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Tesla's core autos business is under pressure as Chinese and European carmakers roll out affordable and innovative EVs. View More
In this articleTSLAFollow your favorite stocksCREATE FREE ACCOUNT watch nowVIDEO2:4802:48Tesla reports 486,532 vehicle deliveries for third quarter, topping expectationsSquawk on the StreetTesla shares climbed 5% on Friday after the electric vehicle maker reported deliveries for the third quarter that topped analysts' estimates. Here are the key numbers: Total Q3 vehicle deliveries: 486,532Total Q3 vehicle production: 464,391Deliveries fell about 2% from 497,099 a year earlier, but climbed from the second quarter, when Tesla recorded 480,126 deliveries. Analysts were expecting around 461,100 deliveries, according to StreetAccount's consensus. Tesla's company-compiled consensus, published Tuesday, was for 461,974 deliveries.Tesla doesn't break out exact delivery numbers by individual model or region, but the company said its entry-level Model 3 sedan and most popular Model Y SUVs accounted for a vast majority, or 98%, of its deliveries.Deliveries are the closest approximation of sales reported by Tesla but are not precisely defined in its shareholder communications.Elon Musk's automaker is under pressure due to surging competition from Chinese EV makers, such as BYD and Xiaomi, which sell more affordable and innovative EVs. Tesla is trying to recover from consecutive annual declines in vehicle sales that were partly caused by a consumer backlash against Musk, the world's wealthiest person, and by the loss of a U.S. federal tax credit. The Inflation Reduction Act, signed in 2022 by President Joe Biden, had made the EV tax break available through 2032. President Donald Trump's spending bill curtailed it ahead of schedule, ending the tax break after Sept. 30, 2025.Read more CNBC tech newsGoogle unveils latest AI model, but Wall Street wants a breakout personal agentFormer LinkedIn chief Roslansky to leave Microsoft, following other exec departuresSpaceX launches Google AI chips into orbit in push toward space-based data centersTrump's AI lunch included every major tech company. Except AppleTesla's stock was down 21% this year as of Tuesday's close, underperforming all of its megacap tech peers.Morgan Stanley analysts, who recommend holding the stock, said in a note after the report that Tesla may be "exiting the EV winter." RBC analysts, who have an outperform rating, called the deliveries figure "impressive" in a note out Friday. They wrote that, "rising fuel costs related to the Iran conflict and regulatory pressure could accelerate EV demand" in Europe, potentially benefitting Tesla and its Chinese competitors this year. The firm also sees Tesla's energy business "well-positioned to capitalize" on "AI-driven electricity demand growth." Tesla also said Friday that it deployed 13.7 GWh of energy storage products, including its Megapack and Megablock systems, during the quarter. A year ago Tesla deployed 12.5 GWh of such products, and last quarter that figure was 13.5 GWh. Tesla does not clearly define "deployment" of its energy storage systems in shareholder communications.Megapacks are used for business and utility-scale developments, and Tesla's newer Megablocks are a combination of four Megapacks around one transformer. The systems use lithium-ion or other battery cells to help data centers and utilities avoid blackouts, allowing for energy storage from sources such as solar and wind.Musk's SpaceX is a large buyer of Tesla's backup batteries and also spent $131 million on Cybertruck pickups in 2025.While Tesla is experiencing declines in deliveries from a year ago, EV demand is up across the globe this year, according to a 2026 Global EV Outlook by the International Energy Agency. The IEA pointed to the Iran conflict and soaring gas prices as catalysts that "reinforced the case for EVs as a way to address energy security and fuel cost concerns."In 2020, EVs and hybrid electric models represented less than 5% of new car sales worldwide. That share reached 1 in 4 new cars sold in 2025, according to IEA.If Tesla reaches at least 311,448 in the fourth-quarter, it will exceed 1.64 million deliveries for the year and surpass the 2025 total. Tesla said it will report third-quarter earnings on Oct. 21 after the market close.WATCH: Tesla opens new semi factorywatch nowVIDEO3:0303:03Tesla opens new semi factory: What you need to knowSquawk on the Street Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Sebi has provided observations for the IPOs of Carlsberg India, Matangi Rubber, Ujin Pharma, and TMC Transformer. Carlsberg's filing is under wraps, with specifics to be announced later. Matangi Rubber intends to issue 57.61 lakh new shares, complemented by an offer for sale. Ujin Pharma is looking to offer 1.18 crore shares, and TMC Transformer targets a substantial Rs 550 crore IPO, consisting solely of new issues. View More
