AGENCY
NEW DELHI, june 11
A historic moment for India- The country met a peak power demand of 241 GW on June 9 with zero shortage. The Minister of Power, Manohar Lal highlighted the key achievement by the power sector and added that India added 34 GW of power generation capacity in FY25. This is the highest ever in a single year.
India sees sharp drop in national power shortage
India’s total installed capacity now stands at 472.5 GW, almost double from 249 GW in 2014. Out of this, renewable energy sources contributed 29.5 GW. The minister also highlighted that India’s national energy shortage has dropped to just 0.1 per cent as of April compared to 4.2 per cent 11 years ago in FY14.
The first 250 MW unit of the Tehri Pumped Storage Project in Uttarakhand has been commissioned to manage peak electricity demand and improve renewable energy use.
Government clears Rs 5,400 crore scheme for battery storage
To support renewable energy, the Ministry of Power has approved a Viability Gap Funding (VGF) scheme for 30 GWh of Battery Energy Storage Systems (BESS), in addition to the 13.2 GWh already underway.
Price fall on IEX one-off event, say power firms
This Rs 5,400 crore scheme aims to attract Rs 33,000 crore in investment, meeting the country’s BESS requirement by 2028. ISTS charges waiver extended till 2028 for storage projects The Inter-State Transmission System (ISTS) charges waiver for storage projects has been extended until June 30, 2028. This includes pumped storage projects awarded and battery storage systems commissioned before the deadline.
Manohar Lal said this step is crucial for meeting India’s growing storage needs and optimising the utilisation of transmission lines.
Ultra-high-voltage AC system to transform grid by 2034
Nine 1100 kV transmission lines and ten substations have been planned, with support from the Central Power Research Institute, in a move to revolutionize its power transmission with the rollout of an Ultra High Voltage Alternating Current (UHV AC) Transmission System. The estimated investment for this project is Rs 53,000 crore.
Landowners to get up to 200% compensation for power towers
In a move to address long-standing Right of Way (RoW) issues, the central government had previously revised compensation rules for land used in transmission projects. Under the new rule, landowners will now get 200 per cent of the land value for tower areas and 30 per cent for the Right of Way (RoW) corridor.
These new guidelines were issued on March 21, 2025, and have already been adopted by Haryana and Delhi.
Government extends surcharge rules to boost state grid finances
To encourage private investment and financial discipline, the government has expanded the Late Payment Surcharge (LPS) Rules to include Intra-State Transmission Systems. Earlier, these applied only to Inter-State projects.
Power stocks surge
A quick look at the list of power sector stocks highlight that they have been rising significantly in the past few sessions. Even today some of the big power stocks are all up with gains around 2%. Key power sector stocks on the upmove include Reliance Power, JSW Energy, SJVN, NTPC, NHPC and many more.https://www.financialexpress.com/wp-content/uploads/2025/06/Feature-Image-6-1.png?w=1024
