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Global | News | Power BytesGlobal power sector: key recent developments
Russia revises lunar roadmap, plans nuclear power plant on MoonAt a major Russian space conference, officials outlined a revised lunar programme after the 2023 Luna-25 failure. The updated schedule prioritises Luna-26 in 2028, Luna-27A in 2029, Luna-27B in 2030, and Luna-28 in 2034. A central objective is deploying a small nuclear power plant on the…
NTPC targets Rs 5 trillion investment in green energy by 2030
NTPC has outlined an ambitious plan to invest Rs 5 trillion in green energy by 2030, led by its renewable energy subsidiary, NTPC Green Energy Ltd. (NGEL). To support its projects, NGEL is set to launch an initial public offering (IPO) worth Rs 100 billion, focusing on renewable energy generation, green hydrogen, sustainable fuels, and…
Sterlite Power and Infravision partner to modernize India’s power transmission infrastructure
Sterlite Power has teamed up with Infravision to modernize India’s power transmission infrastructure using advanced, technology-driven construction methods. India’s plan to build 50,000 ckm of transmission lines by 2030 underscores the need for efficient, scalable solutions, and Sterlite Power aims to be a key player in this transformation. Through this partnership, Infravision will provide its…
Prostarm, Topband sign MoU to assemble BESS in India
Prostarm Info Systems Limited has signed a memorandum of understanding (MoU) with Shenzhen Topband Co. Ltd. to explore collaboration for manufacturing battery energy storage systems (BESS) in India under a semi-knocked down (SKD) model, according to a regulatory filing dated April 7, 2026. The company’s board approved the MoU on April 7, 2026. Under the…
SAEL and Shakti Pumps announce new solar manufacturing investments
SAEL Industries Limited and Shakti Pumps (India) Limited have separately announced new investments aimed at expanding domestic solar manufacturing capacity, with a focus on meeting future demand and aligning with domestic content requirement (DCR) norms. SAEL Industries, through its subsidiary SAEL Solar P6 Private Limited, plans to set up an integrated solar manufacturing facility in…
RMC Switchgears reports 26.4% revenue growth in FY26
RMC Switchgears Limited reported consolidated revenue from operations of Rs 401.59 crore for the financial year ended March 31, 2026, registering a year-on-year growth of 26.40%, according to a stock exchange filing. The company recorded consolidated earnings before interest, taxes, depreciation and amortisation (EBITDA) of Rs 47.10 crore during FY26, while profit after tax (PAT)…
