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Iraq signs MoUs with US firms for 24 GW power and 3 GW solar projects

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Iraq has signed three memoranda of understanding (MoUs) with US entities to develop large-scale energy projects for reducing dependence on Iranian imports and diversifying its power sources. The Iraqi prime minister’s media office announced the agreements as part of the country’s broader energy strategy. Under the first MoU, GE Vernova will develop combined-cycle gas power plants with a total capacity of 24 GW. This is expected to be Iraq’s largest and most advanced power generation…

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NPCIL explores joint nuclear projects with PSUs and states

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The Nuclear Power Corporation of India Ltd (NPCIL) is in talks with central public sector undertakings (PSUs), including Indian Oil Corporation (IOC) and Indian Railways, for joint development of nuclear power plants.   Several states have shown interest in acquiring minority stakes in upcoming nuclear projects. According to NPCIL, state participation would ease land acquisition and clearances, making the projects more feasible.   NPCIL already operates a joint venture with IOC and Neyveli Lignite Corporation. The collaboration…

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Havells to invest Rs 6 billion in Goldi Solar

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Havells India Limited has signed a binding term sheet to invest Rs 6 billion in Goldi Solar Private Limited. This investment is part of Goldi Solar’s proposed fundraise of up to Rs 13 billion, expected to close within 75 days from the announcement. The move aligns with Havells’ broader strategy to grow its footprint in the renewable energy sector. It aims to offer integrated solutions across energy generation, storage, distribution, and consumption. Havells is already…

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MNRE issues revised draft guidelines for prototype wind turbines

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The Ministry of New and Renewable Energy (MNRE) has released revised draft guidelines for the installation and certification of prototype wind turbines in India. The new framework allows manufacturers up to three years to complete type testing and secure certification from internationally accredited agencies. The National Institute of Wind Energy (NIWE), Chennai, will implement the framework. Prototype turbines will be installed only for type testing. NIWE will issue a recommendation letter to initiate the process….

Power Sector News Roundup for April 14, 2025

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India: • TPREL signs 25-year PPA with NTPC for 200 MW FDRE project• NHPC begins commercial operations of 107.14 MW solar capacity in Rajasthan• Centre launches and initiates power projects worth Rs 18.2 billion in eastern UP• Nine ISTS-TBCB schemes fully commissioned in FY25, slowdown in transmission growth• CEA clears 7.5 GW of hydro pumped storage DPRs in 2024–25• Jupiter International secures Rs 5 billion to boost solar manufacturing• SECI and KSEB partner for 125…