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Adani Power gets NCLT nod to acquire VIPL for Rs 40 billion

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Adani Power Limited has received approval from the National Company Law Tribunal (NCLT), Mumbai bench, to acquire Vidarbha Industries Power Limited (VIPL). The acquisition is valued at Rs 40 billion and is expected to close by July 17, 2025. Adani Power received the letter of intent (LoI) for the deal from the resolution professional on February 24, 2025. VIPL, a wholly owned subsidiary of Reliance Power Limited, developed the 600 MW Butibori Thermal Power Project…

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Centre clears 2,400 MW thermal power projects for Punjab

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The Ministry of Power (MoP) has approved the establishment of three new 800 MW thermal power plants (TPPs) in Punjab. The decision was announced on June 6, 2025, following a meeting of northern power ministers. The expansion adds up to 2,400 MW of fresh capacity. Two of the three units will be located at the existing Ropar thermal power site. Punjab had earlier requested an increase in capacity at Ropar, citing its access to domestic…

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PM inaugurates unit-1 of Ghatampur thermal power project in Uttar Pradesh

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The Prime Minister has inaugurated unit-1 (660 MW) of the 1,980 MW Ghatampur thermal power project located in Kanpur Nagar, Uttar Pradesh. The project is being developed by Neyveli Uttar Pradesh Power Limited (NUPPL), a joint venture of NLC India Limited (51%) and Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) (49%). The total estimated cost of the plant is Rs 217.81 billion. The remaining two units of 660 MW each are scheduled for commissioning…

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Foundation stone laid for NTPC’s Nabinagar power project in Bihar

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The Prime Minister has laid the foundation stone for Stage-II of the Nabinagar Super Thermal Power Project in Aurangabad, Bihar. The expansion involves setting up 3×800 MW ultra-supercritical units, adding 2,400 MW to the existing capacity. The project is being developed by NTPC Limited at an estimated cost of Rs 299.48 billion. It will use ultra-supercritical technology and include a dry bottom ash handling system and air-cooled condenser to reduce freshwater consumption. Electricity from the…

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NLC approves JV with RRVUNL for Gurha thermal power project

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The Board of Directors of NLC India Limited has approved forming a joint venture (JV) with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) to develop the Gurha Thermal Power Project. The decision was made on May 19, 2025. The JV will have a 74:26 equity split between NLC India and RRVUNL. It will be responsible for establishing, maintaining, and operating the 3×125 MW thermal power project. The proposed project will be located at Gurha in…

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Venus Pipes secures contract for boiler tubes in thermal projects

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Venus Pipes & Tubes Limited received a Letter of Intent (LoI) worth Rs 1,900 million on May 8, 2025, for the supply of stainless steel seamless boiler tubes. These will be used in a series of supercritical and subcritical thermal power projects. The execution period for the project is estimated to be 12 to 15 months. Venus Pipes is an Indian manufacturer and exporter of stainless steel pipes and tubes. Established in 2015, the company…

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CERC proposes payment for infirm power from thermal plants before trial run

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The Central Electricity Regulatory Commission (CERC) has issued the draft Deviation Settlement Mechanism and Related Matters (Second Amendment) Regulations, 2025, proposing limited payments for infirm power injected by thermal generating stations before trial runs. Currently, under the DSM Regulations, 2024, no payments are made for infirm power unless scheduled after a successful trial run. Thermal generators raised concerns about unrecovered fuel costs during mandatory testing. The Ministry of Power also called for a review of…

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Adani Power to supply 1,500 MW to Uttar Pradesh from 2030

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Adani Power Limited (APL) has secured a contract to supply 1,500 MW of thermal power to Uttar Pradesh Power Corporation Limited (UPPCL). The supply will come from the upcoming Mirzapur Thermal Power Project in Uttar Pradesh. UPPCL had invited bids for this contract in March 2024. APL emerged as the selected bidder through a tariff-based competitive bidding (TBCB) process. The Uttar Pradesh Cabinet has approved the signing of a power purchase agreement (PPA) between APL…

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Cabinet approves revised SHAKTI policy

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The Cabinet Committee on Economic Affairs (CCEA) has approved the revised SHAKTI (Scheme for Harnessing and Allocating Koyala Transparently in India) policy to streamline coal allocation for thermal power plants across central, state, and private sectors. The revised policy introduces two simplified categories for coal linkages—Window-I and Window-II. Window-I allows central and state government-owned power generators, including joint ventures and subsidiaries, to receive coal at notified prices under the existing allocation mechanism. Window-II opens coal…

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Assam Cabinet approves for grid upgrade and new thermal policy

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The Cabinet of Assam has approved the release of Rs 2.44 billion for land acquisition to upgrade the 220 kV grid substation of Assam Electricity Grid Corporation Limited (AEGCL) at Sarusajai in Guwahati. This move is part of Assam’s effort to strengthen its transmission infrastructure and support growing industrial demand. The substation renovation is expected to improve grid reliability and accommodate future load growth in the region. In a parallel decision, the Cabinet approved a…