The Government of Telangana has inaugurated Unit 2 of the Damaracherla (Yadadri) Power Project.
The project, being implemented by Telangana State Power Generation Corporation Limited (TSGENCO), is located at Damaracherla (Yadadri) mandal in Nalgonda district. With an investment of Rs 299.65 billion, the project will feature five units, each with a capacity of 800 MW. Â
Zimbabwe’s industrial power users, represented by the Intensive Energy User Group (IEUG), have secured $250 million in financing from the African Export-Import Bank (Afreximbank) to develop a floating solar project at Kariba Dam. The project, which will have an initial 250MW capacity, is expected to be completed by mid-2026, with plans to expand to 1GW…
Thermax Babcock & Wilcox Energy Solutions Limited (TBWES), a wholly owned subsidiary of Thermax Limited, has secured a boiler package supply order worth about Rs 1,600 crore. The order is from a thermal power projects company in Central India for a 1×800 MW ultra-supercritical thermal power plant. Scope and execution The contract covers manufacturing, supply,…
Power Grid Corporation of India Limited (PGCIL) has awarded multiple contracts for transmission projects in Rajasthan and Uttar Pradesh. Vikran Engineering & Exim Private Limited secured a contract worth Rs 825.54 million for the 400 kV AIS substation package SS-134 under the Transmission System for Evacuation of Power from Renewable Energy Zones (REZ) in Rajasthan…
India’s Union Cabinet has approved an amendment to Press Note 3 of 2020, which requires government approval for investments from countries sharing a land border with India. The revision introduces a 10% beneficial ownership threshold below which investors from these countries can invest through the automatic route without prior clearance. For the power sector, the…
Reliance Industries Limited (RIL) has commissioned its first solar photovoltaic (PV) module manufacturing line at its 5,000-acre site in Jamnagar, Gujarat. Work is progressing on battery storage and hydrogen production facilities. The initial solar module capacity is 10 GW per year, expandable to 20 GW. A 1 GW heterojunction (HJT) solar module line is operational,…
Gensol Engineering Limited has incorporated three new subsidiaries: Innogrid Energy Private Limited, Hari Shakti Energy, and Shakti Sangini Energy Private Limited. Gensol has subscribed to 10,000 equity shares in each subsidiary, representing 100 percent of their total share capital, with an investment of Rs 100,000 per company. These subsidiaries are now wholly-owned by Gensol Engineering.