Carlsberg India, Matangi Rubber, Ujin Pharma and TMC Transformer have received the Securities and Exchange Board of India’s (Sebi) observations, allowing them to proceed with their initial public offering (IPO) plans, according to the updated on the regulator’s website. The Indian arm of Danish brewer Carlsberg filed its IPO papers through confidential route so details of the IPO are not yet disclosed. Matangi Rubber’s proposed IPO comprises a fresh issue of 57.61 lakh shares and an offer for sale of 15.15 lakh shares by existing shareholders. The Delhi-based company manufactures tyres, tyre flaps, tubes and other rubber products. The IPO of Mumbai-based Ujin Pharma supplies chemical products include a fresh issue of 1.18 crore shares and an offer for sale of 72.82 lakh shares. TMC Transformer proposes to launch 550 crore IPO, which will be entirely a fresh issue of shares. .Pbanner{display:flex;justify-content:space-between;align-items:center;background-color:#ec1c40;margin-top:20px;padding:5px 10px;border-radius:4px;color:#fff;line-height:10px;width: 100%;box-sizing: border-box} .Pbannertext{display:flex;align-items:center;font-size:16px;font-weight:600;font-family:'Montserrat';} .Pbannertext img{height:20px;margin:0 6px} .Pbannerbutton a{display:flex;align-items:center;background-color:#fff;color:#ec1c40;text-decoration:none;font-weight:600;padding:4px 8px;border-radius:6px;font-size:15px;font-family:'Montserrat';} .Pbannerbutton img{height:20px;margin-right:6px} .Pbannerbutton a:hover{background-color:#f7f7f7} Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our ETMarkets WhatsApp channel) (You can now subscribe to our ETMarkets WhatsApp channel)
In a significant move for India's market, Sebi has greenlit IPOs for Carlsberg's local entity, TMC Transformers, Ujin Pharma, and Matangi Rubber. TMC Transformers aims to raise Rs 550 crores via new equity to establish a manufacturing plant. Ujin Pharma's offering includes fresh shares and a sale from its promoters, while Carlsberg joins other global firms in this venture. Matangi Rubber has also successfully navigated the IPO approval process. View More
Danish brewing giant Carlsberg's India unit, TMC Transformers (India) Ltd, Ujin Pharma Ltd and Matangi Rubber Ltd have received regulatory clearance from Sebi to proceed with their proposed initial public offerings (IPOs). The Securities and Exchange Board of India (Sebi) received the draft offer documents of the four companies between May and July. The regulator issued its observations on their IPO proposals between September 28 and October 1, according to an update on Sebi's website on Thursday. The Sebi observations mark an important step in the IPO process, allowing companies to proceed with preparations for their public issues, subject to applicable regulatory requirements. Carlsberg India Ltd, the Indian subsidiary of Danish brewing major Carlsberg Group, had submitted confidential pre-filed draft papers with Sebi on July 1. The confidential filing route allows companies to submit draft offer documents to markets regulator Sebi for review without immediately making commercially sensitive information public. Live Events With this move, Carlsberg joined a growing list of multinational companies looking to tap India's equity markets. South Korean conglomerates - Hyundai Motor and LG Electronics - have already listed their Indian subsidiaries to unlock shareholder value. TMC Transformers (India) Ltd's proposed Rs 550-crore IPO is entirely a fresh issue of equity shares, with no offer-for-sale (OFS) component. The company plans to use the IPO proceeds to fund capital expenditure for setting up a greenfield Extra High Voltage (EHV) transformer manufacturing facility with an installed capacity of 78,000 MVA at