Centre lays foundation stone for two thermal power projects in Chhattisgarh
Author: PPD Team Date: April 4, 2025
Author: PPD Team Date: April 4, 2025
The Central Government laid the foundation stone for two thermal power projects in Chhattisgarh on March 30, 2025.
The 800 MW Sipat Advance Ultra Super Critical (AUSC) Thermal Power Project Stage-III will be set up within the existing Sipat Power Plant premises in the Bilaspur district, which currently has Stage-I (3×660 MW) and Stage-II (2×500 MW). The project, estimated at Rs 97.9 billion, is a collaboration between NTPC Limited, Bharat Heavy Electricals Limited (BHEL), and the Indira Gandhi Centre of Atomic Research (IGCAR).
The 1,320 MW Rajiv Gandhi (Korba West) Thermal Power Plant will be developed by Chhattisgarh State Power Generation Company Limited (CSPGCL) in the Korba district. The project will have two units of 660 MW each, based on supercritical technology, with an investment of Rs 158 billion. It is expected to become operational by 2028 and be commissioned by 2029-30.
Author: PPD Team Date: June 13, 2025 The World Bank’s State and Trends of Carbon Pricing 2025 report shows global carbon pricing revenues surpassed US$100 billion in 2024, with over 50 per cent allocated to environmental, infrastructure, and development projects. This marks a threefold increase in revenue over the past decade and underscores carbon pricing’s fiscal and climate relevance. As of 2025, 80 carbon pricing instruments are in effect globally—a net increase of five in…
Author: PPD Team Date: January 7, 2026 REC Power Development and Consultancy Limited (RECPDCL) has invited Requests for Proposal (RFP) to select Transmission Service Providers for two components of the Western Region Eastern Region (WR ER) Inter Regional Network Expansion Scheme. The Ministry of Power (MoP), through a Gazette Notification dated September 18, 2025, appointed RECPDCL as the Bid Process Coordinator for both projects. In November 2025, RECPDCL created two special purpose entities, WR ER…
Author: PPD Team Date: January 13, 2025 Virginia Transformer is exploring a potential sale that could value the company at more than $6 billion, according to Bloomberg sources. The company, led by CEO Prabhat K Jain, is one of North America’s largest US-owned power transformer manufacturers. The company is working with an adviser to assess buyer interest, although there is no guarantee that a sale will occur. Founded in the 1970s, Virginia Transformer manufactures essential…
Author: PPD Team Date: December 18, 2024 RMC Switchgears has received a letter of acceptance (LoA) from a system integrator for the supply, installation, and commissioning of 5,000 solar pumps in Maharashtra. The project, valued at Rs 900 million, includes 3HP, 5HP, and 7HP solar pump systems, with completion expected by FY26. This follows RMC’s decision to invest Rs 1,000 million in establishing a solar module manufacturing plant in Jaipur, Rajasthan, aimed at reducing reliance…
Author: PPD Team Date: March 12, 2026 In two consecutive sittings of the Expert Appraisal Committee for thermal power projects, held on February 24 and 25 under the Ministry of Environment, Forest and Climate Change (MoEF&CC), nine coal-based power plants came up for review under the July 2025 notification that opened the door for Category B plants to seek case-by-case exemptions from Flue Gas Desulphurisation requirements. Only one project walked away with approval. The remaining…
Author: PPD Team Date: January 2, 2025 The Competition Commission of India (CCI) has approved the acquisition of certain shareholding in Fourth Partner Energy Private Limited (Target) by the International Finance Corporation (IFC), Asian Development Bank (ADB), and DEG – Deutsche Investitions – und Entwicklungsgesellschaft mbH (DEG). The proposed investment totals USD 275 million (approx. INR 22.96 billion), with each entity acquiring a percentage of Target’s share capital through primary subscription and secondary purchase. IFC,…