The Union Cabinet chaired by Prime Minister Narendra Modi, September 30, 2026, approved the Green Energy Corridor Phase-III (GEC-III) intrastate transmission system (InSTS) scheme. The tariff-based competitive bidding (TBCB) modality has been proposed for greenfield projects under the scheme.
Larsen & Toubro Ltd (L&T) has announced that its business vertical, L&T Energy CarbonLite Solutions, has secured a limited notice to proceed (LNTP) relating to the main plant package of a supercritical thermal power project in Jharkhand.
Om Power Transmission Ltd (OPTL) has received two new mandates placed by state utility Gujarat Energy Transmission Company Ltd (GETCO).
Marsons Ltd and Cleanhill Partners, a New York-based private equity firm with a proven track record of scaling companies supporting the build-out of energy infrastructure, have announced their intent to form a joint venture to accelerate transformer distribution, service, and manufacturing operations across the United States and Canada.