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CAG audit flags operational gaps and revenue losses at NLC India
A performance audit by the Comptroller and Auditor General of India (CAG) identified operational, financial and compliance gaps at NLC India Limited’s lignite mines and thermal power stations in Neyveli, leading to revenue losses and safety and environmental concerns. The audit covered 2017-18 to 2022-23 and reviewed Mine-I, Mine-IA and Mine-II along with TPS-I Expansion…
Advait Energy signs hydrogen MoUs, wins Power Grid crane order
On February 7, 2026, Advait Energy Transitions Limited informed exchanges that its subsidiary, Advait Greenergy Private Limited, signed three non-binding Memoranda of Understanding (MoUs) during the India Energy Week held from January 27 to 30, 2026. The MoUs cover separate areas of the green hydrogen value chain. Advait Greenergy partnered with V J Industries to…
Assam pauses green hydrogen policy, raising investor concerns
Assam has paused its flagship green hydrogen policy, causing concern among investors already affected by reduced clean energy incentives. The state had aimed to attract clean energy investments through subsidies and waivers. Energy firms such as NTPC Green, Larsen & Toubro, Sembcorp, and Abu Dhabi-based Ocior had shown initial interest in green hydrogen projects in…
Solar91 Cleantech secures BSE approval for Rs 1 billion SME IPO
Solar91 Cleantech has received approval from the Bombay Stock Exchange to proceed with its small medium enterprise (SME) initial public offering (IPO). The IPO will involve the issuance of up to 5.43 million equity shares, targeting a fundraising of Rs 1 billion. The proceeds will be used to support Solar91 Cleantech’s transition into an independent…
L&T secures transmission orders in India and Middle East
Larsen & Toubro’s Power Transmission & Distribution (PT&D) business has won grid infrastructure orders in both domestic and international markets. In India, L&T has been awarded a contract to construct 765kV and 400kV transmission lines in Andhra Pradesh. These lines are critical for integrating a renewable energy zone (REZ) into the national grid. Internationally, the…
AMPIN Energy and CIP to invest USD 300 million in India’s renewable projects
AMPIN Energy Transition has partnered with Copenhagen Infrastructure Partners (CIP) to invest USD 300 million in renewable energy projects across India. This joint effort aims to establish a renewable energy asset base valued between USD 2.7 billion and USD 3 billion. Building on a USD 200 million joint equity commitment made in 2021, the collaboration…
