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New York to build 1 GW advanced nuclear plant
New York Governor Kathy Hochul has instructed the New York Power Authority (NYPA) to develop and construct a 1 gigawatt (GW) advanced nuclear power plant in Upstate New York. The project aims to meet rising electricity demand driven by industrial growth, building electrification, and electric vehicles, while replacing retiring fossil fuel capacity with zero-emission, baseload…
Saatvik Green to invest Rs 31.5 billion in solar manufacturing expansion
Saatvik Green Energy Limited will invest Rs 31.5 billion to expand its solar manufacturing operations in Odisha. The expansion will be carried out in two phases and is aimed at strengthening the company’s domestic production capacity for solar modules and cells. In the first phase, the company plans to establish 4 GW of module capacity…
Toyota Kirloskar and Ohmium to develop green hydrogen solutions in India
Toyota Kirloskar Motor Private Limited (TKM) has signed a memorandum of understanding (MoU) with Ohmium International to explore green hydrogen development opportunities in India. As part of the collaboration, the two companies will work to integrate Toyota’s proton exchange membrane (PEM) fuel cell technologies—backed by Toyota Motor Corporation Japan—with Ohmium’s modular PEM electrolyser systems. These…
L&T secures Rs 150 billion NTPC contract for thermal power plants
Larsen & Toubro’s (L&T) Energy CarbonLite Solutions division has received a ‘Limited Notice to Proceed’ (LNTP) from NTPC to develop thermal power plants valued at over Rs 150 billion. The contract includes main plant packages for a 2×800 MW Stage-II thermal power plant in Gadarwara, Madhya Pradesh, and a 3×800 MW Stage-II thermal power plant…
Insolation Energy secures LoI for 38.43 MW solar projects in Rajasthan
Insolation Energy Limited has received a Letter of Intent (LoI) from Ajmer Vidyut Vitran Nagar Limited (AVVNL) and Jaipur Vidyut Vitran Nigam Limited (JVVNL) to set up cumulative 38.43 MW grid-connected solar power plant across Rajasthan. The projects will be developed under Component A of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM)…
Torrent Power sets up subsidiary for renewable energy projects
Torrent Green Energy Private Limited (TGEPL), a wholly owned subsidiary of Torrent Power Limited (TPL), has incorporated a new wholly owned subsidiary, Torrent Urja 30 Private Limited (TU30), for the implementation of renewable energy (RE) power projects in India on February 19, 2025. The newly formed entity will engage in power generation, transmission, distribution, purchase,…
