Author: PPD Team Date: October 21, 2024
Integrum Energy Infrastructure has reportedly filed a draft red herring prospectus (DRHP) for an initial public offering (IPO).
The IPO will include a fresh issue of up to 4.95 million equity shares and an offer for sale of up to 0.54 million equity shares.
The proceeds will be directed toward the development of a new solar plant and meeting the company’s working capital needs.
Author: PPD Team Date: July 21, 2025 NTPC Limited has suspended the installation of flue-gas desulphurisation (FGD) systems at five of its under-construction thermal power plants, following a new notification from the Ministry of Environment, Forest and Climate Change (MoEFCC) issued on July 11, 2025. The affected projects, Lara-II, Singrauli-III, Sipat-III, Darlipalli-II, and Telangana-II, have a combined capacity of over 7 GW. As reported by The Economic Times, the revised emission norms now exempt many…
Author: PPD Team Date: April 20, 2026 The Atomic Energy Commission (AEC) has approved a draft foreign direct investment (FDI) policy framework for India’s nuclear power sector, marking an initial step toward opening the segment to private and foreign capital. The proposal will now move to inter-ministerial consultations under the SHANTI Act, 2025. The development was confirmed by Seema S Jain of the Department of Atomic Energy at a workshop in New Delhi. The policy…
Author: PPD Team Date: March 3, 2026 GAIL (India) Limited has approved the development of a 178.2 MW greenfield wind power project in Maharashtra, with an estimated investment of Rs 1,736.25 crore. The decision was taken at a board meeting held on February 27, 2026. The proposed capacity will add to GAIL’s existing wind portfolio of 117.95 MW, which is currently operating at full capacity. The project is scheduled for completion within 24 months from…
Author: PPD Team Date: August 13, 2025 NLC India Limited (NLCIL) has signed a Memorandum of Understanding with the Bhabha Atomic Research Centre (BARC) to launch a pilot project for extracting rare earth elements (REEs) from fly ash. The project will be set up in Neyveli, with BARC providing technical expertise. The initiative aims to demonstrate a new method of recovering REEs from fly ash, a by-product of thermal power generation. This process addresses fly…
Author: PPD Team Date: December 16, 2024 Hydrogen Oman (Hydrom) and thyssenkrupp nucera have signed a Memorandum of Understanding (MoU) to advance Oman’s green hydrogen sector. The partnership will focus on exploring localisation opportunities and establishing service hubs for water electrolysers to support hydrogen production. Hydrom, the national orchestrator of Oman’s green hydrogen strategy, has designated over 2,300 square kilometres for large-scale green hydrogen projects. The company aims to build an integrated hydrogen ecosystem through…
Author: PPD Team Date: August 1, 2025 Schneider Electric has announced it will acquire the remaining 35 per cent stake in its Indian joint venture from Temasek for €5.5 billion (approximately USD 6.4 billion), aiming for complete control of its operations in India. The deal will give Schneider Electric full ownership of Schneider Electric India Private Limited (SEIPL). The company expects the move to accelerate local decision-making in what it calls its third-largest market. Schneider…