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NLCIL and IREL sign MoU to secure critical minerals and rare earths
NLC India Limited (NLCIL) and Indian Rare Earths Limited (IREL) have signed a memorandum of understanding (MoU) to collaborate on the sourcing and development of critical minerals and rare earth elements (REE). The agreement was formalized on May 6, 2025. The partnership will focus on mining, extraction, and refining of key minerals vital to India’s…
PFC board approves in-principle merger with REC, exits PTC India board
Power Finance Corporation Limited (PFC) has initiated a major restructuring following the Union Budget 2026–27, with its Board approving in-principle a merger with its subsidiary, REC Limited. The Board has also approved the withdrawal of PFC’s nominee director from the board of PTC India Limited, along with the surrender of all related promoter rights. In…
EMEC completes world-first tidal power, battery storage and hydrogen trial
The European Marine Energy Centre (EMEC) has carried out the first global demonstration of a unified energy system that links tidal generation, long-duration battery storage and green hydrogen production. The trial took place at the centre’s test site in Orkney, Scotland. The demonstration at EMEC’s Eday site brought together the O2 tidal turbine developed by…
India crosses 100 GW solar module manufacturing capacity under ALMM
India has reached 100 GW of solar photovoltaic (PV) module manufacturing capacity registered under the Approved List of Models and Manufacturers (ALMM) for Solar PV Modules.  Union Minister for New and Renewable Energy Pralhad Joshi said the increase was enabled by policy measures such as the Production Linked Incentive (PLI) Scheme for high-efficiency solar modules….
KEC International, Power Grid, Reliance Power, Solarworld report Q3 FY26 results
KEC International Limited, Power Grid Corporation of India Limited, Reliance Power Limited, and Solarworld Energy Solutions Limited have announced their financial results for the third quarter of FY26 and the nine month period ended December 31, 2025. KEC International reported higher consolidated revenue and improved operating profitability during the quarter, while reported profit after tax…
India may open uranium mining and processing to private sector
India is considering a policy to permit private companies to mine, import, and process uranium, Reuters reported, citing two government sources. The plan aims to attract significant investment, expand the country’s nuclear power sector, and increase nuclear power’s share to 5 per cent of total electricity generation. The proposed framework would keep government control over…
