) Regulator demands loan-wise interest workings for Northern Region fibre-optic strengthening scheme
8This shifts scrutiny directly onto financing assumptions underlying capital cost recovery.
16) CERC flags cost overrun in Powergrid’s Hosur ICT tariff petition
8This is after noting an overrun against earlier financial approvals for the 2024–29 control period.
Click on Details for more Details
8Past approvals are not being treated as automatic precedents.
2) Regulator demands proof behind transmission cost escalation
8CERC has formally acknowledged that the Eastern Region Expansion Scheme project experienced cost overrun and has asked the utility to clarify whether revised cost approval is underway.
3) CERC tightens scrutiny on PGCIL solar interconnection transmission tariff claim
8Time overrun explanations and potential liquidated damages adjustments have become central risk variables.
4) Regulator demands loan-level interest proof for tariff approval
8CERC has asked Powergrid to disclose exact floating interest rates sourced from its loan compendium.
5) Regulator seeks appeal status of Tehri PSP before clearing transmission cost claims
8The regulatory rationale for linking appeal status to tariff approval is not explicitly stated.
6) CERC intensifies cost and delay scrutiny on Rajasthan REZ transmission project
8The broader signal points to a tightening regulatory stance on renewable transmission infrastructure cost validation.
7) CERC tightens scrutiny on Powergrid tariff claims for eastern split-bus assets
8The Central Electricity Regulatory Commission has escalated data scrutiny in Powergrid’s transmission tariff filing covering both the 2019–24 truing-up cycle and the 2024–29 control period.
8) Regulator questions capital cost trail for seven PowerGrid telecom transmission assets
8The scrutiny spans both the 2019-24 and 2024-29 tariff periods and beneficiaries may face tariff uncertainty if cost recognition is delayed.
9) Regulator demands loan computation transparency from Powergrid NE transmission tariffs
8The directive raises the compliance bar for tariff filings as transmission financiers and auditors are indirect stakeholders.
10) Regulator demands ACE breakdown before tariff approval moves ahead for Powergrid OPGW tariff petition
8Transmission licensees now face tighter validation on post-commissioning expenditure and financial closure for minor communication assets may slow.
11) CERC flags cost, delay, and financing gaps in Nalagarh ICT tariff case
8Revised capital cost, interest during construction, and liability schedules have been placed under direct scrutiny.
12) CERC flags delay scrutiny in solar-linked transmission tariff case
8Power Grid has been asked to justify time overruns and provide detailed financing cost disclosures before tariff determination proceeds.
13) CERC halts tariff scrutiny pending cost, IDC and delay disclosures in this interstate transmission project
8The directive targets assets linked to renewable generator connectivity at Bikaner-II, a node central to Rajasthan’s green power evacuation corridor.
14) CERC flags cost escalation risks in Powergrid’s North East communication tariff petition
8Beneficiaries and regional utilities could face delayed tariff certainty if responses are deemed insufficient.
15) Regulator demands loan-wise interest workings for Northern Region fibre-optic strengthening scheme
8This shifts scrutiny directly onto financing assumptions underlying capital cost recovery.
16) CERC flags cost overrun in Powergrid’s Hosur ICT tariff petition
8This is after noting an overrun against earlier financial approvals for the 2024–29 control period.
Click on Details for more Details
Company Updates
Feb 09:
Siemens Limited’s Smart Infrastructure segment drove results while Mobility margins stayed thin.
8That means Siemens’ profitability is increasingly concentrated in Smart Infrastructure rather than broadly distributed across divisions. Click on Details for more.
Azad India Mobility Limited’s quarterly sales rebound still sits far below last year’s base.
8If the company cannot re-expand toward that earlier revenue level, profitability improvements risk becoming a low-base optical effect rather than a durable operating reset.
CESC: Generation falls 4% while power purchase rises, shifting the profit mix away from owned supply.
8This means more of the unit economics may be coming from bought power rather than owned generation, which can alter margin stability depending on procurement terms and regulatory pass-through.
GMR Power and Urban Infra’s GKEL fair value depends on dispute settlements and expansion assumptions, not disclosed performance proof".
8That means a meaningful portion of “value” is effectively a bet on claim resolution and operational ramp-up, which are both execution- and adjudication-dependent.
Auditor’s internal control warning undermines Om Infra Limited’s claim of stable execution discipline.
8This means the company’s accounting systems are being questioned at the same time it reports improved quarterly profitability.
"Solarworld Energy Solutions goes to Delhi High Court after SGEL contract suspension and conditional bank guarantee invocation".
8That means the counterparty relationship has moved from execution friction into a court-protection phase, which usually reflects a breakdown in commercial resolution.
Zelio E-Mobility denies any undisclosed trigger behind the share price move.
8It states there is no event or information, including any impending announcement, that may have a bearing on the price or volume movement.
Indian Renewable Energy Development Agency Limited’s Rs 2,994 crore QIP plan caps government dilution at 3.76%
8That means the capital-raise structure is being engineered around ownership optics as much as balance-sheet funding.
Waaree Renewable Technologies Limited’s bank loans get ‘rating watch’ tag .
8That means the market is being told the rating outcome is in flux, with a developing trigger that is not described in the exchange filing.
G R Infraprojects Limited’s profit rose, but the quarter’s tax bill jumped even faster.
8That means the post-tax outcome is materially more fragile than the pre-tax headline implies because a tax swing can erase a meaningful portion of net profit.
Bajel Projects Limited won a ?400 crore order .
8The scope is heavy on 765 kV line construction, which can turn into a right-of-way risk story
ACME Solar Holdings Limited highlights AA- rating for subsidiary debt, not parent balance-sheet strength .
8That means the credit headline is structurally ring-fenced inside one project SPV rather than reflecting consolidated leverage comfort.
Union Budget language drives the merger narrative, while the filing avoids the word ‘timeline’ entirely.
8The catalyst is not a deal document, but a budget speech line that the board treats as a trigger.
Torrent Power adds a Rs 2,000 crore NCD programme, but the filing reads like a reaffirmation note.
8That means the credit signal is stability, while the incremental news is capacity to raise more long-term debt under an unchanged rating band.
ACME Solar Holdings Limited announced a 301 MW FDRE win.
8The bid requires delivery of 4 MWh per MW during non-solar hours with 70% monthly and 85% annual availability obligations.
Star Delta Transformers Limited’s ?53.3 crore revenue hides that profit fell 48% sequentially.
8It means the operational narrative is fragile because higher sales did not protect earnings momentum.
HBL Engineering Limited’s Q3 revenue fell 28% sequentially, turning last quarter’s surge into a fade.
8That means the headline narrative is not “momentum” but volatility, with earnings power swinging by quarter even as the company keeps reporting profits.
Quality Power Electrical Equipments Limited claims ‘no deviation’ while deferring capex and M&A timelines.
8That means compliance is being defined narrowly as “not changing objects,” while execution slippage is still occurring in the use-of-proceeds plan.
Ujaas Energy Limited tells exchanges price movement is ‘market-driven’ and denies any undisclosed event".
8 It states it has not withheld any material information that would have a bearing on the price or volume of its shares and attributes the movement to market conditions.
Sarda Energy & Minerals Limited’s Q3 profit fell 42% sequentially despite a ‘resilient’ press release tone.
8That means the core quarterly signal is contraction, not resilience, and the narrative is doing more work than the numbers
Details
8That means Siemens’ profitability is increasingly concentrated in Smart Infrastructure rather than broadly distributed across divisions. Click on Details for more.
Azad India Mobility Limited’s quarterly sales rebound still sits far below last year’s base.
8If the company cannot re-expand toward that earlier revenue level, profitability improvements risk becoming a low-base optical effect rather than a durable operating reset.
CESC: Generation falls 4% while power purchase rises, shifting the profit mix away from owned supply.
8This means more of the unit economics may be coming from bought power rather than owned generation, which can alter margin stability depending on procurement terms and regulatory pass-through.
GMR Power and Urban Infra’s GKEL fair value depends on dispute settlements and expansion assumptions, not disclosed performance proof".
8That means a meaningful portion of “value” is effectively a bet on claim resolution and operational ramp-up, which are both execution- and adjudication-dependent.
Auditor’s internal control warning undermines Om Infra Limited’s claim of stable execution discipline.
8This means the company’s accounting systems are being questioned at the same time it reports improved quarterly profitability.
"Solarworld Energy Solutions goes to Delhi High Court after SGEL contract suspension and conditional bank guarantee invocation".
8That means the counterparty relationship has moved from execution friction into a court-protection phase, which usually reflects a breakdown in commercial resolution.
Zelio E-Mobility denies any undisclosed trigger behind the share price move.
8It states there is no event or information, including any impending announcement, that may have a bearing on the price or volume movement.
Indian Renewable Energy Development Agency Limited’s Rs 2,994 crore QIP plan caps government dilution at 3.76%
8That means the capital-raise structure is being engineered around ownership optics as much as balance-sheet funding.
Waaree Renewable Technologies Limited’s bank loans get ‘rating watch’ tag .
8That means the market is being told the rating outcome is in flux, with a developing trigger that is not described in the exchange filing.
G R Infraprojects Limited’s profit rose, but the quarter’s tax bill jumped even faster.
8That means the post-tax outcome is materially more fragile than the pre-tax headline implies because a tax swing can erase a meaningful portion of net profit.
Bajel Projects Limited won a ?400 crore order .
8The scope is heavy on 765 kV line construction, which can turn into a right-of-way risk story
ACME Solar Holdings Limited highlights AA- rating for subsidiary debt, not parent balance-sheet strength .
8That means the credit headline is structurally ring-fenced inside one project SPV rather than reflecting consolidated leverage comfort.
Union Budget language drives the merger narrative, while the filing avoids the word ‘timeline’ entirely.
8The catalyst is not a deal document, but a budget speech line that the board treats as a trigger.
Torrent Power adds a Rs 2,000 crore NCD programme, but the filing reads like a reaffirmation note.
8That means the credit signal is stability, while the incremental news is capacity to raise more long-term debt under an unchanged rating band.
ACME Solar Holdings Limited announced a 301 MW FDRE win.
8The bid requires delivery of 4 MWh per MW during non-solar hours with 70% monthly and 85% annual availability obligations.
Star Delta Transformers Limited’s ?53.3 crore revenue hides that profit fell 48% sequentially.
8It means the operational narrative is fragile because higher sales did not protect earnings momentum.
HBL Engineering Limited’s Q3 revenue fell 28% sequentially, turning last quarter’s surge into a fade.
8That means the headline narrative is not “momentum” but volatility, with earnings power swinging by quarter even as the company keeps reporting profits.
Quality Power Electrical Equipments Limited claims ‘no deviation’ while deferring capex and M&A timelines.
8That means compliance is being defined narrowly as “not changing objects,” while execution slippage is still occurring in the use-of-proceeds plan.
Ujaas Energy Limited tells exchanges price movement is ‘market-driven’ and denies any undisclosed event".
8 It states it has not withheld any material information that would have a bearing on the price or volume of its shares and attributes the movement to market conditions.
Sarda Energy & Minerals Limited’s Q3 profit fell 42% sequentially despite a ‘resilient’ press release tone.
8That means the core quarterly signal is contraction, not resilience, and the narrative is doing more work than the numbers
Details
Contracting news for the day: Part-1
Feb 09:
HPSEBL extends RDSS Shimla circle distribution tenders to 10 Feb, resetting the bid clock
8The move is not just a calendar tweak — it reshapes bidder pricing discipline and participation dynamics in a terrain-heavy EPC package.
Resource adequacy consulting tender tightens technical gates but exposes EMD contradictions
8JERC’s resource adequacy tender is structured like a regulatory production contract, not a standard consulting engagement.
HVPNL extends bid deadline for 132 kV line re-alignment linked to integrated aviation hub at Hisar
8HVPNL has pushed the bid deadline for the Hisar 132 kV line shifting package without changing a single commercial term.
Double bid extension tightens the spotlight on MGR manpower economics
8The owner has extended this GeM tender twice, but the real story sits inside the scope packaging.
8What looks like facility management is structurally a coal logistics operations manpower contract with consumables pushed onto the contractor.
30 MW/75 MWh BESS tender quietly shifts storage from EPC procurement to a financing-and-performance contract
8The bid is being sold as a tariff tender, but its real weapon is the VGF release structure.
8The project forces bidders to finance and operate like an IPP while still carrying grid-integration liabilities like an EPC contractor.
