Oil India signs collaboration framework with Canada’s PTRC Oil India Limited (OIL) has signed a collaboration framework with the Petroleum Technology Research Centre (PTRC), a not-for-profit energy research company of the Province of Saskatchewan, Canada. The agreement was signed on the sidelines of the Global Energy Show 2026 on June 10 at Calgary. The collaboration…
Hitachi Energy India to invest Rs 2,000 crore in Gujarat transformer plant Hitachi Energy India Limited has announced an investment of around Rs 2,000 crore to establish a new large power transformer (LPT) manufacturing facility at Karjan in Vadodara, Gujarat. The facility, scheduled for completion in FY28, will manufacture transformers for high-voltage transmission systems, High…
BHEL receives LNTP for 800 MW Durgapur thermal project Bharat Heavy Electricals Limited (BHEL) has received a Limited Notice to Proceed (LNTP) from Damodar Valley Corporation (DVC) for the main plant package of the 1×800 MW Durgapur supercritical thermal power station. The LNTP enables BHEL to begin advance engineering activities and place orders for critical…
MoD approves 250 MW solar-plus-storage project in Sitapur Defence Minister Rajnath Singh has approved a 250 MW Solar Power Project with Battery Energy Storage System (BESS) at Sitapur (Ex-Cantonment), Uttar Pradesh, on around 850 acres of vacant defence land. NTPC Renewable Energy Limited (NTPC REL) will develop the project through a competitive bid process in…
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…