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PVUNL to commission Phase-1 power units by December 2025
Patratu Vidyut Utpadan Nigam (PVUNL), a joint venture of NTPC and Jharkhand Bijli Vitran Nigam (JBVNL), will commission its Phase-1 power units by December 2025. Located in Ramgarh district, Phase-I consists of three 800 MW units, collectively generating 2,400 MW. The first unit is set to begin operations in January 2025, followed by the second…
India | Generation | NewsNCLT approves merger of nine Adani Power subsidiaries
The National Company Law Tribunal (NCLT), Ahmedabad Bench, has approved the Scheme of Amalgamation of nine wholly-owned subsidiaries with Adani Power Limited, the country’s largest private power producer. The order was pronounced on August 4, 2026, and uploaded on the NCLT website on August 5, 2026. The scheme covers the merger of Adani Power Dahej…
Waaree subsidiary plans 16 GWh battery gigafactory in Andhra Pradesh
Waaree Energy Storage Solutions Private Limited, a wholly owned subsidiary of Waaree Energies Limited, is in discussions with the Government of Andhra Pradesh to set up an integrated lithium-ion battery gigafactory with a proposed investment of about Rs 8,175 crore. The facility is proposed at Rambilli in Anakapalli district and is planned with a manufacturing…
BHEL wins Rs 2,800 crore syngas purification plant order in Odisha
Bharat Heavy Electricals Limited (BHEL) has received a Letter of Acceptance (LoA) for a contract valued at approximately Rs 2,800 crore from Bharat Coal Gasification and Chemicals Limited (BCGCL). The order is for a syngas purification plant for a coal-to-ammonium nitrate project in Odisha. The contract was awarded on February 10, 2026. It covers the…
ARYA secures Rs 1 billion to develop CBG projects with IOCL and BPCL
ARYA, a subsidiary of GPS Renewables, has raised Rs 1 billion in mezzanine financing as part of a Rs 2 billion funding round aimed at establishing compressed biogas (CBG) projects in collaboration with Indian Oil Corporation Limited (IOCL) and Bharat Petroleum Corporation Limited (BPCL). The financing was provided by InCred Opportunities Fund and Spark Capital,…
Cabinet clears investment flexibility for NLCIL and NTPC
The Cabinet Committee on Economic Affairs (CCEA) has approved key exemptions and enhanced investment powers for NLC India Limited (NLCIL) and NTPC Limited to accelerate renewable energy capacity addition. NLCIL has been granted exemption from existing Navratna CPSE investment limits, enabling it to invest Rs 7,000 crore in its wholly owned subsidiary, NLC India Renewables…
