The Union Government has granted in-principle approval for Himachal Pradesh to take over four hydroelectric projects earlier allocated to SJVN Limited and NHPC Limited. This move is set to reshape the state’s control over key hydro power assets. The projects include: Luhri Hydro Electric Project Stage I Located near Nirath village, this project involves building…
Power Grid Corporation of India Limited (PGCIL) has commissioned the Kathalguri (NEEPCO)–Namsai (POWERGRID) 220 kV double-circuit transmission line. The line is part of the System Strengthening Scheme for Eastern and North Eastern Regions and spans across Arunachal Pradesh and Assam. The project is being executed under two schemes: Eastern Region Strengthening Scheme-XXV (ERSS-XXV) Implemented at…
Adani Energy Solutions Limited (AESL) has approved raising Rs 43 billion through a qualified institutional placement (QIP), to be executed in one or more tranches. This move follows a series of recent fundraises by the Adani Group. In April 2025, it secured USD 750 million for an acquisition, with BlackRock subscribing to a third of…
Enviro Infra Engineers Limited has approved the acquisition of a 100 per cent equity stake in Sunaxis Renewables Private Limited from its wholly owned subsidiary, EIE Renewables Private Limited. Following the transaction, Sunaxis Renewables will become a step-down wholly owned subsidiary of Enviro Infra Engineers. Sunaxis Solar Power Private Limited focuses on solar solutions for…
The Prime Minister has inaugurated unit-1 (660 MW) of the 1,980 MW Ghatampur thermal power project located in Kanpur Nagar, Uttar Pradesh. The project is being developed by Neyveli Uttar Pradesh Power Limited (NUPPL), a joint venture of NLC India Limited (51%) and Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) (49%). The total estimated…
India’s coal production rose to 86.24 million tonnes (MT) in May 2025, up from 83.96 MT in May 2024, reflecting steady growth in the sector. The Ministry of Coal attributed this to its focus on ensuring stable supply and operations. Captive and commercial mines produced 16.93 MT during May 2025, a sharp increase from 13.83…
Waaree Renewable Energy Technologies Limited has received a Letter of Award (LoA) worth Rs 3,463.3 million from Purvah Green Power Private Limited, a subsidiary of CESC Limited. The contract, awarded on June 2, 2025, is for engineering, procurement and construction (EPC) of 300 MW / 435 MWp Inter-State Transmission System (ISTS)-connected solar power projects in…
The National Bank for Agriculture and Rural Development (NABARD) has received a Letter of Award (LoA) to provide a Rupee Term Loan (RTL) of Rs 12.17 billion for the development of the 300 MW Khavda Solar PV Project – Phase XXI (GUVNL) by Coal India Limited (CIL) in Gujarat. CIL secured the project in January…
RR Kabel Limited commissioned a 10.2 MW captive wind-solar hybrid power project in Gujarat on May 31, 2025. The project includes a 6.6 MW wind power component, comprising two wind turbine generators (WTGs) of 3.3 MW each. These are located at revenue survey numbers 689 and 449 in Mota Khijadiya and Sal Pipaliya villages, Paddhari…
The Atomic Energy Regulatory Board (AERB) has approved the site for the proposed 2,800 MW Mahi Banswara Nuclear Power Project in Rajasthan. The project will be developed by a joint venture between NTPC Limited and Nuclear Power Corporation of India Limited (NPCIL), with NTPC holding a 49% stake and NPCIL 51%. The estimated cost of…