8The clauses look standard until you map where cash actually unlocks. Details
8The move is not just a calendar tweak — it reshapes bidder pricing discipline and participation dynamics in a terrain-heavy EPC package.
Resource adequacy consulting tender tightens technical gates but exposes EMD contradictions
8JERC’s resource adequacy tender is structured like a regulatory production contract, not a standard consulting engagement.
HVPNL extends bid deadline for 132 kV line re-alignment linked to integrated aviation hub at Hisar
8HVPNL has pushed the bid deadline for the Hisar 132 kV line shifting package without changing a single commercial term.
Double bid extension tightens the spotlight on MGR manpower economics
8The owner has extended this GeM tender twice, but the real story sits inside the scope packaging.
8What looks like facility management is structurally a coal logistics operations manpower contract with consumables pushed onto the contractor.
30 MW/75 MWh BESS tender quietly shifts storage from EPC procurement to a financing-and-performance contract
8The bid is being sold as a tariff tender, but its real weapon is the VGF release structure.
8The project forces bidders to finance and operate like an IPP while still carrying grid-integration liabilities like an EPC contractor.
8The clauses look standard until you map where cash actually unlocks. Details
Contracting news for the day: Part-2
Feb 09:
This composite tender hard-filters bidders with Rs 8.84 crore EMD and tight turnkey interface risk
8The contract quietly shifts commissioning risk by bundling 400 kV evacuation works and 132 kV mixed OH-UG execution into a single turnkey accountability frame.
MSETCL hardens the TBCB playbook with pre-bid tie-ups for the Balsane AIS project
8MSETCL is quietly changing how risk enters the tariff equation.
8The Balsane AIS project forces bidders to lock execution logic before price discovery.
8This single notice could reshape who wins — and who even dares to bid.
400 kv GIS extension tender ties Navi Mumbai ICT augmentation to 1100 MW connectivity push
8The tender looks standard on the surface, but the real risk will sit in outage sequencing, interface scope, and commissioning accountability.
9th re-tender for 50 MVA augmentation exposes persistent execution-risk mismatch
8The transformer is client-supplied, but the contractor still carries the highest-liability segment: energisation, bay integration, and commissioning at two substations.
KSEB’s 20 mva transformer tender tightens delivery control and shifts logistics risk onto OEMs
8KSEB’s latest 20 mva transformer package is not just a supply order — it is a 19-month production programme disguised as a tender.
8The real filters are buried in the delivery logic, banking exposure, and the DSC test gate that quietly separates mature OEMs from everyone else. Details
8The contract quietly shifts commissioning risk by bundling 400 kV evacuation works and 132 kV mixed OH-UG execution into a single turnkey accountability frame.
MSETCL hardens the TBCB playbook with pre-bid tie-ups for the Balsane AIS project
8MSETCL is quietly changing how risk enters the tariff equation.
8The Balsane AIS project forces bidders to lock execution logic before price discovery.
8This single notice could reshape who wins — and who even dares to bid.
400 kv GIS extension tender ties Navi Mumbai ICT augmentation to 1100 MW connectivity push
8The tender looks standard on the surface, but the real risk will sit in outage sequencing, interface scope, and commissioning accountability.
9th re-tender for 50 MVA augmentation exposes persistent execution-risk mismatch
8The transformer is client-supplied, but the contractor still carries the highest-liability segment: energisation, bay integration, and commissioning at two substations.
KSEB’s 20 mva transformer tender tightens delivery control and shifts logistics risk onto OEMs
8KSEB’s latest 20 mva transformer package is not just a supply order — it is a 19-month production programme disguised as a tender.
8The real filters are buried in the delivery logic, banking exposure, and the DSC test gate that quietly separates mature OEMs from everyone else. Details
Regulatory Updates: Part I
Feb 09:
1) GERC freezes wind PPA cost dispute pending Supreme Court curative verdict
8The case also highlights how curative proceedings at the national level can stall state-level regulatory enforcement.
2) Gujarat regulator shuts down capacitor billing plea on jurisdiction grounds
8The decision signals a tightening of procedural discipline and a rejection of attempts to convert regulatory forums into public-interest grievance platforms.
3) Wind industry body withdraws GERC connectivity challenge after new procedure approval
8For renewable developers, the spotlight now moves to how the new connectivity regime will be interpreted and contested in future forums.
4) GERC closes hybrid tariff petition after earlier framework already settled issue
8It also signals that transitional gaps between policy announcements and tariff notifications will not automatically justify interim commissioning rights.
5) Regulator shuts down legacy solar tariff claim after Supreme Court precedent
8The decision reinforces judicial finality in tariff interpretation disputes. For legacy renewable projects, it signals that post-judgment revival attempts face steep legal barriers.
6) Chhattisgarh launches multi-year tariff reset across power value chain
8The regulatory cycle now underway will shape cost flows and tariff structures across Chhattisgarh’s electricity ecosystem for multiple years.
7) DVC: Past cost gaps return to the table
8This shifts the debate from just future projections to legacy financial performance as consumers could see delayed cost adjustments surface in upcoming orders.
8) Regulator begins cost true-up for past Tata utility operations
8The outcome will decide whether utilities recover shortfalls or return excess collections.
9) Regulator opens last consultation gate before tariff rule rewrite
8Generators, transmission licensees, and bulk consumers now face a narrow window to defend cost recovery positions.
10) UPPCL warns revised norms may weaken DISCOM cost recovery
8The utility argues this would strain already fragile state distribution finances.
11) Utility challenges storage tariff framework, seeks tighter regulatory control
8A major state utility has questioned the legal and financial architecture proposed for integrating energy storage into India’s central tariff framework.
12) Legacy control systems enter fresh tariff cycle
8Digital grid control infrastructure commissioned nearly a decade ago is now financially reset for another five-year period.
13) MAT-linked RoE shield protects transmission returns
8Despite capital corrections, return on equity remains insulated through tax gross-up using notified MAT rates and this preserves investor returns irrespective of tax regime variability.
14) Delay shadow hangs over RE transmission build-out in Rajasthan
8This timing shift raises regulatory focus on whether cost overrun justifications will hold as beneficiary utilities now face tariff flows tied to delayed infrastructure.
15) Regulator wipes out delay risk for NER assets
8The Commission ruled there was no time overrun in the commissioning of all three assets and this removes exposure to delay-linked cost disallowance.
Click on Details for more Details
8The case also highlights how curative proceedings at the national level can stall state-level regulatory enforcement.
2) Gujarat regulator shuts down capacitor billing plea on jurisdiction grounds
8The decision signals a tightening of procedural discipline and a rejection of attempts to convert regulatory forums into public-interest grievance platforms.
3) Wind industry body withdraws GERC connectivity challenge after new procedure approval
8For renewable developers, the spotlight now moves to how the new connectivity regime will be interpreted and contested in future forums.
4) GERC closes hybrid tariff petition after earlier framework already settled issue
8It also signals that transitional gaps between policy announcements and tariff notifications will not automatically justify interim commissioning rights.
5) Regulator shuts down legacy solar tariff claim after Supreme Court precedent
8The decision reinforces judicial finality in tariff interpretation disputes. For legacy renewable projects, it signals that post-judgment revival attempts face steep legal barriers.
6) Chhattisgarh launches multi-year tariff reset across power value chain
8The regulatory cycle now underway will shape cost flows and tariff structures across Chhattisgarh’s electricity ecosystem for multiple years.
7) DVC: Past cost gaps return to the table
8This shifts the debate from just future projections to legacy financial performance as consumers could see delayed cost adjustments surface in upcoming orders.
8) Regulator begins cost true-up for past Tata utility operations
8The outcome will decide whether utilities recover shortfalls or return excess collections.
9) Regulator opens last consultation gate before tariff rule rewrite
8Generators, transmission licensees, and bulk consumers now face a narrow window to defend cost recovery positions.
10) UPPCL warns revised norms may weaken DISCOM cost recovery
8The utility argues this would strain already fragile state distribution finances.
11) Utility challenges storage tariff framework, seeks tighter regulatory control
8A major state utility has questioned the legal and financial architecture proposed for integrating energy storage into India’s central tariff framework.
12) Legacy control systems enter fresh tariff cycle
8Digital grid control infrastructure commissioned nearly a decade ago is now financially reset for another five-year period.
13) MAT-linked RoE shield protects transmission returns
8Despite capital corrections, return on equity remains insulated through tax gross-up using notified MAT rates and this preserves investor returns irrespective of tax regime variability.
14) Delay shadow hangs over RE transmission build-out in Rajasthan
8This timing shift raises regulatory focus on whether cost overrun justifications will hold as beneficiary utilities now face tariff flows tied to delayed infrastructure.
15) Regulator wipes out delay risk for NER assets
8The Commission ruled there was no time overrun in the commissioning of all three assets and this removes exposure to delay-linked cost disallowance.
Click on Details for more Details
Regulatory Upadate: Part II
Feb 09:
81) Bihar SLDC filing moves to “reserved order” stage after Patna hearing on 6 February 2026 Click on Details for more
82) Bihar Commission reserves decision on BSPTCL’s FY2026-27 transmission tariff and ARR petition Click on Details for more
83) Bihar RE generic tariff for FY2025-26 heads to final order after only BSMA files comments Click on Details for more
84) BSHPCL true-up for FY2016-18 hits “readable annexure” gate as Bihar Commission reserves decision Click on Details for more
85) SBPDCL gets 15 Feb deadline to answer Rs 0.35/unit hike objections as Bihar tariff hearing closes Click on Details for more
86) Bihar tariff record reserves order but mandates NBPDCL response loop on objections by 15 February 2026 Click on Details for more
87) Bihar clears SLDC capex plan but rings-fences R&M elements in Rs 17.75 crore project basket Click on Details for more
88) Uttarakhand regulator opens tariff consultation with four public hearings from 18–27 February 2026 Click on Details for more
89) Maharashtra State Electricity Distribution Company Limited (MSEDCL) review case sees repeated Pune objector roster in de novo hearing record Click on Details for more
810) Maharashtra State Electricity Distribution Company Limited (MSEDCL) review hearing record repeats Amravati objector list without tariff detail Click on Details for more
811) Bihar State Power Holding Company Ltd. (BSPHCL) gets 190 MW peak-power approval at Rs 4.72/kWh Click on Details for more
812) DERC cuts BSES Yamuna Power Ltd. (BYPL) PPAC claim to 2.96% for 09.02–08.05.2026 Click on Details for more
813) Bihar regulator clears BSPTCL 64-project capex plan, but locks cost scrutiny to truing-up gates Click on Details for more
814) Bihar State Power Holding Company Ltd. (BSPHCL) gets 450 MW FDRE cleared at Rs 6.74/unit, CERC adoption rider Click on Details for more Details
82) Bihar Commission reserves decision on BSPTCL’s FY2026-27 transmission tariff and ARR petition Click on Details for more
83) Bihar RE generic tariff for FY2025-26 heads to final order after only BSMA files comments Click on Details for more
84) BSHPCL true-up for FY2016-18 hits “readable annexure” gate as Bihar Commission reserves decision Click on Details for more
85) SBPDCL gets 15 Feb deadline to answer Rs 0.35/unit hike objections as Bihar tariff hearing closes Click on Details for more
86) Bihar tariff record reserves order but mandates NBPDCL response loop on objections by 15 February 2026 Click on Details for more
87) Bihar clears SLDC capex plan but rings-fences R&M elements in Rs 17.75 crore project basket Click on Details for more
88) Uttarakhand regulator opens tariff consultation with four public hearings from 18–27 February 2026 Click on Details for more
89) Maharashtra State Electricity Distribution Company Limited (MSEDCL) review case sees repeated Pune objector roster in de novo hearing record Click on Details for more
810) Maharashtra State Electricity Distribution Company Limited (MSEDCL) review hearing record repeats Amravati objector list without tariff detail Click on Details for more
811) Bihar State Power Holding Company Ltd. (BSPHCL) gets 190 MW peak-power approval at Rs 4.72/kWh Click on Details for more
812) DERC cuts BSES Yamuna Power Ltd. (BYPL) PPAC claim to 2.96% for 09.02–08.05.2026 Click on Details for more
813) Bihar regulator clears BSPTCL 64-project capex plan, but locks cost scrutiny to truing-up gates Click on Details for more
814) Bihar State Power Holding Company Ltd. (BSPHCL) gets 450 MW FDRE cleared at Rs 6.74/unit, CERC adoption rider Click on Details for more Details
UPERC Regulatory Upadate
Feb 09:
81) UPERC rejects Section 142 plea, underlines no power to quash FIRs or entertain writ petitions Click on Details for more
82) UPERC clears Ghatampur Transmission’s security package, but bars licence transfer without fresh approval Click on Details for more
83) UPERC admits KGBB Agritech’s plea to route power from Unit-2 to Unit-1, sets April hearing Click on Details for more
84) UPERC lets South East U.P. transmission firm add 233-day SCOD extension prayer, sets April hearing Click on Details for more
85) NPCL’s tariff filing moves to consultation stage; UPERC flags TVS issues and further data directions Click on Details for more
86) UPERC keeps Supply Code interpretation issue open, grants Ayesha Steel time to supplement pleadings Click on Details for more
87) UPERC demands consolidated report for 474 obligated entities, ties compliance monitoring to quarterly reports Click on Details for more
88) UPERC gives Jubilant Pharmova a final four-week window to justify Supply Code exemption against NPCL Click on Details for more
89) UPERC admits State DISCOM ARR filings, orders public notice within three working days Click on Details for more
810) UPERC admits NIDP Developers ARR petition, condones five-day delay under fees and fines regulation Click on Details for more
811) UPERC fixes 12 March hearing on Lalitpur Power Generation’s interest/carrying cost claim against UPPCL Click on Details for more
812) UPERC sets 12 March hearing on Lalitpur Power Generation’s interest/carrying cost claim on 03.06.2022 dues Click on Details for more
Details
82) UPERC clears Ghatampur Transmission’s security package, but bars licence transfer without fresh approval Click on Details for more
83) UPERC admits KGBB Agritech’s plea to route power from Unit-2 to Unit-1, sets April hearing Click on Details for more
84) UPERC lets South East U.P. transmission firm add 233-day SCOD extension prayer, sets April hearing Click on Details for more
85) NPCL’s tariff filing moves to consultation stage; UPERC flags TVS issues and further data directions Click on Details for more
86) UPERC keeps Supply Code interpretation issue open, grants Ayesha Steel time to supplement pleadings Click on Details for more
87) UPERC demands consolidated report for 474 obligated entities, ties compliance monitoring to quarterly reports Click on Details for more
88) UPERC gives Jubilant Pharmova a final four-week window to justify Supply Code exemption against NPCL Click on Details for more
89) UPERC admits State DISCOM ARR filings, orders public notice within three working days Click on Details for more
810) UPERC admits NIDP Developers ARR petition, condones five-day delay under fees and fines regulation Click on Details for more
811) UPERC fixes 12 March hearing on Lalitpur Power Generation’s interest/carrying cost claim against UPPCL Click on Details for more
812) UPERC sets 12 March hearing on Lalitpur Power Generation’s interest/carrying cost claim on 03.06.2022 dues Click on Details for more
Details
CERC vs. Powergrid-II: High stakes game
Feb 09:
1) Regulator tightens data scrutiny for AGC redundancy transmission assets
8Transmission cost recovery now hinges on documentary precision.
