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Gujarat’s new industrial policy extends incentives to SMR and nuclear equipment makers
The Government of Gujarat has included “Nuclear Power Equipment (including Small Modular Reactors)” among the thrust sectors under the Viksit Gujarat Industrial Policy 2026, extending state industrial incentives to nuclear power equipment manufacturing for the first time. The policy came into effect on June 1, 2026, and will remain in force for five years. With…
India | Generation | NewsMaharashtra signs MoU for 2,100 MW pumped storage project
The Maharashtra government has signed a Memorandum of Understanding (MoU) with Chambery Power Private Limited, a group company of EDF Power Solutions India, to develop the 2,100 MW Pimpalpada–Savale Pumped Storage Project across Pune and Raigad districts. The project involves a proposed investment of Rs 10,217 crore and is expected to generate around 2,500 employment…
Waaree Energies sets up 10 project specific subsidiaries
In a regulatory filing dated 23 December 2025, Waaree Energies Limited stated that its wholly owned subsidiary, Waaree Forever Energies Private Limited (WFEPL), had received certificates of incorporation for ten new step-down subsidiaries. The entities have been set up as Independent Power Producers (IPPs) to hold specific power projects under the IPP framework. The subsidiaries,…
Sangamam Power prepares DPR for 1,000 MW Sunki PSP
Sangamam Power Projects Private Limited has prepared a detailed project report (DPR) for the 1,000 MW pumped storage project (PSP) in Sunki, Koraput district in Odisha, which will be developed at an investment of Rs 70 billion. The Odisha government and Telangana-based Sangamam Power have signed a Memorandum of Understanding (MoU) to move forward with…
Sahaj Solar and Teerth Gopicon form subsidiaries for solar projects
Sahaj Solar Limited has established a wholly-owned subsidiary, Veracity Renewable Energy Private Limited, to develop solar power projects in India. The new entity will generate, accumulate, distribute, and supply solar power for its use or sale to governments, state electricity boards, power transmission and distribution intermediaries, industrial units, and consumers. Similarly, Teerth Gopicon Private Limited…
NHPC starts commercial ops for 53.57 MW solar in Bikaner
NHPC Limited began commercial operations of 53.57 MW on June 7, 2025, under its 1,000 MW grid-connected solar photovoltaic (PV) power project in Bikaner, Rajasthan. The commissioned capacity is part of a 300 MW plant being developed by Tata Power Solar Systems Limited at Karnisar-Bhatiyan in Bikaner. So far, 160.71 MW of capacity has been…
