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The regulator has relaxed some provisions of the GNA Regulations providing developers with a 60-day window to choose one of the four options. View More
Power producers must surrender unused transmission rights or post higher bank guarantees to free up grid capacity View More
NTPC's board approved a Rs 20,456.70 crore investment for its Lara Super Thermal Power Project Stage-III. This significant project will add 1,600 MW capacity in Chhattisgarh state. Earlier, NTPC sought bids for technology solutions to enhance thermal unit flexibility. These solutions aim to improve integration of renewable energy sources. The company seeks to operate sub-critical thermal units more efficiently. View More
New Delhi: State-run power giant NTPC board has approved Rs 20,456.70-crore investment for 1,600 MW Lara Super Thermal Power Project Stage-III in Chhattisgarh. "The Board of Directors of NTPC Limited in its meeting held today, i.e. 11th July 2026 has, inter-alia, approved investment proposal for Lara Super Thermal Power Project, Stage-III (2x800 MW) at current estimated cost of Rs 20,456.70 crore," the company said in an exchange filing on Saturday. Also read: NITI Aayog begins consultations on implementing SHANTI Act On June 5, the NTPC had sought bids from technology solutions players to help its sub-critical thermal power units operate at lower load and ensure flexibility for the electricity distribution network to use both thermal and renewable energy more efficiently. The project will require providing technical support to sub-critical thermal units ranging between 150 MW and 250 MW, enabling them to operate in two shifts and at a minimum technical load of 25 per cent, NTPC had said in a statement. Live Events Sub-critical thermal units can offer greater flexibility compared to supercritical and ultra-supercritical technologies for certain grid-balancing requirements because of less parameter swings and hence low fatigue, NTPC had said, adding that their ability to operate efficiently at lower loads and adapt to frequent cycling makes them a potential enabler for higher renewable energy integration in the future. .Pbanner{display:flex;justify-content:space-between;align-items:center;background-color:#ec1c40;margin-top:20px;padding:5px 10px;border-radius:4px;color:#fff;line-height:10px;width: 100%;box-sizing: border-box} .Pbannertext{display:flex;align-items:center;font-size:16px;font-weight:600;font-family:'Montserrat';} .Pbannertext img{height:20px;margin:0 6px} .Pbannerbutton a{display:flex;align-items:center;background-color:#fff;color:#ec1c40;text-decoration:none;font-weight:600;padding:4px 8px;border-radius:6px;font-size:15px;font-family:'Montserrat';} .Pbannerbutton img{height:20px;margin-right:6px} .Pbannerbutton a:hover{background-color:#f7f7f7} Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times WhatsApp channel) (You can now subscribe to our Economic Times WhatsApp channel)
NITI Aayog convened a stakeholder consultation on the SHANTI Act 2025, with discussions focusing on legislative and regulatory frameworks for the landmark Act. Financial mechanisms and public perception were also key areas of deliberation. View More
New Delhi: NITI Aayog convened a Stakeholder Consultation on Implementation of the SHANTI Act 2025 at Samrasta Auditorium, Dr. Ambedkar International Centre, New Delhi. The consultation held on Friday brought together key leaders, policymakers and experts from the government, research institutions and industry to deliberate on the operational framework of the landmark Act. The stakeholder consultation was chaired by Prof. Abhay Karandikar (Member, NITI Aayog). Other prominent dignitaries included Pankaj Agrawal (Secretary, MoP), Sh. Ghanshyam Prasad (Chairperson, CEA), Gurdeep Singh (CMD, NTPC Ltd. ), Dr. Anshu Bharadwaj (Programme Director, NITI Aayog), Rajnath Ram (Adviser, NITI Aayog), Dr. Garima Sharma (Head, SSSD, DAE) and Hari Kumar (Distinguished Scientist and Director, AERB). Also read | SHANTI Act: The law ....may've started to show results The technical discussions were structured around three critical pillars vital to the Act's successful rollout: Live Events Legislative & Regulatory Framework: Deliberations focused on the SHANTI Act's draft rules, regulations and related FDI policy provisions, with the opening technical segment presenting the statutory compliance mechanisms under SHANTI