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.
Onix Solar Energy Limited has approved a proposal to raise up to Rs 130 crore through a rights issue of equity shares. The decision was taken at a Board meeting held on April 17, 2026, via video conferencing. The issue will involve equity shares with a face value of Rs 10 each, to be offered…
The Energy Solutions business of Godrej Enterprises Group (GEG) has announced its focus on investing in power infrastructure projects for clean energy. The company will prioritize Maharashtra, Gujarat, Rajasthan, Haryana, and Madhya Pradesh for its green energy and power infrastructure projects. GEG plans to grow at a CAGR of over 20% in the next 3-5…
NLC India Limited reported a 15.07% year-on-year increase in standalone revenue from operations to Rs 2,871.73 crore for the quarter ended June 30, 2026, driven by higher coal production and power generation. On a consolidated basis, group revenue rose 23.29% to Rs 4,716.75 crore. Standalone performance Standalone EBITDA increased 1.13% year-on-year to Rs 1,013.13 crore,…
The Ministry of New and Renewable Energy (MNRE) has issued an Office Memorandum clarifying the applicability of the Approved List of Models and Manufacturers (ALMM) for projects under its Strategic Interventions for Green Hydrogen Transition (SIGHT) Programme. The memorandum, dated December 19, 2025, responds to industry representations seeking clarity on procurement requirements for renewable power…
AMPIN Energy Transition has achieved financial closure for its 200 MW solar-wind hybrid project in Rajasthan, securing green financing of Rs 7.42 billion from Standard Chartered. The total investment in the project is valued at Rs 9.44 billion. Upon completion, the plant is expected to generate approximately 435 million units of renewable energy annually, supplying…
KEI Industries Ltd’s board of directors has approved a proposal to raise Rs 20 billion through a qualified institutional placement (QIP). The funds will be raised via the issuance of equity shares or other eligible securities, subject to shareholder and regulatory approvals. A “Fund Raising Committee” has been formed to finalize the QIP’s terms and…