Halol in Gujarat. The funds will also be used to meet incremental working capital requirements and for general corporate purposes. Ujin Pharma's proposed IPO comprises a fresh issue of 1.18 crore equity shares and an OFS of 72.82 lakh shares by promoters Jinesh Rasiklal Sheth and Umang Ketan Mehta. Of the proceeds from the fresh issue, the Mumbai-based company plans to invest Rs 61.7 crore in Altra Agro-Chem and Rs 21.6 crore in Altra Pharma-Chem through subscription to equity shares, making both companies its subsidiaries. Matangi Rubber Ltd has also received Sebi's observations for its proposed IPO, according to the regulator's latest data. The approval comes amid sustained activity in the primary market. .Pbanner{display:flex;justify-content:space-between;align-items:center;background-color:#ec1c40;margin-top:20px;padding:5px 10px;border-radius:4px;color:#fff;line-height:10px;width: 100%;box-sizing: border-box} .Pbannertext{display:flex;align-items:center;font-size:16px;font-weight:600;font-family:'Montserrat';} .Pbannertext img{height:20px;margin:0 6px} .Pbannerbutton a{display:flex;align-items:center;background-color:#fff;color:#ec1c40;text-decoration:none;font-weight:600;padding:4px 8px;border-radius:6px;font-size:15px;font-family:'Montserrat';} .Pbannerbutton img{height:20px;margin-right:6px} .Pbannerbutton a:hover{background-color:#f7f7f7} Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our ETMarkets WhatsApp channel) (You can now subscribe to our ETMarkets WhatsApp channel)
The U.S. is reportedly sending a third aircraft carrier strike group to the Middle East, as Trump weighs resuming bombing Iran after the midterms. View More
In this article@LCO.1@CL.1Follow your favorite stocksCREATE FREE ACCOUNT Iran's medium-sized oil tankers continue to wait off the coast of Bandar Abbas at the Strait of Hormuz in Hormozgan Province, Iran on September 09, 2026.Anadolu | Anadolu | Getty ImagesThe U.S. is reportedly sending a third aircraft carrier strike group to the Middle East, along with an amphibious force carrying 2,000 Marines, raising stakes for an escalation in the months-long conflict. The deployment comes as President Donald Trump has signaled an intention to resume strikes on Iran after the November midterm elections. The USS Theodore Roosevelt group and the Makin Island force have left San Diego, a U.S. official told Al Jazeera. Separately, the Wall Street Journal reported the full buildup is expected to be complete by November. Trump recently told aides that he expects to resume bombing Iran that same month, according to the newspaper. The buildup comes as the war, now in its eighth month, remains stuck in a stalemate. Indirect talks have stalled as Washington rejected Iran's proposal to reopen Hormuz in exchange for lifting the U.S. blockade, keeping oil prices above pre-war levels. The Saudi-led coalition in Yemen on Thursday accused the Iran-backed Houthis of a drone attack on a Medina power station that supplies the Prophet's Mosque. Coalition spokesman Turki al-Maliki said that the strike on the Taibah distribution station knocked one transformer out of service but left the wider grid intact. A Houthi military staff told the Saba news agency that the claim was a "lie" intended to cover up what was described as Saudi Arabia's failure to substantiate its earlier accusation that the Houthis targeted the Muslim holy city of Mecca.The U.S. Treasury on Thursday sanctioned Iran's auto and rail sectors, including state-owned rail firms and suppliers in the UAE, Hong Kong, Turkey and Indonesia. It also hit the A7 network, a Russia-linked financial channel Treasury says Iran uses to evade sanctions. Treasury Secretary Scott Bessent claimed in a X post on Thursday that Iran loaded "ZERO crude oil" onto tankers in September. Separately, United Kingdom Maritime Trade Operations said a tanker was struck by an unknown projectile in the Strait of Hormuz on Thursday, causing a fire, though the crew was reported safe. The stepped-up military presence came as diplomatic efforts to end the war appeared to remain deadlocked. Secretary of State Marco Rubio reportedly ordered Iranian Foreign Minister Abbas Araghchi's delegation to leave New York earlier than they had planned, after Qatari-mediated indirect talks failed to produce a breakthrough. The unusual diplomatic rebuke underscored the mistrust between the two countries. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Petrol and diesel sales increased in September by 7.2% and 4.9% year-on-year, respectively. The rise in petrol consumption was supported by higher vehicle sales during the month. Meanwhile, diesel demand was boosted due to below-normal monsoon rainfall and increased economic activity. Aviation turbine fuel sales experienced flat growth, indicating subdued air traffic. LPG consumption fell by 9% as disruptions from the war impacted supplies. View More
