Similar Posts
REC reports highest-ever annual profit of Rs 16,282 crore
REC Limited reported its highest-ever standalone net profit of Rs 16,282 crore for the financial year ended March 31, 2026, up from Rs 15,713 crore in FY25. On a consolidated basis, net profit stood at Rs 16,308 crore in FY26, compared to Rs 15,884 crore in the previous year. Standalone net worth increased 9% to…
Delhi HC upholds Rs 1.15 billion arbitration award for BHEL in RattanIndia dispute
The Delhi High Court has upheld a Rs 1.15 billion arbitration award in favor of Bharat Heavy Electricals Limited (BHEL) in a dispute with RattanIndia Power Limited over the Nasik Thermal Power Project Phase I. The ruling, delivered on March 6, 2025, reinforces BHEL’s claim, including an 18% annual interest from 30 days after the…
Germany demolishes cooling towers of Gundremmingen nuclear plant
RWE has completed the demolition of two cooling towers at the Gundremmingen nuclear power plant in Bavaria on 25 October, marking a key step in its decommissioning. Specialists from a German blasting firm carried out the operation using 600 kilograms of explosives in 1,800 boreholes. About 56,000 tonnes of debris will be processed into recycled…
NTPC to commission Unit-III of North Karanpura power project by March 2025
NTPC Limited plans to commission Unit-III of the North Karanpura (Pakri Barwadih) Power Project by March 2025. The project, located near Tandwa town in Chatra district, Jharkhand, involves three units of 660 MW each and is being developed at an investment of Rs 151.64 billion. Bharat Heavy Electricals Limited (BHEL) is the engineering, procurement, and…
Tata Electronics, TCS to develop India’s first domestic semiconductor chips by 2026
Tata Consultancy Services (TCS) is collaborating with Tata Electronics to introduce India’s first domestically produced semiconductor chips by 2026. Tata Electronics is leading the manufacturing efforts, targeting industries such as automotive, electronics, power, consumer goods, and healthcare. TCS will contribute through semiconductor design, engineering, and related services, including software solutions and IP-based products. The India…
China moves to reduce subsidies for renewable energy projects
China’s National Development and Reform Commission (NDRC), along with the nation’s energy administration, is taking steps to roll back subsidies for renewable energy projects, according to Reuters. In 2024, China saw a record-breaking 45% rise in solar installations, reaching nearly 887GW of installed solar capacity—six times the size of the United States’ solar power capacity,…
