India’s power sector presents a Rs 40 trillion investment opportunity over the next decade, driven by rising demand, infrastructure upgrades, and a shift to clean energy, Motilal Oswal said. Key
JSW Energy has successfully synchronized Unit 2 of the Utkal Thermal Power Plant, increasing its operational capacity to 3,858 MW. Acquired in December 2022, the plant’s full 700 MW capacity
Continue readingJSW Energy synchronises Unit 2 of Utkal thermal plant in Odisha
Uttar Pradesh Power Corporation is seeking consultants and advisers to facilitate the privatisation or public-private partnership of two loss-making discoms, Dakshinanchal Vidyut Vitran Nigam Ltd and Purvanchal Vidyut Vitran Nigam
Continue readingUttar Pradesh discoms head for privatisation: Consultants to shape new PPP model
JSW Energy has acquired the bankrupt KSK Mahanadi Power Company for ₹15,985 crore, outbidding Adani Power and NTPC. The acquisition includes a 3,600 MW thermal power plant in Chhattisgarh. This
Continue readingJSW Energy bags KSK Mahanadi for Rs 15,985 cr
JSW Energy has successfully applied to acquire KSK Mahanadi Power Company’s 3,600 MW thermal power plants under insolvency proceedings. The deal is pending regulatory approval. Currently, 1,800 MW is operational,
Continue readingJSW Energy gets letter of intent to acquire 3.6 GW KSK Mahanadi thermal plant
Uttar Pradesh aims to privatise two of its power distribution companies to address power losses and outdated infrastructure. The state invites private investments for Dakshinanchal Vidyut Vitran Nigam and Purvanchal
Continue readingIndia's most populous state looks to privatise two power distribution firms
The VVER-1000 reactor vessel for the sixth unit of India’s Kudankulam NPP is en route to the construction site. Produced by Atommash, the vessel is traveling to India via sea.
Continue readingRosatom ships reactor vessel for Kudankulam NPP Unit 6 to India
Adani Group chairman Gautam Adani met Chhattisgarh Chief Minister Vishnu Deo Sai on Sunday and announced an investment of ?60,000 crore to expand the group’s power plants in Raipur, Korba
Continue readingAdani Group to invest Rs 65K crore in Chhattisgarh projects
NCLAT has upheld NCLT’s decision to begin insolvency proceedings against Indrajit Power, rejecting director Rajiv Munjal’s appeal to stay the process. Yes Bank claims a default of Rs 331.41 crore.
Continue readingNCLAT dismisses appeal to stay insolvency proceedings against Indrajit Power
PFC Consulting transferred a project special purpose vehicle (SPV), Kudankulam ISTS Transmission Ltd, to Power Grid Corporation of India Ltd for Rs 7.43 crore. This transfer was completed on January
Continue readingPFC Consulting transfers Kudankulam project SPV to PGCIL