2) Regulator seeks fresh cost proof for Delhi substation project from Powergrid
8The demand targets legacy capital expenditure now being trued up.
3) Regulator seeks RLDC proof before recognising asset charging
8The Commission has demanded a formal RLDC charging certificate, placing operational proof at the centre of tariff admissibility for Delhi transmission assets.
4) Date discrepancy in NCT approval triggers regulatory scrutiny
8The Commission has questioned inconsistencies in the reported date of the 28th NCT meeting in Powergrid Hassan ICT tariff.
5) CERC flags data gaps in ERSS-XV tariff filing, seeks detailed financial disclosures
8The move reinforces CERC’s sharper focus on data integrity before approving multi-year transmission tariffs.
6) Regulator reopens legacy capitalisation trail tied to transmission cost recovery tied to the Rihand system
8This raises questions over whether earlier deferrals are being repeatedly rolled forward.
7) Regulator flags financial model gaps in Powergrid tariff filing for this transformer upgrade
8The regulator is signaling that spreadsheet-level traceability is now mandatory.
8) CERC halts ERSS-XIV tariff process pending fresh cost and asset disclosures
8The development underscores rising regulatory emphasis on documentation discipline in multi-year transmission cost recovery.
9) Regulator demands delay accountability in RE transmission project
8CERC has ordered Powergrid to produce detailed, activity-wise delay explanations for four transmission assets linked to renewable evacuation.
10) CERC flags data gaps in Powergrid’s Bhadla transformer tariff petition
8The move places the Bhadla pooling station upgrade under intensified regulatory scrutiny just as the sector transitions into the 2024–29 control period.
11) Regulator questions cost escalation in southern grid upgrade
8The Commission has formally acknowledged that the project cost has exceeded earlier apportioned benchmarks
12) Regulator demands dual-period financial forms for Itarsi–Dhule transmission tariff
8This suggests the Commission is validating continuity between legacy capitalisation and new control-period claims.
13) Regulator demands COD proof for key Northern transmission communication asset
8This affects capitalization timing and associated depreciation and return claims. Beneficiary utilities could see delayed cost pass-through if approval is deferred.
14) CERC halts tariff processing for Indore fault-level control scheme
8By demanding revised cost estimates, spares accounting, and delay justifications, the Commission has signaled tighter verification before capital cost recognition.
15) Delay justification becomes central fault line in Pune ICT tariff review
8The regulator is not accepting aggregated delay narratives and instead seeks activity-level scheduling evidence.
16) CERC flags data gaps in Powergrid’s western region communication upgrade tariff plea
8The Commission has demanded fresh disclosures on cost financing, construction delays, and interest calculations before it proceeds further.
17) CERC flags data gaps in Bhutan-linked transmission communication tariff case
8By calling for liability flow statements, cost forms, and justification for time overruns, the regulator is signalling heightened scrutiny over capital efficiency and schedule discipline.
18) CERC flags cost and IDC gaps in Powergrid’s ERES-XXXI tariff bid
8This indicates potential divergence between original filings and prudence expectations
Click on Details for more Details
8Transmission cost recovery now hinges on documentary precision.
2) Regulator seeks fresh cost proof for Delhi substation project from Powergrid
8The demand targets legacy capital expenditure now being trued up.
3) Regulator seeks RLDC proof before recognising asset charging
8The Commission has demanded a formal RLDC charging certificate, placing operational proof at the centre of tariff admissibility for Delhi transmission assets.
4) Date discrepancy in NCT approval triggers regulatory scrutiny
8The Commission has questioned inconsistencies in the reported date of the 28th NCT meeting in Powergrid Hassan ICT tariff.
5) CERC flags data gaps in ERSS-XV tariff filing, seeks detailed financial disclosures
8The move reinforces CERC’s sharper focus on data integrity before approving multi-year transmission tariffs.
6) Regulator reopens legacy capitalisation trail tied to transmission cost recovery tied to the Rihand system
8This raises questions over whether earlier deferrals are being repeatedly rolled forward.
7) Regulator flags financial model gaps in Powergrid tariff filing for this transformer upgrade
8The regulator is signaling that spreadsheet-level traceability is now mandatory.
8) CERC halts ERSS-XIV tariff process pending fresh cost and asset disclosures
8The development underscores rising regulatory emphasis on documentation discipline in multi-year transmission cost recovery.
9) Regulator demands delay accountability in RE transmission project
8CERC has ordered Powergrid to produce detailed, activity-wise delay explanations for four transmission assets linked to renewable evacuation.
10) CERC flags data gaps in Powergrid’s Bhadla transformer tariff petition
8The move places the Bhadla pooling station upgrade under intensified regulatory scrutiny just as the sector transitions into the 2024–29 control period.
11) Regulator questions cost escalation in southern grid upgrade
8The Commission has formally acknowledged that the project cost has exceeded earlier apportioned benchmarks
12) Regulator demands dual-period financial forms for Itarsi–Dhule transmission tariff
8This suggests the Commission is validating continuity between legacy capitalisation and new control-period claims.
13) Regulator demands COD proof for key Northern transmission communication asset
8This affects capitalization timing and associated depreciation and return claims. Beneficiary utilities could see delayed cost pass-through if approval is deferred.
14) CERC halts tariff processing for Indore fault-level control scheme
8By demanding revised cost estimates, spares accounting, and delay justifications, the Commission has signaled tighter verification before capital cost recognition.
15) Delay justification becomes central fault line in Pune ICT tariff review
8The regulator is not accepting aggregated delay narratives and instead seeks activity-level scheduling evidence.
16) CERC flags data gaps in Powergrid’s western region communication upgrade tariff plea
8The Commission has demanded fresh disclosures on cost financing, construction delays, and interest calculations before it proceeds further.
17) CERC flags data gaps in Bhutan-linked transmission communication tariff case
8By calling for liability flow statements, cost forms, and justification for time overruns, the regulator is signalling heightened scrutiny over capital efficiency and schedule discipline.
18) CERC flags cost and IDC gaps in Powergrid’s ERES-XXXI tariff bid
8This indicates potential divergence between original filings and prudence expectations
Click on Details for more Details
Market Round-up
Feb 09:
1) Liquidity vanished on two venues as real-time hit the cap
8On 2026-02-07, real-time MCP touched Rs 10,000.00/MWh at 07:00 (T29), while two other venues printed zero/blank through the same blocks.
Inference: participation concentrated into one marketplace, turning early blocks into a thin-liquidity spike zone (price cap with no offsetting depth elsewhere).
Why it matters: when liquidity fragments, a single venue’s scarcity prints become the de-facto national reference, amplifying procurement risk for intraday balancing.
2) Day-ahead lost the plot against real-time before breakfast
8On 2026-02-07 at 06:45 (T28), real-time MCP surged to Rs 9,999.32/MWh while day-ahead at the same block was Rs 4,600.01/MWh (basis +Rs 5,399.31/MWh).
Inference: the shock is intraday-specific (not “priced in” day-ahead), consistent with a sudden balancing shortfall rather than a gradual demand trend.
Why it matters: a +Rs 5.40/kWh basis is a direct cost escalator for buyers leaning on RTM to correct schedules.
3) An afternoon price floor cracked despite normal day-ahead levels
8On 2026-02-08 at 15:45 (T64), real-time MCP collapsed to Rs 188.38/MWh (Rs 0.19/kWh) while day-ahead for the same block stayed at Rs 1,767.00/MWh.
Inference: the drop looks like a localized surplus pocket (or aggressive sell bidding) that RTM cleared but DAM did not reflect at the same granularity.
Why it matters: extreme intraday downside can destabilise dispatch incentives-good for opportunistic buyers, risky for flexible generators counting on shoulder-hour revenues.
4) Real-time prices fell when volumes rose-consistently, not occasionally
8Across 2026-02-06 to 2026-02-08, real-time MCP and real-time cleared volume moved inversely in the same blocks (lag 0 correlations: ρ≈-0.43, -0.52, -0.79 by day).
Inference: higher cleared volumes coincided with lower scarcity pricing, suggesting RTM tightness was driven by “thin” periods rather than uniformly high demand.
Why it matters: risk management should watch liquidity/participation as much as demand-thin blocks can be costlier than peak blocks.
5) Renewables carried the peak, but the system still leaned on balancing
8On 2026-02-07 (solar hours 07:00–17:00), max demand met was 235,957 MW at 09:43, with wind 4,507 MW (1.91%) and solar 57,834 MW (24.51%)-total VRE 62,340 MW (26.42%).
Inference: even with VRE >26% at peak, the market still showed severe intraday stress earlier that morning, pointing to timing/ramps rather than “not enough energy.”
Why it matters: policy focus shifts from adding MWh to ensuring flexible MW-otherwise volatility survives even on “good renewable” days.
6) Pumped storage turned net-pumping even with zero peak shortage flags
8For 2026-02-08, the PSP daily report shows Peak Shortage (MW) as 0, while the Schedule(MU) line contains negative entries (net pumping) alongside positive ones.
Inference: PSP was used for energy shifting/market economics (charging during softer blocks), not as an emergency shortage plug.
Why it matters: PSP behaviour can steepen intraday spreads-supporting low-price valleys and setting up sharper peaks when discharge is reserved.
7) North thermal missed the day’s program-hydro didn’t fully cushion it
8On 2026-02-05, Northern Region thermal generation was 776.60 MU vs program 970.79 MU, while hydro was 107.50 MU vs program 115.62 MU.
