JSW Energy secures CoC approval for RCRIPL resolution plan
Author: PPD Team Date: November 21, 2025
Author: PPD Team Date: November 21, 2025
JSW Energy has received approval from the Committee of Creditors for its resolution plan for Raigarh Champa Rail Infrastructure Private Limited. The company received the Letter of Intent on November 19, 2025, which marks an important step in securing rail connectivity for its 3,600 MW thermal power project.
The approval follows JSW Energy’s earlier acquisition of KSK Mahanadi Power Company Limited, which made JSW Energy the holding company. RCRIPL is the exclusive rail link for moving coal to KMPCL’s plant, making it a key logistical asset for the project.
KMPCL operates a 1,800 MW thermal plant and is building another 1,800 MW unit in Chhattisgarh. Securing RCRIPL ensures dedicated rail infrastructure for the project’s fuel supply needs.
The transaction will be completed after approval by the National Company Law Tribunal. JSW Energy said this strengthens its integrated position in the power sector by securing essential logistics for its thermal portfolio.
Author: PPD Team Date: October 23, 2024 Scatec has reached financial close for its 103 MW/412 MWh Mogobe battery energy storage system (BESS) in South Africa. The project, Africa’s first and largest standalone dispatchable BESS, is set to begin construction near Kathu in the Northern Cape. Scatec holds a 51% equity share, with Perpetua Mogobe (RF) owning 46.5%, and the Mogobe Local Community Trust holding 2.5%. The Mogobe BESS was awarded a 15-year power purchase…
Author: PPD Team Date: November 11, 2025 Prime Minister Narendra Modi inaugurated and laid the foundation stone for projects worth Rs 8,260 crore in Uttarakhand on November 9, 2025, marking the state’s 25th foundation day. The projects span key sectors including energy, drinking water, irrigation, education, and urban development. In the energy sector, the Prime Minister inaugurated an electrical substation in Pithoragarh district and solar power plants installed on government buildings. These projects aim to…
Author: PPD Team Date: November 28, 2024 India has signed a Project Implementation Agreement (PIA) with the International Solar Alliance (ISA) to execute solar energy projects in Fiji, Comoros, Madagascar, and Seychelles. This initiative, aligned with the Quad Climate Working Group’s agenda, focuses on addressing energy challenges and supporting sustainable development in the Indo-Pacific region. The agreement, formalized on November 26, 2024, supports the Wilmington Declaration made during the Quad Leaders’ Summit, where Quad countries—India,…
Author: PPD Team Date: November 21, 2024 The Adani Group has announced plans to invest USD 35 billion over the next five years to establish large-scale renewable energy plants across India. The focus will be on solar, wind, and hybrid energy systems, aiming to play a significant role in the global energy transition. Sagar Adani, Executive Director of Adani Green Energy, revealed this initiative during a CEO panel discussion at the SBI Economic Conclave. He…
Author: PPD Team Date: February 27, 2026 The Tamil Nadu government has presented the interim budget 2026-2027, seeking a total net expenditure of Rs 18,090.63 crore for the Energy Department. Under major head 2801 (Power), the state has estimated net expenditure of Rs 24,661.23 crore for 2026-27, compared with the revised estimate of Rs 15,284.68 crore for 2025-26. The allocation includes support to the electricity board and subsidies for multiple consumer categories. Major head 4801…
Author: PPD Team Date: January 27, 2025 NextEra partners with GE Vernova for natural gas-fired project NextEra Energy has partnered with electric services company GE Vernova to develop natural gas-fired power generation projects in the United States, as reported by Reuters. The collaboration aims to primarily supply electricity to AI data centres and other significant power consumers. This partnership comes amid rising demand from Big Tech’s data centres for natural gas-fired electricity, particularly as federal…