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Reliance Industries led the advances, surging 2.32 per cent to ?1,400.30, continuing its upward momentum. Tech Mahindra shares showed strong performance, rising 2.14 per cent to ?1,493 View More

With thrust on sustainable, conscious living, Sansaar, a D’Decor brand, has expanded its presence to more than 100 cities in India, while setting its sights on global markets and future product expansions. View More

Launched in 2024 under the D’Decor umbrella, a soft furnishings solutions player, Sansaar aims to offer a collection that seamlessly blends luxury with sustainability at its core. The brainchild of next-generation entrepreneurs Sanjana Arora , Co-founder, and Sarah Arora , Co-founder & Creative Director of Sansaar, the brand uses eco-friendly production methods and sustainable materials, such as recycled fibres, to craft collections that encourage conscious living. By the end of 2025, the brand plans to eliminate coal usage by transitioning to biomass fuels, achieve 95% water recycling, increase the use of sustainable products by 50% and replace all the diesel and petrol trucks with electric vehicles (EVs). #Pahalgam Terrorist AttackPM Modi-led 'Super Cabinet' reviews J&K security arrangementsPakistan's General Asim Munir is itching for a fight. Are his soldiers willing?India planning to launch military strike against Pakistan within 24 to 36 hours, claims Pak minister In a freewheeling chat, the entrepreneur duo discusses with ET Digital the key components of an environmentally responsible brand, technology and product innovations crucial for growth, and their ambitious plans for expansion in the future. Edited excerpts: Sanjana Arora, Co-founder, Sansaar The Economic Times Online (ET Digital): As next-gen entrepreneurs, what aspects do you want to bring in to Sansaar as a brand? Sanjana Arora: As the next generation stepping into an established legacy, our focus was clear: to build something with intent, both in design and in purpose. Sansaar became that space. It gave us the opportunity to lead with a fresh perspective, to question legacy models and ask, “What does conscious luxury look like today?” That most important factor is to ensure that ‘sustainability’ isn’t a checklist; it is the starting point. From materials to manufacturing to packaging, every decision was made with intention. While it’s still early days, our biggest contribution so far has been reimagining what a home-grown Indian furnishings brand can look and feel like—without compromising on soul or scale. Live Events ET Digital: What are the targets you have for the brand going forward? How has the response been since its launch? Sanjana Arora: The response has been incredibly encouraging. From the outset, we have built Sansaar with clarity of purpose, focussing on design integrity, product quality and a brand narrative that feels meaningful. That intentionality has resonated, and it’s clear there is a strong appetite for Indian luxury that is both rooted and relevant. Sansaar has grown 35% above expectations for the first year. We are already present in 450 stores across India and plan on expanding to 100 more this year itself. We have even expanded our manufacturing capacity by 1.5 lakh sq. ft for Sansaar. Our goal is to grow Sansaar into a Rs 500-crore brand over the next three years. We are expanding our product categories, strengthening our offline presence and building a footprint in global markets. Alongside that, we are committed to pushing our sustainability targets by increasing water recycling to 90%, shifting fully to renewable energy, phasing out coal entirely, and moving to an all-EV transport fleet. ET Digital: Sustainable design is an aspect that you focus a lot on as far as Sansaar is concerned. Tell us more about it and the kind of consciousness being seen among Indian consumers for such offerings. Sanjana Arora: For us, sustainability isn’t a feature; it’s the foundation. At Sansaar, the goal has always been to create products that are both aesthetically refined and environmentally responsible. That means using natural materials, minimising waste and designing with longevity in mind. What is exciting is that Indian consumers are becoming increasingly conscious. They are paying attention to provenance, process and impact. Especially among younger buyers, there is a clear shift toward thoughtful consumption. People want to know the story behind what they bring into their homes. Our aim is to meet that awareness with authenticity. To make sustainability not just feel good but look beautiful. The company leverages advanced