L&T wins order from ITER for advanced nuclear fusion project in France
Author: PPD Team Date: October 28, 2024
Author: PPD Team Date: October 28, 2024
Larsen & Toubro (L&T) has secured a ‘significant’ contract, estimated between Rs 10 billion and Rs 25 billion, to implement advanced welding technologies for the ITER Organisation’s nuclear fusion project, the world’s largest, located in Cadarache, Southern France. L&T will focus on critical technologies for assembling ports and complex components within the ITER Tokamak’s vacuum vessel.
ITER, the International Thermonuclear Experimental Reactor, is a large-scale scientific collaboration aiming to make nuclear fusion a viable energy source. Supported by seven member entities, including India, China, the EU, Japan, South Korea, Russia, and the United States, ITER seeks to demonstrate fusion’s potential as a sustainable, carbon-free energy source by generating a self-sustaining “burning plasma.” The project is presently under construction.
L&T will work closely with ITER on technical aspects, developing fusion-relevant hardware and assembly technologies for the vacuum vessel’s systems within the Tokamak.
Author: PPD Team Date: June 12, 2025 REC Power Distribution Company Limited (REC PDCL) has transferred WRNES Talegaon Power Transmission Limited, a special purpose vehicle (SPV), to Adani Energy Solutions Limited (AESL). The SPV will implement the Western Region Network Expansion Scheme to support pumped storage potential near Talegaon, Pune. REC PDCL invited Request for Proposal (RFP) bids in October 2024 and acted as the bid process coordinator (BPC) for selecting a transmission service provider…
Author: PPD Team Date: October 14, 2025 Viviana Power Tech Limited has signed multiple Memoranda of Understanding (MoUs) with the Gujarat government, worth Rs 2,448 crore, on the opening day of the Vibrant Gujarat Regional Conference (VGRC) 2025. The agreements cover the design, supply, and execution of substations, power transmission and distribution systems, renewable energy projects, smart grid upgrades, and the manufacturing and supply of transformers. The projects are expected to create employment for over…
Author: PPD Team Date: October 28, 2024 IndiGrid, Kintech Synergy, and H.G. Infra Engineering have emerged as winners in NTPC Vidyut Vyapar Nigam’s (NVVN) auction to develop 500 MW/1,000 MWh standalone battery energy storage systems (BESS) with Viability Gap Funding (VGF) support. NVVN, a subsidiary of NTPC, allocated 250 MW to IndiGrid 2 at a tariff of Rs 236,999 per MW per month. Kintech Synergy received 65 MW at Rs 237,490/MW/month, and H.G. Infra was…
Author: PPD Team Date: March 27, 2025 Waaree Renewable Energy Technologies Limited has received a Letter of Award (LoA) worth Rs 2,323 million from Waaree Energies Limited for engineering, procurement, and construction (EPC) works. The contract is for setting up 170 MW/255 MWp capacity under Unit-III of the Neemuch Solar Power Park Project in Madhya Pradesh. The LoA was awarded on March 25, 2025. Waaree Forever Energies Limited, a subsidiary of Waaree Energies, had won…
Author: PPD Team Date: November 21, 2024 Octopus Energy Generation, in partnership with Skyborn Renewables, has been selected by the French government to participate in the ninth offshore wind tender. The winners are expected to be announced in late 2025. Skyborn Renewables brings over 20 years of offshore wind development experience, including the recent commissioning of the 500 MW Fécamp wind farm in partnership with EDF Renewables, Enbridge Inc., and Canada Pension Plan Investment Board…
Author: PPD Team Date: June 11, 2025 Power Grid Corporation of India Ltd (PGCIL) has cleared a Rs 131.68 crore project titled Establishment of State-of-the-Art National Unified Network Management System (N-UNMS). This will integrate all regional network management systems into a unified national platform. The decision was taken by PGCIL’s Committee of Directors on Investment on Projects during its June 10, 2025 meeting. The project is being executed under the RTM framework, with formal allocation…