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India’s stock market is set for a wave of IPO lock-in expiries over the next three months, with shares worth $34 billion from 73 recently listed companies becoming eligible for trading, according to Nuvama Alternative & Quantitative Research. The expiry only makes these shares tradable and does not necessarily mean shareholders will sell them. View More
The Indian stock market will see a surge in IPO lock-in expiries over the next three months, with shares of 73 newly listed companies worth $34 billion becoming eligible for trade when their mandatory shareholder lock-in periods expire, according to Nuvama Alternative & Quantitative Research. The value represents the worth of the total number of shares freed up for trade after lock-in periods of different time frames expire. However, it is worth noting that this only implies that they will become eligible for trade and doesn't imply that they will necessarily be sold in the primary market. The first set of lock-in expiries among the pack will begin on May 20 (Wednesday) with Emmvee Photovoltaic Power , Fujiyama Power Systems , and Capillary Technologies, whose six-month lock-in periods are set to expire. The three stocks had been listed on the stock exchanges NSE and BSE back in November 2025. Next, 30 lakh shares of Gaudium IVF and Women Health will be free for trade after the three-month lock-in period expires on May 26 (Tuesday), following their listing in February this year. India’s secondary market will see three lock-in expiries on May 27 (Wednesday). Around 40 lakh shares of Clean Max Enviro Energy Solutions worth $58 million will become eligible for trade after the three-month lock-in period expires. Sudeep Pharma and Borana Weaves will meanwhile undergo six-month lock-in expiries. Around 20 lakh shares of PNGS Reva Diamond Jewellery worth $8 million will see their three-month lock-in periods expire on May 29, before the month ends. Live Events June will begin the three-lock-in expiries on the first day itself - Omnitech Engineering (40 lakh shares worth $16 million), Belrise Industries (47.1 crore shares worth more than $1 billion), Enviro Infra Engineers (3.7 crore shares worth $73 million) and Leela Hotels operator Schloss Bangalore (18.7 crore shares worth $799 million). Wakefit Innovations lock-in expiry Wakefit Innovations will see 40 lakh shares worth $6 million become eligible for trade on June 3, while another 16.1 crore shares worth $231 million will free up for trade on June 12, according to Nuvama. Sedemac Mechatronics will undergo a one-month expiry, and Aegis Vopak Terminals will undergo a six-month lock-in expiry on June 8. Around 14.6 crore shares of Aequs, worth $298 million, will meanwhile free up for trade on June 9. Meesho lock-in expiry More than 308 crore shares of Meesho worth over $6 billion will be free for trade as the six-month lock-in period expires. The stock made a strong market debut in December last year, listing with 46% premium over the IPO price at Rs 162 apiece on NSE. The shares of the retailer quickly rallied 57% to hit a 52-week high level of Rs 254.40 apiece, the same month. However, the stock has erased all gains and is significantly below the listing price, trading near Rs 193 apiece. Along with Meesho, ICICI Prudential AMC and Suraksha Diagnostic shares will also undergo lock-in expiries. India’s secondary market will see several other IPO lock-in expiries in June. These include Vidya Wires , Corona Remedies , Ikio Lighting , Park Medi World , Nephrocare Health Services, Vishal Mega Mart, Sai Life Sciences, Inventurus Knowledge Solutions, One Mobikwik Systems, and GSP Crop Science, according to Nuvama. Take a look at all the lock-in expiries taking place in the next 30 days, according to the report. ETMarkets.com ETMarkets.com While $34 billion worth of lock-in expiries grabs eyeballs, Nuvama highlighted that not all of these shares will come for sale as a sizable portion of these shares are also held by promoters and promoter groups. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) .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;} .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 ETMarkets WhatsApp channel) (You can now subscribe to our ETMarkets WhatsApp channel)
Reliance Industries will invest Rs 2 lakh crore to develop 7,200 MW of nuclear capacity. Adani Power has outlined Rs 1.5 lakh crore for 6,000 MW projects, while state-run NTPC will invest Rs 1 lakh crore in building 7,200 MW capacity. Lalitpur Power Generation Company, part of the Bajaj Group, will invest Rs 2 lakh crore for 5,000 MW capacity, according to a Maharashtra government statement. View More
MUMBAI: Reliance Industries , NTPC , Adani Power and Lalitpur Power Generation Company have earmarked total investments of Rs 6.5 lakh crore in the nuclear energy sector in Maharashtra, aiming to add 25.4 GW of power generation capacity through projects that are expected to create about 123,000 jobs. Reliance Industries will invest Rs 2 lakh crore to develop 7,200 MW of nuclear capacity. Adani Power has outlined Rs 1.5 lakh crore for 6,000 MW projects, while state-run NTPC will invest Rs 1 lakh crore in building 7,200 MW capacity. Lalitpur Power Generation Company, part of the Bajaj Group, will invest Rs 2 lakh crore for 5,000 MW capacity, according to a Maharashtra government statement. The government on Tuesday signed memoranda of understanding (MoUs) with NTPC, Adani Power, Reliance Industries, and Lalitpur Power Generation Company for the projects. Also Read: I Squared to pump $1 billion into power grid assets The push for nuclear energy is being driven in part by rising electricity demand from emerging sectors such as AI and data centres, which is expected to exponentially drive power demand in Maharashtra in the coming years. Industry leaders globally, including hyperscalers, are increasingly turning to nuclear power for its ability to provide stable, round-the-clock clean energy. Live Events Also Read: Industry wants to build nuclear reactors in India, possible with SHANTI Act: US delegate The Maharashtra government is also in talks for setting up thorium-based nuclear power plants by replacing old thermal power plants which have lost their efficiency. Two such plants - a 1540 MW thorium plant, and another two 220 MW plants are being planned. The state government is in advanced talks with the Nuclear Power Corporation of India and the Department of Atomic Energy for this venture. .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;} .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)