Inference: the thermal shortfall is large enough that any next-day scheduling reliance would push buyers toward intraday correction, raising exposure to RTM spikes.
Why it matters: when the base slips, balancing costs rise first-and they show up as volatile intraday MCP, not as a neat monthly adjustment.
8) Coal stress showed up as “zero cover” flags at a large station
8On 2026-02-07, a 1,320 MW station line shows PLF at 0% and “Stock vis-à-vis normative” printed as 0.0, with receipt and consumption also printed as 0.0 (flagged line item).
Inference: this looks like a non-running/constraint condition with coal logistics not flowing that day-exactly the kind of hidden fragility that can spill into short-notice balancing.
Why it matters: even isolated stoppages reduce system slack; the market then prices “surprise scarcity” into a handful of blocks at punitive rates.
Click on Details for more Details
8On 2026-02-07, real-time MCP touched Rs 10,000.00/MWh at 07:00 (T29), while two other venues printed zero/blank through the same blocks.
Inference: participation concentrated into one marketplace, turning early blocks into a thin-liquidity spike zone (price cap with no offsetting depth elsewhere).
Why it matters: when liquidity fragments, a single venue’s scarcity prints become the de-facto national reference, amplifying procurement risk for intraday balancing.
2) Day-ahead lost the plot against real-time before breakfast
8On 2026-02-07 at 06:45 (T28), real-time MCP surged to Rs 9,999.32/MWh while day-ahead at the same block was Rs 4,600.01/MWh (basis +Rs 5,399.31/MWh).
Inference: the shock is intraday-specific (not “priced in” day-ahead), consistent with a sudden balancing shortfall rather than a gradual demand trend.
Why it matters: a +Rs 5.40/kWh basis is a direct cost escalator for buyers leaning on RTM to correct schedules.
3) An afternoon price floor cracked despite normal day-ahead levels
8On 2026-02-08 at 15:45 (T64), real-time MCP collapsed to Rs 188.38/MWh (Rs 0.19/kWh) while day-ahead for the same block stayed at Rs 1,767.00/MWh.
Inference: the drop looks like a localized surplus pocket (or aggressive sell bidding) that RTM cleared but DAM did not reflect at the same granularity.
Why it matters: extreme intraday downside can destabilise dispatch incentives-good for opportunistic buyers, risky for flexible generators counting on shoulder-hour revenues.
4) Real-time prices fell when volumes rose-consistently, not occasionally
8Across 2026-02-06 to 2026-02-08, real-time MCP and real-time cleared volume moved inversely in the same blocks (lag 0 correlations: ρ≈-0.43, -0.52, -0.79 by day).
Inference: higher cleared volumes coincided with lower scarcity pricing, suggesting RTM tightness was driven by “thin” periods rather than uniformly high demand.
Why it matters: risk management should watch liquidity/participation as much as demand-thin blocks can be costlier than peak blocks.
5) Renewables carried the peak, but the system still leaned on balancing
8On 2026-02-07 (solar hours 07:00–17:00), max demand met was 235,957 MW at 09:43, with wind 4,507 MW (1.91%) and solar 57,834 MW (24.51%)-total VRE 62,340 MW (26.42%).
Inference: even with VRE >26% at peak, the market still showed severe intraday stress earlier that morning, pointing to timing/ramps rather than “not enough energy.”
Why it matters: policy focus shifts from adding MWh to ensuring flexible MW-otherwise volatility survives even on “good renewable” days.
6) Pumped storage turned net-pumping even with zero peak shortage flags
8For 2026-02-08, the PSP daily report shows Peak Shortage (MW) as 0, while the Schedule(MU) line contains negative entries (net pumping) alongside positive ones.
Inference: PSP was used for energy shifting/market economics (charging during softer blocks), not as an emergency shortage plug.
Why it matters: PSP behaviour can steepen intraday spreads-supporting low-price valleys and setting up sharper peaks when discharge is reserved.
7) North thermal missed the day’s program-hydro didn’t fully cushion it
8On 2026-02-05, Northern Region thermal generation was 776.60 MU vs program 970.79 MU, while hydro was 107.50 MU vs program 115.62 MU.
Inference: the thermal shortfall is large enough that any next-day scheduling reliance would push buyers toward intraday correction, raising exposure to RTM spikes.
Why it matters: when the base slips, balancing costs rise first-and they show up as volatile intraday MCP, not as a neat monthly adjustment.
8) Coal stress showed up as “zero cover” flags at a large station
8On 2026-02-07, a 1,320 MW station line shows PLF at 0% and “Stock vis-à-vis normative” printed as 0.0, with receipt and consumption also printed as 0.0 (flagged line item).
Inference: this looks like a non-running/constraint condition with coal logistics not flowing that day-exactly the kind of hidden fragility that can spill into short-notice balancing.
Why it matters: even isolated stoppages reduce system slack; the market then prices “surprise scarcity” into a handful of blocks at punitive rates.
Click on Details for more Details
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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.
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
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
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
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
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
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
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
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
Click on Details for more Details
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
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
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
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
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
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
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
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
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
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
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
8Design, manufacture, testing, supply and delivery of complete set of aluminium based re usable emergency restoration system Details
8Tender for supply of coupler assembly for side arm charger Details
8Tender for construction of R.C.C. vaults at NSDF for storage of end fittings, garter springs and pressure tubes Details
8Tender for supply and installation of cold insulation Details
8Tender for transportation and liaisoning for movement of coal Details
8Tender for work of supply & installation of etal reflecting indication board Details
8Tender for laying of 33kV, 1x630 sq.mm XLPE UG cable Details
8Tender for replacement and repairing of existing wornout damaged Details
8Tender for laying of 33kV,1x630 sq.mm XLPE UG cable from Manali 33/11 kV SS double pole structure Details
8Tender for laying of 33kV,1x630 sq.mm XLPE UG cable from Gummidipoondi Sipcot Details
8Tender for laying of 33kV,1x630 sq.mm XLPE UG cable from the existing Details
8Tender for laying of 33kV,1x630 sq.mm XLPE UG cable Details
8Tender for comprehensive AMC for plant Details
8Tender for supply of various 415V IE3 LT motors Details
8Tender for work of various miscellaneous maintenance work for 2 X 250 MW boiler Details
8Tender for stringing ABC 25 sq.mm. for street main at various Details
8Tender for carrying out dyuthi 2.0 HT works Details
8Tender for development of distribution infrastructure Details
8Tender for construction of new 11kV covered conductor line Details
8Tender for procurement of 22000 liters transformer oil required during capital overhauling of 40 MVA/11/132 KVA generator transformer Details
8Tender for work proposal for round clock operation of fire tenders, mobile cranes Details
8Tender for misc. plumbing related civil maintenance work Details
8Tender for providing & fixing water tanks Details
8Tender for supply of feeder belt for 36" gravimetric feeder Details
8Tender for providing and fixing SS railing Details
8Tender for repair and maintenance of surge shaft Details
8Tender for construction of lab resting shed Details
8Tender for construction of room and repair of CGI sheet Details
8Tender for channelization work in downstream Details
8Tender for channelization work in reservoir Details
8Tender for construction of RCC bunker Details
8Tender for civil and hydro- mechanical (HM) works, including associated ancillary and enabling works Details
8Tender for laying of pipeline with thermal lagging Details
8Tender for dog to panther conversion of 66kV line by replacement of conductor Details
8Tender for biennial civil & sanitary maintenance work Details
8Tender for procurement, installation and commissioning of piezometers Details
8Tender for procurement of grinding element Details
8Tender for procurement of steel materials Details
8Tender for procurement of 350 MT liquid chlorine with related services Details
8Tender for procurement of radiator for WDS 6R locomotive Details
8Tender for annual maintenance contract (AMC) for electrical installation i.e fans, tube lights, switches Details
8Tender for dog to panther conversion of 66kV line by replacement of conductor, insulators Details
8Tender for work of erection of 66kV S/C link line on D/C panther tower Details
8Tender for supply, erection, testing & commissioning of 220 kV U/G cable laying at 220kV LILO both circuit of 220 kV line Details
8Tender for annual maintenance of work 33/11 kV sub-station Details
8Tender for shifting of cooling tower lightning arrester Details
8Tender for tower protection work Details
8Tender for procurement of parts of conductor hardware fittings and accessories Details
8Tender for job contract for application of ceramic fibre sealing Details
8Tender for supply and erection of new fills removal and disposal of old fills forstage 2 cooling tower Details
8Tender for supply of 11 kV metering unit of different rating Details
8Tender for supply of CI bends Details
8Tender for operation & maintenance of 33 kV /11 kV substation Details
8Tender for maintenance of 33 kV /11 kV LT lines and substation Details
8Tender for maintenance of 33 kV /11 kV LT lines and substation and attending the consumers complaint at 33/11 kV sub-station Details
8Tender for civil renovation works for the civil structures Details
8Tender for supply, installation, testing and commissioning of centralized air-conditioning system Details
8Tender for small hydro electric project civil renovation works for the civil structures Details
8Tender for civil renovation works for the civil structures Details
8Tender for supply of 11kV, 1250A, 40KA VD4 type vacuum circuit breaker Details
8Tender for work of complete upgradation of existing ABB micro SCADA at 400kV switching substation Details
8Tender for work of painting of MS towers of EHV lines Details
8Tender for annual maintenance contract (AMC) for repairing/ servicing/overhauling of air conditioner installed Details
8Tender for various civil annual maintenance works for 132kV substation Details
8Tender for Bi- annual rate contract for restoration of various 132kV/220kV class transmission line Details
8Tender for Bi- annual rate contract for restoration of various 400kV class transmission line Details
8Tender for Bi- annual rate contract for restoration of various 66kV class transmission line Details
8Tender for repair, maintenance, and installation of plant/ systems/equipments Details
8Tender for work of construction of control room and other civil work at 33 /11 kV sub station Details
8Tender for work of construction of control room and other civil work Details
8Tender for work of construction of control room and other civil work at 33 /11 kV sub station Details
8Tender for transportation of H-beam and RS joist various size Details
8Tender for empanelment of contractors to award a contract for survey, installation, testing and commissioning of 11kV line, 11/0.433kV distribution transformer Details
8Tender for supply of gavanised plain and galvanised corrugated sheets for various Details
8Tender for supply and installation of software web portal and integrated mobile applications for an online monitoring system Details
8Tender for repair, maintenance and minor civil works Details
8Tender for shifting and diversion of 11 kV feeder with UG cable Details
8Tender for repair, maintenance and minor civil works Details
8Tender for supply installation commissioning and transportation of HS ST jointing kit for 1.1 kV 4core 300 and 185 sqmm cable Details
8Tender for repair, maintenance and minor civil works Details
8Tender for turnkey contract including design, supply and installation for bifurcation of 22 numbers of 11 kV feeders Details
8Tender for augmentation of 56 nos different 11 kV feeders by replacing the existing ACSR conductor Details
8Tender for operation and maintenance of 11 kV, LT lines and sub-stations Details
8Tender for construction of counterfort retaining wall Details
8Tender for dismantling of existing defunct DSL bus bars and supply, installation and commissioning of 1000A copper shrouded DSL bus bars for 150/30T EOT cranes Details
8Tender for annual maintenance of control and relay panels Details
8Tender for annual maintenance of battery bank, DC distribution system, station auxiliaries system, control & relay panels Details
8Tender for supply, installation & commisioning of one no 500KVA, 11/0.4kV copper wound transformaer with complete fittings and accessories Details
8Tender for annual maintenance of generator transformers, unit auxiliary transformers Details
8Tender for supply of different size of power cables and cable jointing kits Details
8Tender for supply of various CPVC pipes & fittings for chlorination plant Details
8Tender for work of providing second PT source for 132kV and 33kV voltage level Details
8Tender for augmentation of substation by providing additional T/Fs & replacement of T/Fs at of EHV substation Details
You can also click on Tenders for more
For reference purposes the website carries here the following newsclips:
8Bihar moves ahead with 190 MW battery-backed wind-solar hybrid power procurement Details
8Emerging economies drive global wind and solar growth Details
8India turns to US for coking coal as Australia's dominance wanes Details
8After coal and sand, illegal soil mining comes to light in West Burdwan Details
8Punjab electricity board engineers flag PSPCL’s ‘unrealistic’ power loss target Details
8Tata Technologies' WATTSync supports India's Battery Aadhaar digital identity Details
8NITI Aayog report urges bold energy reforms to achieve $30 trillion GDP by 2047 & Net Zero by 2070 Details
8Global Wind and solar project pipeline hits record 4.9 TW in 2025, driven by emerging economies: GEM Details
8NTPC Green energy commissions 14.43 MW solar capacity at Khavda-I project in Gujarat Details
8Meet the ‘next Waaree’: 2 hidden solar small-caps for your watchlist Details
8INOXAP commissions a PESO-licensed large package warehouse for specialty gases, at Tirunelveli Details
8PM Surya Ghar scheme: 5-day solar awareness camps in city begin today Details
8Rs 200 trillion investment: Tata Power and 7 stocks that will benefit from the national electricity policy Details
8Adani electricity marks road safety month with safety Oath Details
8India’s solar capacity crosses 140 GW, drives renewable energy growth into 2026 Details
8Ceigall India secures Rs 1,700 Crore solar and BESS project at Morena solar park Details
8SEIL Energy bags top honours at national power gen water management awards Details
8IES taskforce releases version 0.3 strategy & architecture documents Details
8India plans 97 GW new coal, lignite-based power capacity to meet rising demand Details
8Euler Motors ties up with Jio-bp to expand EV charging infra Details
8REC Limited wins ICC green urja, energy efficiency gold award Details
8India domestic coal growth cuts import Reliance Details
You can also click on Newsclips for more Details
Rs. 254 crore award resets the pricing floor for GeM-based mining services
Feb 09:
8A Rs. 254 crore award has landed far below the rest of the competitive band, creating a 28–32% pricing gap in a risk-heavy mining services package.
