Power Sector News Roundup for October 23, 2025

Author: PPD Team Date: March 13, 2026 EAC clears Adani’s 1,200 MW pumped storage project in Uttar Pradesh The Expert Appraisal Committee (EAC) for River Valley and Hydroelectric Projects has recommended granting Terms of Reference (ToR) for the proposed 1,200 MW Cherue Pumped Storage Project in Sonbhadra district, Uttar Pradesh. Adani Hydro Energy Six Limited will develop the project, with the recommendation made during the committee’s 49th meeting in February 2026. The project, estimated at…

Author: PPD Team Date: December 9, 2025 India JK Cement raises stake in O2 Renewable Energy V JK Cement bought an additional 12.21 per cent stake in O2 Renewable Energy V for about Rs 0.05 billion, raising its total holding to 28.97 per cent. The company acquired 46,45,658 shares from JSW Neo Energy at Rs 11.18 each. The higher stake strengthens its position in a 22 MW Karnataka wind project that supplies power to JK…

Author: PPD Team Date: February 19, 2026 AdaniConneX incorporates Navi Mumbai Power Distribution subsidiary AdaniConneX Private Limited (ACX), a 50:50 joint venture of Adani Group and EdgeConneX, has incorporated a wholly owned subsidiary, Navi Mumbai Power Distribution Limited (NMPDL). NMPDL has been incorporated in India and registered with the Registrar of Companies (RoC), Ahmedabad, with a subscribed capital of Rs 100,000 divided into 10,000 equity shares of Rs 10 each, and ACX indirectly holds a…

Author: PPD Team Date: November 21, 2025 India Uttar Pradesh releases long term energy and renewable roadmap for 2047 Uttar Pradesh has issued its Energy and Renewable Vision 2047 with a target to meet 40 to 50 percent of its energy demand from renewable sources by 2047. The plan focuses on clean, reliable, and affordable power. It proposes new solar parks, floating solar projects, hybrid systems, and bioenergy units, along with wider EV charging and…