PM Modi to lay foundation stone for Mahi-Banswara nuclear power plant on September 25
Author: PPD Team Date: September 19, 2025
Author: PPD Team Date: September 19, 2025
Prime Minister Narendra Modi will lay the foundation stone for the Mahi-Banswara Nuclear Power Plant in Rajasthan on September 25. He will also inaugurate and dedicate projects worth over Rs 1.21 lakh crore, including clean energy initiatives.
The nuclear project marks NTPC Limited’s entry into the atomic energy sector. The Mahi-Banswara Rajasthan Atomic Power Plant will be developed through a joint venture between Nuclear Power Corporation of India Limited (NPCIL) and NTPC, with NTPC holding a 49 per cent stake.
The project involves setting up four indigenous pressurised heavy water reactors (PHWRs) of 700 MWe each, with a total capacity of 2800 MWe. It will be built on about 1,300 acres along the right bank of the Mahi river, upstream of the Mahi Bajaj Sagar dam. The estimated cost of the project is Rs 42,000 crore, and it will be under the safeguards of the International Atomic Energy Agency (IAEA).
Once commissioned, the facility will be the second nuclear power plant in Rajasthan after the Rajasthan Atomic Power Project (RAPP) at Rawatbhata, which has seven operational units with 1880 MWe capacity and one 700 MWe unit under construction. According to a power ministry official, the Mahi-Banswara plant is expected to take six and a half years to complete.
Author: PPD Team Date: February 18, 2025 NHPC Ltd, a state-owned hydropower company, has announced a major investment of Rs 840 billion to develop 20 GW of pumped storage capacity. This project is part of a larger capital expenditure plan estimated at Rs 12,000 billion, with most investments to be made through joint ventures (JVs). Currently, NHPC has an installed capacity of 7.1 GW from renewable sources across 25 power stations, including 1.5 GW from…
Author: PPD Team Date: January 12, 2026 REC Power Development and Consultancy Limited (RECPDCL) has transferred its entire shareholding in two project-specific special purpose vehicles (SPVs), Velgaon Power Transmission Limited and Jejuri Hinjewadi Power Transmission Limited, to successful bidders selected through a tariff-based competitive bidding (TBCB) process. The divestments were completed through separate Share Purchase Agreements signed on 9 January 2026. Jejuri Hinjewadi Power Transmission Limited was acquired by The Tata Power Company Limited, while…
Author: PPD Team Date: October 14, 2025 Viviana Power Tech Limited has signed multiple Memoranda of Understanding (MoUs) with the Gujarat government, worth Rs 2,448 crore, on the opening day of the Vibrant Gujarat Regional Conference (VGRC) 2025. The agreements cover the design, supply, and execution of substations, power transmission and distribution systems, renewable energy projects, smart grid upgrades, and the manufacturing and supply of transformers. The projects are expected to create employment for over…
Author: PPD Team Date: March 6, 2025 The Competition Commission of India (CCI) has approved JSW Energy Limited’s acquisition of a 100 per cent stake in KSK Mahanadi Power Company Limited (KMPCL) through its wholly owned subsidiary, JSW Thermal Energy One Limited. KMPCL operates a 3,600 MW (6×600 MW) thermal power plant in Janjgir-Champa, Chhattisgarh, and is currently undergoing the corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016. CCI has also cleared…
Author: PPD Team Date: November 14, 2024 Tata Power Renewable Energy Limited (TPREL) has commissioned a 126 MW Omkareshwar floating solar project in the Khandwa district of Madhya Pradesh. The Rs 5.96 billion engineering, procurement, and construction (EPC) project was awarded by NHDC Limited and will supply power to the Madhya Pradesh Power Transmission Company Limited (MPPTCL). Completed within 26 months, this installation is among India’s largest floating solar projects, marking a significant milestone in…
Author: PPD Team Date: September 26, 2025 Waaree Forever Energies Private Limited, a wholly-owned unit of Waaree Energies Limited, has incorporated Waaree Forever Energies Three Private Limited. The incorporation took place on September 24, 2025, and the certificate of incorporation was received on September 25, 2025. This follows earlier incorporations of three step-down subsidiaries this month. Waaree Forever Energies Four Private Limited and Waaree Forever Energies Five Private Limited were incorporated on September 10, with…