Details
OCM outsourcing tender: Quietly shifts production risk
Feb 09:
8This OCM tender looks like a routine handling-and-transport package, but it is actually a bundled production outsourcing contract.
Details
This GIS scope collapses substation and line energisation into one 18-month taking-over clock
Feb 09:
8The schedule is written as if GIS, civil works, and transmission lines share the same critical path. In reality, they don’t — and that mismatch is where claims are born.
8And the utility has made the contractor own the integration risk without explicitly saying so. Details
8And the utility has made the contractor own the integration risk without explicitly saying so. Details
Kerala state electricity awards Rs. 674 crore turnkey distribution package
Feb 09:
8KSEB has awarded the turnkey distribution infrastructure package at an aggregate value of Rs 674 crore.
8The tender attracted only two bidders through the technical stage, narrowing competitive price discovery in a high-value turnkey format.
8The BOQ-wise outcome indicates a controlled pricing contest rather than an aggressive undercut. Details
8The tender attracted only two bidders through the technical stage, narrowing competitive price discovery in a high-value turnkey format.
8The BOQ-wise outcome indicates a controlled pricing contest rather than an aggressive undercut. Details
Solar locks 1200 MW of firm solar-storage capacity under ISTS-XXI
Feb 09:
8Solar award compresses solar-plus-storage pricing into a band once reserved for plain solar.
8Only one-fifth of offered capacity survives the tariff guillotine.
8The real test now shifts from bidding rooms to construction sites and balance sheets. Details
8Only one-fifth of offered capacity survives the tariff guillotine.
8The real test now shifts from bidding rooms to construction sites and balance sheets. Details
Thermal, hydro, pumped storage, solar, wind, BESS and T&D contract related activities of the day
Storage classification triggers legal alarm
Feb 09:
8This utility argues that energy storage has no statutory identity under the Electricity Act and folding it into existing asset categories is described as legally unsound.
Click on Details for more Details
Click on Details for more Details
Utility challenges CERC’s depreciation timeline for battery storage
Feb 09:
8Shorter financial recovery periods could deter private investment.
Click on Details for more Details
Click on Details for more Details
Battery ageing enters tariff battlefield
Feb 09:
8Generators argue that ignoring degradation distorts both performance metrics and financial recovery.
Click on Details for more Details
Click on Details for more Details
CEA stays neutral on tariff draft but flags hydro definition gap
Feb 09:
8The authority’s silence on broader provisions contrasts with its precise technical insertion.
Click on Details for more Details
Click on Details for more Details
Kerala: Utility braces for retirement surge exceeding 1,000 employees
Feb 09:
8The scale signals demographic turnover inside the organisation.
Click on Details for more Details
Click on Details for more Details
Telangana: Market purchases double approved benchmark cost
Feb 09:
8The regulatory question now is whether price volatility qualifies as uncontrollable. The decision will shape future market reliance norms.
Click on Details for more Details
Click on Details for more Details
CERC vs. Powergrid-I: There are many fault lines
Feb 09:
1) Regulator reopens capitalisation claims from previous tariff block for solar transmission case
8Past approvals are not being treated as automatic precedents.
2) Regulator demands proof behind transmission cost escalation
8CERC has formally acknowledged that the Eastern Region Expansion Scheme project experienced cost overrun and has asked the utility to clarify whether revised cost approval is underway.
3) CERC tightens scrutiny on PGCIL solar interconnection transmission tariff claim
8Time overrun explanations and potential liquidated damages adjustments have become central risk variables.
4) Regulator demands loan-level interest proof for tariff approval
8CERC has asked Powergrid to disclose exact floating interest rates sourced from its loan compendium.
5) Regulator seeks appeal status of Tehri PSP before clearing transmission cost claims
8The regulatory rationale for linking appeal status to tariff approval is not explicitly stated.
6) CERC intensifies cost and delay scrutiny on Rajasthan REZ transmission project
8The broader signal points to a tightening regulatory stance on renewable transmission infrastructure cost validation.
7) CERC tightens scrutiny on Powergrid tariff claims for eastern split-bus assets
8The Central Electricity Regulatory Commission has escalated data scrutiny in Powergrid’s transmission tariff filing covering both the 2019–24 truing-up cycle and the 2024–29 control period.
8) Regulator questions capital cost trail for seven PowerGrid telecom transmission assets
8The scrutiny spans both the 2019-24 and 2024-29 tariff periods and beneficiaries may face tariff uncertainty if cost recognition is delayed.
9) Regulator demands loan computation transparency from Powergrid NE transmission tariffs
8The directive raises the compliance bar for tariff filings as transmission financiers and auditors are indirect stakeholders.
10) Regulator demands ACE breakdown before tariff approval moves ahead for Powergrid OPGW tariff petition
8Transmission licensees now face tighter validation on post-commissioning expenditure and financial closure for minor communication assets may slow.
11) CERC flags cost, delay, and financing gaps in Nalagarh ICT tariff case
8Revised capital cost, interest during construction, and liability schedules have been placed under direct scrutiny.
12) CERC flags delay scrutiny in solar-linked transmission tariff case
8Power Grid has been asked to justify time overruns and provide detailed financing cost disclosures before tariff determination proceeds.
13) CERC halts tariff scrutiny pending cost, IDC and delay disclosures in this interstate transmission project
8The directive targets assets linked to renewable generator connectivity at Bikaner-II, a node central to Rajasthan’s green power evacuation corridor.
14) CERC flags cost escalation risks in Powergrid’s North East communication tariff petition
8Beneficiaries and regional utilities could face delayed tariff certainty if responses are deemed insufficient.
15) Regulator demands loan-wise interest workings for Northern Region fibre-optic strengthening scheme
8This shifts scrutiny directly onto financing assumptions underlying capital cost recovery.
16) CERC flags cost overrun in Powergrid’s Hosur ICT tariff petition
8This is after noting an overrun against earlier financial approvals for the 2024–29 control period.
Click on Details for more Details
8Past approvals are not being treated as automatic precedents.
2) Regulator demands proof behind transmission cost escalation
8CERC has formally acknowledged that the Eastern Region Expansion Scheme project experienced cost overrun and has asked the utility to clarify whether revised cost approval is underway.
3) CERC tightens scrutiny on PGCIL solar interconnection transmission tariff claim
8Time overrun explanations and potential liquidated damages adjustments have become central risk variables.
4) Regulator demands loan-level interest proof for tariff approval
8CERC has asked Powergrid to disclose exact floating interest rates sourced from its loan compendium.
5) Regulator seeks appeal status of Tehri PSP before clearing transmission cost claims
8The regulatory rationale for linking appeal status to tariff approval is not explicitly stated.
6) CERC intensifies cost and delay scrutiny on Rajasthan REZ transmission project
8The broader signal points to a tightening regulatory stance on renewable transmission infrastructure cost validation.
7) CERC tightens scrutiny on Powergrid tariff claims for eastern split-bus assets
8The Central Electricity Regulatory Commission has escalated data scrutiny in Powergrid’s transmission tariff filing covering both the 2019–24 truing-up cycle and the 2024–29 control period.
8) Regulator questions capital cost trail for seven PowerGrid telecom transmission assets
8The scrutiny spans both the 2019-24 and 2024-29 tariff periods and beneficiaries may face tariff uncertainty if cost recognition is delayed.
9) Regulator demands loan computation transparency from Powergrid NE transmission tariffs
8The directive raises the compliance bar for tariff filings as transmission financiers and auditors are indirect stakeholders.
10) Regulator demands ACE breakdown before tariff approval moves ahead for Powergrid OPGW tariff petition
8Transmission licensees now face tighter validation on post-commissioning expenditure and financial closure for minor communication assets may slow.
11) CERC flags cost, delay, and financing gaps in Nalagarh ICT tariff case
8Revised capital cost, interest during construction, and liability schedules have been placed under direct scrutiny.
12) CERC flags delay scrutiny in solar-linked transmission tariff case
8Power Grid has been asked to justify time overruns and provide detailed financing cost disclosures before tariff determination proceeds.
13) CERC halts tariff scrutiny pending cost, IDC and delay disclosures in this interstate transmission project
8The directive targets assets linked to renewable generator connectivity at Bikaner-II, a node central to Rajasthan’s green power evacuation corridor.
14) CERC flags cost escalation risks in Powergrid’s North East communication tariff petition
8Beneficiaries and regional utilities could face delayed tariff certainty if responses are deemed insufficient.
15) Regulator demands loan-wise interest workings for Northern Region fibre-optic strengthening scheme
8This shifts scrutiny directly onto financing assumptions underlying capital cost recovery.
16) CERC flags cost overrun in Powergrid’s Hosur ICT tariff petition
8This is after noting an overrun against earlier financial approvals for the 2024–29 control period.
Click on Details for more Details
Company Updates
Feb 09:
Siemens Limited’s Smart Infrastructure segment drove results while Mobility margins stayed thin.
8That means Siemens’ profitability is increasingly concentrated in Smart Infrastructure rather than broadly distributed across divisions. Click on Details for more.
Azad India Mobility Limited’s quarterly sales rebound still sits far below last year’s base.
8If the company cannot re-expand toward that earlier revenue level, profitability improvements risk becoming a low-base optical effect rather than a durable operating reset.
CESC: Generation falls 4% while power purchase rises, shifting the profit mix away from owned supply.
8This means more of the unit economics may be coming from bought power rather than owned generation, which can alter margin stability depending on procurement terms and regulatory pass-through.
GMR Power and Urban Infra’s GKEL fair value depends on dispute settlements and expansion assumptions, not disclosed performance proof".
8That means a meaningful portion of “value” is effectively a bet on claim resolution and operational ramp-up, which are both execution- and adjudication-dependent.
Auditor’s internal control warning undermines Om Infra Limited’s claim of stable execution discipline.
8This means the company’s accounting systems are being questioned at the same time it reports improved quarterly profitability.
"Solarworld Energy Solutions goes to Delhi High Court after SGEL contract suspension and conditional bank guarantee invocation".
8That means the counterparty relationship has moved from execution friction into a court-protection phase, which usually reflects a breakdown in commercial resolution.
Zelio E-Mobility denies any undisclosed trigger behind the share price move.
8It states there is no event or information, including any impending announcement, that may have a bearing on the price or volume movement.
Indian Renewable Energy Development Agency Limited’s Rs 2,994 crore QIP plan caps government dilution at 3.76%
8That means the capital-raise structure is being engineered around ownership optics as much as balance-sheet funding.
Waaree Renewable Technologies Limited’s bank loans get ‘rating watch’ tag .
8That means the market is being told the rating outcome is in flux, with a developing trigger that is not described in the exchange filing.
G R Infraprojects Limited’s profit rose, but the quarter’s tax bill jumped even faster.
8That means the post-tax outcome is materially more fragile than the pre-tax headline implies because a tax swing can erase a meaningful portion of net profit.
Bajel Projects Limited won a ?400 crore order .
