SJVN Limited and the Government of Bihar (GoB) signed an MoU on December 31, 2024, to develop the 1,000 MW Hathidah-Durgawati Pumped Storage Project and other similar projects in Bihar.
The 1,000 MW (4×250 MW) Hathidah-Durgawati project will be built on the Durgawati River in Kaimur, Bihar, at an estimated cost of Rs 56,630 million.
NTPC Vidyut Vyapar Nigam (NVVN) has awarded contracts totalling 66 MW of solar capacity to Kirloskar Solar Technologies and Oriana Power. The projects, valued at Rs 2.91 billion, will be developed across multiple Indian states. Kirloskar Solar Technologies received contracts for 32.29 MW of ground-mounted solar projects and 14.74 MW of rooftop solar installations, amounting…
KEC International Limited has energised the 765 kV Double Circuit Koppal–Raichur Transmission Line under the Koppal-II & Gadag-II Renewable Energy Zone (Phase-A) Scheme in Karnataka, enabling the immediate evacuation of 2 GW of renewable energy and providing transmission capacity to support up to 8 GW as renewable generation expands. The transmission line forms part of…
Premier Energies Limited has completed the second and final tranche of its equity acquisition in Transcon Ind Limited, resulting in the company becoming a subsidiary with effect from April 3, 2026. The development follows earlier disclosures made on October 23, 2025 and December 24, 2025. In the final tranche, Premier Energies acquired 52,073 equity shares…
ACME Solar Holdings Limited has launched a qualified institutions placement (QIP) to raise funds from eligible institutional investors. The company’s Fund Raising Committee approved the opening of the QIP on June 1, 2026. It also set the floor price at Rs 294.13 per equity share of face value Rs 2 each, based on the relevant…
Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) has issued a Letter of Award (LoA) to a joint venture of Mohan Energy Corporation Pvt. Ltd. and Shilpa Steel and Power Ltd., Nagpur, for the development of transmission infrastructure linked to a 3,310 MW solar park in Tehsil Pugal, Bikaner. Mohan Energy Corporation Pvt. Ltd. is the…
The Initial Public Offering (IPO) of Nuclear Power Corporation of India Limited (NPCIL) is expected to materialise this year after remaining in the pipeline for over 15 years. The Department of Atomic Energy (DAE) informed a Parliamentary Standing Committee that Budget 2026-27 has reduced equity support to NPCIL from Rs 3,042 crore to Rs 100…