NPCIL invites proposals for 220 MW Bharat Small Reactors
Author: PPD Team Date: January 2, 2025
Author: PPD Team Date: January 2, 2025
Nuclear Power Corporation of India Limited (NPCIL) invited Request for Proposal (RfP) bids for setting up the 220 MW BSR (Bharat Small Reactors) Nuclear Captive Power Plant on December 31, 2024. The last date for bid submission is March 31, 2025.
The 220 MW NPP will be a Captive Generating Plant (CGP) that will use pressurised heavy water reactor (PHWR) technology and will be built on brownfield/greenfield sites offered by private firms.
The Private firms are expected to have the right to electricity generation as a captive power use along with funding the project, and NPCIL is expected to operate and manage the project.
The government plans to deploy 40-50 reactors over the next decade, with private sector collaboration in line with Finance Minister Nirmala Sitharaman’s 2024-25 Union Budget proposal.
Author: PPD Team Date: April 14, 2026 The Ministry of New and Renewable Energy (MNRE) has issued a circular dated April 13, 2026, formalising application fees for inclusion and updates under the Approved List of Models and Manufacturers for Wind Turbine Components (ALMM-WTC). Under the revised structure, inclusion of a new component model or updating an existing model based on revised type certificate documents will require a fee of Rs 3 lakh per model, per…
Author: PPD Team Date: July 1, 2025 Mahanadi Coalfields Limited (MCL) is scaling up its presence in Odisha’s energy sector with a major investment plan of Rs 649 billion. The company aims to diversify beyond coal and enter both renewable and thermal power segments. At the core of this strategy is a 2,100 MW renewable energy expansion in Odisha. This includes 2,000 MW of ground-mounted and floating solar power, backed by an investment of Rs…
Author: PPD Team Date: March 19, 2026 CleanMax Enviro Energy Solutions Limited reported consolidated earnings before interest, tax, depreciation and amortisation (EBITDA) of Rs 945 crore for the first nine months of FY26, a 33% increase from Rs 709 crore in the same period last year. The company also crossed 3 GW of commissioned capacity, alongside announcing a board change and a project acquisition. Capacity and performance Commissioned capacity reached 3.0 GW as of March…
Author: PPD Team Date: February 26, 2025 Assam Power Generation Corporation Limited (APGCL) and Oil India Limited (OIL) have established a joint venture (JV) named APGCL OIL Green Power Limited to develop renewable energy projects in Assam. The JV will plan, develop, construct, own, and operate various renewable energy projects, including solar, wind, small hydro, and biomass. It will also focus on green hydrogen infrastructure, covering production, storage, transportation, and distribution. Additionally, the company will engage…
Author: PPD Team Date: February 17, 2025 Premier Energies Photovoltaic Private Limited, a wholly-owned subsidiary of Premier Energies Limited (PEL), secured contracts worth Rs 12.34 billion for the supply of solar photovoltaic (PV) modules in India on February 14, 2025. The supply is expected to begin in April 2025. In January 2025, PEL’s subsidiaries—Premier Energies Global Environment Private Limited, Premier Energies International Private Limited, and Premier Energies Photovoltaic Private Limited—won contracts worth Rs 1.46 billion…
Author: PPD Team Date: November 21, 2024 Satvik Green Energy has reportedly filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise Rs 11.50 billion through an initial public offering (IPO). The offering includes a fresh issue of shares worth Rs 8.50 billion and an offer for sale of Rs 3 billion by the company’s promoters. Proceeds from the IPO will be utilized to repay debt, invest…