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NPCIL explores joint nuclear projects with PSUs and states
The Nuclear Power Corporation of India Ltd (NPCIL) is in talks with central public sector undertakings (PSUs), including Indian Oil Corporation (IOC) and Indian Railways, for joint development of nuclear power plants.  Several states have shown interest in acquiring minority stakes in upcoming nuclear projects. According to NPCIL, state participation would ease land acquisition and…
IntelliSmart acquisition to make Adani Energy Solutions India’s biggest smart metering platform
Adani Energy Solutions Limited (AESL) has signed a binding securities purchase and subscription agreement to acquire a 100% equity stake in IntelliSmart Infrastructure Private Limited for a total consideration of Rs 3,050 crore. The transaction includes the acquisition of the entire equity share capital of IntelliSmart and the redemption of optionally convertible debentures held by…
K.P. Energy secures 1,003.7 MW EPC orders from KPI Green
K.P. Energy, based in Gujarat, has secured engineering, procurement, and construction (EPC) contracts totalling 1,003.7 MW from its parent company, KPI Green Energy. The projects include an 86.8 MW hybrid plant (70 MW solar and 16.8 MW wind), a 641.9 MW hybrid plant (518 MW solar and 123.9 MW wind), and a 275 MW solar…
POWERGRID commissions RE transmission project, gets higher investment limit
Power Grid Corporation of India Ltd. (POWERGRID) has announced the full commissioning of a major interstate transmission system and Cabinet approval to raise its equity investment limit per subsidiary. The developments were disclosed in exchange filings on February 24, 2026. POWERGRID’s wholly owned subsidiary, POWERGRID Narala Transmission Limited, has commissioned an Inter-State Transmission System (ISTS)…
- India | Generation | News
Adani Power signs power supply deal with Bihar for 2,400 MW project
Adani Power Limited has entered into a 25-year Power Supply Agreement (PSA) with Bihar State Power Generation Company Limited (BSPGCL) for 2,400 megawatts (MW) of electricity from a proposed ultra-supercritical thermal power plant in Bhagalpur district. The PSA was signed on September 12, 2025, following the Letter of Award issued to the company in August….
KPI Green signs PPAs with GUVNL for renewable energy projects
KPI Green Energy has signed power purchase agreements (PPAs) with Gujarat Urja Vikas Nigam (GUVNL) for 620 MWAC (917 MWDC) renewable energy projects. The agreement includes a 250 MWAC (275 MWDC) grid-connected solar photovoltaic project, won through a competitive bidding process under Phase-XXIV, aimed at procuring power from 500 MW grid-connected solar projects across India,…
