CG Power and Industrial Solutions Limited has secured a Rs 583 million contract from Power Grid Corporation of India Limited (PGCIL).
The contract covers the supply of 400kV Shunt Reactors, including 2X125MVAR, 2X80MVAR, and 2X50MVAR reactors, under the Bulk Procurement of 765kV and 400kV class transformers and reactors.
Other bidders included Bharat Heavy Electricals Limited and GE T&D India Limited.
NTPC plans to invest Rs 3-4 trillion to develop 20 GW of nuclear power capacity by 2047. It aligns with the government’s target of achieving 100 GW under the Viksit Bharat mission. NTPC’s first nuclear project, the 2,800 MW Mahi Banswara plant in Rajasthan, will be a joint venture with the Nuclear Power Corporation of India (NPCIL), involving an investment of Rs 450-500 billion. Groundwork is expected to begin by the end of this financial…
India’s natural gas consumption has rebounded significantly from the post-COVID-19 slump, with small-to-medium scale industries leading the charge. According to a recent report by the Institute for Energy Economics and Financial Analysis (IEEFA), sectors such as tea plantations, manufacturing, liquefied petroleum gas (LPG) shrinkage, and sponge iron have driven this resurgence. Although the power sector has seen an increase in gas use for peak demand over the past two fiscal years, it has not yet…
Gautam Solar plans to establish a 2 GW solar cell manufacturing plant with an investment of Rs 10 billion. The facility, part of the company’s strategy to meet the growing demand for renewable energy, will help Gautam Solar comply with the Ministry of New and Renewable Energy’s ALMM guidelines, promoting locally manufactured components for government-subsidized projects. The company has acquired a 60-acre site in Bhiwani, Haryana, and aims to boost its competitiveness by producing high-quality,…
NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, has partnered with Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) to create a joint venture (JV) for renewable energy parks and projects. NGEL holds a 51% stake, subscribing to 51,000 equity shares at Rs 10 each, while UPRVUNL retains 49%. The JV will focus on the development, operation, and maintenance of renewable energy projects, contributing to India’s green energy transition.
Marsons has received a letter of intent (LoI) from Nacof Oorja to develop a 150 MW grid-interactive ground-mounted solar PV power generation plant in Rajasthan. The project, comprising multiple units across various locations, is being executed for Rajasthan Renewable Energy Corporation Limited (RRECL) under the KUSUM Scheme, aimed at providing daytime power to agricultural consumers. In collaboration with Aditya Clean Systems for technical support, the total order value of the project is estimated at approximately…
During the World Climate Action Summit at COP29, six countries—El Salvador, Kazakhstan, Kenya, Kosovo, Nigeria, and Türkiye—endorsed the global commitment to triple nuclear energy capacity by 2050, bringing the total to 31 signatory nations. Initiated by France with 20 countries at COP28, the pledge underscores nuclear energy’s critical role in limiting global warming to 1.5°C per the Paris Agreement. World Nuclear Association (WNA) Director-General Sama Bilbao y León celebrated the new signatories, emphasizing nuclear energy’s…