In Short : The Union Cabinet has approved enhanced delegation of powers to Power Grid Corporation of India Limited (POWERGRID), increasing the equity investment threshold per subsidiary from ₹5,000 crore to ₹7,500 crore. The decision strengthens financial autonomy, accelerates transmission infrastructure development, and supports India’s renewable energy integration goals while reinforcing the company’s strategic execution […]
Cabinet approves exemption to NTPC Ltd from the extant guidelines of delegation of power to Maharatna CPSEs for making investment beyond the prescribed limit in NTPC Green Energy Limited – EQ Mag
Also approves NGEL investing in NREL and its other JVs/subsidiaries to set up 60 GW Renewable Energy Capacity by NTPC Ltd. The Cabinet Committee on Economic Affairs, chaired by the Hon’ble Prime Minister Shri Narendra Modi, has granted exemption to NTPC Limited from the extant guidelines of delegation of power to Maharatna CPSEs for making […]