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DARK SECRETS: Nhpc - The Real Truth

Stocks in news: HDFC Bank, Ola Electric Mobility, NBCC and Knowledge Realty Trust

Indian equity markets closed higher on Friday, ending a losing streak with IT stock gains. HDFC Bank's CEO will not seek reappointment, while Mahindra & Mahindra expanded its EV battery service. Ola Electric received incentives, and Knowledge Realty Trust saw an offer for sale launch. NBCC signed an infrastructure project…

The Economic Times

Sikkim tunnel collapse: Rescue teams retrieve bodies of all 25 workers

All 25 workers' bodies were retrieved from a Sikkim hydropower tunnel collapse. The tunnel collapsed Monday following an explosion suspected to be from methane gas. Continuous search operations recovered all bodies after 72 hours of dedicated efforts. Several government bodies and NHPC announced ex gratia payments for the deceased. The…

The Economic Times

Sikkim tunnel tragedy: Death toll rises to 22 as rescue operations continue

Rescue operations recovered nine more bodies, bringing the total to twenty-two deceased workers. Specialized teams worked tirelessly through the night under extremely challenging tunnel conditions. The incident occurred after a suspected methane gas explosion in the under-construction tunnel. State officials announced financial aid and a thorough inquiry into the accident.…

The Economic Times

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Sikkim tunnel blast tragedy: NHPC announces Rs 5 lakh compensation to family of each deceased

NHPC announced Rs 5 lakh compensation for each deceased worker in a Sikkim tunnel blast. The explosion at the Teesta Stage-VI hydro power plant killed at least twenty workers. Rescue operations are continuing round-the-clock for the remaining trapped personnel. Thirteen bodies have been retrieved so far from the collapsed tunnel.…

The Economic Times

Sikkim tunnel collapse: Rescuers resume operation to recover remaining bodies

Rescue operations have resumed at the NHPC Teesta Stage VI Hydropower Project's tunnel following a pause caused by mud and water buildup. An explosion believed to be triggered by methane gas led to a catastrophic tunnel collapse, claiming the lives of at least twenty workers. To date, twelve bodies have…

The Economic Times

Sikkim tunnel accident: NHPC says top management at site as death toll reaches 10

Ten people died and twenty-five personnel were trapped after a methane gas burst. The explosion occurred inside an under-construction tunnel at the Teesta Stage VI Hydroelectric Project. Rescue operations are underway with multiple agencies coordinating efforts at the site. Seven victims have been identified, with three bodies remaining unidentified.

The Economic Times

PM Modi unveils India's 1st integrated refinery-cum-petrochem unit with 9 MMTPA capacity, other projects

PM Modi inaugurated India's first integrated refinery-cum-petrochemical complex in Rajasthan, a significant Rs 1.06 lakh crore development. This project, a joint venture with HPCL, aims to boost energy security and petrochemical self-sufficiency. The PM also laid the foundation for the Jaipur Metro's second phase and dedicated rail doubling, road, and…

The Economic Times

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Govt fast-tracks disinvestment process to shore up revenues, garners 31% of budget aim in Q1 FY27

The government is accelerating its disinvestment and asset monetisation drive, achieving 31% of its full-year target in just the first quarter. This rapid pace, with weekly offers for sale, aims to bolster revenues amidst rising subsidy and import costs. Significant funds have already been raised from entities like Coal India…

The Economic Times

Hindustan Zinc shares tumble 5% to 6-week low after report of govt's plan to sell 2% stake for Rs 5,000 crore

Hindustan Zinc shares fell sharply on Friday after a report said the government may sell up to a 2% stake in the company to raise around Rs 5,000 crore. The proposed divestment comes amid broader disinvestment efforts, with recent stake sales in Coal India and NHPC.

The Economic Times

NHPC shares jump 5% as OFS worth Rs 4,300 crore opens for retail investors. Here's all you need to know

NHPC shares surged over 5% as the government's offer for sale (OFS) opened for retail investors. The OFS was oversubscribed 3.47 times on the first day, prompting the government to exercise its green shoe option. Retail investors and employees can now bid on June 3, 2026.

The Economic Times

Stocks in news: Alkem Labs, Vedanta, Canara Bank, NHPC, Adani Ports

Markets closed higher on weekly expiry day despite volatility, with Nifty showing signs of recovery but facing resistance around 23,800-24,000. Key stocks like Alkem Labs, Vedanta, Canara Bank, NHPC, and Adani Ports are in focus due to significant corporate developments including block deals, ED visits, capital raising plans, oversubscribed OFS,…

The Economic Times

Ahead of Market: 10 things that will decide stock market action on Wednesday

Indian benchmark indices ended higher after a volatile session, with late buying in heavyweight IT stocks lifting sentiment. Sensex gained 382 points and Nifty closed above 23,480, while investors tracked monsoon progress, inflation trends, RBI policy outlook and liquidity conditions.

