THERMAL POWER PLANT UTTAR PRADESH
JSW Energy Q4 Results: Cons PAT jumps 16% YoY to Rs 408 crore. Board approves Rs 10,000 crore fundraise plan
JSW Energy Q4 Results: JSW Energy announces a 16% rise in consolidated net profit for Q4FY25. Revenue also increased by 16%. The board approved raising up to Rs 10,000 crore. A dividend of Rs 2 per share is recommended. Total revenue for FY25 grew by 6%. The company aims for 30 GW generation capacity by 2030.
Assam CM visits Dhubri site for proposed thermal power plant, assures relocation support for affected families
Assam Chief Minister Himanta Biswa Sarma inspected a proposed thermal power plant site in Dhubri district, aiming to boost the state's energy self-sufficiency. The government plans to achieve a 5,000 MW thermal power generation capacity by 2035. The Assam government assured suitable rehabilitation for any displaced families and has attracted ₹77.3 billion in investment proposals.
New chip on the block: UP will host HCL-Foxconn JV
The Rs 3,706 crore HCL-Foxconn OSAT joint venture, approved by the Cabinet, will set up a semiconductor packaging facility in Jewar, Uttar Pradesh, to produce display driver chips. As India’s sixth semiconductor unit, it boosts localisation in smartphone manufacturing and marks a major milestone under the India Semiconductor Mission.
New chip on the block: Uttar Pradesh to host HCL-Foxconn JV
India's smartphone manufacturing gets a boost. HCL and Foxconn are partnering for a semiconductor assembly and test unit. The plant will be in Uttar Pradesh. It will produce display driver chips. This move supports India's localization efforts. The unit aims to meet a significant portion of India's display driver demand. Production is expected to start in 2027.
These mid-cap stocks with ‘strong buy’ & ‘buy’ recos can rally over 26%, according to analysts
With each passing night of peace on the border, the street is getting into a mode where it will look only at what matters. And that is earnings (and macro developments in a sector that will impact future earnings). Now, a factor favouring bulls today is that, unlike three months back when the street punished every company no matter how good or bad its results were, the reaction to the Q4 earnings has been stock-specific. That is, for a company that is able to deliver earnings, there is money waiting in the wings.
Tata Power looking to spend Rs 25,000 cr as capex in FY26; keen to bid for two discoms in UP: CEO
Tata Power plans a Rs 25,000 crore capital expenditure for FY26, with a focus on renewables, generation, and transmission & distribution. The company is also interested in bidding for two Uttar Pradesh discoms and is awaiting legal clarity on nuclear projects before proceeding. Tata Power will prioritize domestic demand before considering exports to the US.
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HCL-Foxconn chip plant approved: A look at six semiconductor facilities across India
Three of these semiconductor facilities are based in Sanand, Gujarat. A fourth is coming up in Dholera, Gujarat, and a fifth in Assam. The recently approved unit is being jointly built by HCL Group and Foxconn near the upcoming Jewar airport in Yamuna Expressway Industrial Development Authority (YEIDA).
Around 7 pc of India's greenhouse gas emissions from industrial boilers: Report
A recent report reveals that boilers in India's factories contribute significantly to the nation's greenhouse gas emissions and air pollution, surpassing the automobile sector in particulate matter and sulphur dioxide emissions. iFOREST proposes a "Green Boiler Mission" to promote cleaner energy sources and reduce pollution.
Cabinet clears Rs 3,706 cr HCL-Foxconn semiconductor plant in UP's Jewar
The Union Cabinet on Wednesday cleared the country’s sixth semiconductor unit—a ₹3,706 crore joint venture between HCL and Foxconn—to be set up in Jewar, Uttar Pradesh. The facility will produce display driver chips for devices such as smartphones, laptops, PCs, and vehicles.
Missiles in Lucknow, drones in Aligarh: How UP is powering India's defence future
Uttar Pradesh is advancing towards defence self-reliance with the launch of a BrahMos missile unit in Lucknow, attracting significant investments across its Defence Industrial Corridor. This corridor, spanning six cities, focuses on manufacturing missiles, ammunition, drones, and electronic warfare systems.
Some sectors & stocks become essential much after hype: 8 power stocks from different segments with upside potential of over 28%
Which is the sector that is most critical to any country's economic progress? It’s the power sector. Or so said the many companies issuing IPOs back in 2008 for their power projects (from thermal to hydro to integrated projects). A decade after the hype, most of the companies that came out with the IPOs were insolvent. They also spelt big trouble for the banking sector, topping their NPA lists. Then, in 2018, things began to change; and the change is still underway, with the sector now seeing the emergence of companies grounded in reality, not hype. Now, in the last three years, while the hype has been kept at bay, there is a rise in hope. Which is better: hype or hope?
India cuts coal imports by over 9% in FY25, saving USD 6.93 billion in forex
India's coal imports saw a significant 9.2% decrease between April 2024 and February 2025, resulting in substantial foreign exchange savings. This decline, particularly in the Non-Regulated Sector, reflects the nation's push for energy self-reliance. Increased domestic coal production and reduced imports for blending by thermal power plants are driving this positive shift.
Companies may get more time to sign PPAs under mega power policy
The move is likely to benefit at least six power plants with a total planned capacity of around 8 GW, but the capacity remaining to be tied up is around 4 GW, because PPAs have either not been signed or partially signed, according to people close to the development. The deadline for the signing of the PPAs for some projects ends in the current and next year, depending on the project and the date of import of equipment.
