POWER
Power outage in Seattle: Nearly 83,000 customers lose power amid windstorm; check affected areas, weather advisory and more
Seattle power outage news: A severe windstorm impacted Western Washington, resulting in wide-scale power outages for over 83,000 customers. Seattle City Light reported significant outages in different areas, including West and South Seattle. Puget Sound Energy also faced outages disrupting service to numerous customers across the region. Winds reached high speeds, with some gusts recorded at 69 mph in Hoquiam.
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.
Wind advisory issued for Seattle, Bellingham, San Juan Islands as Washington braces for heavy rains, 50 mph gusts and power outages
A wind advisory has been issued for Seattle, Bellingham, San Juan Islands and several other parts of western Washington as strong winds and heavy rain threaten the region. Forecasters warn that wind gusts could reach 45 to 50 mph, potentially bringing down tree branches and triggering power outages. A High Wind Warning has also been issued for parts of the Washington coast, where gusts could reach 60 mph.
Quant Small Cap Fund adds Jio Platforms and 4 others; increases stake in Adani Power, 5 more
Quant Small Cap Fund added Jio Platforms, Primo Chemicals and three other stocks to its portfolio in October. The fund also increased exposure to Adani Power and LIC Housing Finance, exited five stocks and trimmed holdings in three others.
AI selloff hits India too: TD Power, HFCL, Sterlite, other power capex-linked stocks crash up to 15%
Indian power capex and AI-linked stocks tumbled as a global technology sell-off spread across markets, with TD Power and Thermax plunging 15% each. Concerns that US midterm election results could slow data centre expansion and AI infrastructure spending triggered sharp losses across Asian technology stocks and domestic market-linked companies.
Tata Power Renewables commissions 300 MW project for SECI in Karnataka
Tata Power Renewable Energy Ltd has successfully commissioned a 300 MW solar project located in Koppal, Karnataka. This project is expected to generate approximately 810 MUs of renewable energy each year. The project will assist in reducing around 103,820 tonnes of carbon emissions annually. Notably, about 16 women professionals represent nearly 40 percent of the workforce employed at the site.
Rajesh Power secures ₹1,629 crore order for Gujarat's power infrastructure modernisation
Rajesh Power announced that it secured a ₹1,629 crore order from Gujarat Vij Company Limited for its modernisation project. The project includes upgrading high and low tension electricity distribution networks into underground cable systems. Execution of this turnkey project must be completed within 24 months as stipulated in the contract. This contract expands the company's order book to ₹5,400 crore, marking a substantial increase.
Torrent Power's Q2 net profit rises 13% YoY to Rs 838 crore
In a strong financial report, Torrent Power recorded a 13% increase in net profit, totaling ₹838 crore for the latest September quarter. Revenue surged by 24.5% to ₹9,802 crore, up from ₹7,876 crore the previous year. Although Ebitda grew by 15.5% to ₹1,739 crore, tighter Ebitda margins reflect the pressure of increased finance costs.
Power outage hits parts of Skiatook as Police urge residents to take precautions
Parts of Skiatook, Oklahoma, are experiencing power outages, prompting heightened safety precautions. Local agencies, including law enforcement and the electric department, are actively coordinating their efforts. Residents should observe four-way stops at intersections lacking traffic signals and avoid downed power lines. Immediate reporting of electrical hazards is essential. While emergency services remain functional, only call 911 for actual emergencies.
BHEL bags orders worth up to Rs 28,000 crore from Adani Power for four 1,600 MW projects
Bharat Heavy Electricals Limited has received orders from Adani Power Limited for four power projects. Each project has a capacity of 2x800 MW and is valued between Rs 5,000 crore to Rs 7,000 crore. The total contract value for all projects is estimated to be between Rs 20,000 crore and Rs 28,000 crore. The contracts involve the supply of equipment and services for the projects.
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.
NTPC targets 149 GW capacity by 2032, steps up nuclear expansion plans
NTPC aims to add 58 gigawatts of power generation capacity, reaching 149 gigawatts by 2032. The company's growth will include various energy sources, notably in the nuclear sector. Currently, NTPC's installed capacity stands at 91 gigawatts, with significant nuclear projects underway. India shows resilience in its power sector despite global challenges and rising energy demands. October witnessed a 21 percent increase in power demand, underscoring the sector's robust performance.
Washington DC power outage update: Pepco says power restored for all customers in Foggy Bottom after over 1100 hit, GWU classes canceled
On November 2, more than 1,100 customers were without power in Foggy Bottom due to an issue at Pepco's I Street Substation. D.C. Fire and EMS responded to reports of smoke from manholes in the area. George Washington University canceled most classes during the outage and monitored Pepco's restoration efforts closely. By 2:20 pm, power was fully restored, allowing classes to resume the following day.
Govt mulls giving Cert-In enforceable powers to mandate patching
Last month, two critical flaws in the PHP programming language, discovered with the help of AI, created worldwide panic as hackers targeted the vulnerabilities millions of times, and led to governments including the US, UK, France, Germany and Japan taking down public websites. PHP powers 69.3% of websites worldwide.
Washington DC power outage today: Smoke comes out of manholes in Foggy Bottom neighbourhood just one day before US midterm elections 2026
A power cut occurred in Washington DC on Monday. It impacted over 1,176 Pepco customers. George Washington University and other government buildings in the area faced the power cut due to a power outage at a substation. Smoke was also reported to come out of manholes. This happened just one day before the US midterm elections 2026.
Power outage Washington DC today: World Bank hit by manhole explosion as State Department, George Washington University and 1,100+ Pepco customers lose power
On November 2, Foggy Bottom and downtown Washington DC experienced a significant power outage affecting over 1,100 customers. Emergency crews rushed to the scene due to reports of smoke from various manholes, creating safety concerns. Notable buildings including those linked to the US State Department and George Washington University were left without power.
India's power consumption rises 21.88% to 159.76 billion units in October
India witnessed a striking power consumption of 159.76 billion units in October 2026, marking a considerable increase from previous years. The surge was primarily driven by a spike in commercial and industrial activities during the festive phase, leading to a peak demand escalation to 260.73 GW, up from 210.82 GW the previous year.
India's October coal-fired power output jumps most in 3 years as hydro generation slumps
India experienced a surge in coal-fired electricity generation of 25.7% in October compared to the previous year. The increase was attributed to a substantial decline in hydropower generation by 26% caused by lower rainfall. Power demand from industrial activity contributed to the rise in coal usage across the country. During October, renewable power generation also increased by 34.7%, primarily from solar energy. Overall electricity generation grew by 21.
Vedanta Power Q2 results: Company swings to profit at Rs 83 crore; revenue rises 38% YoY
Vedanta Power reported a turnaround in Q2 FY27, posting ₹83 crore profit against a ₹1,688 crore loss last year. Revenue rose 38% to ₹2,908 crore, while EBITDA surged 122%, supported by record power sales and improved operations.
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