8The scope is heavy on 765 kV line construction, which can turn into a right-of-way risk story
ACME Solar Holdings Limited highlights AA- rating for subsidiary debt, not parent balance-sheet strength .
8That means the credit headline is structurally ring-fenced inside one project SPV rather than reflecting consolidated leverage comfort.
Union Budget language drives the merger narrative, while the filing avoids the word ‘timeline’ entirely.
8The catalyst is not a deal document, but a budget speech line that the board treats as a trigger.
Torrent Power adds a Rs 2,000 crore NCD programme, but the filing reads like a reaffirmation note.
8That means the credit signal is stability, while the incremental news is capacity to raise more long-term debt under an unchanged rating band.
ACME Solar Holdings Limited announced a 301 MW FDRE win.
8The bid requires delivery of 4 MWh per MW during non-solar hours with 70% monthly and 85% annual availability obligations.
Star Delta Transformers Limited’s ?53.3 crore revenue hides that profit fell 48% sequentially.
8It means the operational narrative is fragile because higher sales did not protect earnings momentum.
HBL Engineering Limited’s Q3 revenue fell 28% sequentially, turning last quarter’s surge into a fade.
8That means the headline narrative is not “momentum” but volatility, with earnings power swinging by quarter even as the company keeps reporting profits.
Quality Power Electrical Equipments Limited claims ‘no deviation’ while deferring capex and M&A timelines.
8That means compliance is being defined narrowly as “not changing objects,” while execution slippage is still occurring in the use-of-proceeds plan.
Ujaas Energy Limited tells exchanges price movement is ‘market-driven’ and denies any undisclosed event".
8 It states it has not withheld any material information that would have a bearing on the price or volume of its shares and attributes the movement to market conditions.
Sarda Energy & Minerals Limited’s Q3 profit fell 42% sequentially despite a ‘resilient’ press release tone.
8That means the core quarterly signal is contraction, not resilience, and the narrative is doing more work than the numbers
Details
8That means Siemens’ profitability is increasingly concentrated in Smart Infrastructure rather than broadly distributed across divisions. Click on Details for more.
Azad India Mobility Limited’s quarterly sales rebound still sits far below last year’s base.
8If the company cannot re-expand toward that earlier revenue level, profitability improvements risk becoming a low-base optical effect rather than a durable operating reset.
CESC: Generation falls 4% while power purchase rises, shifting the profit mix away from owned supply.
8This means more of the unit economics may be coming from bought power rather than owned generation, which can alter margin stability depending on procurement terms and regulatory pass-through.
GMR Power and Urban Infra’s GKEL fair value depends on dispute settlements and expansion assumptions, not disclosed performance proof".
8That means a meaningful portion of “value” is effectively a bet on claim resolution and operational ramp-up, which are both execution- and adjudication-dependent.
Auditor’s internal control warning undermines Om Infra Limited’s claim of stable execution discipline.
8This means the company’s accounting systems are being questioned at the same time it reports improved quarterly profitability.
"Solarworld Energy Solutions goes to Delhi High Court after SGEL contract suspension and conditional bank guarantee invocation".
8That means the counterparty relationship has moved from execution friction into a court-protection phase, which usually reflects a breakdown in commercial resolution.
Zelio E-Mobility denies any undisclosed trigger behind the share price move.
8It states there is no event or information, including any impending announcement, that may have a bearing on the price or volume movement.
Indian Renewable Energy Development Agency Limited’s Rs 2,994 crore QIP plan caps government dilution at 3.76%
8That means the capital-raise structure is being engineered around ownership optics as much as balance-sheet funding.
Waaree Renewable Technologies Limited’s bank loans get ‘rating watch’ tag .
8That means the market is being told the rating outcome is in flux, with a developing trigger that is not described in the exchange filing.
G R Infraprojects Limited’s profit rose, but the quarter’s tax bill jumped even faster.
8That means the post-tax outcome is materially more fragile than the pre-tax headline implies because a tax swing can erase a meaningful portion of net profit.
Bajel Projects Limited won a ?400 crore order .
8The scope is heavy on 765 kV line construction, which can turn into a right-of-way risk story
ACME Solar Holdings Limited highlights AA- rating for subsidiary debt, not parent balance-sheet strength .
8That means the credit headline is structurally ring-fenced inside one project SPV rather than reflecting consolidated leverage comfort.
Union Budget language drives the merger narrative, while the filing avoids the word ‘timeline’ entirely.
8The catalyst is not a deal document, but a budget speech line that the board treats as a trigger.
Torrent Power adds a Rs 2,000 crore NCD programme, but the filing reads like a reaffirmation note.
8That means the credit signal is stability, while the incremental news is capacity to raise more long-term debt under an unchanged rating band.
ACME Solar Holdings Limited announced a 301 MW FDRE win.
8The bid requires delivery of 4 MWh per MW during non-solar hours with 70% monthly and 85% annual availability obligations.
Star Delta Transformers Limited’s ?53.3 crore revenue hides that profit fell 48% sequentially.
8It means the operational narrative is fragile because higher sales did not protect earnings momentum.
HBL Engineering Limited’s Q3 revenue fell 28% sequentially, turning last quarter’s surge into a fade.
8That means the headline narrative is not “momentum” but volatility, with earnings power swinging by quarter even as the company keeps reporting profits.
Quality Power Electrical Equipments Limited claims ‘no deviation’ while deferring capex and M&A timelines.
8That means compliance is being defined narrowly as “not changing objects,” while execution slippage is still occurring in the use-of-proceeds plan.
Ujaas Energy Limited tells exchanges price movement is ‘market-driven’ and denies any undisclosed event".
8 It states it has not withheld any material information that would have a bearing on the price or volume of its shares and attributes the movement to market conditions.
Sarda Energy & Minerals Limited’s Q3 profit fell 42% sequentially despite a ‘resilient’ press release tone.
8That means the core quarterly signal is contraction, not resilience, and the narrative is doing more work than the numbers
Details
Contracting news for the day: Part-1
Feb 09:
HPSEBL extends RDSS Shimla circle distribution tenders to 10 Feb, resetting the bid clock
8The move is not just a calendar tweak — it reshapes bidder pricing discipline and participation dynamics in a terrain-heavy EPC package.
Resource adequacy consulting tender tightens technical gates but exposes EMD contradictions
8JERC’s resource adequacy tender is structured like a regulatory production contract, not a standard consulting engagement.
HVPNL extends bid deadline for 132 kV line re-alignment linked to integrated aviation hub at Hisar
8HVPNL has pushed the bid deadline for the Hisar 132 kV line shifting package without changing a single commercial term.
Double bid extension tightens the spotlight on MGR manpower economics
8The owner has extended this GeM tender twice, but the real story sits inside the scope packaging.
8What looks like facility management is structurally a coal logistics operations manpower contract with consumables pushed onto the contractor.
30 MW/75 MWh BESS tender quietly shifts storage from EPC procurement to a financing-and-performance contract
8The bid is being sold as a tariff tender, but its real weapon is the VGF release structure.
8The project forces bidders to finance and operate like an IPP while still carrying grid-integration liabilities like an EPC contractor.
8The clauses look standard until you map where cash actually unlocks. Details
8The move is not just a calendar tweak — it reshapes bidder pricing discipline and participation dynamics in a terrain-heavy EPC package.
Resource adequacy consulting tender tightens technical gates but exposes EMD contradictions
8JERC’s resource adequacy tender is structured like a regulatory production contract, not a standard consulting engagement.
HVPNL extends bid deadline for 132 kV line re-alignment linked to integrated aviation hub at Hisar
8HVPNL has pushed the bid deadline for the Hisar 132 kV line shifting package without changing a single commercial term.
Double bid extension tightens the spotlight on MGR manpower economics
8The owner has extended this GeM tender twice, but the real story sits inside the scope packaging.
8What looks like facility management is structurally a coal logistics operations manpower contract with consumables pushed onto the contractor.
30 MW/75 MWh BESS tender quietly shifts storage from EPC procurement to a financing-and-performance contract
8The bid is being sold as a tariff tender, but its real weapon is the VGF release structure.
8The project forces bidders to finance and operate like an IPP while still carrying grid-integration liabilities like an EPC contractor.
8The clauses look standard until you map where cash actually unlocks. Details
Contracting news for the day: Part-2
Feb 09:
This composite tender hard-filters bidders with Rs 8.84 crore EMD and tight turnkey interface risk
8The contract quietly shifts commissioning risk by bundling 400 kV evacuation works and 132 kV mixed OH-UG execution into a single turnkey accountability frame.
MSETCL hardens the TBCB playbook with pre-bid tie-ups for the Balsane AIS project
8MSETCL is quietly changing how risk enters the tariff equation.
8The Balsane AIS project forces bidders to lock execution logic before price discovery.
8This single notice could reshape who wins — and who even dares to bid.
400 kv GIS extension tender ties Navi Mumbai ICT augmentation to 1100 MW connectivity push
8The tender looks standard on the surface, but the real risk will sit in outage sequencing, interface scope, and commissioning accountability.
9th re-tender for 50 MVA augmentation exposes persistent execution-risk mismatch
8The transformer is client-supplied, but the contractor still carries the highest-liability segment: energisation, bay integration, and commissioning at two substations.
KSEB’s 20 mva transformer tender tightens delivery control and shifts logistics risk onto OEMs
8KSEB’s latest 20 mva transformer package is not just a supply order — it is a 19-month production programme disguised as a tender.
8The real filters are buried in the delivery logic, banking exposure, and the DSC test gate that quietly separates mature OEMs from everyone else. Details
8The contract quietly shifts commissioning risk by bundling 400 kV evacuation works and 132 kV mixed OH-UG execution into a single turnkey accountability frame.
MSETCL hardens the TBCB playbook with pre-bid tie-ups for the Balsane AIS project
8MSETCL is quietly changing how risk enters the tariff equation.
8The Balsane AIS project forces bidders to lock execution logic before price discovery.
8This single notice could reshape who wins — and who even dares to bid.
400 kv GIS extension tender ties Navi Mumbai ICT augmentation to 1100 MW connectivity push
8The tender looks standard on the surface, but the real risk will sit in outage sequencing, interface scope, and commissioning accountability.
9th re-tender for 50 MVA augmentation exposes persistent execution-risk mismatch
8The transformer is client-supplied, but the contractor still carries the highest-liability segment: energisation, bay integration, and commissioning at two substations.
KSEB’s 20 mva transformer tender tightens delivery control and shifts logistics risk onto OEMs
8KSEB’s latest 20 mva transformer package is not just a supply order — it is a 19-month production programme disguised as a tender.
8The real filters are buried in the delivery logic, banking exposure, and the DSC test gate that quietly separates mature OEMs from everyone else. Details
Regulatory Updates: Part I
Feb 09:
1) GERC freezes wind PPA cost dispute pending Supreme Court curative verdict
8The case also highlights how curative proceedings at the national level can stall state-level regulatory enforcement.
2) Gujarat regulator shuts down capacitor billing plea on jurisdiction grounds
8The decision signals a tightening of procedural discipline and a rejection of attempts to convert regulatory forums into public-interest grievance platforms.
3) Wind industry body withdraws GERC connectivity challenge after new procedure approval
8For renewable developers, the spotlight now moves to how the new connectivity regime will be interpreted and contested in future forums.
4) GERC closes hybrid tariff petition after earlier framework already settled issue
8It also signals that transitional gaps between policy announcements and tariff notifications will not automatically justify interim commissioning rights.
5) Regulator shuts down legacy solar tariff claim after Supreme Court precedent
8The decision reinforces judicial finality in tariff interpretation disputes. For legacy renewable projects, it signals that post-judgment revival attempts face steep legal barriers.
6) Chhattisgarh launches multi-year tariff reset across power value chain
8The regulatory cycle now underway will shape cost flows and tariff structures across Chhattisgarh’s electricity ecosystem for multiple years.
7) DVC: Past cost gaps return to the table
8This shifts the debate from just future projections to legacy financial performance as consumers could see delayed cost adjustments surface in upcoming orders.
8) Regulator begins cost true-up for past Tata utility operations
8The outcome will decide whether utilities recover shortfalls or return excess collections.
9) Regulator opens last consultation gate before tariff rule rewrite
8Generators, transmission licensees, and bulk consumers now face a narrow window to defend cost recovery positions.
10) UPPCL warns revised norms may weaken DISCOM cost recovery
8The utility argues this would strain already fragile state distribution finances.
