India’s move into nuclear power generation is sparking demand for expert guidance. Private sector companies entering this field need technical and policy support. An independent body is proposed to assist new players with design, engineering, and operational strategies. This will help manage the growing interest in nuclear energy, especially for indigenous reactor technologies.
Waaree Transpower has secured a significant Rs 100 crore order for 1.27 gigawatt transformers. This major milestone was achieved within the first month of the company’s launch. The transformers will be deployed for utility-scale solar projects across various states. This development highlights Waaree Transpower’s growing presence in the renewable energy sector.
Last week, the Indian Parliament abolished the decades-old state monopoly in the nuclear power generation sector and made sweeping changes to the country’s liability provisions that had spooked investors. The move is expected to attract about $214 billion in investments, with proposals from the Adani Group under consideration, Bloomberg News reported last week.
Larsen & Toubro’s hydrocarbon onshore business has secured a major order from Bharat Petroleum Corporation Ltd (BPCL) for engineering, procurement, construction, and commissioning of India’s largest LLDPE and HDPE Swing Unit. This flexible petrochemical plant, with two 575 KTPA trains, will be built in Bina, Madhya Pradesh.