Oriana Power Allocates Rs 1.18 Billion for Subsidiary Investments

Oriana Power Limited has announced an investment of up to Rs 1.18 billion in three of its subsidiary companies. The capital injection is intended to support engineering, procurement, and construction (EPC) activities, alongside the development of solar power projects.

A significant portion of this investment, up to Rs 650 million, is allocated to Oriana Usolar Joint Venture Private Limited. This funding will specifically target the enhancement of its EPC services. Additionally, Dynospark Private Limited is set to receive up to Rs 500 million, and Voltonomy Energy Private Limited will receive Rs 30 million. Both of these investments are earmarked for the development of solar power plants.

The company plans to disburse these investments in one or more tranches. The full allocation is scheduled to be completed within 60 days from September 14, 2026.

NTPC Increases Nuclear Capacity Target to 50 GW by 2047

NTPC, a state-run power major, has announced an increase in its targeted nuclear capacity addition to about 50 GW by 2047. This represents an upward revision from the 30 GW target previously stated in its annual report. The new target accounts for half of India’s national goal to build 100 GW of nuclear power capacity by 2047.

Nuclear power is becoming a critical long-term growth opportunity for NTPC, aligning with national policy priorities for energy security. Future nuclear projects are anticipated to operate under regulated cost-plus economics. The pace of development will depend on state utilities formalizing long-term demand.

Currently, work is in progress on the 2,800 MW Mahi Banswara Atomic Power Project in Rajasthan. This project, estimated at ₹42,000 crore, is being executed through ASHVINI, a joint venture. Nuclear Power Corporation of India holds a 51% stake in ASHVINI, with NTPC owning the remaining 49%.

India's Power Sector Emissions Flat Amid Clean Energy Surge

According to an analysis by the Centre for Research on Energy and Clean Air (CREA), power-sector carbon dioxide emissions in India remained flat from the first half of 2024 to the first half of 2026. This stability occurred as an expansion of non-fossil capacity absorbed all growth in electricity demand. The report highlights that this is the first time in over 50 years that coal power in India has not grown over a two-year period, even with an increase in overall electricity demand.

Clean energy sources met the entire 7% rise in electricity demand over these two years, providing an additional 63 terawatt-hours (TWh) of electricity. Solar capacity additions, totaling 77 gigawatts, were the primary driver, fulfilling 60% of the power demand growth. Additional generation from wind contributed 13 TWh, hydro 8 TWh, and nuclear energy 7 TWh. These non-fossil gains collectively reached 70 TWh, exceeding the country's net electricity demand growth during the period.