Arunachal govt to hand over hydropower projects to two CPSUs

16 Jan 2023 CW Team

According to officials in this city on Wednesday, the Arunachal Pradesh government has agreed to transfer control of five hydroelectric projects with a total generation capacity of 2820 MW to two Central Public Sector Undertakings (CPSUs). The Chief Minister's Office (CMO) official estimated that these five projects would cost $400 million to $400 billion to complete over the following five to seven years.

Two hydroelectric projects, Naying (1,000 MW) and Hirong (500 MW), would be given to the North Eastern Electric Power Corporation Limited (NEEPCO), and Satluj Jal Vidyut Nigam Limited would be responsible for developing Emini (500 MW), Amulin (420 MW), and Minundon (400 MW).

In order to realise the potential, the state cabinet approved the indicative process for transferring the stalled hydropower projects to CPSUs during its meeting on Tuesday, which was presided over by Chief Minister Pema Khandu.

According to the CMO official, these initiatives would generate about $500 million in annual revenue According to the report, Arunachal Pradesh will make a significant contribution to India's goal of reaching 500 gigawatts of non-fossil energy capacity thanks to its hydropower.

According to the statement, hydropower is a significant source of renewable energy that, if harnessed, would lead to the area's overall socioeconomic development through significant infrastructure investment as well as benefits like free electricity, a local area development fund, employment opportunities, contracts, and business opportunities, as well as the improvement of social sectors like health and education.

During its meeting, the cabinet also gave its approval for the state government's power sector revenue to be invested in government bonds for Arunachal Pradesh's development.and about $1 billion for local area development (LAD).

Infrastructure Transport

11 May 2026

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..