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IEA says nuclear power enters revival phase with 70GW under construction
Fatih Birol, executive director of the International Energy Agency (IEA), said “nuclear is back” during his keynote at the World Nuclear Exhibition in Paris. He cited IEA data showing 2025 nuclear generation at its highest level and 70GW of new construction under way. The IEA report, commissioned in June 2024, finds 40 nuclear newcomer nations…
Union Cabinet approves National Critical Mineral Mission
The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, has approved the launch of the National Critical Mineral Mission (NCMM) with an expenditure of Rs 163 billion and an expected investment of Rs 180 billion from PSUs and other stakeholders. Aligned with the Atmanirbhar Bharat initiative, the mission aims to strengthen India’s self-reliance in…
Waaree Renewable revises solar project capacity and order value
Waaree Renewable Technologies Limited has informed the stock exchanges of a revision to the capacity and value of a previously announced solar project. The disclosure was made through a regulatory filing dated 8 January 2026. The revision relates to a project award first disclosed on 9 September 2025. The company stated that it has received…
KPI Green sets up new SPV for renewable energy projects
KPI Green Energy Limited has incorporated a new special purpose vehicle (SPV), KPIN Clean Power Two LLP, on June 28, 2025. The SPV has been formed to implement renewable energy (RE) projects across India. The new entity will be involved in generating, developing, transmitting, and supplying power using solar, wind, or other renewable sources. It…
WBERC clears WBSETCL capex for JSW Salboni transmission link
The West Bengal Electricity Regulatory Commission (WBERC) has granted in principle approval for capital expenditure of Rs 49,600.04 lakh, about Rs 496 crore, to West Bengal State Electricity Transmission Company Limited (WBSETCL) for transmission schemes linked to the upcoming JSW Salboni Thermal Power Plant. The order, dated April 2, 2026, covers the first phase of…
IREDA raises Rs 4.53 billion through second perpetual bond issue
The Indian Renewable Energy Development Agency (IREDA) has mobilised Rs 4.53 billion through its second perpetual bond issue at a coupon rate of 7.70 percent per annum. The issue received bids worth Rs 13.43 billion against the base size of Rs 1 billion and a green shoe option of Rs 4 billion, resulting in an…
