On the third day of the 10th round of commercial coal mine auctions, Orissa Alloy Steel Private Limited secured the partially explored Kerendari-BC North coal block in Jharkhand, which has geological reserves of 600 million tonnes.
The company submitted the highest bid of 23.25% against a reserve price of 4%.
REC Power Development and Consultancy Limited (RECPDCL), a wholly-owned subsidiary of REC Limited, has incorporated Kukshi Alirajpur Transmission Limited as a Special Purpose Vehicle (SPV) for the project, “Strengthening of Intra-State Transmission System at Kukshi/ Alirajpur Area by Establishment of New EHV Substations & Associated Transmission Lines” in Madhya Pradesh. The transmission scheme is aimed…
Tata Electronics has signed a memorandum of understanding (MoU) with ASMPT Singapore to establish semiconductor assembly equipment infrastructure for its chip packaging units in Assam and Karnataka. This partnership will enhance workforce training, service engineering infrastructure, automation, and R&D in advanced packaging technologies like wirebond, flip chip, and integrated system packaging. ASMPT will support Tata…
JSW Energy’s step-down subsidiary, JSW Renew Energy Eleven, has signed a power purchase agreement (PPA) with Solar Energy Corporation of India (SECI) for a 700 MW solar capacity under SECI Tranche XIII. The PPA, with a tariff of Rs 2.56/kWh, is set for 25 years, and the project is expected to be commissioned within 24…
Germany and India have reaffirmed their commitment to renewable energy and sustainable growth, the German Embassy has said. The announcement followed Parliamentary State Secretary Johann Saathoff’s four-day visit to India, marking 25 years of the Indo-German strategic partnership. Saathoff opened the German Pavilion at the Renewable Energy India (REI) Expo 2025 in New Delhi, where…
NLC India Limited has completed the transfer of its renewable energy portfolio to a dedicated subsidiary, consolidating its clean energy assets under a single entity. In a disclosure dated 01 January 2026, the company informed the stock exchanges that seven Renewable Energy (RE) assets have been transferred to NLC India Renewables Limited (NIRL), a wholly…
The Ministry of Power (MoP) has directed all states, union territories, and power utilities to accept Insurance Surety Bonds (ISBs) as an alternative to bank guarantees for bid security and performance security. The directive takes effect from April 4, 2026. The instruction was issued through an Office Memorandum signed by Director Manish Mishra. It follows…