Evonith Steel acquires 85 MW IPPL power plant via IBC route Nagpur-based Evonith Steel has acquired Wardha-based Indrajit Power Pvt Ltd (IPPL), an 85 MW coal-based power producer, for Rs 232 crore through the Insolvency and Bankruptcy Code (IBC) process. The National Company Law Tribunal (NCLT) approved the acquisition on April 20. The plant is…
APTEL quashes MSEDCL’s 2,000 MW BESS bidding process The Appellate Tribunal for Electricity (APTEL) has set aside the Maharashtra Electricity Regulatory Commission’s (MERC) order dated March 6, 2026, which had adopted a tariff of Rs 1,65,998 per MW per month for a 2,000 MW / 4,000 MWh Battery Energy Storage System (BESS) project. The Tribunal…
CG Power commissions new EHV switchgear plant in Nashik CG Power and Industrial Solutions Limited has commissioned a new extra high-voltage (EHV) switchgear manufacturing facility at Pimpalgaon Garudeshwar in Nashik, Maharashtra, as part of its capacity expansion strategy. The new plant, designated S3 Unit-II, will manufacture EHV circuit breakers in the 33kV to 245kV range…
EAC backs thermal power expansions worth over Rs 29,000 crore The Expert Appraisal Committee (EAC) for Thermal Power projects has recommended environmental clearance for thermal power expansion projects in Chhattisgarh and Odisha involving a combined proposed investment of more than Rs 29,000 crore. The projects will add 2,920 MW of generation capacity through ultra-supercritical units….
PFC appoints V. Packirisamy as Director (Commercial) Power Finance Corporation Limited (PFC) has announced that Shri V. Packirisamy has taken charge as Director (Commercial) on its Board with effect from June 2, 2026. Shri Packirisamy will continue in the role until his superannuation or until further orders, whichever is earlier. He has been associated with…
PFC subsidiary PFC Projects struck off by MCA Power Finance Corporation Limited (PFC) has informed the stock exchanges that its wholly owned subsidiary, PFC Projects Limited (PPL), has been struck off from the Register of Companies by the Registrar of Companies (RoC), effective June 1, 2026. The action was taken under Section 248 of the…
NTPC commissions additional 34.4 MW at Ramagundam solar project NTPC Limited has declared the commercial operation of the second part capacity of 34.4 MW from its 176 MW Solar Photovoltaic (PV) Project at Ramagundam, Telangana, with effect from 00:00 hours on June 1, 2026. Following the latest commissioning, NTPC’s total installed capacity at the group…
NHPC commences construction of 260 MW Dulhasti Stage-II project NHPC Limited has commenced construction activities for the 260 MW Dulhasti Stage-II Project in Jammu & Kashmir. Shri Sanjay Kumar Singh, Director (Projects), NHPC, inaugurated the works on May 27, 2026 by taking the first blast for the Adit to Head Race Tunnel (HRT). The project…
Adani’s Panaura pumped storage project gets EAC nod in Uttar Pradesh The Expert Appraisal Committee (EAC) under the Ministry of Environment, Forest and Climate Change (MoEF&CC) has recommended Environmental Clearance (EC) for Adani Hydro Energy Five Limited’s 1,500 MW Panaura Closed Loop Pumped Storage Project in Sonbhadra district, Uttar Pradesh. The project, estimated at Rs…
Ladakh extends ONGC pact for India’s first geothermal power project Ladakh Lieutenant Governor Vinai Kumar Saxena has approved a five-year extension of the agreement for the proposed geothermal power project in the Puga Valley. The project is being developed by Oil and Natural Gas Corporation (ONGC) in eastern Ladakh at an altitude of more than…