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AERB clears equipment installation at Tamil Nadu's Kudankulam Nuclear Power Project Units 5 and 6
A significant milestone has been achieved at the Kudankulam Nuclear Power Project. The Atomic Energy Regulatory Board has approved the erection of major equipment for Units 5 and 6. This development brings India's nuclear energy program closer to expanding its clean and reliable power generation capacity. The approval follows extensive safety reviews, ensuring compliance with national and international standards.
ReNew to set up 6.5 GW solar facility in Andhra Pradesh with investment of Rs 4,500 crore
ReNew Energy is building a major solar manufacturing plant in Andhra Pradesh. The facility will produce solar ingots and wafers. This project represents a significant investment and will create many jobs. It is part of ReNew's larger commitment to the state. The plant is expected to be operational within two years. This development strengthens India's clean energy sector.
Vijay Kedia buys 44 lakh shares of this smallcap company in March, stock rallies 9% today. Do you own?
Websol Energy Systems shares surged after investor Vijay Kedia emerged in its latest shareholding data with over 1% stake. The development boosted sentiment, driving strong short-term gains. The company also plans to consider a dividend, while long-term stock performance remains volatile despite significant multiyear returns in recent years.
Amara Raja plans to begin bulk production of EV cells in 2027
India is building a lithium-ion cell manufacturing ecosystem. EV makers should anticipate a price premium on locally produced cells in the near future. Companies like Amara Raja and Tata Group's Agratas are investing heavily. Bulk production is expected to commence around 2027. This development aims to support the growing electric vehicle and energy storage sectors.
L&T targets nuclear energy, expects 3x revenues in 5 years
"L&T has been associated with India's nuclear programme since its inception and has supported technology development, manufacturing and localisation," Anil V Parab, whole-time director and senior executive vice president, heavy engineering & manufacturing, told ET. "We will continue to support the government's push to scale nuclear capacity from about 8.8 GW currently to 100 GW by 2047."
Despite price recovery, Tata Steel postpones UK breakeven by another 12 months amid rising costs
The development underscores Tata Steel’s delicate balancing act in the UK, where it has struggled with structurally higher costs, including energy and logistics, even as market conditions begin to improve.
NTPC signs pact with Octopus Energy to expand global energy play
As per an exchange filing, the agreement establishes a non-binding framework for cooperation aimed at identifying, assessing and pursuing opportunities in electricity distribution and retail, renewable energy and storage, electric vehicle charging infrastructure, digital energy platforms, innovation, research and development, and capacity building.
India advances Sustainable Development Goals with clean energy, sanitation, and inclusive growth
India stands at the forefront of sustainable development innovation. Noteworthy achievements include the complete eradication of open defecation in districts and the implementation of gender-segregated toilets in educational institutions, enhancing public health. Waste management has seen a transformation, with smart cities processing over 70% of their waste through advanced methods.
Cabinet approves Rs 2,585 crore Small Hydro Power Development Scheme
The Union Cabinet has approved a Rs 2,585 crore scheme to boost small hydro power development. This initiative aims to add 1,500 MW of renewable capacity by 2030-31. Projects will be run-of-river, avoiding dams and displacement. The scheme is expected to attract Rs 15,000 crore in investment, creating clean energy and boosting the nation's renewable capacity.
KPI Green Energy secures Rs 949 cr sanction from Canara Bank
KPI Green Energy has secured a sanction of Rs 931 crore from Canara Bank in the form of a Fresh Rupee Term Loan and Rs 48 crore in the form of a Bank Guarantee, to finance the development of its 150 MW wind power project in Gujarat.
Ola Electric plans Rs 2,000 cr fundraise for battery arm
Ola Electric is raising up to Rs 2,000 crore by selling a stake in its battery unit, Ola Cell Technologies. This move aims to strengthen its finances and restructure operations. The company's battery plant in Tamil Nadu is set to expand its capacity. This development is crucial for India's domestic EV supply chain and energy storage solutions.
India imported over 18,800 MT of uranium for reactors between 2008-25: Govt
Between 2008 and 2025, India embarked on a journey of nuclear energy expansion, importing significant amounts of uranium for its reactors. This development has catapulted nuclear power generation to new heights. The nation aspires to achieve a formidable 100 GW of nuclear capacity, showcasing projects in progress as well as innovative future plans that incorporate both domestic and global technologies.