Jindal Saw Limited has signed a share purchase agreement (SPA) to acquire a 31.20% equity stake in ReNew Green MHH One Private Limited (RGMHH), making RGMHH an associate company.
RGMHH focuses on renewable energy generation but has not yet commenced operations. The acquisition aims to secure electricity at concessional rates and is expected to be completed by May 2025.
NTPC Limited has completed the transfer of its entire coal mining business to NTPC Mining Limited (NML), its wholly owned subsidiary, with the final tranche involving the Pakri Barwadih Coal Mine in Hazaribagh district, Jharkhand, and the Coal Mining Headquarters at Ranchi transferred with effect from April 1, 2026. Commercial operation of the Pakri Barwadih…
The Expert Appraisal Committee for Thermal Projects has recommended environmental clearance for Adani Power Limited’s 2,400 MW coal-based ultra super critical project in Bhagalpur district, Bihar. The project will be developed at Pirpainti block across seven villages, Simatpur, Mariakol, Mundwa urf Tundwa, Sundarpur, Mayanagar, Pirpainti and Raipur, over 479 hectares allotted by the Bihar State…
Larsen & Toubro Limited (L&T) has acquired the remaining 26% stake in L&T Special Steels and Heavy Forgings Private Limited (LTSSHF) from Nuclear Power Corporation of India Limited (NPCIL), making it a wholly owned subsidiary. With full ownership, L&T aims to expand LTSSHF’s offerings beyond the energy sector and improve overall utilization through additional investments….
The Chhattisgarh government has revised electricity tariffs for the financial year 2025–26, with new rates in effect from July 1. While the changes include targeted rebates for rural and tribal regions, domestic and non-domestic users will see an increase in their monthly electricity bills. According to The Times of India, a 10 per cent rebate…
KEC International Ltd. has secured new orders worth Rs 1,002 crore across multiple business verticals. A large share of the orders came from the Transmission and Distribution (T&D) segment, including a ±500 kV high-voltage direct current (HVDC) transmission line project from a private developer in Western India. The segment also won a contract for 132…
Indonesia’s Ministry of Energy and Mineral Resources (ESDM) has received proposals from five countries, including Canada and Russia, to develop nuclear power plants in the country. ESDM Minister Bahlil Lahadalia said in Jakarta on August 25, 2025, that the government has already held meetings with Canadian and Russian representatives. He noted that no decision has…