NTPC Green Energy Ltd (NGEL), a subsidiary of NTPC, has signed a joint venture agreement (JVA) with Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT) to develop 10 GW of renewable energy (RE) projects in Maharashtra and other states.
The joint venture aims to establish renewable energy parks and projects, aligning with NTPC’s goal of achieving 60 GW of RE capacity by FY32.
Coal India Limited (CIL), the state-owned Maharatna mining company, has incorporated a joint venture with Damodar Valley Corporation (DVC) to foray into the power generation business. The new entity, DVC CIL Power Private Limited, was incorporated on March 27, 2026, and has been allotted Corporate Identification Number (CIN) U35102WB2026PTC287644 by the Ministry of Corporate Affairs….
Adani Power Limited has secured a Letter of Intent from Bihar State Power Generation Company Limited to develop a 2,400 MW coal-based power project in Bhagalpur. The planned facility will feature three 800 MW ultra-supercritical units. It will be implemented under the Design, Build, Finance, Own, and Operate model. The first unit is targeted for…
Sterlite Electric has appointed Sumil Mathur as Group Chief Financial Officer (CFO). He will oversee global financial strategy, capital management and corporate governance across the group’s businesses. In his new role, Mathur will be responsible for financial management and supporting strategic growth initiatives across business verticals. He joins Sterlite Electric after serving at Emaar India…
Italy plans to finalise a strategy for the reintroduction of nuclear power by the end of 2027, as reported by Reuters. Energy Minister Gilberto Pichetto Fratin revealed the plan in an interview with Il Sole 24 Ore. The current government, under Prime Minister Giorgia Meloni, is considering small modular reactors (SMRs) and advanced modular reactors…
Toyota Kirloskar Motor Private Limited (TKM) has signed a memorandum of understanding (MoU) with Ohmium International to explore green hydrogen development opportunities in India.  As part of the collaboration, the two companies will work to integrate Toyota’s proton exchange membrane (PEM) fuel cell technologies—backed by Toyota Motor Corporation Japan—with Ohmium’s modular PEM electrolyser systems. These…
Punjab State Power Corporation Limited (PSPCL) has issued Letters of Award (LoAs) to five firms for developing a total of 31.37 MW grid-connected rooftop solar photovoltaic (PV) projects under the capital expenditure (CAPEX) model. The projects will be installed across various locations in Punjab. Sugs Lloyd Private Limited secured contracts for multiple packages, including 5.113…