POWER TRANSMISSION
Mundra to Chile, Adani amps up the volume of its heavy metal rock
Adani Group has signed an agreement with Codelco to explore a copper project in Chile. This partnership aims to ensure a secure supply of copper for its operations in Mundra, Gujarat. The agreement comes amid rising copper demand in India and a need for more imports.
Tata Power shares rise 2% after Q2 results. Why brokerages are bullish despite target price cuts
Tata Power achieved a 33% year-on-year increase in net profit for the second quarter of FY27. Revenue also rose by 26% year-on-year to ₹19,886 crore during this period. Brokerages maintained their 'Buy' ratings while adjusting their target prices based on the latest performance figures. The company's EBITDA saw a modest growth of 5% year-on-year to ₹4,245 crore. Overall, Tata Power's market capitalisation exceeds ₹1.
These mid-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%, according to analyst
No doubt, the mood in the market has changed and the bulls seem to be back in a determined fashion. Don’t, however, expect the indices to keep climbing daily. There will be pauses. Also, though the things troubling the market have receded for now, they can still return. And these troubles are likely to be global rather than local.
Stocks in news: Tata Power, Cupid, Garden Reach, ITC, Aurobindo Pharma and Vodafone Idea
Indian benchmark indices have extended their winning streak, closing positively after the Muhurat trading session. Key stocks such as life insurance companies and Tata Power reported notable quarterly earnings results. HDFC Life and LIC showed healthy premium growth, while Tata Power recorded a record profit in Q2 FY27. Other companies like Cupid and Mishra Dhatu Nigam also reported impressive profit increases during the quarter.
Tata Power says no provision needed for $650 million Kleros Award
Tata Power Company is currently not planning any financial provisions despite an adverse ruling from a Singapore court. The company believes they have a strong appeal against Kleros Capital Partners, who were awarded over $650 million. In the most recent quarter, Tata Power reported an all-time high consolidated net profit of ₹1,652 crore. Additionally, Tata Power's board has appointed Sanjay Banga as CEO-designate for the upcoming five years.
For investors with medium-term outlook: 5 large-cap stocks with upside potential of up to 23%, according to analysts
The headwinds hitting the market are not just easing now. Some of them are actually turning into tailwinds. That is a real change. The broader market is inching higher, and the Nifty and the Sensex are moving up with it. For months, the bulls were trying and failing to get a foothold. This time the attempt looks more serious, because the macro picture, for once, is working for rather than against them.
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India's renewable energy expansion averts $100 bn in fuel imports, savings seen at $240 bn by 2030
The findings underline the growing economic and energy-security dividends of India's renewable energy transition, with increased domestic electricity generation reducing exposure to imported fossil fuels and volatility in international energy markets.
Tata Power Q2 Results: PAT jumps 33% YoY to Rs 1,652 crore, revenue rises 26%
Tata Power reported its highest-ever quarterly profit of Rs 1,652 crore in Q2 FY27, up 33% year-on-year. Revenue surged 26% to Rs 19,886 crore, supported by renewables, generation, distribution and a record Rs 10,000 crore first-half investment.
India clears Rs 68,800-crore power corridor to connect western renewables with eastern demand hubs
India has approved the construction of a 1,150-kilovolt power transmission corridor that will aid electricity distribution. This corridor will connect western energy generation hubs to eastern industrial and urban centers. The project's estimated cost is nearly 688 billion rupees and is expected to take about six years to complete. The first phase will specifically link Chhattisgarh, Odisha, and West Bengal.
Maharashtra plans FY28 IPO for state power transmission firm MSETCL; approval likely soon
Maharashtra State Electricity Transmission Company (MSETCL) is targeting an FY28 IPO to raise ₹7,000-8,000 crore, with a proposal submitted to the state government and approval expected within two months, according to Additional Chief Secretary Abha Shukla. The transmission utility has appointed six banks for the proposed listing and plans to use the funds to participate in tariff-based competitive bidding projects.
Growing demand, demographics, digital agenda & energy security are long-term and secular tailwinds for India: Macquarie’s Ed Northam
Head of green Investments for the Australia’s largest asset manager said the firm is looking to reboot its India operations. While renewables will remain the biggest focus, industrial energy transition and E-mobility will be other key areas, he said. Since 2005, Green Investments group has deployed over $21 billion across 94 investments worldwide.
Time to be contrarian? Are analysts behind the curve? 5 stocks from two segments of the oil and gas space
The tensions that drove oil higher are still lurking under the surface. A single statement, or a single strike, and they can surface again within days. Another round of trouble cannot be entirely ruled out. And if it comes and oil climbs again, much of the contrarian case we are making weakens with it. So the improvement is real, but it is not yet fully safe.
India's net-zero transition aim by 2070 offers $22.7 tn investment opportunity for global capital
India's push to achieve net-zero emissions by 2070 could unlock a $22.7 trillion investment opportunity across renewable energy, power grids, battery storage, green hydrogen and clean technologies, according to a report by Australian economist Nicki Hutley. The report estimates a $6.5 trillion funding gap, which will require international capital to bridge.
When wars and AI cast a shadow, India has pressed a power reset
India’s renewable energy expansion is reshaping its energy security, cutting dependence on imported coal and natural gas as wars, oil supply disruptions and AI-driven electricity demand put pressure on power markets. An International Energy Agency report says clean energy saved India over $100 billion in fuel imports between 2011 and 2025, with cumulative savings potentially reaching $240 billion by 2030.