systems like robotic warehouses for managing their supply chain, which helps them track materials, optimise inventory, and maintain efficiency. ET Digital: What are some of the emerging trends in the home furnishings market in India as well as globally? Sanjana Arora: The home furnishings market is undergoing several shifts, both in India and globally. There is a clear movement towards clean, minimalist design with spaces that prioritise calm and simplicity. Sustainability continues to gain ground with a growing demand for eco-friendly materials and responsible production processes. Another trend we are seeing is the rise of smart textiles where functionality blends seamlessly with aesthetics, offering solutions like durability and energy efficiency. These trends reflect a shift in consumer priorities toward creating functional, conscious, and stylish living spaces. ET Digital: How much is tech development woven into your supply chain strategies? What are some of the techniques working well for the brand? Sanjana Arora: At Sansaar, technology enhances our operations by helping us forecast demand accurately and reduce waste. Using data-driven tools, we align production with market needs, ensuring efficiency and sustainability in every batch. We also leverage advanced systems like robotic warehouses for managing our supply chain, which helps us track materials, optimise inventory, and maintain efficiency. This not only supports our sustainability goals but also ensures that we deliver consistent, high-quality products. For us, technology is a tool that enhances our processes, making our production smarter and more responsive while staying true to our core values of craftsmanship and conscious luxury. ET Digital: What is the road map for the company in the next five years? Sanjana Arora: In the next five years, our goal is to position Sansaar as a leader in conscious luxury on the global stage. We aim to grow into a Rs 500-crore brand, with expansion plans focussing on both digital and offline channels. Our key priorities include launching flagship experience centres and expanding internationally, with Sansaar globally being available soon. Beyond financial targets, our vision is to make Sansaar the go-to brand for those seeking a home that aligns with their values and lifestyle. It is also extremely important to us that we do not compromise on luxury when we are talking about sustainability. Sarah Arora, Co-Founder & Creative Director, Sansaar ET Digital: Which are some of your key export markets and some of the best-selling categories in such markets? Are you also looking at any new geographies? Sarah Arora: Our key export markets are the UK, the US, Europe, and the UAE. In these regions, our curtains and sheers have been top sellers, driven by our focus on design-forward solutions, attention to detail, and adaptability to market needs. While we are always exploring new opportunities, our focus is on nurturing our existing relationships. We believe in building long-term partnerships, where trust and consistent performance lead to meaningful growth. ET Digital: How much of your revenue comes from exports, and how much from the domestic market? What is your target for both, and how well are you on course to achieve the same? Sarah Arora: Currently, our revenue is split evenly between exports and the domestic market, with about 50% coming from each market. Exports primarily follow a B2B model, while our domestic focus is on B2C. Moving forward, we aim to grow both segments, maintaining this balance. Our target is to expand our global presence while establishing Sansaar as a household name in India, much like D’Decor. We are confident that with our ongoing investments in quality, design innovation, and customer experience, we are on the right path. ET Digital: What are some of the tech and product innovations done by Sansaar and D’Decor to gain a competitive edge in the market? Sarah Arora: At Sansaar and D’Decor, innovation is central to how we operate. We have streamlined our processes with fully automated systems, from our robotic warehouse to automated cutting and packing, ensuring speed and precision. We are also pushing boundaries with our R&D and IT investments, constantly enhancing our supply chain. On the product front, we are introducing innovative solutions like stain-resistant fabrics, sustainable options, and flame-retardant finishes. Our vertical integration allows us to experiment right from the yarn stage, giving us a unique edge. With 80,000 metres of fabric dispatched daily, our ability to scale innovation sets us apart in the market. The company