New Delhi: Petrol and diesel sales rose 7.2% and 4.9%, respectively, year-on-year in September, while aviation turbine fuel (ATF) sales were flat and LPG sales fell 9%, according to oil ministry data. Higher vehicle sales supported petrol consumption, while below-normal monsoon rainfall boosted diesel use for irrigation. Increased economic activity also contributed to higher diesel demand for mobility. Flat ATF sales point to subdued growth in air traffic. LPG consumption, predominantly used for cooking in India, fell in September, extending a decline that began after the war disrupted supplies. .Pbanner{display:flex;justify-content:space-between;align-items:center;background-color:#ec1c40;margin-top:20px;padding:5px 10px;border-radius:4px;color:#fff;line-height:10px;width: 100%;box-sizing: border-box} .Pbannertext{display:flex;align-items:center;font-size:16px;font-weight:600;font-family:'Montserrat';} .Pbannertext img{height:20px;margin:0 6px} .Pbannerbutton a{display:flex;align-items:center;background-color:#fff;color:#ec1c40;text-decoration:none;font-weight:600;padding:4px 8px;border-radius:6px;font-size:15px;font-family:'Montserrat';} .Pbannerbutton img{height:20px;margin-right:6px} .Pbannerbutton a:hover{background-color:#f7f7f7} Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times WhatsApp channel) (You can now subscribe to our Economic Times WhatsApp channel)
India’s power consumption rose 11.3% year-on-year to 162 billion units in September, driven by cooling and irrigation demand amid a deficit monsoon. Peak power demand met touched a record 269 GW. NTPC generation rose 12.5%, while Coal India increased production 9.2% and total fuel supplies 12.5%. View More
New Delhi: India's power consumption in September rose 11.3% year-on-year to 162 billion units, led by cooling and irrigation demand amid deficit monsoon. It also recorded the month's highest-ever peak power demand met at 269 GW. The country's largest power generator NTPC Ltd generated 38.8 billion units in the month, up 12.5% on year. Total fuel supply by Coal India Ltd rose by 12.5% to 61.20 million tonnes in the month. Coal supply to the power sector grew 10.6% year-on-year to 48.90 million tonnes while those for the non-regulated sector grew 19.41%. During the month, Coal India's coal production grew 9.2% to 53.50 million tonnes compared with 49 million tonnes last year. With the monsoon season over, coal production is expected to further pick up, along with supplies, the company said in a statement. Coal India has been assigned a production target of 815 million tonnes and a supply target of 850 million tonnes for the current fiscal. Coal stocks at power plants saw a sharp depletion as rains in coal-bearing regions affected transportation of the dry fuel. .Pbanner{display:flex;justify-content:space-between;align-items:center;background-color:#ec1c40;margin-top:20px;padding:5px 10px;border-radius:4px;color:#fff;line-height:10px;width: 100%;box-sizing: border-box} .Pbannertext{display:flex;align-items:center;font-size:16px;font-weight:600;font-family:'Montserrat';} .Pbannertext img{height:20px;margin:0 6px} .Pbannerbutton a{display:flex;align-items:center;background-color:#fff;color:#ec1c40;text-decoration:none;font-weight:600;padding:4px 8px;border-radius:6px;font-size:15px;font-family:'Montserrat';} .Pbannerbutton img{height:20px;margin-right:6px} .Pbannerbutton a:hover{background-color:#f7f7f7} Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times WhatsApp channel) (You can now subscribe to our Economic Times WhatsApp channel)
The Securities and Exchange Board of India has temporarily suspended the draft offer documents for Inox Clean Energy's upcoming initial public offering. The company aims to raise a substantial Rs 10,000 crore, including new equity shares and a sell-off from its promoters. With operations in renewable energy and solar manufacturing across India and Africa, this IPO is set to bolster its position in the expanding green energy market. View More
