The IPO comprised a fresh issue of 56.88 Lakh Equity Shares with a face value of Rs 10/- through the book-building route
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The order includes renovation and modernisation of LMZ Steam Turbines of Wanakbori TPS units for heat rate (Efficiency) improvement and life extension
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The recent temperature surge has significantly pushed up power demand, with India's peak demand reaching 250 GW this year, surpassing the previous high of 243 GW recorded in September last year
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Crisil Ratings says, India touches new highs in peak power demand at 246 GW and 250 GW on 29 and 30 May, respectively.
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ML Khattar has been given charge of two ministries in the Narendra Modi-led cabinet - Power and Housing and Urban Affairs Ministries.
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The rating agency expected that the power demand in the country would grow by 5 to 6 per cent per annum over this period.
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The Rs 7,000 crore orders from Adani Power and Mirzapur Thermal Energy include the supply of equipment and supervision of erection and commissioning for a power project
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The mechanism of the Sub-Group comprising of representatives from the Ministry of Power, Ministry of Coal, Ministry of Railways and Power Generating companies is playing an effective role in maintaining an efficient supply chain
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The current heatwave, coupled with lower global spot LNG prices and a government push to prevent power supply disruptions during the election season, has boosted overall gas-fired power generation
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The healthy demand growth continued in the first two months of FY25 at over 10 per cent supported by a favourable base. The report stands validated by the record maximum power demand of 250 GW on 30 May, as declared by the Ministry of Power.
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