draws inspiration from global design trends but tailors them to suit the unique aesthetic preferences across India’s diverse regions. ET Digital: The company claims to have designs that are globally inspired yet locally relevant. Please give some examples that reflect this philosophy. Sarah Arora: We draw inspiration from global design trends but tailor them to suit the unique aesthetic preferences across India’s diverse regions. For example, our modern minimalist fabrics work well in metropolitan areas, while we design more intricate, traditional patterns to resonate with regional tastes, especially in places with strong cultural influences. This approach ensures that we are not just offering globally recognised designs, but ones that resonate on a deeper, cultural level. We stay connected to India’s regional identity while integrating international quality standards, making our products both aspirational and accessible to a wide range of consumers across the country. ET Digital: Given the upheaval concerning the US tariffs, do you see any impact on your export portfolio and your purchases in the domestic market? Sarah Arora: The US tariff changes have created some ripples, but our diverse export strategy, spread across multiple regions, has helped shield us from major impact. By not relying too heavily on any single market, we have maintained a balanced portfolio. Interestingly, we also see more manufacturing coming our way, as global partners seek reliable and quality-driven alternatives. Domestically, we haven’t seen any major shifts in consumer behaviour, with demand for quality and value-driven products remaining strong. We are keeping a close watch on global trends and staying agile, adjusting our strategies as needed to stay ahead. ET Digital: How important is user-generated content for building unique brand narratives? What is your strategy for the same? Sarah Arora: User-generated content (UGC) is reshaping how brands interact with consumers. It’s no longer just about pushing out marketing messages but letting real customers tell their stories. Social media has played a huge role in this shift towards brand-building, making the relationship between brand and consumer more interactive and direct. When customers share their décor stories, they become co-creators in shaping the brand’s narrative. It’s a powerful way to show off a product’s versatility and emotional value without the usual polished ads. For us, encouraging genuine conversations through UGC builds trust, fosters community and creates more authentic connections with our audience.
The larger the IPO, the lower the expense ratio, the data showed. Offerings under ?500 crore incurred average costs of 9.3%, while mega IPOs above ?5,000 crore managed to keep expenses down at just 2.6% on average. View More

Mumbai: Indian companies spent between 1.5% and 17% of the funds raised through initial public offerings (IPOs) as expenses in the past three years, according to data compiled by consultancy firm Uniqus Consulting. The expenses related to a public listing include fees paid to investment bankers, lawyers, auditors, advisors and capital markets regulator Sebi. The larger the IPO, the lower the expense ratio, the data showed. Offerings under ₹500 crore incurred average costs of 9.3%, while mega IPOs above ₹5,000 crore managed to keep expenses down at just 2.6% on average. "This disparity is because while book running lead manager (BRLM) fees-which make up nearly 49% of IPO expenses-are variable and scale with issue size, most other costs such as legal counsel, statutory auditors, Sebi filing fees and printing are largely fixed," said K Raghuram, partner at Uniqus Consulting. "Smaller issuers end up absorbing a larger proportion of fixed costs, while larger issuers benefit from economies of scale and stronger brand visibility." Agencies Mukka Proteins spent 17.1% of its ₹224 crore issue size on IPO-related expenses. Similarly, Shah Polymers incurred expenses amounting to 16.6% of its ₹66 crore IPO. In contrast, larger issuances had significantly lower expense ratios. Bharti Hexaware's ₹4,275 crore IPO incurred 1.51% in expenses, while Bajaj Housing's ₹6,560 crore and Hyundai Motor India 's ₹27,870 crore IPO entailed 1.68% and 2.24% expenses, respectively. IPO-related expenses in India are broadly in line with global trends, said lawyers. Live Events "Compared to global markets like the US, where underwriting and regulatory costs can be even higher, Indian IPO expenses are competitive and justified by the intense due diligence, marketing and compliance efforts required," said Ketan Mukhija, senior