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NLC India board clears NIRL listing, Rs 66.6 crore investment
NLC India Limited, following a meeting of its Board of Directors held on January 12, 2026, has granted in-principle approval for the listing of its wholly owned subsidiary, NLC India Renewables Limited (NIRL). The proposed listing is in line with the Government of India’s National Monetisation Pipeline strategy and involves dilution of up to 25%…
India to launch new weather satellite for renewable grid stability
India plans to launch a weather satellite and upgrade its forecasting systems as climate variability disrupts solar and wind output, reported the Mint. The Ministries of New and Renewable Energy and Earth Sciences are developing a joint prediction system to improve the modelling of weather patterns that affect renewable generation. Recent drops in wind speed…
Patel Engineering reports 151% profit surge in Q2 FY25
Patel Engineering Limited announced a net profit increase of 151% year-over-year for Q2 FY25. For the quarter ending September 30, 2024, the company reported a revenue increase of 14.98%, reaching Rs 11,743 million, driven by progress in hydropower, irrigation, and tunnelling projects. The operating EBITDA rose by 15.8% to Rs 1,622 million, while the net…
Singapore gets its first hydrogen-ready combined cycle power plant from Keppel
Keppel Ltd. has commenced commercial operations at the Keppel Sakra Cogen (KSC) Plant, described by the company as Singapore’s first hydrogen-compatible combined cycle power plant. The 600MW combined cycle gas turbine (CCGT) facility increases Keppel’s power generation capacity by about 45% amid rising electricity demand and a growing focus on energy security and resilience. The…
KPI Green signs PPAs with GUVNL for renewable energy projects
KPI Green Energy has signed power purchase agreements (PPAs) with Gujarat Urja Vikas Nigam (GUVNL) for 620 MWAC (917 MWDC) renewable energy projects. The agreement includes a 250 MWAC (275 MWDC) grid-connected solar photovoltaic project, won through a competitive bidding process under Phase-XXIV, aimed at procuring power from 500 MW grid-connected solar projects across India,…
India rejects China’s WTO panel request on PLI schemes
India has declined to accept the establishment of a dispute panel at the World Trade Organization (WTO) over its Production Linked Incentive (PLI) schemes for the automotive and renewable energy technology sectors. The issue was discussed at a meeting of the Dispute Settlement Body (DSB) held on 27 January 2026, following a request from China….