The Economic Times

NHPC OFS subscribed nearly 3.5 times on Day 1, Govt to exercise green shoe option

The government on Monday announced to sell up to 6 per cent stake in NHPC via OFS at a floor price of Rs 71 per share.

The Economic Times

NHPC shares tumble 5% as govt’s OFS worth up to Rs 4,300 crore opens at 8% discount. Check details

NHPC Share Price: NHPC shares saw a significant drop of nearly 5 percent. This decline followed the government's launch of an offer for sale. The government plans to divest up to a 6 percent stake in the public sector undertaking. The offer opened for non-retail investors on Tuesday. The floor…

The Economic Times

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International Business Times

India Plans Mega-dam To Counter China Water Fears

On a football field ringed by misty mountains, the air rang with fiery speeches as tribesmen protested a planned mega-dam -- India's latest move in its contest with China over Himalayan water.

Al Jazeera

‘No land, no home, no future’: Himalayan Lepchas fear new dam

A glacial lake outburst flood in October 2023 washed away the Teesta III dam, displacing thousands of people.

Dynamite News

Jindal India Renewable Energy gets LoA for 300 MW solar plus storage project from NHPC

The project is part of NHPC's 1200 MW inter-state transmission system-connected solar power projects tender with 600 MW/1200 MW energy storage systems. Read further on Dynamite News:

Dynamite News

ACME Solar signs power purchase pact with NHPC for 680 MW project

Renewable energy firm ACME Solar Holdings has signed a power purchase agreement (PPA) with state-owned company NHPC for a project of 680 MW capacity. Read further on Dynamite News:

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Al Jazeera

As India’s smallest state votes, a broken hydro plant takes centerstage

Sikkim’s hydropower dream of huge revenues has turned into a nightmare due to irregularities and poor planning.

The Hindu

Landslide blocks diversion tunnel at NHPC’s Subansiri hydro project

NHPC's 2,000-MW Subansiri hydro project blocked by landslide, no casualties, on October 27. Only 1 of 5 diversion tunnels in use; river flow impacted. Water level in reservoir rising, expected to reach 145 msl by evening. River bed almost dry, aquatic life in danger. Project delayed, cost escalated to Rs…

The Hindu

Flash floods caused ₹233.56 cr expected loss in Teesta-VI hydro project in Sikkim

NHPC suffers ₹233.56 cr loss due to flash floods in Teesta-VI hydro power project in Sikkim. Loss/damage caused due to natural calamity/other force majeure events estimated at ₹233.56 cr. Insurance amount claimed & realised by NHPC is "Nil". Restoration works under progress; time delay & cost-overrun expected. 40 dead, 76…

The Hindu

What caused the flood in Sikkim? | Explained

Glacier Lake Outburst Floods in Himalayas pose a major risk to hydropower projects and people living downstream. Early warning systems, better coordination and greater awareness are needed to mitigate the risk.

The Hindu

Sikkim flash floods death toll mounts to 14; 102 people, including 22 Army personnel, still missing

The floods have severely damaged the Chungthang dam that is the mainstay of a key hydropower project, the Teesta -3, situated along the Teesta river that courses through Sikkim, West Bengal and Bangladesh.

The Hindu

Andhra Pradesh Chief Minister lays foundation for three renewable energy projects with a total capacity of 5,314MW

Andhra Pradesh Chief MInister Y.S. Jaganmohan Reddy lays the foundation for three renewable energy projects with a total capacity of 5,314 Megawatts in Junuthala in Owk Mandal of Kurnool district (2,300MW solar park), Kandikayapalle village of Panyam Mandal in Nandyal district (700 MW solar and 314 MW wind) and Muddavaram in…

The Hindu

Andhra Pradesh CM to lay stones for renewable energy projects in Nandyal district on August 23

CM Y.S. Jagan Mohan Reddy to lay foundation for 2,300 MW Solar, 1014 MW (700 Solar & 314 Wind) & 2000 MW (1000 Solar & 1000 Wind) Power Projects in Nandyal District. APGENCO to enter MoU with NHPC for Pumped Storage Projects & release White Paper on Green Hydrogen Investment…

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