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Bluspring to acquire STEAG India, adding 7 GW O&M portfolio
Bluspring Enterprises Limited has agreed to acquire 100% of STEAG Energy Services India Private Limited, expanding its presence in power sector operations and maintenance (O&M). The transaction will add nearly 7 GW of managed assets and close to 2,000 specialists to Bluspring’s portfolio. The acquisition will be carried out through Bluspring’s wholly owned subsidiary, Bluspring…
India | Generation | NewsKudankulam Unit-3 enters reactor-stage commissioning with key system milestone
India’s largest nuclear power station has progressed in its expansion, with Nuclear Power Corporation of India Limited (NPCIL) initiating the “Spillage to Open Reactor” process for Unit-3 of the Kudankulam Nuclear Power Project (KKNPP) on April 25, 2026. The activity involves flushing and conditioning of safety systems and main coolant pipelines using light water. It…
NLC India Renewables eyes Rs 40 billion IPO in FY26–27
NLC India Renewables is likely to launch an initial public offering (IPO) worth Rs 40 billion in the first half of FY26–27, according to sources cited by Zee Business. The company may file its draft papers with the Securities and Exchange Board of India (SEBI) by March 2026. The IPO plan comes as part of…
Deadline relief for contractors as Centre tags West Asia ‘war’
The Department of Expenditure has issued an Office Memorandum formally classifying the ongoing West Asia situation as a “war” event under the Force Majeure Clause. The move enables relief for contractors executing central government projects. The directive applies to contracts governed by the Manuals for Procurement of Goods, Consultancy Services, Non-Consultancy Services, and Works. For…
Adani Power wins LoA for 800 MW thermal project in Madhya Pradesh
Adani Power Limited has received a Letter of Award (LoA) from MP Power Management Company Limited (MPPMCL) to supply power from a proposed 800 MW ultra-supercritical thermal project in Anuppur district, Madhya Pradesh. The company disclosed the development to stock exchanges on August 29, 2025, under Regulation 30 of the SEBI (Listing Obligations and Disclosure…
Tata Power and Druk Green to develop 5,000 MW clean energy in Bhutan
Tata Power Company Ltd and Druk Green Power Corporation Ltd (DGPC) have entered into a partnership to develop at least 5,000 MW of renewable energy capacity in Bhutan. This collaboration, supported by the Royal Government of Bhutan and the Government of India, marks the largest clean energy partnership between the two nations and aims to…
