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Afghanistan signs deal to develop 10 GW power capacity by 2032
Afghanistan’s Ministry of Energy and Water has signed a $10 billion agreement with a domestic private company to develop power projects with a combined capacity of 10,000 megawatts, Tolo News reported. The projects will be implemented over a six-year period from 2026 to 2032. The agreement covers electricity generation from coal, gas, hydro, wind, and…
World Bank and IAEA partner to support nuclear energy in developing countries
The World Bank Group has signed an agreement with the International Atomic Energy Agency (IAEA) to promote the safe and responsible use of nuclear energy in developing countries. The move marks the World Bank’s first direct engagement with nuclear power in decades. The memorandum of understanding focuses on three key areas: First, the IAEA will…
India | Generation | NewsJ&K’s 3,000 MW hydro pipeline faces mounting delays and cost overruns
Four major hydroelectric projects under development in Jammu & Kashmir have witnessed substantial schedule delays, with two projects also reporting significant cost escalations, according to information provided by the Ministry of Power in response to a parliamentary question. The ministry stated that the 1,000 MW Pakal Dul Hydro Electric Project (HEP), 624 MW Kiru HEP,…
POWERGRID wins Pune Region-I transmission expansion project
Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder for an intra-state transmission project in Maharashtra under the Tariff Based Competitive Bidding (TBCB) framework, the company informed exchanges today. The Letter of Intent (LoI) was received on February 11, 2026, for the project titled “Network Expansion scheme in Maharashtra for removal…
Contract and Deal Updates – January 27, 2025
Jyoti Structures secures Rs 7,412.8 million PGCIL contract for HVDC line Jyoti Structures Limited won a contract worth Rs 7,412.8 million from Power Grid Corporation of India Limited (PGCIL) for Transmission Line package TL01 for 800 kV high voltage direct current (HVDC) Bipole Line (Hexa Lapwing) between KPS2 (HVDC) and Nagpur (HVDC) (with dedicated metallic…
REC signs loan agreement for Pakal Dul Hydro Electric Project
REC Limited has entered into a term loan agreement worth Rs 21.47 billion with Chenab Valley Power Project Limited (CVPPL) to support the development and construction of the 1,000 MW Pakal Dul Hydro Electric Project. The loan will be used to fund the development, construction, and operation of the project, including part funding of the…