11) Utility challenges storage tariff framework, seeks tighter regulatory control
8A major state utility has questioned the legal and financial architecture proposed for integrating energy storage into India’s central tariff framework.
12) Legacy control systems enter fresh tariff cycle
8Digital grid control infrastructure commissioned nearly a decade ago is now financially reset for another five-year period.
13) MAT-linked RoE shield protects transmission returns
8Despite capital corrections, return on equity remains insulated through tax gross-up using notified MAT rates and this preserves investor returns irrespective of tax regime variability.
14) Delay shadow hangs over RE transmission build-out in Rajasthan
8This timing shift raises regulatory focus on whether cost overrun justifications will hold as beneficiary utilities now face tariff flows tied to delayed infrastructure.
15) Regulator wipes out delay risk for NER assets
8The Commission ruled there was no time overrun in the commissioning of all three assets and this removes exposure to delay-linked cost disallowance.
Click on Details for more Details
8The case also highlights how curative proceedings at the national level can stall state-level regulatory enforcement.
2) Gujarat regulator shuts down capacitor billing plea on jurisdiction grounds
8The decision signals a tightening of procedural discipline and a rejection of attempts to convert regulatory forums into public-interest grievance platforms.
3) Wind industry body withdraws GERC connectivity challenge after new procedure approval
8For renewable developers, the spotlight now moves to how the new connectivity regime will be interpreted and contested in future forums.
4) GERC closes hybrid tariff petition after earlier framework already settled issue
8It also signals that transitional gaps between policy announcements and tariff notifications will not automatically justify interim commissioning rights.
5) Regulator shuts down legacy solar tariff claim after Supreme Court precedent
8The decision reinforces judicial finality in tariff interpretation disputes. For legacy renewable projects, it signals that post-judgment revival attempts face steep legal barriers.
6) Chhattisgarh launches multi-year tariff reset across power value chain
8The regulatory cycle now underway will shape cost flows and tariff structures across Chhattisgarh’s electricity ecosystem for multiple years.
7) DVC: Past cost gaps return to the table
8This shifts the debate from just future projections to legacy financial performance as consumers could see delayed cost adjustments surface in upcoming orders.
8) Regulator begins cost true-up for past Tata utility operations
8The outcome will decide whether utilities recover shortfalls or return excess collections.
9) Regulator opens last consultation gate before tariff rule rewrite
8Generators, transmission licensees, and bulk consumers now face a narrow window to defend cost recovery positions.
10) UPPCL warns revised norms may weaken DISCOM cost recovery
8The utility argues this would strain already fragile state distribution finances.
11) Utility challenges storage tariff framework, seeks tighter regulatory control
8A major state utility has questioned the legal and financial architecture proposed for integrating energy storage into India’s central tariff framework.
12) Legacy control systems enter fresh tariff cycle
8Digital grid control infrastructure commissioned nearly a decade ago is now financially reset for another five-year period.
13) MAT-linked RoE shield protects transmission returns
8Despite capital corrections, return on equity remains insulated through tax gross-up using notified MAT rates and this preserves investor returns irrespective of tax regime variability.
14) Delay shadow hangs over RE transmission build-out in Rajasthan
8This timing shift raises regulatory focus on whether cost overrun justifications will hold as beneficiary utilities now face tariff flows tied to delayed infrastructure.
15) Regulator wipes out delay risk for NER assets
8The Commission ruled there was no time overrun in the commissioning of all three assets and this removes exposure to delay-linked cost disallowance.
Click on Details for more Details
Regulatory Upadate: Part II
Feb 09:
81) Bihar SLDC filing moves to “reserved order” stage after Patna hearing on 6 February 2026 Click on Details for more
82) Bihar Commission reserves decision on BSPTCL’s FY2026-27 transmission tariff and ARR petition Click on Details for more
83) Bihar RE generic tariff for FY2025-26 heads to final order after only BSMA files comments Click on Details for more
84) BSHPCL true-up for FY2016-18 hits “readable annexure” gate as Bihar Commission reserves decision Click on Details for more
85) SBPDCL gets 15 Feb deadline to answer Rs 0.35/unit hike objections as Bihar tariff hearing closes Click on Details for more
86) Bihar tariff record reserves order but mandates NBPDCL response loop on objections by 15 February 2026 Click on Details for more
87) Bihar clears SLDC capex plan but rings-fences R&M elements in Rs 17.75 crore project basket Click on Details for more
88) Uttarakhand regulator opens tariff consultation with four public hearings from 18–27 February 2026 Click on Details for more
89) Maharashtra State Electricity Distribution Company Limited (MSEDCL) review case sees repeated Pune objector roster in de novo hearing record Click on Details for more
810) Maharashtra State Electricity Distribution Company Limited (MSEDCL) review hearing record repeats Amravati objector list without tariff detail Click on Details for more
811) Bihar State Power Holding Company Ltd. (BSPHCL) gets 190 MW peak-power approval at Rs 4.72/kWh Click on Details for more
812) DERC cuts BSES Yamuna Power Ltd. (BYPL) PPAC claim to 2.96% for 09.02–08.05.2026 Click on Details for more
813) Bihar regulator clears BSPTCL 64-project capex plan, but locks cost scrutiny to truing-up gates Click on Details for more
814) Bihar State Power Holding Company Ltd. (BSPHCL) gets 450 MW FDRE cleared at Rs 6.74/unit, CERC adoption rider Click on Details for more Details
82) Bihar Commission reserves decision on BSPTCL’s FY2026-27 transmission tariff and ARR petition Click on Details for more
83) Bihar RE generic tariff for FY2025-26 heads to final order after only BSMA files comments Click on Details for more
84) BSHPCL true-up for FY2016-18 hits “readable annexure” gate as Bihar Commission reserves decision Click on Details for more
85) SBPDCL gets 15 Feb deadline to answer Rs 0.35/unit hike objections as Bihar tariff hearing closes Click on Details for more
86) Bihar tariff record reserves order but mandates NBPDCL response loop on objections by 15 February 2026 Click on Details for more
87) Bihar clears SLDC capex plan but rings-fences R&M elements in Rs 17.75 crore project basket Click on Details for more
88) Uttarakhand regulator opens tariff consultation with four public hearings from 18–27 February 2026 Click on Details for more
89) Maharashtra State Electricity Distribution Company Limited (MSEDCL) review case sees repeated Pune objector roster in de novo hearing record Click on Details for more
810) Maharashtra State Electricity Distribution Company Limited (MSEDCL) review hearing record repeats Amravati objector list without tariff detail Click on Details for more
811) Bihar State Power Holding Company Ltd. (BSPHCL) gets 190 MW peak-power approval at Rs 4.72/kWh Click on Details for more
812) DERC cuts BSES Yamuna Power Ltd. (BYPL) PPAC claim to 2.96% for 09.02–08.05.2026 Click on Details for more
813) Bihar regulator clears BSPTCL 64-project capex plan, but locks cost scrutiny to truing-up gates Click on Details for more
814) Bihar State Power Holding Company Ltd. (BSPHCL) gets 450 MW FDRE cleared at Rs 6.74/unit, CERC adoption rider Click on Details for more Details
UPERC Regulatory Upadate
Feb 09:
81) UPERC rejects Section 142 plea, underlines no power to quash FIRs or entertain writ petitions Click on Details for more
82) UPERC clears Ghatampur Transmission’s security package, but bars licence transfer without fresh approval Click on Details for more
83) UPERC admits KGBB Agritech’s plea to route power from Unit-2 to Unit-1, sets April hearing Click on Details for more
84) UPERC lets South East U.P. transmission firm add 233-day SCOD extension prayer, sets April hearing Click on Details for more
85) NPCL’s tariff filing moves to consultation stage; UPERC flags TVS issues and further data directions Click on Details for more
86) UPERC keeps Supply Code interpretation issue open, grants Ayesha Steel time to supplement pleadings Click on Details for more
87) UPERC demands consolidated report for 474 obligated entities, ties compliance monitoring to quarterly reports Click on Details for more
88) UPERC gives Jubilant Pharmova a final four-week window to justify Supply Code exemption against NPCL Click on Details for more
89) UPERC admits State DISCOM ARR filings, orders public notice within three working days Click on Details for more
810) UPERC admits NIDP Developers ARR petition, condones five-day delay under fees and fines regulation Click on Details for more
811) UPERC fixes 12 March hearing on Lalitpur Power Generation’s interest/carrying cost claim against UPPCL Click on Details for more
812) UPERC sets 12 March hearing on Lalitpur Power Generation’s interest/carrying cost claim on 03.06.2022 dues Click on Details for more
Details
82) UPERC clears Ghatampur Transmission’s security package, but bars licence transfer without fresh approval Click on Details for more
83) UPERC admits KGBB Agritech’s plea to route power from Unit-2 to Unit-1, sets April hearing Click on Details for more
84) UPERC lets South East U.P. transmission firm add 233-day SCOD extension prayer, sets April hearing Click on Details for more
85) NPCL’s tariff filing moves to consultation stage; UPERC flags TVS issues and further data directions Click on Details for more
86) UPERC keeps Supply Code interpretation issue open, grants Ayesha Steel time to supplement pleadings Click on Details for more
87) UPERC demands consolidated report for 474 obligated entities, ties compliance monitoring to quarterly reports Click on Details for more
88) UPERC gives Jubilant Pharmova a final four-week window to justify Supply Code exemption against NPCL Click on Details for more
89) UPERC admits State DISCOM ARR filings, orders public notice within three working days Click on Details for more
810) UPERC admits NIDP Developers ARR petition, condones five-day delay under fees and fines regulation Click on Details for more
811) UPERC fixes 12 March hearing on Lalitpur Power Generation’s interest/carrying cost claim against UPPCL Click on Details for more
812) UPERC sets 12 March hearing on Lalitpur Power Generation’s interest/carrying cost claim on 03.06.2022 dues Click on Details for more
Details
CERC vs. Powergrid-II: High stakes game
Feb 09:
1) Regulator tightens data scrutiny for AGC redundancy transmission assets
8Transmission cost recovery now hinges on documentary precision.
2) Regulator seeks fresh cost proof for Delhi substation project from Powergrid
8The demand targets legacy capital expenditure now being trued up.
3) Regulator seeks RLDC proof before recognising asset charging
8The Commission has demanded a formal RLDC charging certificate, placing operational proof at the centre of tariff admissibility for Delhi transmission assets.
4) Date discrepancy in NCT approval triggers regulatory scrutiny
8The Commission has questioned inconsistencies in the reported date of the 28th NCT meeting in Powergrid Hassan ICT tariff.
5) CERC flags data gaps in ERSS-XV tariff filing, seeks detailed financial disclosures
8The move reinforces CERC’s sharper focus on data integrity before approving multi-year transmission tariffs.
6) Regulator reopens legacy capitalisation trail tied to transmission cost recovery tied to the Rihand system
8This raises questions over whether earlier deferrals are being repeatedly rolled forward.
7) Regulator flags financial model gaps in Powergrid tariff filing for this transformer upgrade
8The regulator is signaling that spreadsheet-level traceability is now mandatory.
8) CERC halts ERSS-XIV tariff process pending fresh cost and asset disclosures
8The development underscores rising regulatory emphasis on documentation discipline in multi-year transmission cost recovery.
9) Regulator demands delay accountability in RE transmission project
8CERC has ordered Powergrid to produce detailed, activity-wise delay explanations for four transmission assets linked to renewable evacuation.
10) CERC flags data gaps in Powergrid’s Bhadla transformer tariff petition
8The move places the Bhadla pooling station upgrade under intensified regulatory scrutiny just as the sector transitions into the 2024–29 control period.
11) Regulator questions cost escalation in southern grid upgrade
8The Commission has formally acknowledged that the project cost has exceeded earlier apportioned benchmarks
12) Regulator demands dual-period financial forms for Itarsi–Dhule transmission tariff
8This suggests the Commission is validating continuity between legacy capitalisation and new control-period claims.
13) Regulator demands COD proof for key Northern transmission communication asset
8This affects capitalization timing and associated depreciation and return claims. Beneficiary utilities could see delayed cost pass-through if approval is deferred.
14) CERC halts tariff processing for Indore fault-level control scheme
8By demanding revised cost estimates, spares accounting, and delay justifications, the Commission has signaled tighter verification before capital cost recognition.
15) Delay justification becomes central fault line in Pune ICT tariff review
8The regulator is not accepting aggregated delay narratives and instead seeks activity-level scheduling evidence.
