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POWER SECTOR BIDDING
NLC India, Indian Oil Corporation partner up for large-scale green energy projectsState-run NLC India Limited (NLCIL) has partnered with Indian Oil Corporation Limited (IOC) to form a joint venture focused on developing l...- NARCL to expand beyond government guarantee modelIndia's state-backed bad bank, NARCL, is set to broaden its acquisition strategy, moving beyond government-guaranteed deals. This expansion...
- Slum Rehabilitation Authority identifies 18 more clusters across Mumbai region for redevelopmentThe Slum Rehabilitation Authority (SRA) has identified 18 more slum clusters across the Mumbai Metropolitan Region for redevelopment under ...
- PFC raises $300 million through five year dollar bondPower Finance Corp successfully raised $300 million in international bonds, marking India's second such issuance since the RBI's special sw...
- AI's hidden thirst: Why India must align AI and renewable energy policyIndia's AI ambitions face a critical water challenge, with data centre expansion demanding significant resources. While on-site cooling has...
- Power sector stocks regain momentum on rising electricity demand and strong investment cycleRising electricity demand and a strong investment cycle lift outlook for power companies.
- PM Modi to mark Paschimbanga Divas, lead Yoga Day events in KolkataPrime Minister Narendra Modi is set to inaugurate multiple development projects worth Rs 18,880 crore in West Bengal during his two-day vis...
- SBI, Axis Bank among lenders set for $2 billion ECB fundraising via RBI swapMajor Indian banks, including SBI, Axis Bank, and Bank of Baroda, alongside Power Finance Corporation, are set to raise over $2 billion fro...
- HDFC raises $750-m ECB, first under RBI's special swap planHDFC Bank has successfully raised $750 million in offshore bonds, marking the first to leverage the RBI's 1.5% fixed-rate swap for external...
- HAL, Tata, L&T among 10 firms in race for Rs 30,000 crore defence drone dealAround ten Indian companies have submitted bids for a major defence project. The Defence Ministry is acquiring 87 Medium-Altitude Long-Rang...
- Bid management firm ContraVault AI raises $3.1 million from Chiratae, Titan; eyes US expansionBid management firm ContraVault AI has secured $3.1 million in a funding round led by Chiratae Ventures. The startup will use the capital t...
- French spies drop AI giant Palantir over US overreliance fearsFrance is moving away from American AI technology for its intelligence services. The government announced it will stop using Palantir's dat...
- India sets transmission project deadlines to speed up renewable energy expansionIndia has introduced standardized timelines for power transmission projects to accelerate renewable energy integration. The Central Electri...
- Grid India seeks steering panel for market couplingGrid India suggests a steering committee for power market coupling. This body would include CERC, Grid India, and power exchanges. The move...
- Power finance cos turn to global markets for cheaper fundsIndian power and renewable energy firms are looking abroad for loans. The Reserve Bank of India's new dollar-rupee swap facility has made f...
- Adani Energy to buy IntelliSmart for ₹3,050 croreAdani Energy Solutions (AESL) is set to acquire smart metering company IntelliSmart Infrastructure for ₹3,050 crore, bolstering its positio...
- Defence Ministry clears 250 MW solar project with battery storage in Uttar Pradesh's SitapurThe Indian Defence Ministry has taken a pivotal step in renewable energy by sanctioning a 250 MW solar power project featuring integrated b...
- Adani Energy Solutions vs Power Grid Corp: Which stock is Jefferies betting on?Jefferies remains bullish on both Adani Energy Solutions and Power Grid Corp but sees significantly stronger growth in AESL, driven by tran...
- Andhra Cabinet gives nod to 34 proposals; boosts aviation, irrigation, industrial developmentThe Andhra Pradesh Cabinet approved 34 proposals, including a new aviation policy, organ transplantation law, and revised funding for the P...
- Experts highlight growing role of SMRs for defence manufacturing and data centre operationIndia's defense production and data center sectors face a critical power supply constraint. A recent policy dialogue highlighted Small Modu...
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