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India | Generation | NewsAEC clears draft FDI policy for nuclear sector under SHANTI Act
The Atomic Energy Commission (AEC) has approved a draft foreign direct investment (FDI) policy framework for India’s nuclear power sector, marking an initial step toward opening the segment to private and foreign capital. The proposal will now move to inter-ministerial consultations under the SHANTI Act, 2025. The development was confirmed by Seema S Jain of…
ACME wins SECI’s green ammonia auction to supply IFFCO at Kandla
ACME Cleantech Solutions has won Solar Energy Corporation of India’s (SECI) latest green ammonia auction under the Strategic Interventions for Green Hydrogen Transition Programme (Mode-2A–Tranche-I). The company will supply 100,000 tonnes per annum of green ammonia to Indian Farmers Fertiliser Cooperative Limited (IFFCO) at Kandla, Gujarat, for 10 years at a tariff of ₹54.73 per…
ReNew narrows Q3 loss to Rs 198 million; income up 48%
ReNew Energy Global Plc reported a net loss of Rs 198 million (US$ 2 million) for the third quarter of fiscal year 2026, compared with a loss of Rs 3,879 million (US$ 43 million) in the same period last year. Total income for the quarter increased 48% year-on-year to Rs 31,372 million (US$ 349 million),…
CDIL launches India’s first indigenous solar bypass diodes
CDIL Semiconductors has introduced India’s first domestically manufactured solar bypass diodes, designed to enhance solar panel efficiency and longevity. These diodes, produced at CDIL’s Mohali facility in Punjab, aim to reduce reliance on imports while improving performance in India’s extreme weather conditions. The diodes feature a low forward voltage drop and high thermal stability, making…
Sangamam Power prepares DPR for 1,000 MW Sunki PSP
Sangamam Power Projects Private Limited has prepared a detailed project report (DPR) for the 1,000 MW pumped storage project (PSP) in Sunki, Koraput district in Odisha, which will be developed at an investment of Rs 70 billion. The Odisha government and Telangana-based Sangamam Power have signed a Memorandum of Understanding (MoU) to move forward with…
KEC International wins orders worth Rs 1,509 crore
KEC International Ltd has announced new order wins totalling Rs 1,509 crore across its transmission, transport, and cable businesses, according to a company press release. In its Transmission and Distribution (T&D) segment, the company has secured contracts for 400 kV Quad transmission lines in India and 500/400/220 kV overhead lines in overseas markets. It also…
