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Centre to set up mineral trading exchange under SEBI framework
Union Coal and Mines Minister G Kishan Reddy has announced that the central government will establish a mineral trading exchange, modelled on the London Metal Exchange (LME), according to a report by PTI. Reddy said the platform will be developed in line with Securities and Exchange Board of India (SEBI) regulations. He noted that the…
India to invest Rs 9.12 trillion in power transmission infrastructure by 2032
India plans to invest Rs 9.12 trillion to enhance its power transmission infrastructure by 2032, as detailed in the National Electricity Plan (Transmission) presented by Union Minister Shripad Yesso Naik in the Rajya Sabha. The plan covers the addition of 1,91,474 circuit kilometers (ckm) of transmission lines and 1,274 Giga Volt Ampere (GVA) of transformation…
Power Grid approves Rs 3.41 billion for two transmission projects
The Committee of Directors (CoD) on investment of projects at Power Grid Corporation of India Limited (PGCIL) has approved two major transmission projects, with a total investment of Rs 3.41 billion. The approval was granted on March 13, 2025. The first project “Transmission scheme for evacuation of power from Ratle HEP (850 MW) & Kiru…
PGCIL to merge 17 TBCB subsidiaries into two entities
Power Grid Corporation of India Limited (PGCIL) has proposed the merger of 17 Inter-State Transmission System (ISTS) subsidiaries, set up under the Tariff Based Competitive Bidding (TBCB) route, into two existing TBCB subsidiaries. Under Part 1 of the plan, five subsidiaries will be amalgamated into Vataman Transmission Limited. These include: Bhadla III Transmission Limited Ramgarh…
MNRE proposes higher efficiency norms for ALMM solar modules
The Ministry of New and Renewable Energy has released a draft proposal to raise the minimum efficiency requirements for solar PV modules listed under the Approved List of Models and Manufacturers. The plan introduces phased standards from January 1, 2027 and tighter benchmarks from January 1, 2028. The draft sets new thresholds for each application…
ACME commissions 4 MW at Titoda wind project
ACME Solar Holdings Limited has informed the stock exchanges that its subsidiary, ACME Eco Clean Energy Private Limited, has commissioned an additional 4 MW of its 100 MW wind power project at Titoda in Gujarat. The commissioning was witnessed and confirmed by officials from the Gujarat Energy Development Agency and Paschim Gujarat Vij Company Limited….