partner, Burgeon Law. Government-backed companies typically incur less than 1.5% of the issue size as IPO expenses. Companies such as NTPC Green Energy and LIC recorded exceptionally low expense ratios of 0.54% and 0.58%, respectively. BRLM fees continue to dominate, accounting for nearly half the IPO expenses. These are closely followed by payments to legal advisors and statutory auditors (15%), listing fees (10%) and marketing spending (about 9%). In 2024-25, the average issue size swelled to ₹2,057 crore from ₹814 crore in the previous financial year, reflecting a growing appetite for large-scale fundraising and increased confidence in Indian capital markets. Average listing expenses also went up-to ₹80 crore in 2024-25 from ₹47 crore in 2023-24. (You can now subscribe to our ETMarkets WhatsApp channel) (You can now subscribe to our ETMarkets WhatsApp channel)
Delhi's power demand surged to a season-high of 6,015 MW on Monday, driven by scorching temperatures reaching 40.4 degrees Celsius. This peak demand, recorded at 3:30 pm, marks the highest for April 28 in the last three years. Discoms like BSES and TPDDL successfully met the escalating demand, with green power playing a crucial role. View More

The peak power demand of Delhi, pushed by the hot weather, crossed 6,000 MW for the first time this season on Monday, said discom officials. According to the State Load Dispatch Centre, Delhi's peak power demand reached 6,015 MW at 3.30 pm -- the highest on April 28 in the last three years. Earlier, the highest peak demand on April 28 was 6,050 MW in 2022. #Pahalgam Terrorist AttackIndia stares at a 'water bomb' threat as it freezes Indus TreatyIndia readies short, mid & long-term Indus River plansShehbaz Sharif calls India's stand "worn-out narrative" The peak demand on April 28 in 2024 and 2023 was 4,994 MW and 4,428 MW. The maximum temperature in Delhi reached 40.4 degrees Celsius on Monday. BSES discoms -- BRPL and BYPL -- successfully met the demand of 2590 MW and 1290 MW in their distribution areas, said a spokesperson of the company. He said more than 2,100 MW of green power will play an important role in ensuring a smooth supply in Delhi during the summer months. Live Events Delhi is on the cusp of another historic power milestone, the SLDC said, adding that after clocking a record power demand of 8,656 MW in 2024, Delhi's peak power demand during the summers of 2025 may clock the 9,000 MW for the first time. Amid the soaring temperatures, Delhi's power demand peaked at 6,015 MW, which is the highest so far this season, said a Tata Power Delhi Distribution Limited (TPDDL) spokesperson. The discom successfully met the peak demand of 1,817 MW in its distribution area of north Delhi, which is the highest in the season so far, she said. The company is fully geared up for seamless power supply without any power outages and has sufficient measures in place amid the rising power demand during the summer season, she added. A BSES spokesperson said power discoms are geared up to ensure a reliable supply to meet the demand of more than 50 lakh consumers and two crore residents in south, west, east and central Delhi. BSES has made power banking arrangements with several states, from where the discoms will get up to 500 MW of power during the summer months, he added. (You can now subscribe to our Economic Times WhatsApp channel) (You can now subscribe to our Economic Times WhatsApp channel)
MSCI rejig in June likely to drive $210 million into Nykaa, trigger Thermax outflows View More

AESL's profit after tax surged 87% year-on-year to Rs 714 crore in the March quarter, while total income rose 36% to Rs 6,596 crore. For the fiscal year ended March 31, profit after tax soared 103% to Rs 2,427 crore and total income grew 42% to Rs 24,447 crore. Total orderbook stood at Rs 60,000 crore as of March-end. View More

Adani Energy Solutions Ltd (AESL) is planning to spend Rs 16,000-18,000 crore in capital expenditure this fiscal year, a sharp increase from last year’s Rs 11,444 crore. #Pahalgam Terrorist AttackPM Modi-led 'Super Cabinet' reviews J&K security arrangementsPakistan's General Asim Munir is itching for a fight. Are his soldiers willing?India planning to launch military strike against Pakistan within 24 to 36 hours, claims Pak minister Of this, it will invest Rs 12,000-13,000 crore in transmission, Rs 4,000 crore in smart meters, and Rs 1,600 crore in distribution, Kandarp Patel , CEO, AESL, told investors in a post-earnings call on Friday. AESL’s profit after tax surged 87% year-on-year to Rs 714 crore in the March quarter, while total income rose 36% to Rs 6,596 