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India may open uranium mining and processing to private sector
India is considering a policy to permit private companies to mine, import, and process uranium, Reuters reported, citing two government sources. The plan aims to attract significant investment, expand the country’s nuclear power sector, and increase nuclear power’s share to 5 per cent of total electricity generation. The proposed framework would keep government control over…
Quaise Energy partners with Nevada Gold Mines to retrofit power plant with geothermal energy
Quaise Energy has partnered with Nevada Gold Mines (NGM) to explore deep geothermal energy for decarbonizing NGM’s TS power plant. This collaboration aims to hybridize on-site power generation by utilizing geothermal heat from NGM’s land and subsurface resources, reducing reliance on fossil fuels and greenhouse gas emissions in the mining sector. This marks the first…
What two-year exemption for Chinese power firms means for domestic manufacturers
The Department of Expenditure under the Union Ministry of Finance has granted a two-year exemption from public procurement restrictions to four Indian subsidiaries of Chinese electrical equipment manufacturers, allowing them to participate in Central government procurement without registration under the Public Procurement Order. The exemption, effective June 24, 2026, has been granted following a request…
Suzlon secures 400 MW wind EPC order from Tata Power Renewables
Suzlon Energy Limited has secured a 400 MW engineering, procurement and construction (EPC) contract from Tata Power Renewable Energy Limited (TPREL) for a wind power project in Andhra Pradesh. The order takes the cumulative partnership between the two companies to more than 1 GW across Karnataka, Maharashtra, Tamil Nadu and Andhra Pradesh. The project will…
Adani Power allots Rs 7,500 crore NCDs under approved fundraising plan
Adani Power Limited has allotted secured, listed, non-convertible debentures worth Rs 7,500 crore through a private placement. The issuance is part of a fundraising plan approved earlier by the company’s Board. The debentures have been issued in multiple series with tenors ranging from two to five years and are rated AA with a stable outlook….
PGCIL invites bids for undersea power cable package for offshore wind project in Gujarat
Power Grid Corporation of India Limited (PGCIL) has invited bids for Package-I of the undersea power cable package (CA-01) for the 220 kV undersea export power cable and underground land cable. This package is part of the Transmission System for Offshore Wind Zone Phase-1 (500 MW VGF off the coast of Gujarat for Subzone B3)….
