NTPC Vidyut Vyapar Nigam (NVVN), a wholly owned subsidiary of NTPC Limited, is moving ahead with plans to set up a 50 MW thermal power project at Hope Town, located in Ferrargunj tehsil in South Andamans district of the Andaman and Nicobar Islands. The investment for this project is approximately Rs 4 billion. The project will consist of five units of 10 MW each. It will primarily run on regasified liquefied natural gas (RLNG)…
Waaree Renewable Technologies Limited (WRTL) has been officially listed on the National Stock Exchange of India (NSE), marking a key milestone for the company. The NSE listing is expected to strengthen Waaree’s market presence, improve investor engagement, and support access to capital for future expansion. WRTL plans to scale its solar capacity, explore hybrid energy solutions, and expand its footprint in both Indian and global markets. A subsidiary of Waaree Energies Limited, WRTL benefits from…
Eastman Auto and Power has announced plans to invest between Rs 7 billion and Rs 10 billion over the next three financial years to expand its capacity. The investment will be funded through internal accruals. The company will focus its expansion on the distributed rooftop solar segment. Eastman aims to reach a turnover of Rs 100 billion by FY26, up from Rs 36 billion in FY24. Founded in 2006 and based in Delhi, Eastman Auto…
Egypt and France have signed an agreement to build a green hydrogen and derivatives complex, including green ammonia, in Ras Shukeir. The €7 billion project will be fully financed by the private sector and developed in three phases. Once operational, the facility is expected to produce up to one million tonnes of green ammonia annually. The first phase, set to begin in 2029, will be led by EDF Renewables and Zero Waste. It will involve…
Inox Solar, a subsidiary of Inox Clean, has received land allocation from the Odisha government for its solar cell and module manufacturing plant in Dhenkanal. The planned facility will have a capacity of 4.8 GW each for solar cells and solar modules. It is part of the Rs 40 billion investment announced earlier this year by the INOXGFL Group, aimed at setting up a large-scale solar manufacturing unit in the state. Approved by the High-Level…
JSL Super Steel, a subsidiary of Jindal Stainless Limited (JSL), has signed a power purchase agreement with Sunsure Energy. The agreement is for the supply of 11 MWp solar power at its plant in Ghaziabad, Uttar Pradesh. The solar power will be sourced from Sunsure’s 49 MWp open access solar project located in Augasi, Banda district. This project has been developed under the “Uttar Pradesh State Power Banking Policy”. Through this agreement, JSL will meet…
The Ministry of Coal has signed agreements for two coal blocks under the 11th round of commercial coal mine auctions. Marwatola-II has been awarded to Singhal Business Private Limited. Namchik West has gone to PRA Nuravi Coal Mining Private Limited. One of the blocks is fully explored, while the other is partially explored. Together, the two mines have a peak rated capacity of 0.34 million tonnes per annum. They are expected to generate Rs 1.06…