The Ministry of Power (MoP) has planned to set up a nuclear power plant (NPP) in Kerala, pending the availability of 60.7 hectares of land.
Athirappilly in Thrissur district and Cheemeni in Kasaragod district have been identified as suitable sites for the plant.
Kerala State Electricity Board (KSEB) intends to utilize the thorium reserves along the Kerala coast to establish a thorium-based NPP.
ACME Venus Urja Private Limited, a subsidiary of ACME Solar Holdings Limited, has arranged long-term financing of Rs 3,892 crore from State Bank of India for a 400 MW firm and dispatchable renewable energy project in Barmer, Rajasthan. The loan will be repaid over 19 years. The project marks ACME’s largest financing support from SBI…
Samvardhana Motherson International Limited has signed a power delivery agreement (PDA) with HR Dhauliganga Private Limited, a special purpose vehicle (SPV) of Hinduja Renewables Energy. The deal allows the group to source solar power from a 50 MWp captive project in Tamil Nadu. The agreement was approved by the company’s Board of Directors. Under the…
Reliance Power Limited has signed a commercial term sheet for a long-term power purchase agreement (PPA) with Green Digital Private Limited (GDL), a subsidiary of Druk Holding and Investments Limited (DHI). DHI is the investment arm of the Royal Government of Bhutan. The agreement outlines a 50:50 joint venture between Reliance Power and DHI to…
A consortium of NTPC Limited and Maharashtra State Power Generation Company Ltd has secured approval from the National Company Law Tribunal in Delhi to take over Simar Thermal Power Limited, which is undergoing insolvency proceedings. NTPC confirmed the order in a regulatory filing on November 28, 2025. The acquisition centers on STPL’s 1350 MW coal…
The Government of Kerala (GoK) has allocated Rs 11,567.6 million for energy development in the 2025-26 state budget. The funds will support solar, hydro, and green hydrogen projects, along with energy storage and conservation initiatives. For the non-conventional and renewable energy sector, Rs 679.6 million has been allocated, including Rs 511 million for the Agency…
Waaree Solar Americas, the US subsidiary of India’s Waaree Energies, has signed a solar module supply agreement worth $176 million with a US-based independent power producer (IPP). Under the agreement, Waaree will supply 586 MW of solar photovoltaic (PV) modules for four projects. The modules will be produced at Waaree’s facility in Brookshire, Texas, with…