The Ministry of Power (MoP) has planned to set up a nuclear power plant (NPP) in Kerala, pending the availability of 60.7 hectares of land.
Athirappilly in Thrissur district and Cheemeni in Kasaragod district have been identified as suitable sites for the plant.
Kerala State Electricity Board (KSEB) intends to utilize the thorium reserves along the Kerala coast to establish a thorium-based NPP.
The Maharashtra cabinet has cleared the creation of a joint venture (JV) between Maharashtra State Power Generation Company Limited (Mahagenco) and SJVN Limited to develop 5,000 megawatts (MW) of renewable energy capacity. Under the agreement, SJVN will hold 51 percent equity and Mahagenco 49 percent. The projects will cover pumped storage hydro, solar-wind hybrid systems,…
India’s total installed power generation capacity stood at 532,740 MW as of March 31, 2026, according to the Central Electricity Authority (CEA). Non-fossil sources accounted for 283,468 MW (53.21%), while fossil fuel-based capacity stood at 249,272 MW (46.79%). Coal remained the largest source at 221,940 MW (41.66%). Solar contributed 150,261 MW (28.21%), followed by wind…
AmpereHour Energy and IndiGrid have commissioned a 180 MW / 360 MWh Battery Energy Storage System (BESS) at a Gujarat Energy Transmission Corporation (GETCO) substation in Gujarat. With Gujarat Urja Vikas Nigam Limited (GUVNL) as the off-taker, the project is among the largest standalone utility-scale BESS installations in India and Asia. The project is expected…
China’s carbon emissions may decline by 1.6 billion tonnes by 2030 if 17.5 trillion yuan ($2.5 trillion) in green investment is mobilised over the next five years, according to a research note by China International Capital Corporation (CICC) cited by Bloomberg. CICC projects that China’s emissions will peak at 11.3 billion tonnes in 2028. The…
Rays Power Infra has submitted its draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) to raise up to Rs 11.5 billion through an initial public offering (IPO). The IPO will comprise a fresh equity issue of Rs 9 billion and an offer-for-sale of up to Rs 2.5 billion by…
Sunsure Energy has achieved financial closure for its 150 MW open access solar park project in Solapur, Maharashtra. The company secured long-term debt financing of Rs 4.16 billion (USD 48.07 million) from Aseem Infrastructure Finance Limited. The first phase of the solar park has been commissioned, and the entire project is slated for completion by…