Contracts and procurement
Google and Oracle have entered into agreements to support nuclear power plant operations in the United States. Google's 20-year power purchase agreement with Constellation Energy will facilitate investments in 11 nuclear units, adding 890 MW of capacity and creating jobs. Oracle has committed to subscribing to a portion of the electricity from the Point Beach nuclear power plant in Wisconsin.
Google is reportedly close to finalizing a multi-year agreement with Constellation Energy Corp. to purchase nuclear power for its data centers. This potential deal, valued at over $1 billion, aims to support the increasing electricity demands driven by artificial intelligence and data center expansion.
Poland has revised its nuclear power program, delaying the commercial operation of its first unit to 2036 and outlining plans for a second plant. The updated program emphasizes domestic industry participation, workforce development, and regulatory strengthening.
The governments of South Korea and the United States have announced a comprehensive agreement to construct new megawatt-class nuclear reactors at U.S. sites. This initiative aims to enhance energy security and establish resilient supply chains through industrial cooperation between the two nations.
The United States and South Korea are deepening their strategic cooperation in the global nuclear power market, with plans for new reactor builds and significant investments in the nuclear supply chain. This collaboration aims to leverage US technological expertise and South Korean supply chain capabilities.
KPI Green Energy Limited has secured an engineering, procurement and construction (EPC) order worth approximately Rs 20.25 billion from NACOF Oorja Private Limited (NOPL) for a 500 MW/550 MWp solar photovoltaic project in Bikaner, Rajasthan. The project is being developed as part of NOPL’s 5,000 MW solar photovoltaic power park at Dantoor village in...
Polimex Mostostal has secured a contract to build two assembly halls for the construction of three Westinghouse AP1000 units in Poland. These facilities are crucial for the modular construction approach of the reactors, enabling on-site assembly of large components. The contract highlights the increasing involvement of Polish companies in the domestic nuclear supply chain, with over PLN2.2 billion (USD570 million) in contracts already awarded to Polish firms for the Lubiatowo-Kopalino project.
NLC India Renewables Limited (NIRL) has won SJVN Limited’s auction for the development of 265 MW/530 MWh standalone battery energy storage system (BESS) projects in Haryana at a tariff of Rs 235,000 per MW per month. The tender, valued at approximately Rs 6.36 billion, comprises two projects with capacities of 250 MW/500 MWh and 15 MW/30 MWh. The...
The Competition Commission of India (CCI) has requested additional details from Adani Energy Solutions regarding its proposed ₹3,050-crore acquisition of IntelliSmart Infrastructure. The regulatory body's website indicated an "information incomplete" status for the combination, two months after the initial notice was filed on July 27.
Nearly 200 cities in Madhya Pradesh are pooling their power demand for a new floating solar-battery project. The initiative, valued at approximately ₹1,300 crore, aims to provide affordable clean energy for municipal services and reduce recurring electricity costs.
Kairos Power and Samsung C&T Engineering and Construction Group have signed a binding term sheet to collaborate on Kairos's Hermes 2 demonstration plant. The agreement includes a financial commitment of up to $100 million from Samsung C&T, combining direct investment and in-kind engineering services. Samsung C&T has also joined Kairos's engineering, procurement, and construction (EPC) team to support the Hermes 2 project and future reactor technology deployments.
SUGS Lloyd Limited has received a letter of award worth approximately Rs 2.13 billion from Marshal Enterprises for power distribution infrastructure works in Punjab. The contract covers balance supply and installation works for low-tension and high-tension infrastructure under the Revamped Distribution Sector Scheme. The works cover the Faridkot Circle,...