Power

Energy Efficiency Services Limited (EESL), a public sector entity under India’s Ministry of Power, has announced the appointment of Akhilesh Kumar Dixit as its new Chief Executive Officer. With over three decades of experience in power transmission and corporate leadership, Dixit’s entry marks a strategic push to evolve EESL into a next-generation energy solutions firm.

India’s largest power utility, NTPC Group, is accelerating its push into renewable energy storage with an ambitious portfolio of pumped storage projects (PSPs) totaling 20 GW. Aimed at strengthening the country’s energy resilience and transition to cleaner sources, NTPC plans to commission between 3 to 5 GW of capacity by FY2031–32. The initiative is supported by NTPC subsidiaries, including THDC India, which has already brought the first unit of its 1,000 MW Tehri PSP online.

Coal India Ltd (CIL), the state-owned coal mining giant, is set to introduce a standardized dress code across its workforce starting July 2025. The initiative, recently approved by the company’s board, is designed to enhance visual uniformity and reinforce the organization's corporate identity. Each of the 2.25 lakh employees will receive an advance of Rs. 12,500 to purchase three sets of uniforms tailored to gender-specific guidelines.

India’s largest under-construction hydroelectric project—the 2,000 MW Subansiri Lower Hydro Electric Project—has encountered fresh delays, with its completion now pushed to May 2026, extending an already protracted timeline by over a decade. The project, located on the Assam-Arunachal Pradesh border, also suffered minor damages to its spillway during the recent monsoon, although NHPC has assured there is no structural threat to the dam. Originally scheduled for commissioning in 2012, the project’s cost has ballooned from Rs. 6,285 crore to an estimated Rs. 26,075 crore.

The Public Enterprises Selection Board (PESB) has recommended Bhupender Gupta for the position of Chairman and Managing Director (CMD) of NHPC Limited. Gupta, who currently serves as Director (Technical) at THDC India Limited, a subsidiary of NTPC, was one of several candidates who underwent the interview process. The recommendation marks a significant move for NHPC, India's largest hydropower development organization, as it continues its transition into renewable energy sources like solar and wind.

The Public Enterprises Selection Board (PESB) has recommended Bhupender Gupta for the position of Chairman and Managing Director (CMD) of NHPC Limited. Gupta, who currently serves as Director (Technical) at THDC India Limited, a subsidiary of NTPC, was one of several candidates who underwent the interview process. The recommendation marks a significant move for NHPC, India's largest hydropower development organization, as it continues its transition into renewable energy sources like solar and wind.

The Punjab government recently recorded its highest-ever electricity demand of 16,711 MW, surpassing previous records without any power cuts. The surge in demand, driven by an ongoing heatwave and the paddy sowing season, has been met with strategic preparedness. The state has proactively arranged to supply up to 17,000 MW of electricity to handle anticipated spikes in consumption. This achievement reflects the government's readiness to balance agricultural and domestic energy needs, ensuring a stable power supply even during peak demand periods.

The Punjab government recently recorded its highest-ever electricity demand of 16,711 MW, surpassing previous records without any power cuts. The surge in demand, driven by an ongoing heatwave and the paddy sowing season, has been met with strategic preparedness. The state has proactively arranged to supply up to 17,000 MW of electricity to handle anticipated spikes in consumption. This achievement reflects the government's readiness to balance agricultural and domestic energy needs, ensuring a stable power supply even during peak demand periods.

The National Stock Exchange of India (NSE) has received approval from the Securities and Exchange Board of India (SEBI) to introduce monthly electricity futures contracts. This significant move aims to provide market participants with effective tools to hedge against electricity price volatility, encourage more accurate price signals in the power sector, and attract capital investments in various segments of the electricity value chain, including generation, transmission, and retail.

Tata Power Delhi Distribution Limited (Tata Power-DDL), a key player in India's energy distribution landscape, has appointed Dwijadas Basak as its new Chief Executive Officer, effective June 9. With over two decades of experience in domestic and international power distribution, Basak’s elevation underscores the company’s commitment to operational innovation and customer-centric transformation. A longstanding member of the Tata Power Group, Basak previously served as CEO of TP Northern Odisha Distribution Limited (TPNODL).