The Ministry of Power has notified the implementation of decriminalisation provisions under the Jan Vishwas (Amendment of Provisions) Act, 2026, with effect from June 1, 2026. The Act provides for decriminalisation of certain provisions under […]
The Ministry of New and Renewable Energy (MNRE) has issued an expression of interest (EoI) for a market assessment exercise on artificial intelligence (AI)-based retrieval augmented generation (RAG) systems. The initiative aims to explore advanced […]
The Committee of Directors on Investment on Projects of Power Grid Corporation of India Limited (POWERGRID) has approved three projects with a total estimated cost of Rs 5.84 billion under the regulated tariff mechanism (RTM) […]
The Ministry of Coal has announced commencement of coal production from the Urtan and Dhirauli coal mines in Madhya Pradesh. The Urtan coal mine in Anuppur district has been allocated to JMS Mining Private Limited […]
India has signed multiple agreements with Norway and Netherlands in areas related to clean energy, technology and sustainability. India and Norway have signed five agreements covering clean energy, offshore wind, sustainability, geosciences and academic collaboration. […]
The Expenditure Finance Committee under the Ministry of Finance has approved a Rs 55 billion scheme to support floating solar projects integrated with battery energy storage systems (BESS). The proposed scheme aims to incentivise the […]
The Board of Indian Oil Corporation Limited has approved the formation of a 50:50 joint venture (JV) company with M11 Energy Transition Private Limited. The JV will be set up to develop a 100 kilo […]
The board of directors of Power Finance Corporation Limited (PFC) has approved a proposal for the merger of REC Limited with PFC and authorised its chairman and managing director to seek approval from the President […]
The central government has approved the proposal for listing of Mahanadi Coalfields Limited (MCL) through a combination of fresh equity issuance and stake sale by Coal India Limited (CIL). Under the approved proposal, CIL may […]
NTPC Green Energy Limited (NGEL) has commissioned an additional 62.5 MW solar power capacity in Rajasthan through two project companies under its joint venture with Oil and Natural Gas Corporation. The company declared commercial operation […]
The Solar Energy Corporation of India Limited (SECI) has awarded a 10 MW grid-connected solar power project in Odisha to BNC Power Projects through a competitive bidding process. The company emerged as the successful bidder […]
The Central Mine Planning & Design Institute Limited (CMPDIL) has signed a memorandum of understanding (MoU) with Mineral Exploration and Consultancy Limited (MECL) at Ranchi, Jharkhand. The agreement aims to strengthen cooperation between the two […]
SJVN Limited has reported a net profit of Rs 6.42 billion for 2025-26, registering a decrease of around 22 per cent from Rs 8.18 billion in the previous year. The company’s total income stood at […]
The Union Cabinet has approved a scheme with a financial outlay of Rs 375 billion for promotion of surface coal and lignite gasification projects selected through a competitive bidding process. Under the scheme, around 75 […]
NLC India Limited has reported a net profit of Rs 37.69 billion for 2025-26, registering an increase of around 39 per cent from Rs 27.14 billion in the previous year. The company’s total income stood […]
The Supreme Court of India has ruled that Indian Railways is liable to pay cross-subsidy surcharge and additional surcharge to distribution companies. The court held that Railways cannot claim the status of a deemed distribution […]
The Competition Commission of India (CCI) has approved the acquisition of 100 per cent share capital and control of GVK Energy Limited by Adani Power Limited. The proposed transaction is being undertaken through the corporate […]
Power Finance Corporation Limited (PFC) has reported a net profit of Rs 336.25 billion for 2025-26, registering an increase of around 10 per cent from Rs 305.14 billion in the previous year. The company’s total […]
PFC Consulting Limited (PFCCL) has incorporated Fatehgarh II Transmission Limited as a wholly-owned special purpose vehicle (SPV) for implementation of a transmission project through the tariff based competitive bidding route. The project involves installation of […]
PFC Consulting Limited (PFCCL) has incorporated two wholly-owned special purpose vehicles (SPVs) for implementation of intra-state transmission projects in Maharashtra. These are Western Ghats PSP Transmission Limited for establishment of a 400 kV gas insulated […]
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