County Power Financial News

Delhi Power Minister Ashish Sood has hinted at a possible rise in electricity prices, blaming it on a Rs 27,000 crore debt left by the previous AAP government with power distribution companies (Discoms) through the Delhi Electricity Regulatory Commission (DERC). Responding to a question by AAP MLA Imran Hussain in the Delhi Assembly, Sood said that Discoms have the authority to increase rates to recover the debt. He claimed that during the previous government's rule, the Delhi High Court had instructed DERC to issue a tariff order, but the administration failed to protect public interests. «The previous government has left a debt of Rs 27 thousand crores of regulatory assets with the discoms through DERC. To recover this, the companies are authorised to increase the electricity rates. During the tenure of the previous government, on the orders of the High Court, DERC was ordered to bring tariff orders,» Sood said. He added, «That government could not protect the interests of the public. In the coming time, electricity prices will rise, and perhaps some people even want this for their political gains. However, the government remains in touch with DERC and is closely monitoring the situation.»

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Mint on Friday on the sidelines of a press conference to announce a partnership with Salesforce. A supplementary power purchase agreement (SPPA) with Gujarat and other client states should happen “very quickly,” he said, declining to elaborate further.The ultra mega power project in the coastal town has been shut since July 2025 amid disagreements with client states—Gujarat, Rajasthan, Maharashtra, Punjab, and Haryana—over the pass through of the high cost of Indonesian coal.Analysts at brokerage IIFL say a combination of rising power demand ahead of summer and the possibility of higher fuel prices due to the war in West Asia could strengthen Tata Power’s negotiating position this time.

IPO-bound Singapore’s Sembcorp Industries Ltd’s Indian renewable energy business and Hexa Climate Solutions are vying to acquire the entire India renewable business of Italy’s Enel Group in a deal having an equity and enterprise value of around $100 million and $300 million, respectively, according to two people aware of the development. Sembcorp is present in India throughSembcorp India Private Limited and Sembcorp Green Infra Ltd (SGIL) along with other subsidiaries., while Hexa is backed by I Squared Capital.The HSBC-run sale process follows a deal signed last year—which later fell through—under which Waaree Energies Ltd had agreed to buy 100% of Enel Green Power India Pvt Ltd (EGP India) from its parent Enel Green Power Development S.R.L.

Subscribe to enjoy similar stories. India’s benchmark indices ended a turbulent week with modest gains on Friday, but sharp swings driven by global cues and a spike in crude oil prices kept investors on the edge. The Nifty 50 closed at 25,571.25, while the BSE Sensex settled at 82,814.70, both rising around 0.4% on Friday.

Subscribe to enjoy similar stories. Torrent Power Ltd continues to scale its coal-based portfolio. The recent acquisition of Nabha Power Ltd, a subsidiary of Larsen & Toubro Ltd, comes at a time when other power producers are also increasing their coal-based capacities to meet rising electricity demand.

Subscribe to enjoy similar stories. Artificial Intelligence (AI)-led data center expansion is emerging as a structural demand driver across several industrial sectors, including power, clean energy and high-precision manufacturing. While the opportunity in India remains relatively small, the global market is already large and growing quickly, led by the US.

Energy Development Company Ltd.(up 1.83%) and Adani Power Ltd.(up 0.70%) stood among the top gainers.

Sensex and Nifty50, traded higher on Wednesday, led by gains in IT and banking stocks, as investors awaited U.S. President Donald Trump's latest round of tariffs. At 9:37 am, the BSE Sensex was up 426 points, or 0.56%, at 76,451, while the Nifty50 gained 123 points, or 0.53%, to trade at 23,289.

Chinese equities this week — the largest weekly inflow since October 2024 — as blockbuster rallies in electric vehicle giant BYD and Chinese AI firms reignited confidence in China’s market rebound, driving global fund managers to ramp up their bets on Asia’s biggest economy.

KEC International Ltd.(up 6.04%), Transformers & Rectifiers(India)Ltd.(up 4.48%), Hitachi Energy India Ltd.(up 3.88%), Indowind Energy Ltd.(up 2.54%), Suzlon Energy Ltd.(up 2.53%), KPI Green Energy Ltd.(up 2.41%), Indo Tech Transformers Ltd.(up 2.38%), Adani Green Energy Ltd.(up 2.35%), Adani Energy Solutions Ltd.(up 2.03%) and GE Vernova T&D India Ltd.(up 2.01%) were among the top gainers.

Adani Green Energy Ltd.(up 2.37%), ACME Solar Holdings Ltd.(up 1.86%), Suzlon Energy Ltd.(up 1.36%), GE Power India Ltd.(up 1.28%), Inox Wind Energy Ltd.(up 0.89%), Energy Development Company Ltd.(up 0.76%), PTC India Ltd.(up 0.58%), NTPC Ltd.(up 0.54%), Ravindra Energy Ltd.(up 0.22%) and Power Grid Corporation of India Ltd.(up 0.21%) stood among the top gainers.

Beyoncé, known for her powerful performances in films such as Cadillac Records and Dreamgirls, has taken a break from acting.

Jaiprakash Power Ventures Ltd.(up 4.26%), NTPC Green Energy Ltd.(up 3.02%), Energy Development Company Ltd.(up 2.29%), Jyoti Structures Ltd.(up 2.08%), KEC International Ltd.(up 1.64%), India Power Corporation Ltd.(up 1.59%), NLC India Ltd.(up 1.43%), Tata Power Company Ltd.(up 1.23%), Kalpataru Projects International Ltd.(up 1.22%) and Karma Energy Ltd.(up 0.99%) were among the top gainers.

Tata Power will be in focus on Friday after announcing their partnership with Amazon Web Services to embark on a data-driven transformation to accelerate the country’s energy transition. “Tata Power- one of India’s largest integrated power companies with presence across T&D, Generation, Trading, Renewables (including Manufacturing), and Energy as a Service (EaaS) — has embarked on a data-driven transformation with Amazon Web Services (AWS) to accelerate the country’s transition to a greener, smarter, and more consumer-centric energy ecosystem,” Tata Power informed via a regulatory filing.

buy call on Adani Energy Solutions with a lowered target price of Rs 1,101 (Rs 1,318 earler). The current market price of Adani Energy is Rs 737.2. Adani Energy, incorporated in 2013, is a Large Cap company with a market cap of Rs 88276.25 crore, operating in the Power sector.

U.S. President Donald Trump says he will cut all funding to South Africa over what he called a massive human rights violation

Subscribe to enjoy similar stories. Delhi: The main road of Karawal Nagar, in the northeast part of the national capital, albeit wide, is congested, crowded and chaotic. Lined with kiosks, paan stalls and thelas (carts) on both sides, and a row of bylanes that lead into housing colonies, the area is a marriage of the commercial and residential.

Jyoti Structures Ltd.(up 9.97%), KPI Green Energy Ltd.(up 5.00%) and Ravindra Energy Ltd.(up 0.23%) stood among the top gainers.

buy call on NTPC with a target price of Rs 430 (Rs 495 earlier). The current market price of NTPC is Rs 319.9. NTPC, incorporated in 1975, is a Large Cap company with a market cap of Rs 310390.28 crore, operating in the Power sector. NTPC's key products/revenue segments include Generation Of Electricity, Other Operating Revenue, Consultancy Income and Lease Rentals for the year ending 31-Mar-2024.

Adani Power (APL) stock, domestic brokerage firm Ventura Securities has given a ‘buy’ rating and set a target price of Rs 806. According to Ventura Securities, APL stands out as one of the largest, fastest-growing, and operationally efficient companies. The upside potential as stated above is from the stock’s present share price at Rs 513.