crore. For the fiscal year ended March 31, profit after tax soared 103% to Rs 2,427 crore and total income grew 42% to Rs 24,447 crore. Total orderbook stood at Rs 60,000 crore as of March-end. Patel said the company’s transmission project pipeline remains strong with Rs 54,000 crore worth of ISTS (inter-state transmission system) projects in the bid-out stage. “Going forward, we expect the states to also augment their transmission capacity to absorb the renewable power which the ISTS projects will bring,” said Patel. He noted that Maharashtra will need to invest Rs 1.5 lakh crore over the next decade in transmission, “and many such projects are expected to come under TBCB (Tariff-Based Competitive Bidding) route, which we will bid.” Live Events Last fiscal year saw Rs 161,540 crore worth of transmission tenders in which AESL secured a market share of 28% by winning seven projects worth Rs 44,000 crore. During the year, the company commissioned one project and acquired another. Patel said its under-implementation projects, totalling 15, would add Rs 8,260 crore to annual revenue once delivered over the next 2-4 years. In FY26, the company is looking at delivering seven projects—including the crucial Mumbai HVDC project—entailing a total capex of Rs 15,000 crore. In distribution, where the company serves the Mumbai and Mundra markets, Patel said AESL would participate in Uttar Pradesh’s discom privatisation drive, and the bidding process is expected to open shortly. UP is looking to privatise two of its four state-owned discoms. The entire process is being closely watched by several other states. AESL had earlier said that it is also looking at a parallel licensing opportunity in the Navi Mumbai area. AESL—also India’s largest private sector discom—reported 6% higher energy sales in Mumbai and 44% in Mundra in FY25. This reduced its distribution loss in Mumbai discom to 4.7%, which is amongst the best globally for a large city. Under smart meters, the company has an existing order book of 22.8 million smart meters across five state discoms with total revenue potential of more than Rs 27,195 crore. While still small, the smart meter business has started contributing to revenues. Patel said this fiscal year, it expects to add 7 million smart meters, increasing the installed base to 10 million meters by March 2026. “There still exists an opportunity for 1.1-1.2 million smart meters from states which haven’t yet bid out or have partially bid out. We will ensure we at least maintain our current market share of 22-23%,” he said. AESL is currently installing 27,000 smart meters a day. AESL’s transmission network stretches 26,696 ckm and 90,236 MVA transformation capacity, making it India’s second-largest private transmission firm. (You can now subscribe to our Economic Times WhatsApp channel) (You can now subscribe to our Economic Times WhatsApp channel)
India is set to overhaul its power sector regulations, prompted by NITI Aayog's study on the effectiveness of electricity regulatory commissions (ERCs). The study aims to strengthen these institutions to handle the evolving electricity landscape, including new market entrants and technologies. View More

New Delhi: India is targeting an overhaul of power sector regulations , with necessary changes in the role and accountability of entities. #Pahalgam Terrorist AttackPM Modi-led 'Super Cabinet' reviews J&K security arrangementsPakistan's General Asim Munir is itching for a fight. Are his soldiers willing?India planning to launch military strike against Pakistan within 24 to 36 hours, claims Pak minister Towards this, government think-tank NITI Aayog has initiated a study on the autonomy, role clarity, capacity and accountability of the Central Electricity Regulatory Commission ( CERC ) and State Electricity Regulatory Commissions ( SERCs ), a senior government official told ET. "The study is aimed at strengthening these institutions to address the rapidly changing nature of electricity, including entry of new market players, new types of systems, and new products in the sector which demands greater responsibility and accountability on the part of the regulators," the official said. The plan is to enable energy regulators to undertake systemic changes in their approach and functioning to better address the challenges faced by regulatory commissions including maintaining viability of the power system, attracting private investments and protection of public interest. The study is expected to conclude by this year-end with proposed changes to the regulatory commissions getting implemented from next year, the official said. Live