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India to require Rs 200 lakh crore power sector investment by 2047
India’s power sector will require investment of approximately Rs 200 lakh crore over the next two decades, Union Minister of Power Manohar Lal said while inaugurating the Bharat Electricity Summit 2026 in New Delhi. Speaking at Yashobhoomi, the Minister framed the investment need within India’s goal of becoming a developed nation by 2047, citing energy…
Vikram Solar IPO opens with Rs 6.21 billion raised from anchor investors
The initial public offering of Vikram Solar Limited opened on Tuesday and will close on 21 August 2025. The company has set the price band at Rs 315 to Rs 332 per share. The issue is proposed for listing on both the NSE and the BSE. The IPO seeks to raise Rs 20.79 billion. Of…
India | Generation | NewsAdani Power adds second nuclear subsidiary in a week
Adani Power Limited has expanded its presence in the nuclear energy sector with the incorporation of Rawatbhata-Raj Atomic Energy Limited (RRAEL), a step-down wholly owned subsidiary, according to a regulatory filing made today. RRAEL was incorporated on April 20, 2026, under Adani Atomic Energy Limited (AAEL), which is a wholly owned subsidiary of Adani Power…
NPCIL IPO likely in 2026 as budget support is cut sharply
The Initial Public Offering (IPO) of Nuclear Power Corporation of India Limited (NPCIL) is expected to materialise this year after remaining in the pipeline for over 15 years. The Department of Atomic Energy (DAE) informed a Parliamentary Standing Committee that Budget 2026-27 has reduced equity support to NPCIL from Rs 3,042 crore to Rs 100…
Ørsted and PGE reach FID for Baltica 2 offshore wind farm in Poland
Ørsted and Polska Grupa Energetyczna (PGE) have made the final investment decision (FID) for the 1.5GW Baltica 2 offshore wind farm off the Polish coast. The wind farm is expected to be fully commissioned by the end of 2027. Developed in a 50/50 partnership, Ørsted and PGE will be responsible for the entire project, including…
Assam clears projects for thermal, hydro and green sectors
The Government of Assam is pushing ahead with a large-scale infrastructure push across thermal, hydro, and green sectors. The Cabinet has cleared the 3,400 MW Dhubri Thermal Power Project and the 900 MW West Karbi Anglong Pumped Storage Project. A new green investment fund has also been approved. The Dhubri project is planned in Chirakuta…
