Similar Posts
US power consumption forecasted to hit record levels in 2025 and 2026
The US Energy Information Administration (EIA) has forecast that power consumption in the United States will reach record levels in 2025 and 2026. The surge is attributed to the growing electricity demand from data centres focused on artificial intelligence and cryptocurrency, alongside increased usage in homes and businesses for heating and transportation, as reported by…
Kataria Industries acquires Ratlam Wires’ wire manufacturing business
Kataria Industries has acquired the wire manufacturing business of Ratlam Wires for approximately Rs 310 million. The acquisition, valued at Rs 306 million, is structured as a slump sale, with the business continuing as a going concern. This move is expected to enhance Kataria’s presence in the steel wire industry. Ratlam Wires produces various steel…
Adani Power denies Bangladesh plans to renegotiate power deal amid disputes
According to a Reuters report, Adani Power stated that it has no indication the Bangladesh government plans to review its 25-year power purchase agreement (PPA) with the company. This follows earlier claims that Bangladesh is seeking to renegotiate terms to lower electricity prices or cancel the deal through legal means. The PPA, signed in 2017,…
Union Government lays foundation stone for Deen Bandhu Chhotu Ram Power Expansion Project
On April 14, 2025, the Union Government laid the foundation stone for the Deen Bandhu Chhotu Ram Power Expansion Project in Yamunanagar, Haryana. The expansion will see the development of an 800 MW unit by Haryana Power Generation Corporation Limited (HPGCL) at an estimated cost of Rs 84.7 billion. This project is an extension of…
TVA leads $800m SMR initiative to expedite Clinch River nuclear project
The Tennessee Valley Authority (TVA) will lead an $800 million application to the US Department of Energy’s Generation III+ small modular reactor (SMR) program. The initiative, supported by Bechtel, BWX Technologies, and Duke Energy, aims to accelerate the construction of an SMR at TVA’s Clinch River project in Oak Ridge, Tennessee. If successful, the funding…
US DoI to expand geothermal energy on public lands
The US Department of the Interior (DOI) has announced plans to boost geothermal energy development on public lands, supporting the Biden-Harris administration’s goal of a carbon pollution-free power sector by 2035. The Bureau of Land Management (BLM) has approved the Fervo Cape geothermal project in Beaver County, Utah, which is expected to generate up to…
