EIL Plans Expansion into Thermal, Offshore Wind, and Nuclear Sectors
POWER & RENEWABLE ENERGY

EIL Plans Expansion into Thermal, Offshore Wind, and Nuclear Sectors

Engineers India (EIL) is actively working to expand its footprint in the power generation sector beyond its traditional focus on oil and gas, according to its Chairman and Managing Director, Vartika Shukla.

The company is currently engaging with stakeholders in the wind energy sector to explore offshore wind opportunities. In addition, it is evaluating a project management consultancy (PMC) role in the thermal power segment, particularly in light of efforts to revive several dormant plants. This strategic move is in line with the Indian government’s plan to add 80 GW of coal-based power capacity by 2032, with a possible increase to 100 GW to meet growing electricity demand and rising coal production.

At the same time, India has set a target of installing 500 GW of non-fossil fuel capacity by 2030, creating substantial opportunities in the renewable and nuclear energy segments. EIL, which has previously worked on captive power plants and managed the relocation of a 300 MW gas-based facility, is now deepening its involvement in the nuclear sector.

The company has already contributed to major projects such as the Kudankulam Nuclear Power Plant and the ITER fusion reactor systems. It is also exploring opportunities in the emerging small modular reactor segment, as India aims to achieve 100 GW of nuclear power capacity by 2047.


News source: Projects Today

Engineers India (EIL) is actively working to expand its footprint in the power generation sector beyond its traditional focus on oil and gas, according to its Chairman and Managing Director, Vartika Shukla.The company is currently engaging with stakeholders in the wind energy sector to explore offshore wind opportunities. In addition, it is evaluating a project management consultancy (PMC) role in the thermal power segment, particularly in light of efforts to revive several dormant plants. This strategic move is in line with the Indian government’s plan to add 80 GW of coal-based power capacity by 2032, with a possible increase to 100 GW to meet growing electricity demand and rising coal production.At the same time, India has set a target of installing 500 GW of non-fossil fuel capacity by 2030, creating substantial opportunities in the renewable and nuclear energy segments. EIL, which has previously worked on captive power plants and managed the relocation of a 300 MW gas-based facility, is now deepening its involvement in the nuclear sector.The company has already contributed to major projects such as the Kudankulam Nuclear Power Plant and the ITER fusion reactor systems. It is also exploring opportunities in the emerging small modular reactor segment, as India aims to achieve 100 GW of nuclear power capacity by 2047.News source: Projects Today

Next Story
Real Estate

CRISIL Leases Rs 6 billion Office Space in Mumbai’s Powai

CRISIL, a leading global analytics and rating agency, has signed a long-term lease worth nearly Rs 6 billion for about 250,000 sq ft of office space in Mumbai’s Powai. The lease, among the largest in the city’s commercial property segment, spans approximately 15 years.The company will occupy a new building at Hiranandani Business Park in Powai, one of Mumbai’s most premium business districts known for its modern infrastructure and connectivity. The lease, structured on a long-term model, underscores the growing demand for high-quality, large-scale office spaces from financial and knowled..

Next Story
Real Estate

Kolte-Patil Acquires 7.5-Acre Pune Land with Rs 14 bn GDV

Kolte-Patil Developers has acquired a 7.5-acre land parcel in Pune’s western micro-market, with a projected gross development value (GDV) of around Rs 14 billion. The project will be developed as a premium residential community catering to mid and upper-income homebuyers. Located along the Baner-Balewadi corridor, the land is strategically positioned near Pune’s IT and commercial hubs. The acquisition is expected to strengthen the company’s presence in the city’s high-demand residential zones.According to the developer, the project will feature contemporary amenities and sustainab..

Next Story
Infrastructure Energy

Norwegian Fund Invests $20 Million in IPO-Bound SAEL

SAEL, backed by global investors including TPG Rise and Norfund, operates over 20 renewable projects across India, with a total capacity exceeding 600 MW. The company has been expanding aggressively in the waste-to-energy and solar segments as part of India’s broader clean energy transition.The funds raised through this investment will help SAEL accelerate project implementation, enhance operational efficiency, and reduce carbon emissions. The partnership also reinforces Norway’s growing interest in India’s renewable energy market, which continues to attract significant foreign capi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?