16) CERC flags data gaps in Powergrid’s western region communication upgrade tariff plea
8The Commission has demanded fresh disclosures on cost financing, construction delays, and interest calculations before it proceeds further.
17) CERC flags data gaps in Bhutan-linked transmission communication tariff case
8By calling for liability flow statements, cost forms, and justification for time overruns, the regulator is signalling heightened scrutiny over capital efficiency and schedule discipline.
18) CERC flags cost and IDC gaps in Powergrid’s ERES-XXXI tariff bid
8This indicates potential divergence between original filings and prudence expectations
Click on Details for more Details
8Transmission cost recovery now hinges on documentary precision.
2) Regulator seeks fresh cost proof for Delhi substation project from Powergrid
8The demand targets legacy capital expenditure now being trued up.
3) Regulator seeks RLDC proof before recognising asset charging
8The Commission has demanded a formal RLDC charging certificate, placing operational proof at the centre of tariff admissibility for Delhi transmission assets.
4) Date discrepancy in NCT approval triggers regulatory scrutiny
8The Commission has questioned inconsistencies in the reported date of the 28th NCT meeting in Powergrid Hassan ICT tariff.
5) CERC flags data gaps in ERSS-XV tariff filing, seeks detailed financial disclosures
8The move reinforces CERC’s sharper focus on data integrity before approving multi-year transmission tariffs.
6) Regulator reopens legacy capitalisation trail tied to transmission cost recovery tied to the Rihand system
8This raises questions over whether earlier deferrals are being repeatedly rolled forward.
7) Regulator flags financial model gaps in Powergrid tariff filing for this transformer upgrade
8The regulator is signaling that spreadsheet-level traceability is now mandatory.
8) CERC halts ERSS-XIV tariff process pending fresh cost and asset disclosures
8The development underscores rising regulatory emphasis on documentation discipline in multi-year transmission cost recovery.
9) Regulator demands delay accountability in RE transmission project
8CERC has ordered Powergrid to produce detailed, activity-wise delay explanations for four transmission assets linked to renewable evacuation.
10) CERC flags data gaps in Powergrid’s Bhadla transformer tariff petition
8The move places the Bhadla pooling station upgrade under intensified regulatory scrutiny just as the sector transitions into the 2024–29 control period.
11) Regulator questions cost escalation in southern grid upgrade
8The Commission has formally acknowledged that the project cost has exceeded earlier apportioned benchmarks
12) Regulator demands dual-period financial forms for Itarsi–Dhule transmission tariff
8This suggests the Commission is validating continuity between legacy capitalisation and new control-period claims.
13) Regulator demands COD proof for key Northern transmission communication asset
8This affects capitalization timing and associated depreciation and return claims. Beneficiary utilities could see delayed cost pass-through if approval is deferred.
14) CERC halts tariff processing for Indore fault-level control scheme
8By demanding revised cost estimates, spares accounting, and delay justifications, the Commission has signaled tighter verification before capital cost recognition.
15) Delay justification becomes central fault line in Pune ICT tariff review
8The regulator is not accepting aggregated delay narratives and instead seeks activity-level scheduling evidence.
16) CERC flags data gaps in Powergrid’s western region communication upgrade tariff plea
8The Commission has demanded fresh disclosures on cost financing, construction delays, and interest calculations before it proceeds further.
17) CERC flags data gaps in Bhutan-linked transmission communication tariff case
8By calling for liability flow statements, cost forms, and justification for time overruns, the regulator is signalling heightened scrutiny over capital efficiency and schedule discipline.
18) CERC flags cost and IDC gaps in Powergrid’s ERES-XXXI tariff bid
8This indicates potential divergence between original filings and prudence expectations
Click on Details for more Details
Market Round-up
Feb 09:
1) Liquidity vanished on two venues as real-time hit the cap
8On 2026-02-07, real-time MCP touched Rs 10,000.00/MWh at 07:00 (T29), while two other venues printed zero/blank through the same blocks.
Inference: participation concentrated into one marketplace, turning early blocks into a thin-liquidity spike zone (price cap with no offsetting depth elsewhere).
Why it matters: when liquidity fragments, a single venue’s scarcity prints become the de-facto national reference, amplifying procurement risk for intraday balancing.
2) Day-ahead lost the plot against real-time before breakfast
8On 2026-02-07 at 06:45 (T28), real-time MCP surged to Rs 9,999.32/MWh while day-ahead at the same block was Rs 4,600.01/MWh (basis +Rs 5,399.31/MWh).
Inference: the shock is intraday-specific (not “priced in” day-ahead), consistent with a sudden balancing shortfall rather than a gradual demand trend.
Why it matters: a +Rs 5.40/kWh basis is a direct cost escalator for buyers leaning on RTM to correct schedules.
3) An afternoon price floor cracked despite normal day-ahead levels
8On 2026-02-08 at 15:45 (T64), real-time MCP collapsed to Rs 188.38/MWh (Rs 0.19/kWh) while day-ahead for the same block stayed at Rs 1,767.00/MWh.
Inference: the drop looks like a localized surplus pocket (or aggressive sell bidding) that RTM cleared but DAM did not reflect at the same granularity.
Why it matters: extreme intraday downside can destabilise dispatch incentives-good for opportunistic buyers, risky for flexible generators counting on shoulder-hour revenues.
4) Real-time prices fell when volumes rose-consistently, not occasionally
8Across 2026-02-06 to 2026-02-08, real-time MCP and real-time cleared volume moved inversely in the same blocks (lag 0 correlations: ρ≈-0.43, -0.52, -0.79 by day).
Inference: higher cleared volumes coincided with lower scarcity pricing, suggesting RTM tightness was driven by “thin” periods rather than uniformly high demand.
Why it matters: risk management should watch liquidity/participation as much as demand-thin blocks can be costlier than peak blocks.
5) Renewables carried the peak, but the system still leaned on balancing
8On 2026-02-07 (solar hours 07:00–17:00), max demand met was 235,957 MW at 09:43, with wind 4,507 MW (1.91%) and solar 57,834 MW (24.51%)-total VRE 62,340 MW (26.42%).
Inference: even with VRE >26% at peak, the market still showed severe intraday stress earlier that morning, pointing to timing/ramps rather than “not enough energy.”
Why it matters: policy focus shifts from adding MWh to ensuring flexible MW-otherwise volatility survives even on “good renewable” days.
6) Pumped storage turned net-pumping even with zero peak shortage flags
8For 2026-02-08, the PSP daily report shows Peak Shortage (MW) as 0, while the Schedule(MU) line contains negative entries (net pumping) alongside positive ones.
Inference: PSP was used for energy shifting/market economics (charging during softer blocks), not as an emergency shortage plug.
Why it matters: PSP behaviour can steepen intraday spreads-supporting low-price valleys and setting up sharper peaks when discharge is reserved.
7) North thermal missed the day’s program-hydro didn’t fully cushion it
8On 2026-02-05, Northern Region thermal generation was 776.60 MU vs program 970.79 MU, while hydro was 107.50 MU vs program 115.62 MU.
Inference: the thermal shortfall is large enough that any next-day scheduling reliance would push buyers toward intraday correction, raising exposure to RTM spikes.
Why it matters: when the base slips, balancing costs rise first-and they show up as volatile intraday MCP, not as a neat monthly adjustment.
8) Coal stress showed up as “zero cover” flags at a large station
8On 2026-02-07, a 1,320 MW station line shows PLF at 0% and “Stock vis-à-vis normative” printed as 0.0, with receipt and consumption also printed as 0.0 (flagged line item).
Inference: this looks like a non-running/constraint condition with coal logistics not flowing that day-exactly the kind of hidden fragility that can spill into short-notice balancing.
Why it matters: even isolated stoppages reduce system slack; the market then prices “surprise scarcity” into a handful of blocks at punitive rates.
Click on Details for more Details
8On 2026-02-07, real-time MCP touched Rs 10,000.00/MWh at 07:00 (T29), while two other venues printed zero/blank through the same blocks.
Inference: participation concentrated into one marketplace, turning early blocks into a thin-liquidity spike zone (price cap with no offsetting depth elsewhere).
Why it matters: when liquidity fragments, a single venue’s scarcity prints become the de-facto national reference, amplifying procurement risk for intraday balancing.
2) Day-ahead lost the plot against real-time before breakfast
8On 2026-02-07 at 06:45 (T28), real-time MCP surged to Rs 9,999.32/MWh while day-ahead at the same block was Rs 4,600.01/MWh (basis +Rs 5,399.31/MWh).
Inference: the shock is intraday-specific (not “priced in” day-ahead), consistent with a sudden balancing shortfall rather than a gradual demand trend.
Why it matters: a +Rs 5.40/kWh basis is a direct cost escalator for buyers leaning on RTM to correct schedules.
3) An afternoon price floor cracked despite normal day-ahead levels
8On 2026-02-08 at 15:45 (T64), real-time MCP collapsed to Rs 188.38/MWh (Rs 0.19/kWh) while day-ahead for the same block stayed at Rs 1,767.00/MWh.
Inference: the drop looks like a localized surplus pocket (or aggressive sell bidding) that RTM cleared but DAM did not reflect at the same granularity.
Why it matters: extreme intraday downside can destabilise dispatch incentives-good for opportunistic buyers, risky for flexible generators counting on shoulder-hour revenues.
4) Real-time prices fell when volumes rose-consistently, not occasionally
8Across 2026-02-06 to 2026-02-08, real-time MCP and real-time cleared volume moved inversely in the same blocks (lag 0 correlations: ρ≈-0.43, -0.52, -0.79 by day).
Inference: higher cleared volumes coincided with lower scarcity pricing, suggesting RTM tightness was driven by “thin” periods rather than uniformly high demand.
Why it matters: risk management should watch liquidity/participation as much as demand-thin blocks can be costlier than peak blocks.
5) Renewables carried the peak, but the system still leaned on balancing
8On 2026-02-07 (solar hours 07:00–17:00), max demand met was 235,957 MW at 09:43, with wind 4,507 MW (1.91%) and solar 57,834 MW (24.51%)-total VRE 62,340 MW (26.42%).
Inference: even with VRE >26% at peak, the market still showed severe intraday stress earlier that morning, pointing to timing/ramps rather than “not enough energy.”
Why it matters: policy focus shifts from adding MWh to ensuring flexible MW-otherwise volatility survives even on “good renewable” days.
6) Pumped storage turned net-pumping even with zero peak shortage flags
8For 2026-02-08, the PSP daily report shows Peak Shortage (MW) as 0, while the Schedule(MU) line contains negative entries (net pumping) alongside positive ones.
Inference: PSP was used for energy shifting/market economics (charging during softer blocks), not as an emergency shortage plug.
Why it matters: PSP behaviour can steepen intraday spreads-supporting low-price valleys and setting up sharper peaks when discharge is reserved.
7) North thermal missed the day’s program-hydro didn’t fully cushion it
8On 2026-02-05, Northern Region thermal generation was 776.60 MU vs program 970.79 MU, while hydro was 107.50 MU vs program 115.62 MU.
Inference: the thermal shortfall is large enough that any next-day scheduling reliance would push buyers toward intraday correction, raising exposure to RTM spikes.
Why it matters: when the base slips, balancing costs rise first-and they show up as volatile intraday MCP, not as a neat monthly adjustment.
8) Coal stress showed up as “zero cover” flags at a large station
8On 2026-02-07, a 1,320 MW station line shows PLF at 0% and “Stock vis-à-vis normative” printed as 0.0, with receipt and consumption also printed as 0.0 (flagged line item).
Inference: this looks like a non-running/constraint condition with coal logistics not flowing that day-exactly the kind of hidden fragility that can spill into short-notice balancing.
Why it matters: even isolated stoppages reduce system slack; the market then prices “surprise scarcity” into a handful of blocks at punitive rates.
Click on Details for more Details
- Feb 12: India's largest coal gasification project: Financial closure done :Details
- Feb 11: Thermal, hydro, pumped storage, solar, wind, BESS and T&D contract related activities of the day:Details
- Feb 11: Contracting news for the day: Part-2:Details
- Feb 11: Contracting news for the day: Part-1:Details
- Feb 11: Power Grid secures Rs. 311 crore annual tariff win in SR–ER inter-regional strengthening project:Details
- Feb 11: Miscellaneous Update: Part II:Details
- Home |
- About Us |
- Subscription |
- Contact Us
