AERB clears excavation for Mahi Banswara nuclear project Units 1 and 2
Author: PPD Team Date: March 30, 2026
Author: PPD Team Date: March 30, 2026
The Atomic Energy Regulatory Board (AERB) has granted approval to begin excavation activities for Units 1 and 2 of the Mahi Banswara Rajasthan Atomic Power Project (MBRAPP) in Rajasthan. The units are based on the standard 700 MWe Pressurised Heavy Water Reactor (PHWR) design.
The project is located in Banswara district, Rajasthan, and is being implemented by Anushakti Vidyut Nigam Limited (ASHVINI). The company was formed in 2024 as a joint venture between Nuclear Power Corporation of India Limited (51%) and NTPC Limited (49%) to develop and operate nuclear power plants under the Atomic Energy Act, 1962.
The excavation approval follows an earlier site construction consent issued to NPCIL in May 2025 for Units 1 to 4 of the project. This consent was transferred to ASHVINI in September 2025.
The 700 MWe PHWR units planned at MBRAPP Units 1 and 2 are similar to Units 3 and 4 of Kakrapar Atomic Power Station, which were licensed for regular operation in July 2025. Similar units, Rajasthan Atomic Power Project Units 7 and 8, are currently under commissioning at Rawatbhata.
The Mahi Banswara project has a total planned capacity of 2,800 MW. It was inaugurated in September 2025 by Narendra Modi. The project is being developed at an estimated cost of Rs 420 billion and is intended to provide base load power. The first unit is targeted for commissioning in 2031, with full project completion expected by 2036.
The featured photograph is for representation only.
Author: PPD Team Date: November 22, 2024 Tata Power has signed a Memorandum of Understanding (MoU) with the Asian Development Bank (ADB) during COP29 in Baku, Azerbaijan. The partnership will evaluate financing for strategic projects aimed at enhancing India’s power infrastructure and promoting renewable energy. The MoU includes projects such as a 966 MW solar-wind hybrid system, pumped hydro storage, energy transition initiatives, decarbonization, and battery storage, alongside ongoing investments to modernize Tata Power’s distribution…
Author: PPD Team Date: December 18, 2024 Tion Renewables Group has completed a deal with EDP Renováveis (EDPR) to acquire a 104MW solar portfolio in Spain. The financial terms of the deal have not been disclosed. The portfolio consists of four operational solar parks: one in Aragon, which has been running since mid-2022, and three in Andalusia, which became operational in November 2024. The projects are secured with 15-year power purchase agreements (PPAs). The deal…
Author: PPD Team Date: January 21, 2025 Taiwan has slashed its 2025 budget for Taiwan Power (Taipower) by T$100 billion ($3.1 billion), sparking fears of electricity price hikes that could affect industries, including global semiconductor manufacturers, Bloomberg reported. The Democratic Progressive Party (DPP), led by President Lai Ching-te, lost its parliamentary majority in 2024, allowing the opposition Kuomintang (KMT) and Taiwan People’s Party to propose significant budget cuts. These include a record T$214.7 billion ($6.55…
Author: PPD Team Date: August 5, 2025 Adani Energy Solutions Limited (AESL) has established three wholly-owned subsidiaries to support its expansion in Maharashtra’s electricity distribution sector. The entities were registered with the Registrar of Companies, Gujarat, on 4 August 2025. The new subsidiaries are Adani Electricity Kalyan Dombivli Limited (AEKDL), Adani Electricity Pune Limited (AEPL), and Adani Electricity Vidharbha Limited (AEVL). Each company has an authorised and paid-up capital of Rs 1 lakh, fully subscribed…
Author: PPD Team Date: October 30, 2024 Tata Power Company Limited (TPCL) has signed a share purchase agreement to acquire a 40% equity stake in Khorlochhu Hydro Power Limited (KHPL) for the development of a 600 MW hydropower project in Bhutan, valued at Rs 69 billion. TPCL will invest approximately Rs 8.3 billion in cash over multiple tranches during the next five years.
Author: PPD Team Date: February 12, 2025 India and the UK have launched the second phase of the Accelerating Smart Power and Renewable Energy in India (ASPIRE) programme during the Fourth India-UK Energy Dialogue in New Delhi. The initiative aims to enhance technical collaboration for round-the-clock power supply, expand renewable energy adoption, and accelerate industrial energy efficiency and decarbonisation. It will be implemented in partnership with India’s Ministry of Power and Ministry of New and…