Maharashtra’s cabinet has approved a financial restructuring plan for state-owned power distribution firm Mahavitaran that will split it into two entities. One entity is slated for listing on stock exchanges after an IPO is launched within six to nine months of completing the recast process, marking a major shift in the state’s power-sector strategy.
India’s Draft Electricity (Amendment) Bill, 2025 is pitched as a reboot for efficiency and competition. But critics warn the structure could realign risks and costs toward consumers, turning “power for profit” into a quiet tariff shift. The question: will discoms get a breather—or will households quietly foot the bill?
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With the Nifty index sliding in March, Indian mutual funds stepped up buying, believing valuations have reset to better levels. Flows tilted toward banks and financial companies, while power sector stocks also attracted more interest—signaling a shift toward domestic growth themes. At the same time, worries over global conflicts appear to be shaping risk appetite and stock selection.
Bharat Coking Coal Ltd, a Coal India subsidiary, has introduced a new scheme to push power companies to lift more coal and reduce their costs. The plan prioritises higher offtake, especially through rail, to support reliable electricity supply and India’s energy self-reliance. Incentives will be awarded based on actual coal lifted against quarterly targets.
Himachal Pradesh has approved engaging more than 2,600 youth in the Himachal Pradesh State Electricity Board Limited to tackle a shortage of field personnel. Of the total, 1,602 will be hired as Bijli Upbhogta Mitras and 1,000 as T-Mates. The move is intended to strengthen on-ground power services across the state.
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