Indian Power Sector Anticipates Strong Q2 FY27 Performance

India's power and utilities sector is forecast for a strong July-September quarter of financial year 2026-27 (FY27), according to a preview note by JM Financial. This growth is attributed to an 11 percent rise in overall energy demand and an 18 percent surge in peak load, reaching 270 GW. Thermal generation played a key role, with an all-India plant load factor of 65 percent, compensating for seasonal declines in renewable output and a 12 percent drop in hydro generation due to El Niño conditions.

Company Performance Projections

NTPC's revenue is estimated to increase by 12 percent year-on-year to ₹50,339.7 crore, with adjusted profit after tax (PAT) expected to jump 66 percent to ₹5,877.7 crore. For Tata Power, revenue is projected to climb 28 percent to ₹20,167 crore, and adjusted PAT is seen surging 81 percent to ₹1,305.3 crore, supported by its operational Mundra plant and growth in the discom business.

Capital goods and equipment suppliers Bharat Heavy Electricals (BHEL) and Suzlon Energy are also anticipated to report double-digit top-line momentum. BHEL's net sales are forecast to rise 20 percent year-on-year to ₹9,015 crore, with a 36 percent increase in adjusted PAT to ₹509.6 crore. Suzlon is estimated to register a 24 percent year-on-year rise in net sales to ₹4,815.1 crore and an adjusted PAT of ₹578.1 crore, up 3 percent, supported by deliveries reaching 660 MW.

NucFinder is pleased to announce that it has become a member of BULATOM, the Bulgarian Atomic Forum.

This membership marks an important step in NucFinder’s continued engagement with the European nuclear community and reflects our commitment to supporting the development of a stronger, more transparent and more connected nuclear supply chain.

As a dedicated nuclear supply chain platform, NucFinder connects buyers and suppliers across the global nuclear industry, helping companies discover relevant partners, showcase their capabilities, and build new relationships.

By joining BULATOM, NucFinder aims to strengthen cooperation with nuclear industry stakeholders in Bulgaria and across the wider region. Bulgaria has a long-standing nuclear energy tradition and an established industrial base, and is set to play an important role in the future development of the European nuclear sector.

We look forward to working together with BULATOM and its members to support the continued development of the nuclear industry and its supply chain.

NucFinder's membership in BULATOM is represented through Kleorix.

Windergy India 2026 to Focus on Wind Energy Sector Expansion

Windergy India 2026 will be inaugurated on October 8 in Chennai by Union renewable energy minister Pralhad Joshi. The event, running from October 7 to 9, will focus on the expansion of India's wind energy sector. Tamil Nadu chief minister C M Stalin, minister of state for renewable energy Shripad Yesso Naik, and Tamil Nadu energy minister C T R Nirmal Kumar are also expected to attend.

Organized by the Indian Wind Turbine Manufacturers Association (IWTMA) and PDA Ventures, the event will host approximately 400 exhibitors from over 20 countries and 500 delegates. Country pavilions will be featured from Denmark, Germany, and Spain. Discussions will cover wind power policy, manufacturing, repowering of old wind projects, and offshore wind.

India added 6.05 GW of wind power capacity in FY26, bringing its cumulative capacity to 58.5 GW by August 2026. An additional 28 GW of capacity is currently under implementation, with annual additions targeted to reach 8 GW by 2027. The government aims to achieve 100 GW of wind power capacity by 2030.