Events The Aayog is of the view that while some electricity regulatory commissions (ERCs) have developed a reputation for high-quality regulation, enforcement, and adjudication, few ERCs continue to draw criticism on issues such as regulatory capture, delay in tariff orders , and lack of autonomy. This has necessitated the need for a study to revamp the structure, function and power to make them more robust. India expects peak power demand to surge to 370 GW by 2030 from 243 GW currently. This will require massive expansion and strengthening of the electricity generation, transmission and distribution system in the country. The CERC was set up in 1998, under the provisions of the Electricity Regulatory Commission Act , 1998. It is the central commission for purposes of the Electricity Act, 2003, and is primarily responsible for regulating tariffs of generating companies owned or controlled by the Centre and tariffs for interstate transmission of electricity. It is also responsible for promoting competition, efficiency and economy in activities of the sector besides supporting investments in the power sector. (You can now subscribe to our Economic Times WhatsApp channel) (You can now subscribe to our Economic Times WhatsApp channel)
This protectionist approach risks setting back the energy transition by a decade, hindering the competitiveness of renewables against gas. View More

There are few places where inflation is felt as profoundly these days as tariff rates. #Pahalgam Terrorist AttackIndia stares at a 'water bomb' threat as it freezes Indus TreatyIndia readies short, mid & long-term Indus River plansShehbaz Sharif calls India's stand "worn-out narrative" A few months ago, President Donald Trump’s election campaign promise of a 10% levy on all US imports seemed shocking. Now we’re looking at a 46% rate on Vietnam, and 145% on China. This week, Washington went one better: If you’re manufacturing solar panels in Cambodia, you could face a 3,521% impost on any modules sent off to the US. Alongside lower levies imposed on Malaysia, Thailand and Vietnam, that means about 80% of US panel imports face taxes that make Trump’s Liberation Day tariffs look modest. Bloomberg Levies as high as these are essentially bans, and the effect could be profound. For the best part of a decade, the cost advantages of photovoltaic electricity have made it the clear front-runner every time a US power company has looked to build a new plant. Two-thirds of new generating capacity last year was solar, with most of the remainder made up of wind and batteries that are often co-located with it. Everything else took a scant 6%. Thanks to Trump’s pro-fossil fuel industrial policy (as well as the short-sighted protectionism of Joe Biden) that clean energy epoch may be coming to a close. Bloomberg To see why, consider what the latest round of tariffs do to the US solar supply chain. They apply not only to modules — the large panels that are installed on your roof — but to cells as well, the bath tile-sized components that can be seen behind a module’s protective glass. That’s a problem, because the US has next to no capacity for producing cells — just 2 gigawatts annually compared to the 50 gigawatts of solar that was installed last year. Live Events Bloomberg If you have a contract to build a new solar plant and you don’t already have the modules in your inventory, the options are to either pay tariffs worth several times the value of the equipment itself, and try to negotiate a higher rate with your customer; cross your fingers and hope that a domestic cell facility gets built soon; or cancel the deal altogether. Bloomberg Years of bipartisan protectionism have already left the industry in a weakened state. Almost uniquely among major markets, the cost of building solar projects has more or less stood still in the US over the last five years. Across China, Germany, India, Japan and the UK, plummeting expenses meant building new solar power last year averaged about 60% less than the cost of using baseload gas. In the US, it was 24% more expensive. The European Union installed about 39% more solar over the five years through 2024 than the US. Industry groups expect the EU to pull further ahead over the years to come, despite geography which is fundamentally less suited to solar. Bloomberg The latest round of tariffs will make all of this worse. As a rough rule of thumb, about 30% of the cost of utility-scale solar in the US goes on buying panels (the rest is the cost of land acquisition, labor, and other components such as inverters and mounting systems). Make those panels multiple times