NTPC has approved investments totaling around Rs 80,000 crore for three thermal power projects with a combined capacity of 6,400 megawatts (MW). The board’s approvals cover three projects. The Telangana Super Thermal Power Project, Phase-II, which will have a capacity of 3×800 MW, is set to receive an investment of approximately Rs 29,344.85 crore. The […]
Hindustan Petroleum Corporation Ltd’s (HPCL) research division, HP Green R&D Centre (HPGRDC), has partnered with Engineers India Ltd (EIL) to commercialize HPGRDC’s hydrogen pressure swing adsorption (HP-PSA) technology in India. In this collaboration, HPCL will serve as the technology licensor, while EIL will manage engineering and commercialization within the country. The HP-PSA technology, designed to […]
Larsen & Toubro (L&T) is close to completing a Rs 2,000 crore data centre in Sriperumbudur, Kanchipuram, Tamil Nadu, part of a phased plan to reach 90 MW of capacity within five years. Initial testing of the 12 MW facility is underway, and L&T expects to scale it to 30 MW in the near term. […]
NTPC Ltd. and Rajasthan Rajya Vidyut Utpadan Nigam Ltd. (RVUNL) have formalized a 50:50 joint venture to co-own and manage the Chhabra Thermal Power Plant, a 2,320 MW coal-based facility in Rajasthan. Under the new agreement, NTPC will hold management control of the plant, while both entities will participate equally in appointing directors. The joint […]
Tata Power has announced an investment of ₹550 crore (approximately $66 million) to develop and manage renewable energy and infrastructure at Noida International Airport (NIA). The agreement, structured around two Power Purchase Agreements (PPAs) for wind and solar power, was signed in New Delhi by representatives from both organizations, including Sanjay Banga, President of Transmission […]
Gensol Engineering Ltd. announced that its order book for engineering, procurement, and construction (EPC) services in the solar sector has reached Rs 5,424 crore as of October 31, 2024. The company stated that these projects include work for both Public Sector Undertakings (PSUs) and private sector clients, with completion expected within the next 12 to […]
Andhra Pradesh has announced the development of an industrial corridor in Krishna district, with a focus on improving infrastructure to support regional economic growth and job creation. The project, located on 1,122 acres in Mallavali village, includes a ₹14.23 crore investment for road improvements, which are expected to facilitate connectivity for businesses and residents. The […]
Gensol Engineering Limited has been awarded a contract valued at Rs 780 crore from a public utility in Maharashtra to develop a 150 MWac ground-mounted solar photovoltaic (PV) power plant. The project will be completed within 15 months and includes full engineering, procurement, and construction (EPC) services. The agreement covers all phases of the project, […]
Allison Transmission has announced a $100 million (Rs 833 crore) investment to expand its manufacturing facility in Chennai, India. The multi-year project will add 200,000 square feet to the facility, doubling its current production footprint. The expansion is scheduled to complete in 2025, with full operational capacity expected by 2027. The increased capacity will support […]
Haier Group has submitted a proposal to establish a joint venture with India’s JSW Group, involving an investment of approximately Rs 1,000 crore. The application, filed with the Indian government, is under review by an inter-ministerial committee led by the Home Secretary, in accordance with Press Note 3 of 2020, which requires government approval for […]
