In a very significant development, all the five project SPVs corresponding to TBCB components of the mega 14-GW RE evacuation scheme in Gujarat were transferred to their respective winning developers on October 12, 2026.
Shivalaya Construction Ltd formally acquired “Nawada Durgapur Power Transmission Ltd” from bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) on October 16, 2026.
NTPC Ltd and Africa50, the specialist investor in African infrastructure, have signed a Cooperation Agreement to identify, assess and develop power-generation projects and cross-border electricity trading opportunities across Africa.