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Apar Industries to triple Continuous Transposed Conductor capacity by FY26
Apar Industries Ltd has announced plans to expand its Continuous Transposed Conductor (CTC) production capacity to meet increasing demand driven by government prioritization of power and generation equipment. The expansion will triple the company’s CTC capacity from 7,350 tonnes per year to 20,490 tonnes by Q3FY26. The current capacity of 7,350 tonnes, utilized at 98%, will be augmented in phases. By March 2025 (end of FY25), an additional 5,160 tonnes will be operational. A further…
9 nuclear power reactors under construction, 12 in pipeline
Department of Atomic Energy (DAE) has highlighted India’s commitment to expanding its nuclear capabilities, noting that 9 nuclear power reactors with a total capacity of 7,300 MW are under construction, with plans for twelve more reactors underway. A greenfield facility of the Nuclear Fuel Complex (NFC) is being established at Rawatbhata, Kota, Rajasthan. This facility, including the PHWR Fuel Fabrication Facility (PFFF) and Zircaloy Fabrication Facility (ZFF), aims to produce 500 tons per year of…
MoP urges states to identify sites for nuclear power projects
Power Minister Manohar Lal Khattar has encouraged states to identify viable sites for nuclear power plants, especially in areas far from coal sources. The government has already shortlisted 18 locations across the country for new nuclear capacity, aiming to increase nuclear power from 8 GW to 20 GW by 2032. The Minister advised states to repurpose sites of retired coal-based thermal plants for this purpose. At the recent Power Ministers’ conference on 12 November 2024,…
SBEC Systems commissions 632 KWp solar power project in Uttar Pradesh
SBEC Systems (India) has commissioned a 632 KWp solar power project at G S Pharmbutor’s Nutrition Division, located within the Modi Steel Compound in Modinagar, Uttar Pradesh. The project became operational on November 5, 2024. This initiative aligns with SBEC Systems’ focus on engineering and consultancy services across various industries, emphasizing their commitment to advancing renewable energy solutions.
Reliance Power settles Rs 38.72 billion guarantee for VIPL
Reliance Power Ltd has announced that it had fully settled its Rs 38.72 billion obligation as a guarantor for Vidarbha Industries Power (VIPL). The settlement has resulted in the release of all corporate guarantees, undertakings, and obligations linked to the outstanding debt. As part of the agreement, 100% of VIPL’s shares have been pledged to CFM Asset Reconstruction, relieving Reliance Power of its corporate guarantee commitments. The company also confirmed it is now debt-free with…
EAAIF, FMO, and DEG invest €84 million in Senegal solar projects
The Emerging Africa & Asia Infrastructure Fund (EAAIF), the Dutch development bank FMO, and Deutsche Investitions- und Entwicklungsgesellschaft mbH (DEG) have collectively invested €84 million in two photovoltaic solar plants with battery storage systems in Senegal’s Kolda region. These projects, operated by Axian Energy, will have a combined capacity of 60 MW with 72 MWh of battery storage to stabilize the grid and support evening peak demands. The total project cost exceeds €105 million, with…