Markets regulator Sebi has kept in 'abeyance' the draft offer documents of Inox Clean Energy Ltd, which is looking to raise up to Rs 10,000 crore through an initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares worth up to Rs 8,000 crore and an offer-for-sale (OFS) of shares, amounting to Rs 2,000 crore by promoter Devansh Jain, according to the draft red herring prospectus (DRHP). The status of the issue was updated by the Securities and Exchange Board of India (Sebi) on Thursday under the list of IPOs whose observations have been kept in abeyance. The company had filed its draft papers with the regulator on September 29. Without specifying reasons, the regulator stated that the "issuance of observations (has been) kept in abeyance", according to an update on its website. Live Events The proposed issue could rank among the largest IPOs in India's private-sector renewable energy space. Inox Clean Energy, part of the INOXGFL Group, proposes to use the proceeds from the fresh issue primarily for repayment or prepayment, in full or in part, of certain outstanding borrowings of the company and its subsidiaries, besides general corporate purposes. The company operates an integrated renewable energy platform with two principal businesses - renewable power generation and solar manufacturing. As of August 31, 2026, its renewable independent power producer (IPP) portfolio stood at 9.29 GW across India and Africa. This included 2.37 GW of operational capacity, with around 0.80 GW under construction, 2.99 GW of pipeline capacity and 3.13 GW of future capacity, according to the DRHP. Its solar manufacturing business has an operational solar module manufacturing capacity of 6 GW across India and the US, while solar cell manufacturing capacity is under construction in India and the US. After the IPO, Inox Clean Energy will compete with a growing number of listed renewable energy companies, including Adani Green Energy , NTPC Green Energy , ACME Solar Holdings , Waaree Energies , Premier Energies , Clean Max Enviro Energy Solutions and JSW Energy . The company is part of the broader INOXGFL Group, which has interests in chemicals and renewable energy. The group has three listed entities - Gujarat Fluorochemicals Ltd , Inox Wind Ltd and Inox Green Energy Services Ltd . The group has integrated capabilities spanning solar module manufacturing, wind power generation, engineering, procurement and construction (EPC) and renewable energy operations and maintenance. Nuvama Wealth Management , CLSA India, Emirates NBD Capital India, HSBC Securities and Capital Markets (India), ICICI Securities, IIFL Capital Services , JM Financial , Motilal Oswal Investment Advisors and UBS Securities India are the book-running lead managers to the issue. .Pbanner{display:flex;justify-content:space-between;align-items:center;background-color:#ec1c40;margin-top:20px;padding:5px 10px;border-radius:4px;color:#fff;line-height:10px;width: 100%;box-sizing: border-box} .Pbannertext{display:flex;align-items:center;font-size:16px;font-weight:600;font-family:'Montserrat';} .Pbannertext img{height:20px;margin:0 6px} .Pbannerbutton a{display:flex;align-items:center;background-color:#fff;color:#ec1c40;text-decoration:none;font-weight:600;padding:4px 8px;border-radius:6px;font-size:15px;font-family:'Montserrat';} .Pbannerbutton img{height:20px;margin-right:6px} .Pbannerbutton a:hover{background-color:#f7f7f7} Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our ETMarkets WhatsApp channel) (You can now subscribe to our ETMarkets WhatsApp channel)
India’s IPO pipeline expands as Sebi clears papers for Carlsberg India, Matangi Rubber, Ujin Pharma and TMC Transformer. The approvals come amid strong primary-market activity, with over 50 companies filing draft IPO papers in September despite volatility in broader equity markets. View More
