NPCIL signs Engineers India for Bharat Small Modular Reactor design
Author: PPD Team Date: August 18, 2025
Author: PPD Team Date: August 18, 2025
Nuclear Power Corporation of India (NPCIL) has signed an MoU with Engineers India Limited (EIL) to provide design and engineering services for the Bharat Small Modular Reactor (BSMR). The agreement was signed on 12 August at NPCIL’s Mumbai office.
The project supports the government’s plan to expand nuclear capacity to 100 GW by 2047, up from the current 8,180 MW. The 200 MW BSMR, based on pressurised water reactor technology, is being developed by Bhabha Atomic Research Centre and NPCIL.
The concept design was completed in April 2025, and detailed engineering is underway. The Union Budget 2025-26 allocated Rs 20,000 crore under a Nuclear Energy Mission to build at least five indigenously designed SMRs by 2033.
The first BSMR200 unit is expected within six years of financial approval, with commissioning planned in the seventh year at an estimated cost of Rs 5,700 crore. Components will be sourced from domestic vendors, with EPC firms handling construction and commissioning.
The government has left open the option of using imported enriched uranium if required. Standardisation of the design is expected to reduce costs in future units.
Author: PPD Team Date: February 20, 2026 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 GW by 2030, supported by an expanding project pipeline and several joint ventures….
Author: PPD Team Date: February 12, 2026 Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder for an intra-state transmission project in Maharashtra under the Tariff Based Competitive Bidding (TBCB) framework, the company informed exchanges today. The Letter of Intent (LoI) was received on February 11, 2026, for the project titled “Network Expansion scheme in Maharashtra for removal of Transmission constraints in Pune Region-I (765/400 kV AIS Pune East).” The project…
Author: PPD Team Date: December 11, 2025 Waaree Energies Limited has set up a new wholly owned step-down subsidiary to support its Independent Power Producer strategy. The company confirmed the incorporation of Solaris Horizon Energy Private Limited on 10 December 2025 through Waaree Forever Energies Private Limited, a wholly owned subsidiary. The company said in its filing that Solaris Horizon Energy Private Limited has been created as an Independent Power Producer. The subsidiary will be…
Author: PPD Team Date: January 9, 2026 Power Mech Projects Limited (PMPL) has announced that its wholly owned subsidiary, PM Green Private Limited, has secured a battery energy storage contract from West Bengal State Electricity Distribution Company Limited (WBSEDCL). The contract is for setting up a 250 MW / 1,000 MWh standalone Battery Energy Storage System (BESS) at Goaltore in Paschim Medinipur, West Bengal. The project will be implemented under a Build Own Operate (BOO)…
Author: PPD Team Date: January 10, 2025 Exus Renewables has acquired the 130MWp Cibele solar farm in Portugal from Lightsource bp. Located in Rio Maior and Cadaval, the project is ready for construction, which is set to begin in early 2025, with operations expected in 2026. The acquisition supports Exus’ renewable energy strategy in the Iberian Peninsula and aligns with its hybridisation goals, as the site allows for potential future wind energy integration. Exus Renewables’…
Author: PPD Team Date: September 16, 2024 EnBW is in discussions with its major shareholders about a potential capital increase of €3 billion to manage the rising costs of investing in Germany’s energy transition. The utility stated that the decision regarding a possible share issue will be made by shareholders at the annual general meeting. EnBW, primarily owned by the German state of Baden-Wuerttemberg and local municipalities, anticipates its investments in energy projects could rise…