Act, 2025 and highlighting how foreign capital can be attracted while safeguarding domestic interests. Finance, Insurance & Public Perception: Stakeholders examined the financial mechanisms and risk-mitigation frameworks needed to support the Act's implementation. The discussion also covered suitable insurance arrangements for long-term projects, along with strategies to strengthen public awareness, community trust and broader acceptance of nuclear energy projects. Manufacturing, Operations & Capacity Building: The focus was on the operationalization phase, with emphasis on strengthening domestic manufacturing capabilities, ensuring operational readiness and building a skilled workforce to sustain the ecosystem. Stakeholders also discussed enhancing supply chain resilience and designing dedicated capacity-building programmes to support industrial scaling and develop a highly competent human resource base. Also read | Nuclear power output to rise 44% in 10 years; India, China key drivers Stakeholders provided a range of views across all three critical areas, which will be useful in strengthening the implementation framework of the SHANTI Act, 2025. .Pbanner{display:flex;justify-content:space-between;align-items:center;background-color:#ec1c40;margin-top:20px;padding:5px 10px;border-radius:4px;color:#fff;line-height:10px;width: 100%;box-sizing: border-box} .Pbannertext{display:flex;align-items:center;font-size:16px;font-weight:600;font-family:'Montserrat';} .Pbannertext img{height:20px;margin:0 6px} .Pbannerbutton a{display:flex;align-items:center;background-color:#fff;color:#ec1c40;text-decoration:none;font-weight:600;padding:4px 8px;border-radius:6px;font-size:15px;font-family:'Montserrat';} .Pbannerbutton img{height:20px;margin-right:6px} .Pbannerbutton a:hover{background-color:#f7f7f7} Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times WhatsApp channel) (You can now subscribe to our Economic Times WhatsApp channel)
Hindustan Copper Limited is advancing positively on acquiring four Chilean copper blocks. Transaction advisors are studying data and regulatory issues are being examined. This move aims to secure critical raw materials for India's green energy transition. The company is bidding jointly with NTPC Mining and Coal India Limited. View More
New Delhi, State-run Hindustan Copper Ltd (HCL) on Friday said it was moving in a "positive direction" over the proposed takeover of four Chilean copper blocks from state-owned Codelco, with transaction advisors already appointed to study the data and regulatory issues being examined on both sides. The development assumes significance as India seeks to secure critical raw materials for its green-energy transition and reduce reliance on imports for copper used in electrification and electric vehicles . "The transaction advisors... are studying data and there are a lot of regulatory things not only this side but from that side as well... we are moving in the positive direction," Hindustan Copper Ltd (HCL) Chairman & Managing Director (CMD) Anupam Misra told reporters on the sidelines of Ficci conference on 'enhancing competitiveness of mining and metals'. About prospects for copper demand and supply , the CMD said it was "anybody's guess" and pointed to a persistent global gap between demand and supply. "There is always a gap between demand and supply not only here but everywhere. So we are very small contributor to the refining sector. Only 5 per cent of the concentrate goes for us so for us enough demand is there and as far as the LME is there it is supporting us so we are in good position," he said. Live Events Asked if the company was eyeing Navratna status, he said, "This is in the pipeline. Government takes its own time to do it." Mines Secretary Piyush Goyal had earlier said HCL is in the "final stages" of taking over four copper blocks from Chile's Codelco. HCL, he had said, had initially planned to bid for one block but, after assessing India's large copper requirement and limited domestic availability, the company decided to pursue four blocks in collaboration with other public sector undertakings. The copper major is bidding jointly for these blocks along with NTPC Mining and Coal India Ltd (CIL). Hindustan Copper is Mini-Ratna PSU under the administrative control of the mines ministry. HCL is the only company in the country engaged in copper ore mining and holds all the operating mining leases for copper ore