US midterm results may give India trade leverage, but tariff and AI risks remain
The US midterm results may give India some room in trade negotiations by increasing congressional scrutiny of executive action, but they do not remove tariff risks or alter Washington's strategic priorities. AI investment is also unlikely to retreat, with capital expected to remain within the US rather than shift significantly to emerging markets.
Enough of COP Jamborees
Falling solar and battery costs have made renewable energy commercially competitive with coal in India. As COP31 begins in Turkiye, the focus should shift to accelerating electrification of transport, promoting agrivoltaics, investing in transmission and grid stability, and ensuring reliable payments by discoms to sustain the country's green transition.
If AI unwinding pulls power stocks down, mind the difference between narrative and business: 6 stocks with upside potential of up to 30%
It is quite possible that, over the coming weeks, the narrative on the street could be that power stocks, which many had started to treat as a kind of proxy for the AI build-out, would come under pressure. But linking these stocks to global unwinding in the AI trade could be a mistake because demand for power in India depends on something far bigger and far older.
Adani Green bets on battery storage to offset grid issues
Adani Green Energy lost Rs 700 crore in Ebitda over the six months ended September. Without curtailment, its first-half FY27 Ebitda would have been about Rs 9,000 crore, against the actual Rs 8,276 crore.
Renewable energy could save India $240 billion in coal, gas imports by 2030: IEA
The savings are expected to increase as solar and wind power displace imported fossil fuels, with annual savings projected to reach around USD 35 billion by 2030, exceeding India's actual non-coking coal and natural gas import bill in the financial year 2024-25.
SJVN holds talks with Nepal government to expedite 1,569-MW hydropower projects
SJVN Ltd chairman Bhupender Gupta met various Nepal government officials to expedite hydropower projects. The discussions focused on the Arun-3 project and the challenges it faces, including land issues. Necessary approvals were also discussed for the pre-construction activities of the Lower Arun project. SJVN aims to strengthen energy security and promote sustainable power generation in Nepal.
Strong balance sheet, domestic focus, and a moat matter more: 5 large-cap stocks with upside potential of up to 24%
The big event the market was waiting for has come and gone. So, is there greater clarity about where the crisis in the Gulf is headed? Not really. While US President Trump acknowledged the war was one of the reasons his Republican party received a drubbing at the hands of the Democrats, he said he would do it again. Which suggests it is unlikely that the uncertainty and volatility in the markets will go away anytime soon.
IREDA seeks global funding partnerships to lower borrowing costs for green projects
IREDA is aiming to collaborate with global banks and investors for long-term green financing initiatives. Renewable energy developers in India face high borrowing costs compared to those in developed markets. The country requires significant investment to achieve its renewable energy capacity goals by 2030. Concerns regarding land acquisition and transmission infrastructure continue to pose challenges for developers. Disruptions in power generation can substantially impact project finances and repayment capabilities.
CCI clears KKR's Rs 6,000 crore investment in PETRONAS-backed Gentari Renewables
Global investment firm KKR has received approval from India's Competition Commission to invest in Gentari Renewables India. This clean energy platform is part of Malaysia's PETRONAS group, which focuses on renewable energy projects. KKR plans to invest approximately Rs 6,000 crore in the Indian renewable energy sector. The firm already holds investments in various Indian clean energy companies.
EV maker Eka plans production in line with infra readiness
Eka Mobility, a Pune-based electric vehicle maker, is facing delays with electric bus deliveries due to charging infrastructure issues. The company can only deliver around 2,000 electric buses from an order book of approximately 11,000 over the next two years. Depot readiness takes about a year as state transport needs to establish necessary infrastructure. Chairman Sudhir Mehta suggested that the government should separate depot development from bus procurement.
Days before Washington DC power outage, US Department of Energy had issued warning
On Monday, a power outage hit the Foggy Bottom area of Washington DC, leaving over 1,100 residents in the dark. The incident was caused by a malfunction at a Pepco substation, impacting essential government services nearby. Emergency teams responded quickly to reports of smoke and a manhole explosion close to the World Bank. Traffic lights were down, causing significant disruptions until power was restored later in the afternoon.
Advait Energy Transitions Q2 profit jumps 89% to Rs 19.18 crore; revenue rises 41%
Advait Energy Transitions has reported an 88.5 percent increase in net profit for the quarter ending September 30, 2026. Revenue for this period rose 40.8 percent, reaching Rs 220.9 crore, driven by strong demand for power transmission solutions. The company also experienced substantial growth in its consolidated revenue for the first half of FY27.
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%
Oil prices matter to the Indian economy, and the market responded with a smart rally as Brent crude cooled significantly on Monday. The rally was broad-based and involved all segments. But too much should not be read into one day’s showing. The thing to watch remains the results of the US mid-term elections which will be known in India through Wednesday. It will decide which way the market will move in the coming days and weeks.
These large-, mid- and small-cap stocks can give more than 20% return in 1 year, according to analysts
Here’s one thing that is worth clarifying, because it is in the headlines. Large global technology companies have been announcing heavy spending on AI, and there has been some correction in those stocks because of it. It is natural to worry that this will spill over into the Indian market. It most likely will not.
For investors with ability to look past the current bearish narrative: 5 large-cap stocks with upside potential of up to 34%
One stock not falling on bad news does not mean the worst is over for the whole market. It may mean only that the bears have, for now, taken out of that one stock all that they wanted to. The broader pressure can still come back. So this is a small positive, and it should be considered just that, and nothing more.
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