Similar Posts
Government approves NPCIL-NTPC JV for nuclear plants in Rajasthan
The Indian government has approved a joint venture (JV) between the Nuclear Power Corporation of India (NPCIL) and National Thermal Power Corporation (NTPC) to develop four 700 MWe nuclear power plants at Mahi Banswara in Rajasthan. The JV, named Anushakti Vidyut Nigam (ASHVINI), has been authorized to build, own, and operate nuclear power plants in India. ASHVINI, a subsidiary of NPCIL with a 51% stake, will implement the 4×700 MW Pressurised Heavy Water Reactors (PHWR)…
WSP to acquire Power Engineers in $1.78 billion deal
Global professional services firm WSP has announced its acquisition of Power Engineers, a prominent US-based consultancy in the power and energy sector, for $1.78 billion. This strategic move aligns with WSP’s vision to expand its services and enhance its position in the energy transition market. Power Engineers, which employs 4,000 people, including 900 shareholders, has been a key player in serving North American power utilities. The acquisition has been unanimously approved by the boards of…
India’s smart meter presents $20 billion opportunity: Avener report
A report by Avener Capital highlights that India’s rollout of 250 million smart meters, under the Revamped Distribution Sector Scheme (RDSS), represents a $20 billion opportunity, with Advanced Metering Infrastructure Service Providers (AMISP) project awards projected to grow at a compounded annual rate of 25%. State-wise, Maharashtra and Uttar Pradesh are nearing saturation in terms of project awards, but states like Tamil Nadu, Madhya Pradesh, and Gujarat offer promising opportunities due to the gap between…
Proposed 1600 MW Thermal Power Project in Mirzapur faces environmental scrutiny
The proposed 1600 MW coal-based ultra supercritical thermal power project in Mirzapur, Uttar Pradesh, does not involve forest land for the main site, but 8.35 hectares of forest land is needed for a water pipeline and road access, the government informed Parliament. The National Green Tribunal (NGT) recently took suo motu notice of a report indicating that the 665 hectares of land for the project site is recorded as a ‘forest’ in a 1952 gazette…
Patel Engineering partners with RVNL for hydro and infrastructure projects
Patel Engineering has entered into a memorandum of understanding (MoU) with Rail Vikas Nigam Limited (RVNL) to form a partnership to execute hydro and other infrastructure projects in India and internationally. The MoU allows Patel Engineering and RVNL to explore opportunities to work together in various capacities, with the flexibility to participate in tenders and project bids jointly or separately. When bidding together, both entities will coordinate on bidding strategies, structures, and terms to ensure…
UK Crown Estate launches second phase of Celtic Sea floating wind farm leasing round
The UK’s Crown Estate has initiated the second phase of its offshore wind leasing round 5, focusing on the development of floating wind farms in the Celtic Sea. This phase, which began on 8 August 2024, invites bidders to submit detailed plans for the construction of wind farms and their potential socio-economic contributions to coastal communities in South Wales and southwest England. The advancement to this phase was made possible by comprehensive environmental assessments conducted…