Ministry of Coal issues vesting orders for five coal blocks
Author: PPD Team Date: October 13, 2025
Author: PPD Team Date: October 13, 2025
The Ministry of Coal has issued vesting orders for five coal blocks under the commercial coal block auction process through its nominated authority.
The blocks include Tandsi III, Tandsi III Extension, Senduri, West of Tubed, Chitarpur (revised), and Phutamura. Four of these are partially explored, while one is fully explored. The projects are expected to generate annual revenue of around Rs 3.6 billion and attract capital investment of approximately Rs 5.17 billion.
With these allocations, a total of 125 coal blocks have now been vested or allocated under commercial coal auctions.
Author: PPD Team Date: June 11, 2025 Union Minister Shri Manohar Lal outlined key achievements and forward-looking reforms in the power sector during a press conference in New Delhi. Marking 11 years of sectoral transformation, the minister said India is now power sufficient and progressing toward surplus, with plans to achieve 100% household electrification. India meets peak demand with zero shortage India successfully met a peak power demand of 241 GW on June 9, 2025,…
Author: PPD Team Date: August 21, 2025 VSL Renewable Services has won Lot-2 of NTPC Green Energy Limited’s 1,864 MWp solar operations and maintenance tender. Lot-2 covers 810 MWp, while Lot-1 accounted for 1,054 MWp. The company submitted the lowest bids for both lots but was awarded Lot-2 under NTPC’s tender conditions. The awarded projects are spread across Rajasthan, Madhya Pradesh, and Andhra Pradesh. The contract scope includes real-time monitoring, predictive maintenance, and generation-linked performance…
Author: PPD Team Date: November 26, 2024 NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC, received an overall subscription of 2.4 times for its initial public offering (IPO) on the final day of bidding. The IPO offered 593 million equity shares at a price band of Rs 102-108 and received bids for 1.43 billion shares, based on stock exchange data. The subscription breakdown revealed that the qualified institutional buyer category was subscribed…
Author: PPD Team Date: August 1, 2025 Schneider Electric has announced it will acquire the remaining 35 per cent stake in its Indian joint venture from Temasek for €5.5 billion (approximately USD 6.4 billion), aiming for complete control of its operations in India. The deal will give Schneider Electric full ownership of Schneider Electric India Private Limited (SEIPL). The company expects the move to accelerate local decision-making in what it calls its third-largest market. Schneider…
Author: PPD Team Date: November 7, 2024 Waaree Energies has secured an order to supply up to 180 MWp of solar modules to a prominent renewable energy developer in India. Deliveries are set to begin at the end of November 2024 and conclude by the fourth quarter of fiscal year 2025. This contract underscores Waaree’s role in advancing India’s renewable energy infrastructure.
Author: PPD Team Date: March 27, 2025 Coal India Limited (CIL) and GAIL (India) Limited have joined forces to establish Coal Gas India Limited, a joint venture aimed at developing a coal-to-synthetic natural gas (SNG) project at Eastern Coalfields. The project leverages CIL’s coal resources and GAIL’s expertise in natural gas processing and distribution to convert coal into SNG, providing an alternative source of natural gas. The Eastern Coalfields location offers access to significant coal…