NHPC Limited has secured approval from the Ministry of Corporate Affairs (MCA) for the merger of Lanco Teesta Hydro Power with NHPC.
The company also received a second insurance payment of Rs 2.50 billion related to business interruption losses from the October 2023 flash flood at the 510 MW Teesta-V Power Station.
NHPC, India’s largest hydropower developer, continues to expand into solar and wind energy.
India’s air quality regulator has imposed penalties totalling about Rs 61.85 crore ($7.4 million) on six coal-fired thermal power plants for not complying with biomass co-firing requirements under national environmental rules. The Commission for Air Quality Management in the National Capital Region and Adjoining Areas (CAQM) took action after a compliance review found that the…
Three companies—NTPC Limited, Oben Electric, and Avaana Capital—have announced fundraises aligned with infrastructure, clean mobility, and sustainability-linked investments. NTPC raises Rs 40 billion via NCDs NTPC Limited has raised Rs 40 billion through the private placement of unsecured, non-convertible debentures (NCDs). The debentures carry a coupon rate of 6.89 per cent per annum and a…
NLC India Limited is progressing with its renewable energy expansion and aims to add around 2 GW of capacity by the end of the current financial year, according to details shared during an investor call by M. Prasanna Kumar, Director. The company is working toward a broader target of 8 GW by 2028 and 10…
NTPC Renewable Energy Limited (NTPC REL) has fully commissioned the 105 MW Unit-1 of its solar power project in Madhya Pradesh. The final 50 MW capacity under the project began commercial operations on March 13, 2025, completing the development of Unit-1. This project is part of the larger 325 MW Shajapur Solar Power Park, which…
Indian Renewable Energy Development Agency Limited (IREDA) posted a net profit of Rs 4.25 billion for the quarter ending December 2024, a 26.48% rise compared to Rs 3.36 billion in the same quarter last year. The company’s revenue from operations increased by 35.59% to Rs 16.99 billion during the quarter, up from Rs 12.53 billion…
PFC Consulting Limited (PFCCL) has launched the bid process to select a Transmission Service Provider (TSP) for the “Network Expansion Scheme for drawal of power at South Kalamb S/s: Part A” in Maharashtra. PFCCL was appointed as the Bid Process Coordinator (BPC) on August 19, 2025. The selected TSP will be responsible for designing, constructing,…