Sebi has cleared IPO papers of four companies, including Carlsberg India, Matangi Rubber, Ujin Pharma and TMC Transformer, adding to a busy pipeline at a time when India’s primary market is seeing strong activity despite volatility in secondary markets. The capital markets regulator issued observations on the draft papers of these companies, according to the latest update. In Sebi parlance, issuance of observations means the companies can move ahead with their public issues, subject to market conditions and other approvals. Carlsberg India IPO Carlsberg India is the biggest name among the four. The Indian arm of Danish brewer Carlsberg filed its IPO papers through Sebi’s confidential pre-filing route in July. Reports had said the company could raise up to $700 million, or about Rs 6,600-6,700 crore, through the issue. Since the filing was made confidentially, details such as offer size, valuation, price band and share allocation have not yet been made public. Carlsberg India’s proposed listing is significant because it would bring one of the country’s leading beer makers to the market at a time when investor interest in consumption-led businesses remains strong. The company is among the large beer players in India and competes in a market driven by premiumisation, urban demand and rising disposable incomes. Live Events Matangi Rubber IPO Matangi Rubber’s proposed IPO comprises a fresh issue of 57.61 lakh shares and an offer for sale of 15.15 lakh shares by existing shareholders. The Delhi-based company manufactures tyres, tyre flaps, tubes and other rubber products. It plans to use IPO proceeds for expansion and debt repayment. The company had filed its draft papers in May 2026. Ujin Pharma IPO Ujin Pharma’s public issue will include a fresh issue of 1.18 crore shares and an offer for sale of 72.82 lakh shares by promoters Jinesh Rasiklal Sheth and Umang Ketan Mehta. The Mumbai-based company supplies chemical products and plans to use Rs 61.7 crore and Rs 21.6 crore from the fresh issue proceeds to invest in associate companies Altra Agro-Chem and Altra Pharma-Chem, respectively, by subscribing to equity shares and making them subsidiaries. TMC Transformer IPO TMC Transformer has received clearance for a Rs 550 crore IPO, which will be entirely a fresh issue of shares. The company operates in the power infrastructure space and manufactures power and distribution transformers. It had filed its draft papers with Sebi in July. Anand Rathi Advisors and Intensive Fiscal Services are the book-running lead managers, while MUFG Intime India is the registrar. The approvals come when India’s IPO market is moving through one of its strongest phases. More than 50 companies filed draft IPO papers in September alone, making it the busiest month in a year for such submissions. Strong listing gains and steady domestic liquidity have kept companies interested in tapping the market, even though benchmark indices have seen pressure from foreign selling, high US bond yields and crude oil concerns. Disclosure: This article has been written by Podishetti Akash, who is not a SEBI-registered Research Analyst or an Investment Adviser. Podishetti Akash and his ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclosures here. .Pbanner{display:flex;justify-content:space-between;align-items:center;background-color:#ec1c40;margin-top:20px;padding:5px 10px;border-radius:4px;color:#fff;line-height:10px;width: 100%;box-sizing: border-box} .Pbannertext{display:flex;align-items:center;font-size:16px;font-weight:600;font-family:'Montserrat';} .Pbannertext img{height:20px;margin:0 6px} .Pbannerbutton a{display:flex;align-items:center;background-color:#fff;color:#ec1c40;text-decoration:none;font-weight:600;padding:4px 8px;border-radius:6px;font-size:15px;font-family:'Montserrat';} .Pbannerbutton img{height:20px;margin-right:6px} .Pbannerbutton a:hover{background-color:#f7f7f7} Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our ETMarkets WhatsApp channel) (You can now subscribe to our ETMarkets WhatsApp channel)
Akhilesh Pathak has taken charge as Director (Projects) of Power Grid Corporation of India. He graduated in electrical and electronics engineering and joined POWERGRID in 1993 as an Executive Trainee. With over 32 years of experience, Pathak has worked extensively in project management and execution within the power sector. He has been critical in achieving significant capital expenditure utilization during his tenure in various leadership roles. View More
