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Torrent Power outlines Rs 500 bn investment in renewables and grid infrastructure
Torrent Power plans to invest Rs 50,000 crore over the next three to four years to increase its renewable energy (RE) capacity to 10 GW by 2030, up from 1.75 GW currently. The capex will be divided across three segments. Around Rs 20,000 crore will support renewable energy projects, Rs 14,000 crore is allocated to…
Adani Power plans 30,000 MW nuclear capacity
Adani Power Limited (APL) is planning to develop 30,000 MW of nuclear power capacity, aiming to replace its thermal power projects (TPPs) with nuclear power projects (NPPs). The TPPs will be phased out as their power purchase agreements (PPAs) conclude. The coal-to-nuclear transition is gaining traction globally, with small modular reactors (SMRs) seen as a…
NLCIL and BARC partner to extract rare earth elements from fly ash
NLC India Limited (NLCIL) has signed a Memorandum of Understanding with the Bhabha Atomic Research Centre (BARC) to launch a pilot project for extracting rare earth elements (REEs) from fly ash. The project will be set up in Neyveli, with BARC providing technical expertise. The initiative aims to demonstrate a new method of recovering REEs…
Adani Green commissions 150 MW solar project at Khavda
Adani Green Energy Limited has operationalised a 150 MW solar power project at Khavda, Gujarat, through its wholly owned stepdown subsidiary Adani Green Energy Twenty Five C Limited. The project was commissioned on May 10, 2026, and power generation commenced on the same day, according to the company. With the addition of the new project,…
Philippines DOE greenlights 19 energy projects for grid compatibility assessment
The Department of Energy (DOE) in the Philippines has approved 19 projects for grid assessment via the National Grid Corporation of the Philippines (NGCP). These projects will undergo a system impact study to evaluate grid readiness for new energy connections and identify required upgrades. Seventeen of the approved projects focus on renewable energy, with two…
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)…
