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Vistra to Install New Gas-Fired Units at Permian Basin Power Plant

LCG, September 30, 2025--Vistra Corp. announced yesterday that it will proceed with the next phase of its capital plan to support grid reliability in Texas. In 2024, Vistra identified over $1 billion worth of potential capital additions in generation capacity within the Texas ERCOT market by 2028 if market conditions were supportive. Now, with West Texas' growing power requirements, particularly the state's expanding oil and natural gas industries, Vistra reached a final investment decision and confirms it will build two new advanced natural gas-fired power units on-site at its Permian Basin Power Plant.

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ERCOT Announces New Grid Research, Innovation and Transformation (GRIT) Initiative

LCG, September 24, 2025--Electric Reliability Council of Texas Inc. (ERCOT) yesterday announced its new initiative to increase its efforts to fully use and apply innovation and transformation through industry collaboration to best overcome the challenges and opportunities facing future grid operations. The new Grid Research, Innovation, and Transformation (GRIT) initiative will advance research and prototyping of emerging concepts and solutions to better understand the implications of rapid grid and technology evolution and position ERCOT to lead in the future energy landscape.

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Industry News

Power Plant Seen in Indian State

LCG, Jan. 27, 2004--Six months after legal reforms governing the power sector were instituted in India, the country's Reliance Industries has announced it is considering construction of a 3,500-megawatt power plant.

One of the main features of the act that appears to have prompted the plans for the state of Uttar Pradesh is the status it gives to state electricity boards, which have shown difficulty in returning dues owed to private investors, including Enron in the early 1990s. The managing director of Reliance Industries, Anil Ambani, said, "We would not have made this investment if we were not confident that Uttar Pradesh is committed in a durable fashion to a genuine reform of its power sector."

Uttar Pradesh, in northern India, has over 40,000 villages that do not have electricity. Theft and poor efficiency are serious problems in areas that do have power supplies.
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