NTPC's Nabinagar plant in Aurangabad, Bihar, is undergoing a major expansion. Stage II will add three 800 MW units, increasing total installed capacity to over 4,360 MW. This expansion will provide Bihar with an additional 1,500 MW of power. The new units will use advanced technologies to reduce water consumption and improve efficiency. The project is progressing steadily. View More
Aurangabad (Bihar): The total installed capacity of the National Thermal Power Corporation ( NTPC ) plant at Nabinagar in Bihar's Aurangabad district will rise to more than 4,360 MW on completion of the stage II expansion , a top official said on Tuesday. The plant is currently undertaking a major expansion under Stage II, involving the construction of three 800 MW units. Also read: Maharashtra govt ramps up nuclear energy with MoUs worth Rs 6.5 lakh crore "The 1980 MW Nabinagar Super Thermal Power Project continues to play a significant role in meeting Bihar's growing energy demand. Its total installed capacity will rise to 4360 MW after completion of the stage-II expansion work," L K Behera, Head of Project, told reporters here. This will position the Nabinagar plant among the country's major thermal power stations, he said, adding: "The expansion is also expected to provide Bihar with an additional 1500 MW of power." Live Events "In the 2025-26 financial year, the station generated over 12,932 Million Units (MU) of electricity. The station also recorded an annual Plant Load Factor (PLF) of 78.28 per cent," said the project head. After the foundation stone for the project was laid by Prime Minister Narendra Modi last year, construction has been progressing steadily, he added. He said that the upcoming units would incorporate air-cooled condenser technology to significantly reduce water consumption. "The new units will also operate on Ultra Super Critical technology , enabling higher thermal efficiency through advanced high-temperature and high-pressure systems", he said. Beyond power generation , NTPC Nabinagar continues to drive development initiatives across more than 22 nearby villages through its CSR and Community Development programmes, he said. .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;} .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 CEA’s words could not be more direct and the situation the world’s sixth largest economy faces is by no means small. Several macroeconomic indicators are in focus; inflation, health of the current account, and the exchange rate. View More
Maharashtra has signed MoUs with four companies, including Adani Power and Reliance Industries, to attract Rs 6.5 lakh crore in nuclear energy investments. These projects aim to generate 25,400 MW of power and create 1,23,500 jobs, bolstering the state's clean energy initiatives and contributing to India's energy-rich nation goal. View More
The Maharashtra government on Tuesday signed memoranda of understanding (MoUs) with four companies, including Adani Power and Reliance Industries, to attract investments worth Rs 6.5 lakh crore in the state's nuclear energy sector. The projects are expected to generate 25,400 MW of power and create 1,23,500 jobs. The state government signed the agreements with NTPC Limited , Adani Power Limited , Reliance Industries Limited and Lalitpur Power Generation Company Limited at a meeting presided over by Chief Minister Devendra Fadnavis at Mantralaya. Also read: India, US companies hold talks on nuclear energy cooperation "Prime Minister Narendra Modi has set a goal of making India an energy-rich nation and achieving zero carbon emissions. Maharashtra is making every possible effort to fulfil this objective. Investments coming into the state's clean energy sector will certainly strengthen the country's journey towards becoming an energy-rich nation," Fadnavis said in a statement. Nuclear energy was a crucial component of clean energy generation, and Maharashtra had significant opportunities in the sector, he said. "This investment will not only boost power generation in the state but also create substantial employment opportunities. Maharashtra will continue to remain at the forefront of clean energy generation in the country." Live Events Under the MoU, Reliance Industries Limited will invest Rs 8,000 crore to Rs 2 lakh crore for setting up Bharat Small Reactors or Small Modular Reactor (SMR)/Nuclear Power Reactors at Purnagadh in Ratnagiri. The facility is said to possess 7,200 MW of nuclear power capacity. Adani Power Limited will invest Rs 1.5 lakh crore to set up a nuclear power plant at Barsu in Ratnagiri with a capacity of 6,000 MW. NTPC Limited has committed to invest Rs 1 lakh crore to establish 7,200 MW of capacity, creating around 5,000 jobs. Lalitpur Power Generation Company Limited, part of the Bajaj Group, will invest Rs 2 lakh crore to build 5,000 MW of capacity and generate about 3,000 jobs. (With inputs from PTI) .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;} .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)
