Govt retains 14 pc rise in capital investment of Rs 67,000 cr by 8 power PSUs in FY25

The government has announced a significant increase in capital investments by eight state-owned power companies for the upcoming fiscal year. Various companies like Power Grid Corporation, NTPC Ltd, and NHPC…

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Budget 2024: Did you miss the ‘nuclear option’ in the budget?

Nirmala Sitharaman announced Bharat Small Reactors aiming for 500 GW renewable energy by 2031. These 300 MW, factory-built reactors, adding 15,700 MW, are cost-effective, safer, and generate less waste. This…

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Budget proposes 800-MW power plant based on advanced ultra super critical tech

The Union Budget for FY25 proposes an 800-MW advanced ultra supercritical power plant via a joint venture between NTPC Ltd and Bharat Heavy Electricals Ltd. The government will provide fiscal…

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Budget 2024: Nuclear energy to drive India’s Viksit Bharat’s new power mix

India’s Union Budget 2024-25 sets the stage for a sustainable energy transformation. Key initiatives include partnerships for nuclear energy advancements, the PM Surya Ghar Muft Bijli Yojana for household solar…

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Budget announces support for 800 MW Advanced Ultra Supercritical coal based power plant

The 2024-25 Union Budget announced support for 800 MW coal-based power plants using Advanced Ultra Supercritical (AUSC) technology. Finance Minister Nirmala Sitharaman stated that indigenous AUSC technology is ready, with…

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Coal likely to remain backbone of country’s energy system for next two decades: Eco Survey

The Economic Survey 2023-24 highlights coal's continued dominance in India's energy system for the next two decades, with phase-down dependent on importing critical minerals for clean energy. Emphasizing carbon capture…

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Toshiba to invest Rs 500 crore to increase production capacity of power transmission

Toshiba Transmission & Distribution Systems India will invest Rs 500 crore over three years to expand transformer capacity by 1.5 times and meet global demand. Enhancements include the CRGO facility…

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Union Power Minister Manohar Lal Khattar calls on state govt’s to make improvements in the sector

Union Power Minister Manohar Lal Khattar has emphasized the critical significance of the power sector and urged state governments to enhance their power infrastructure to achieve self-sufficiency. Speaking to reporters,…

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DVC to be corporatised, divided into 3 entities keeping ownership intact

The Damodar Valley Corporation (DVC), India's first multipurpose river valley project, will be corporatised, unbundling into at least three entities for transmission, generation, and distribution to improve efficiency. Union Power…

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NCLT admits GVK Power & Infra with dues of Rs 18k cr to insolvency

ICICI Bank had petitioned the court in November 2020 to pursue the recovery of its $1.35 billion lent through its Dubai, Bahrain and Singapore branches along with 3 other lenders.…

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