more expensive, and the cost advantage that solar power has over the fossil alternative will disappear. Morgan Stanley last week estimated that even the 10% initial tariffs on Southeast Asian countries would, when combined with Trump’s promised elimination of Biden-era renewable subsidies, lift the cost of solar projects within spitting distance of what you’d pay for baseload gas. That’s enough to make fossil fuel clearly the better option for customers who want on-demand electricity and don’t care about the environmental cost. The latest round of triple-digit tariffs now promised for solar will tilt the playing field yet further in favor of gas. Put together, that threatens to set the energy transition back a decade, to the years when renewables simply couldn’t compete with fossil fuels on price. It’s potentially worse than that. Back then, the tiny amounts of solar on the grid meant there was no need for storage batteries to provide backup after sunset, or offset the brutal midday market when the sheer volume of panels connected can drive electricity prices below zero. These days, even solar-with-batteries can be competitive with gas if the manufacturer buys equipment at global market prices. If you’re dependent on imported lithium-ion cells attracting China’s 145% tariffs, or the 25% or 24% levies imposed on South Korea and Japan respectively, that proposition looks a lot dicier. Amid what Trump declared on his first day in office to be a “national energy emergency,” clean power faces special taxes amounting to hundreds or even thousands of percent. Fossil fuels are one of a handful of sectors that are still allowed to enter the US tariff-free. Renewables will win the future almost everywhere that there is a free market in electricity — but that’s not the world being constructed in the US right now.
THDC India has successfully synchronized the first 250 MW unit of its 1,000 MW pumped storage plant at Tehri in pump condenser mode to the Indian grid. This achievement marks a significant step towards commissioning India's first variable speed PSP. Upon completion, the Tehri hydro power complex will boast a total installed capacity of 2,400 MW. View More

State-owned THDC India on Thursday announced synchronisation of the first 250 MW unit of its pumped storage plant (PSP) in pump condenser mode at Tehri in Uttarakhand. In pump condenser mode of operation, the turbine is used to generate electricity and simultaneously as a condenser or a heat exchanger. #Pahalgam Terrorist AttackPM Modi-led 'Super Cabinet' reviews J&K security arrangementsPakistan's General Asim Munir is itching for a fight. Are his soldiers willing?India planning to launch military strike against Pakistan within 24 to 36 hours, claims Pak minister THDC India is constructing a 1,000-MW (250 MW X 4 units) PSP project at Tehri. "CMD R K Vishnoi has announced achievement towards successful commissioning of India's first variable speed 1,000 MW PSP at Tehri with the successful synchronisation of its first unit (of 250 MW) to the Indian grid in pump condenser mode," THDC India said in a statement. The synchronisation took place on Wednesday. With the completion of this pumped storage project, the tehri hydro power complex will have a total installed capacity of 2,400 MW. Live Events The company is currently operating 1,000-MW Tehri HPP (hydro power project) and 400-MW Koteshwar HEP (hydro electric power). Based in Rishikesh, Uttarakhand, THDC India is a 75:25 per cent entity of the Centre-owned NTPC and government of Uttar Pradesh. (You can now subscribe to our Economic Times WhatsApp channel) (You can now subscribe to our Economic Times WhatsApp channel)
Private entity Adani Hydro Energy Five Ltd has entered into a power purchase agreement (PPA) with Uttar Pradesh Power Corporation for supply of 1,250 MW energy storage capacity. Adani Hydro Energy Five Ltd is a wholly owned step down subsidiary of Adani Green Energy Ltd (AGEL). View More

Private entity Adani Hydro Energy Five Ltd has entered into a power purchase agreement ( PPA ) with Uttar Pradesh Power Corporation for supply of 1 ,250 MW energy storage capacity . Adani Hydro Energy Five Ltd is a wholly owned step down subsidiary of Adani Green Energy Ltd (AGEL). "Adani Hydro Energy Five Ltd has entered into a PPA with Uttar Pradesh Power Corporation Limited for supply of 1,250 MW energy storage capacity from pumped hydro storage projects," AGEL said in an exchange filing. (You can now subscribe to our Economic Times WhatsApp channel) (You can now subscribe to our Economic Times WhatsApp channel)

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