Patel Engineering in a joint venture has emerged as the L1 bidder for the INR 3,637.12 crores Dibang Multipurpose Project in Arunachal Pradesh. The infrastructure and construction services company prevailed in an auction held by National Hydroelectric Power Corporation (NHPC). The Dibang Multipurpose Project is a 2.88GW hydropower project and flood moderation scheme planned to […]
American multinational conglomerate General Electric (GE) will refurbish two hydropower units (9 & 10) at the Mangla Hydropower Plant situated on the Jhelum River in Pakistan. The financial terms of the contract were not disclosed. The refurbishment of the 50-year-old hydropower plant in Pakistan is expected to enhance the lifetime, efficiency, and capacity of the […]
NHPC Limited said that it has secured pre-investment approval for the proposed 1.85GW Sawalkot hydroelectric project in Jammu and Kashmir for an amount of INR 973 crores. The approval was given by the Indian Ministry of Power. The Sawalkot hydroelectric project, which is a run-of-the-river project will be built on the Chenab River by NHPC […]
NHPC Limited, an Indian government enterprise, is set to form a subsidiary company for developing renewable energy, small hydro, and green hydrogen projects. The hydropower company said that its board of directors has sanctioned the proposal of incorporating a fully-owned subsidiary company for the energy projects, subject to the approval of the Indian government. NHPC […]
Larsen & Toubro (L&T) has agreed to sell its 100% stake in the 99MW Singoli Bhatwari hydroelectric project in Uttarakhand to Renew Power Private Limited for INR 985 crores. The run of the river hydroelectric power plant is owned by Larsen & Toubro’s subsidiary L&T Uttaranchal Hydropower Limited (LTUHPL). Its acquirer will be Renew Power’s […]
Satluj Jal Vidyut Nigam (SJVN) has inked a memorandum of understanding (MoU) with Investment Board Nepal for developing the 679MW Lower Arun Hydroelectric Project in the Himalayan nation. The company is a joint venture of the Indian government and Himachal Pradesh government, which is specialized in hydroelectric power generation. The Lower Arun Hydroelectric Project is […]
Sarda Energy & Minerals has secured clearance for starting commercial operations of unit 1 of the 113MW Rongnichu hydro electric plant in Sikkim, India. The clearance was granted to the company’s subsidiary – Madhya Bharat Power Corporation Limited for the 56.5MW unit under Central Electricity Regulatory Commission (Indian Electricity Grid Code) Regulations, 2016. It comes […]
NHPC Limited has inked a memorandum of understanding (MoU) with the Bihar State Hydroelectric Power Corporation Limited (BSHPCL) for executing the 130.1MW Dagmara hydroelectric project by the former on an ownership basis. The Dagmara hydroelectric project will be built along River Kosi in Supaul district with an investment of INR 24.35 billion ($330 million). The […]
NHPC Limited said that it has incorporated a joint venture company called ‘Ratle Hydroelectric Power Corporation Limited with Jammu and Kashmir State Power Development Corporation Limited (JKSPDCL). The Indian state-owned hydropower generation company will have a stake of 51% in the joint venture, while JKSPDCL will own the remaining stake of 49%. Ratle Hydroelectric Power […]
NTPC said that its fully-owned subsidiary North Eastern Electric Power Corporation (NEEPCO) has commissioned Unit 4 of the 600MW Kameng Hydro Electric Project in Arunachal Pradesh. As a result, the INR 61.8 billion ($850 million) Kameng Hydro Electric Project is now fully commissioned with all the four Vertical Francis turbines having a capacity of 150MW […]