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From SMRs to battery storage: Tata Power’s multi-sector expansion plan laid out in annual report
Tata Power has outlined plans to expand across pumped storage, hydropower, artificial intelligence (AI), battery storage, nuclear energy, and solar manufacturing, according to its seventh Integrated Annual Report released yesterday. The developments form part of the company’s strategy to strengthen its clean energy portfolio and digital infrastructure while expanding grid flexibility and energy security capabilities….
Centre to set up mineral trading exchange under SEBI framework
Union Coal and Mines Minister G Kishan Reddy has announced that the central government will establish a mineral trading exchange, modelled on the London Metal Exchange (LME), according to a report by PTI. Reddy said the platform will be developed in line with Securities and Exchange Board of India (SEBI) regulations. He noted that the…
Adani unit takes charge of Rajasthan Part I HVDC project
AESL Projects Limited has taken over all responsibilities for the Rajasthan Part I Power Transmission Limited HVDC project through a novation agreement signed on November 14, 2025. The move places the entire set of rights and obligations with the Adani Energy Solutions subsidiary for the link that will move renewable energy from Rajasthan and Uttar…
India | Generation | NewsL&T to sell Nabha Power to Torrent Power
Torrent Power Limited has signed a definitive agreement to acquire 100% equity stake and convertible instruments in Nabha Power Limited (NPL) from L&T Power Development Limited (L&T PDL), a wholly owned subsidiary of Larsen & Toubro (L&T), for an enterprise value of Rs 6,889 crore. The Securities Purchase Agreement (SPA) was executed on February 16,…
Waaree secures LoA for 21 MW solar projects in Maharashtra
Waaree Renewable Energy Technologies Limited has received a Letter of Award (LoA) worth Rs 261.7 million. The company will develop a cumulative 21 MW/29.4 MWp decentralised solar power capacity in Maharashtra. The award was granted on July 2, 2025. The projects will be set up under Component C of the Pradhan Mantri Kisan Urja Suraksha…
EC opens €5.2bn Innovation Fund calls for net zero technologies and hydrogen
The European Commission has launched three funding calls under the Innovation Fund with €5.2bn from EU Emissions Trading System revenues. The focus is on net-zero technologies, low-carbon hydrogen, and industrial process heat. The aim is to support the EU’s 2030 targets and its 2050 neutrality goal. The net zero technologies call provides €2.9bn for projects…
