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India | Generation | NewsIndia’s PFBR at Kalpakkam achieves criticality, advancing second stage of nuclear programme
India’s indigenously designed and built Prototype Fast Breeder Reactor (PFBR) at Kalpakkam in Tamil Nadu has attained criticality at 8:25 pm on April 6, 2026, following clearance from the Atomic Energy Regulatory Board (AERB) after safety review, marking a significant milestone in the country’s three-stage nuclear programme. The achievement means the reactor can now sustain…
Oyster Renewable signs 25.2 MW hybrid RTC power deal with Kutch Chemical
Oyster Renewable has signed a Binding Term Sheet with Kutch Chemical Industries Limited to supply round-the-clock (RTC) renewable power under a captive structure. The project comprises 25.2 MW of wind and 27.72 MWp of solar capacity in Gujarat and is designed to provide firm renewable power to Kutch Chemical’s operations. The project marks Oyster Renewable’s…
China’s coal power falls in 2025 as renewables scale up
China’s coal based power generation declined in 2025, marking its first annual fall in a decade, even as total electricity consumption reached a record high. The shift reflects the growing role of renewable energy in meeting demand, according to government data reported by Reuters. Data from the National Bureau of Statistics (NBS) showed that thermal…
Deon Energy files for Rs 1.5 billion IPO to fund expansion
Deon Energy Limited has filed its draft red herring prospectus with the Securities and Exchange Board of India to raise Rs 1.5 billion through an initial public offering. The issue comprises a fresh sale of equity shares with a face value of Rs 10 each. The company plans to use about Rs 1 billion from…
- Generation | India | News
Ministry of Coal awards Rs 85 billion for coal gasification projects
The Ministry of Coal has issued letters of award (LoAs) under Category II of the Rs 85 billion coal gasification incentive scheme (CGIS) to selected applicants. Jindal Steel and Power Limited was awarded Rs 5.69 billion for a 2 million tonnes per annum (mtpa) coal gasification project in Angul, Odisha, aimed at producing direct reduced…
Suzlon Q1 net profit falls 6% to Rs 305 crore; revenue rises 22.5%
Suzlon Energy Limited reported a consolidated net profit of Rs 305 crore for the quarter ended June 30, 2026, down 6% from Rs 324 crore in the corresponding quarter of the previous fiscal year, even as revenue from operations increased 22.5% year-on-year to Rs 3,819 crore. Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) stood…
