Tata Power plans to enhance thermal power capacity through acquisitions and expansions, reversing its shift from coal. Despite earlier commitments to clean energy, the move stems from muted returns on wind projects and the global rise of coal power. Tata Power, now retargets additional thermal assets for better energy security and profitable returns.

Power distribution companies in India could generate around Rs 4.0 lakh crore in additional revenue over the next seven years by installing smart meters. The installation goal of 25 crore smart meters may be missed by 2026. Increased billing and collection efficiencies could further improve the financial health of the power sector.

India will manufacture five indigenous small modular reactors with private sector involvement to boost its nuclear energy program, aiming for 100 GW by 2047. The initiative addresses the growing energy needs, focuses on environmentally friendly solutions, and collaborates with France and the US. Rs 20,000 crore has been allocated for five small breeder reactors.

Adani Energy Solution Ltd has signed a Share Purchase Agreement to acquire Mahan Transmission Ltd, a Rs 2,200-crore intra-state transmission project. The project aims to establish substations and transmission lines to support power evacuation from Adani Power’s expansion unit in Madhya Pradesh, enhancing industrial growth and transmission reliability by April 2027.

India’s nuclear energy capacity is set to rise from the current 8.18 GW to 13 GW by 2029-30 and 22.5 GW by 2032 upon completion of all sanctioned projects, with significant private sector involvement. The government aims for 100 GW nuclear capacity by 2047 to ensure energy security and sustainability.

Bangladesh confirmed that Adani Power’s unit has resumed full electricity supply after reducing it by half due to unpaid dues. The country is now making regular payments, and supply was restored more than two weeks ago, alleviating the risk of blackouts during the hot summer months.