New Delhi: State-owned Power Grid Corporation of India on Thursday said that Akhilesh Pathak has assumed charge as its Director (Projects) with effect from September 30. An electrical & electronics engineering graduate, Pathak joined POWERGRID as an Executive Trainee in its first batch in 1993, a company statement said. He has also completed the Harvard ManageMentor Programme conducted by Harvard Business School. Also read: India power shortfall hits three-year peak despite higher coal burn With over 32 years of rich work experience in the power sector, Pathak has extensive experience in transmission system planning, project execution, project management, business development and strategic infrastructure development. Live Events He has held several key leadership positions in POWERGRID and has vast experience in development, execution, monitoring and commissioning of EHV transmission lines and substations. During his tenure in POWERGRID's Project Management Department , Pathak played a key role in achieving the highest-ever capex utilisation of the Corporation and one of the highest asset capitalisation and transmission line additions. He was also instrumental in the resolution of critical project implementation issues through effective stakeholder coordination and strategic project monitoring. Pathak led the Arun-3 SAPDC Transmission Project in Nepal, overcoming cross-border, regulatory and geographical challenges. He has also contributed significantly to POWERGRID's business development function through expansion of consultancy services in domestic and international markets, supporting revenue growth initiatives. Prior to his appointment as Director (Projects), Pathak served as Executive Director (Project Management) in POWERGRID. .Pbanner{display:flex;justify-content:space-between;align-items:center;background-color:#ec1c40;margin-top:20px;padding:5px 10px;border-radius:4px;color:#fff;line-height:10px;width: 100%;box-sizing: border-box} .Pbannertext{display:flex;align-items:center;font-size:16px;font-weight:600;font-family:'Montserrat';} .Pbannertext img{height:20px;margin:0 6px} .Pbannerbutton a{display:flex;align-items:center;background-color:#fff;color:#ec1c40;text-decoration:none;font-weight:600;padding:4px 8px;border-radius:6px;font-size:15px;font-family:'Montserrat';} .Pbannerbutton img{height:20px;margin-right:6px} .Pbannerbutton a:hover{background-color:#f7f7f7} Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times WhatsApp channel) (You can now subscribe to our Economic Times WhatsApp channel)
NTPC has achieved a significant 13 percent year-on-year growth in power generation for the July-September quarter. The power generation increased to 117.9 billion units, up from 104.4 billion units last year. Additionally, coal dispatch rose by 28.45 percent compared to the same period last year. The company's power trading volume also saw a 22 percent increase during this period. View More
New Delhi: NTPC has reported about 13 per cent year-on-year growth in power generation to 117.9 billion units (BUs) in July-September from 104.4 BUs in the year-ago quarter. "NTPC recorded robust growth across generation, coal dispatch and power trading, reflecting sustained operational efficiency," the company said in a statement on Thursday. Coal dispatch during Q2 FY 2026-27 stood at 11.899 million metric Tonnes (MMT), compared to 9.260 MMT in Q2 FY 2025-26, marking a significant year-on-year growth of 28.45 per cent, NTPC said. Its power trading volume also rose 22 per cent to 15.06 BU in Q2 FY2026-27 from 12.34 BU in Q2 FY26. Live Events Under the Ministry of Power, NTPC is India's largest power generation company, catering to the country's one-fourth energy demand alone. NTPC has an installed capacity of over 91 GW, with another 35 per cent GW under construction. .Pbanner{display:flex;justify-content:space-between;align-items:center;background-color:#ec1c40;margin-top:20px;padding:5px 10px;border-radius:4px;color:#fff;line-height:10px;width: 100%;box-sizing: border-box} .Pbannertext{display:flex;align-items:center;font-size:16px;font-weight:600;font-family:'Montserrat';} .Pbannertext img{height:20px;margin:0 6px} .Pbannerbutton a{display:flex;align-items:center;background-color:#fff;color:#ec1c40;text-decoration:none;font-weight:600;padding:4px 8px;border-radius:6px;font-size:15px;font-family:'Montserrat';} .Pbannerbutton img{height:20px;margin-right:6px} .Pbannerbutton a:hover{background-color:#f7f7f7} Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times WhatsApp channel) (You can now subscribe to our Economic Times WhatsApp channel)