PM Modi inaugurates Mahi Banswara nuclear power project in Rajasthan
Author: PPD Team Date: September 29, 2025
Author: PPD Team Date: September 29, 2025
Prime Minister Narendra Modi has inaugurated the 2,800 MW Mahi Banswara Rajasthan Atomic Power Project (MBRAPP), being developed through a joint venture between NTPC Limited and Nuclear Power Corporation of India Limited (NPCIL). The joint venture company, Anushakti Vidhyut Nigam Limited, is implementing the project.
The plant, with an investment of Rs 420 billion, will be among India’s largest nuclear facilities and is intended to provide reliable base load power. NPCIL holds a 51 per cent stake in the venture, while NTPC owns the remaining 49 per cent. Both companies will contribute funding, technical support, and project management capabilities.
The nuclear project was launched along with other energy developments in Rajasthan, with a combined investment of more than Rs 510 billion. The first unit of the Mahi Banswara project is targeted for commissioning in 2031, with full completion expected by 2036.
Author: PPD Team Date: January 29, 2026 Suzlon Energy Limited has won its first wind energy order from the ArcelorMittal Group, securing a 248.85 MW project in Gujarat. The order takes Suzlon’s cumulative contribution to green steel projects to around 1,156 MW. On 28th January 2026, Suzlon informed the stock exchanges that it had received an order from ArcelorMittal through the group’s renewable energy arm in India. The project forms part of a larger 550…
Author: PPD Team Date: December 18, 2024 The retrofitting of thermal power plants with flue-gas desulphurization (FGD) units has reached only 11.1% of the total installed capacity, according to a report presented in Parliament. Union Power Minister Manohar Lal informed the Rajya Sabha on December 16, 2024, that FGD units have been commissioned in 44 thermal power plants, representing a combined capacity of 22,590 MW out of the total target of 2,04,160 MW across 537…
Author: PPD Team Date: December 23, 2024 The European Investment Bank (EIB) and Portuguese utility EDP have signed two loan agreements worth €700 million ($726.8 million) to fund renewable energy projects and expand the power grid in southern Europe. A €500 million loan, part of a €900 million green framework, will support EDP Renewables in deploying 1,943 MW of solar and onshore wind capacity across Portugal, Spain, and Italy by 2026. These installations will generate…
Author: PPD Team Date: January 6, 2025 Union Home Minister and Minister of Cooperation, Shri Amit Shah, chaired the 7th meeting of the Island Development Agency (IDA) in New Delhi. The meeting focused on the progress of development initiatives in the Andaman and Nicobar Islands and Lakshadweep. Shri Shah emphasized the importance of solar and wind energy projects in the islands, aiming for 100% renewable energy generation. He directed the Ministry of New and Renewable…
Author: PPD Team Date: November 4, 2024 Genus Power Infrastructures Ltd announced an outstanding order book of Rs 317.76 billion (net of taxes) as of September 30, 2024, including orders from the GIC platform and all company SPVs. This robust order book comprises long-term smart metering concessions of 8-10 years. Commenting on the company’s Q2FY25 performance, Joint Managing Director Jitendra Kumar Agarwal highlighted the strategic advantage provided by this strong order book. Execution is expected…
Author: PPD Team Date: July 18, 2025 NLC India Renewables is likely to launch an initial public offering (IPO) worth Rs 40 billion in the first half of FY26–27, according to sources cited by Zee Business. The company may file its draft papers with the Securities and Exchange Board of India (SEBI) by March 2026. The IPO plan comes as part of NLC India’s broader strategy to scale up renewable energy operations through its wholly…