Coal import drop of 9.2% in Apr-Feb helps save Rs 53,138 cr in foreign exchange
India's coal imports witnessed a 9.2% decrease during April-February 2024-25, reaching 220.3 MT, resulting in substantial foreign exchange savings. Despite a rise in coal-based power generation, imports for blending by thermal plants significantly dropped by 38.8%. This reflects India's commitment to self-sufficiency through initiatives boosting domestic coal production, which grew by 5.45%.
Goa is not lab for BJP's experiments, says Congress on Centre's suggestion about nuclear plant
Opposition parties in Goa have strongly criticized the central government's suggestion to explore the feasibility of establishing a nuclear power plant in the state. Congress leaders have voiced concerns, stating that Goa should not be treated as a testing ground for potentially hazardous projects.
ReNew Power to invest Rs 22,000 crore in renewable projects in Andhra Pradesh
ReNew Power is investing Rs 22,000 crore to build India's largest renewable energy complex in Andhra Pradesh, marking its return after five years. The project includes a 1,800 MW solar plant, a 1,000 MW wind facility, and a 2 GWh battery storage system.
Clay walls, check dams and neem leaves: Rural India fights extreme heat with age-old wisdom
As India faces intense summers, rural communities in heatwave-prone states are employing traditional methods for resilience. Villagers are constructing check dams, planting native trees, and modifying daily routines to combat rising temperatures.
Adani Power rallies 7% after securing 1,500 MW contract in Uttar Pradesh
Adani Power shares: Adani Power, the country’s leading private thermal power producer, announced that it has secured a contract through competitive bidding to supply 1,500 MW (net) of thermal power at a tariff of ₹5.383 per unit.
Stocks in news: Tata Steel, Swiggy, Dr Reddy's, Cyient DLM, Thermax, Adani Power
Indian equity benchmarks faced a correction last week, influencing today's trading focus on companies like Tata Steel and Adani Power due to earnings reports and news. Dr. Reddy's reported a 22% profit increase, while Swiggy's losses nearly doubled. Canara Bank mobilized significant funds through staff efforts, and TVS Motor anticipates industry growth.
India’s defence arsenal expands as BrahMos production unit and key military projects set for inauguration in Lucknow today
India's defence capabilities receive a significant boost with the inauguration of the BrahMos missile production unit in Lucknow, part of the Uttar Pradesh Defence Industrial Corridor. This Rs 300 crore facility will manufacture the BrahMos, a supersonic cruise missile developed jointly with Russia.
Adani Power wins bid to supply 1500 MW thermal power to Uttar Pradesh
Adani Power has secured a bid to supply 1500 MW of thermal power to Uttar Pradesh, offering a competitive tariff of Rs 5.383 per unit. The company will establish a 2x800 MW ultra-supercritical power plant under a DBFOO model, with operations expected to commence by FY30. Adani Power plans to invest $2 billion in the project, generating thousands of jobs.
UP, Gujarat rush to take part(s) in electronics race
Gujarat is emerging as a hub for electronics and semiconductors with chip manufacturing and assembly plants by the likes of Micron, CG Power and Tata Electronics in various phases of development in locations such as Dholera and Sanand. Uttar Pradesh is also chalking out a plan to capitalise on the advantage that it has in the space with Noida being an important upcoming hub for electronics manufacturing.
These 13 energy sector stocks may deliver more than 27% return in one year
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CCEA approves revised SHAKTI scheme for allocation of coal to power plants
The Cabinet Committee on Economic Affairs has approved the revised SHAKTI scheme. This scheme aims to allocate coal to the power sector transparently. It will help meet both long-term and short-term coal requirements. Fresh coal linkages will be granted to thermal power plants. The scheme introduces two windows for coal linkage.
PM Modi-led Cabinet clears key reforms in skilling, IIT expansion, and coal allocation
The Union Cabinet has approved significant initiatives to bolster India's skill development, higher education, and energy security. These include upgrading ITIs and establishing skill centers, expanding five IITs to enhance research and increase student capacity, and revising the SHAKTI policy to streamline coal allocation for power plants, promoting efficiency and investment.
Assam cabinet approves thermal power policy, aims for Rs 7,730 crore investments
Assam's cabinet has approved the Assam Thermal Power Generation Product Promotion Policy 2025, aiming to attract significant investments into the thermal power sector. The state government will offer land, water, and road infrastructure to companies establishing thermal power plants, with plans to purchase power and potentially export it.
Adani Power wins bid to supply 1,500 MW electricity to UP
Adani Power has secured a 25-year contract to supply 1,500 MW of electricity to Uttar Pradesh at Rs 5.38 per unit. The Uttar Pradesh Cabinet approved the Power Purchase Agreement between UPPCL and Adani Power. This move addresses Uttar Pradesh's projected electricity demand of 10,795 MW by 2033-34.
Bangladesh owes Adani Power around $900 mn: CFO Dilip Jha
Adani Power anticipates receiving approximately USD 900 million from Bangladesh. This is for electricity supplied by the Godda Power plant. The company has billed USD 2 billion and received USD 1.207 billion. Expansion plans include a capex of Rs 13,307 crore for FY26. Adani Power assures uninterrupted power supply to Bangladesh. Lanco Amarkantak units are expected to be commissioned soon.
Coal India signs MoU with UPRVUNL to set up solar power plant in UP
Coal India Ltd (CIL) and UP Rajya Vidyut Utpadan Nigam Ltd (UPRVUNL) signed an MoU on May 5, 2025, to establish a 500 MW solar power project in Uttar Pradesh, aligning with CIL's green energy initiatives. This collaboration aims to meet Uttar Pradesh's growing energy demands and explore future opportunities.
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