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Dalia Energy secures $1.5bn financing for new Israeli power plant
Israeli power company Dalia Energy has obtained a finance agreement worth 5.3 billion shekels ($1.5bn) from Bank Hapoalim to construct an 850MW power plant at the Eshkol gas-fired power station site in Ashdod, Israel, as reported by Reuters. The non-binding agreement marks a significant milestone for the Avshal plant, which will earn approximately 0.065 shekels…
Oswal Energies receives first electrolyser for green hydrogen project
Oswal Energies Limited has kicked off its Rs 3.2 billion green hydrogen project with the delivery of the first 1 MW electrolyser stack. The equipment, supplied by Greenzo Energy India Limited, marks the start of a 20 MW project being developed under a build-operate-transfer model. The project targets the chemical and fertiliser sectors as end…
NHPC and GGGI join forces to promote clean energy
NHPC Limited has signed a Memorandum of Understanding (MoU) with the Global Green Growth Institute (GGGI) to collaborate on advancing clean energy solutions, including agrivoltaics, green hydrogen, and sustainable financing. The partnership aims to address climate challenges and accelerate India’s low-carbon transition by integrating renewable energy with agriculture, developing green hydrogen projects, and boosting investments…
NTPC to expand capacity to 130 GW by 2032
NTPC aims to increase its installed capacity from 76 GW to 130 GW by 2032, presenting significant growth prospects for micro, small, and medium enterprises (MSMEs). The company’s procurement value is expected to rise from Rs 190.75 billion in FY24 to Rs 325 billion by 2032, with MSMEs contributing over 52 per cent of FY24…
Coal India wins 750 MWh BESS project in Telangana
Coal India Limited (CIL) has received a Letter of Award (LOA) from Telangana Power Generation Corporation Limited (TSGENCO) for setting up a 750 MWh battery energy storage system (BESS) at Choutuppal. The project has a power capacity of 187.5 MW with four hours of storage. It is estimated to cost Rs 1,057.09 crore and has…
- India | Generation | News
NTPC and MAHAGENCO to acquire Simar Thermal Power project
A consortium of NTPC Limited and Maharashtra State Power Generation Company Ltd has secured approval from the National Company Law Tribunal in Delhi to take over Simar Thermal Power Limited, which is undergoing insolvency proceedings. NTPC confirmed the order in a regulatory filing on November 28, 2025. The acquisition centers on STPL’s 1350 MW coal…