in the country. .Pbanner{display:flex;justify-content:space-between;align-items:center;background-color:#ec1c40;margin-top:20px;padding:5px 10px;border-radius:4px;color:#fff;line-height:10px;width: 100%;box-sizing: border-box} .Pbannertext{display:flex;align-items:center;font-size:16px;font-weight:600;font-family:'Montserrat';} .Pbannertext img{height:20px;margin:0 6px} .Pbannerbutton a{display:flex;align-items:center;background-color:#fff;color:#ec1c40;text-decoration:none;font-weight:600;padding:4px 8px;border-radius:6px;font-size:15px;font-family:'Montserrat';} .Pbannerbutton img{height:20px;margin-right:6px} .Pbannerbutton a:hover{background-color:#f7f7f7} Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times WhatsApp channel) (You can now subscribe to our Economic Times WhatsApp channel)
India's largest power producer seeks overseas uranium mines for future nuclear capacity. NTPC plans to build thirty gigawatts of nuclear power over two decades. This move supports India's broader push to decarbonize its economy. The company is looking at assets in Canada, Australia, and Kazakhstan. This strategy addresses domestic fuel limitations and growing energy needs. View More
India’s largest power producer is seeking to invest in overseas uranium mines to secure supplies needed to fuel 30 gigawatts of nuclear power capacity it plans to build over the next two decades. State-controlled NTPC Ltd. issued a tender to appoint consultants that will help identify potential assets in uranium-mining countries including Canada, Australia, Kazakhstan and South Africa, according to documents posted on its tender website. Bids are due July 16. The search for uranium marks the latest step in India’s ambition to grow atomic power capacity more than elevenfold by 2047, part of a broader push to decarbonize an economy that’s driven largely by coal and other fossil fuels. NTPC aims to build around 30% of the country’s 100-gigawatt target. In December, the Indian parliament passed a law that will end a decades-old state monopoly in atomic power generation and open the industry up to private firms. The new legislation also envisages sweeping changes to the country’s liability provisions that had spooked investors. “The scale of planned capacity addition necessitates securing a sustainable fuel supply of uranium,” NTPC said in the bid document. “Considering the limitations of domestic fuel and mining reserves, overseas exploration and the acquisition of uranium mines are required.” Live Events At present, India relies on another state-controlled company – Uranium Corp. of India – for domestic supplies of the metal. The country’s only producer mines mainly in the states of Jharkhand and Andhra Pradesh. New Delhi has already been diversifying its overseas supplies, agreeing during Prime Minister Narendra Modi’s visit to Melbourne this week to import uranium from Australia. India also buys the atomic mineral from Uzbekistan and Russia, while shipments from Canadian miner Cameco Corp. are due to begin next year. Global uranium mining is relatively concentrated, with the top five producers accounting for almost 70% of the world’s output in 2024, according to the World Nuclear Association. Kazakhstan’s NAC Kazatomprom was the biggest producer in that year, followed by Cameco. .Pbanner{display:flex;justify-content:space-between;align-items:center;background-color:#ec1c40;margin-top:20px;padding:5px 10px;border-radius:4px;color:#fff;line-height:10px;width: 100%;box-sizing: border-box} .Pbannertext{display:flex;align-items:center;font-size:16px;font-weight:600;font-family:'Montserrat';} .Pbannertext img{height:20px;margin:0 6px} .Pbannerbutton a{display:flex;align-items:center;background-color:#fff;color:#ec1c40;text-decoration:none;font-weight:600;padding:4px 8px;border-radius:6px;font-size:15px;font-family:'Montserrat';} .Pbannerbutton img{height:20px;margin-right:6px} .Pbannerbutton a:hover{background-color:#f7f7f7} Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times WhatsApp channel) (You can now subscribe to our Economic Times WhatsApp channel)
The power authority warned of fire risks from prolonged use of cooling appliances, asking discoms to prepare for higher summer loads. View More
The Chief Economic Adviser urged companies to invest in skills and innovation, saying artificial intelligence raises the value of workers while the government has already laid the policy groundwork View More