Author: PPD Team Date: December 17, 2024
GE Power India Limited has received an extended purchase order from Madhya Pradesh Power Generating Company Limited (MPPGCL) to supply boiler parts at the Sanjay Gandhi Power Station.
The order is valued at Rs 182.7 million and is scheduled for execution within 3.5 months.
Author: PPD Team Date: January 12, 2026 Defence Minister Rajnath Singh inaugurated Hinduja Group flagship Ashok Leyland’s integrated electric vehicle manufacturing plant in Lucknow, marking a major expansion of the company’s electric and alternative fuel vehicle production capacity. The plant, located in Sarojini Nagar, was inaugurated in the presence of Uttar Pradesh Chief Minister Yogi Adityanath and Union Heavy Industries Minister H D Kumaraswamy. It is the first dedicated electric bus manufacturing facility in the…
Author: PPD Team Date: October 10, 2025 The Ministry of Power (MoP) has circulated the Draft Electricity (Amendment) Bill, 2025, proposing major changes to the Electricity Act, 2003. The key objective is to enforce cost-reflective tariffs, aiming to strengthen the financial health of the power sector, particularly distribution utilities. The proposed amendments aim to address financial losses in the distribution sector, estimated at over Rs 6.9 lakh crore. A central reform requires Regulatory Commissions to…
Author: PPD Team Date: July 30, 2025 Bangalore Electricity Supply Company (Bescom) has reduced its distribution losses to 8.44 per cent in 2024–25, down from 12.27 per cent in 2019–20. The improvement follows large-scale underground and aerial cabling works launched in 2019–20, covering over 12,800 km at Rs 5,031.65 crore. The decline in losses is linked to reduced theft, better metering, and cable conversion in urban Bengaluru. Further reductions may be difficult without similar investments…
Author: PPD Team Date: August 21, 2025 NTPC Ltd has received land assurances from Gujarat, Chhattisgarh and Madhya Pradesh to set up nuclear power plants through its subsidiary NTPC Parmanu Urja Nigam Ltd (NPUNL), officials told Moneycontrol. The company has sought guarantees on water availability before beginning geotechnical studies. A twin 700 MW reactor unit requires about 70 million cubic meters of water annually, a key factor in site selection. NTPC plans to invest at…
Author: PPD Team Date: March 27, 2026 JSW Energy Limited has completed the acquisition of Raigarh Champa Rail Infrastructure Private Limited, making it a wholly-owned subsidiary. The transaction follows the implementation of a resolution plan approved by the National Company Law Tribunal (NCLT) Hyderabad Bench on January 21, 2026. The acquisition was executed under the corporate insolvency resolution process (CIRP) of the Insolvency and Bankruptcy Code, 2016 (IBC), with a total resolution value of Rs…
Author: PPD Team Date: April 23, 2025 NHPC Limited declared the commercial operation date (CoD) for Unit 4 of the Parbati Hydro Electric Project Stage-II on April 16, 2025. With this, the entire 800 MW project is now fully commissioned. The project is built on the Beas River in Kullu district, Himachal Pradesh, around 260 km from Chandigarh. Developed at an investment of Rs 98.97 billion, the plant uses four Pelton turbine units of 200…