Bharat Forge, through its Aerospace business, signed a Memorandum of Understanding (MoU) with the Government of Andhra Pradesh in this regard. View More
The Indian stock market remained range-bound on May 19, with the Nifty 50 down 0.14% and the S&P BSE Sensex down 0.15%. The broader market outperformed, with Nifty IT gaining 3.18%, while financial stocks struggled. Oil prices declined amid geopolitical tensions regarding Iran. View More
On Monday, India's power demand hit an extraordinary 257.37 GW, a historic high that came after relentless heat waves swept across the landscape. As citizens crank up their air conditioning units and fans to combat the sweltering temperatures, the power ministry is bracing for even higher demands this summer. View More
New Delhi: India's peak power demand hit an all-time high of 257.37 GW on Monday, primarily driven by increased usage of cooling devices such as air conditioners and desert coolers amid intensifying heat wave conditions, according to power ministry data. The peak power demand on Monday eclipsed the previous all-time high of 256.11 GW on April 25, 2026, at 1538 hrs. According to the power ministry data, peak power demand set a new high of 257.37 GW at 1542 hrs on Monday, and it was fully met. The Power Ministry projects that India's peak power demand will reach 270 GW this summer. Also read | India, US companies hold talks on nuclear energy cooperation Live Events Meanwhile, the Indian Meteorological Department (IMD) has projected heatwave conditions this week in large parts of northwest and central India, as the mercury inched towards the 45-degree mark in many places on Monday. Isolated pockets of Punjab, Haryana, Rajasthan and Delhi are expected to witness heat wave conditions between Monday and May 24, while heat wave to severe heat wave conditions are set to hit parts of Uttar Pradesh from Tuesday onwards, the weather office has said. Bhatinda in Punjab reeled under intense heat with a high of 47 degrees Celsius during the day on Monday, while parts of Haryana and Rajasthan also crossed 46 degrees. Also read | NTPC Group's installed electricity generation capacity crosses 90GW mark Parts of Delhi were recorded at 44 degrees Celsius on Monday, with the city staring at an extended spell of punishing heat in the upcoming week and no immediate relief in sight. Dry scorching winds and relentless heat made it difficult for daytime commuters in the city on Monday. The country's peak power demand has risen with temperatures from April onwards and further intensified in May. Experts said demand and consumption of electricity may rise further due to rising temperature, more frequent use of air conditioners, air coolers, and other appliances by domestic and commercial consumers to beat rising mercury levels in the country. The IMD has projected harsh summers this year. Last summer, the peak power demand was 242.77 GW, recorded in June, 2025, but stayed below the government's estimate of 277 GW. In May 2024, the peak power demand was 250 GW, a record at that time and exceeding the previous all-time peak of 243.27 GW set in September 2023. .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;} .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)
State-owned NTPC has crossed a significant milestone, achieving over 90 GW of installed electricity generation capacity. This expansion was driven by the successful trial operation of Unit 2 at its Patratu Vidyut Utpadan Nigam arm. The company is actively pursuing renewable energy targets and diversifying its energy portfolio. View More
New Delhi: State-owned power giant NTPC on Monday announced that its installed electricity generation capacity has surpassed 90 GW after completing trial operations of Unit 2 (800 MW) at its arm Patratu Vidyut Utpadan Nigam . The achievement marks another important step towards building a sustainable and energy-secure future for India, a company statement said. The milestone was achieved after the successful completion of trial operations of Unit 2 (800 MW) of Patratu Vidyut Utpadan Nigam Ltd (PVUNL), a subsidiary project, comprising 3X800 MW units. Patratu Vidyut Utpadan Nigam Ltd was incorporated on October 15, 2015. It is a joint venture between a subsidiary of NTPC Ltd , which holds a 74 per cent stake, and Jharkhand Bijli Vitran Nigam Ltd, which has the remaining 26 per cent share. Live Events PVUNL is committed to providing reliable and affordable power in an efficient and environment-friendly manner through the adoption of new technologies and optimal utilisation of resources. With the addition, the NTPC Group now operates more than 90 GW of installed capacity across the country, according to the statement. The company also has around 32 GW of capacity under construction. NTPC has set a target of achieving 149 GW total installed capacity by 2032, including 60 GW from renewable energy sources. In its continuous efforts to boost renewable energy footprints, NTPC added 5,488 MW of renewable capacity in FY26 across solar, wind, and pumped storage projects (PSP), accelerating its momentum on the journey of Viksit Bharat. NTPC's diversified energy portfolio includes thermal, hydro, solar, and wind power projects, ensuring a reliable, affordable, and sustainable electricity supply across India. In addition to power generation, NTPC has expanded into several new business areas, including e-mobility, battery storage, pumped hydro storage, waste-to-energy, nuclear power, and green hydrogen solutions. .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;} .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 milestone was achieved following the successful completion of trial operations of Unit 2 (800 megawatt) of Patratu Vidyut Utpadan Nigam (PVUNL), a subsidiary project comprising 3x800 MW units View More