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Vistra to Install New Gas-Fired Units at Permian Basin Power Plant

LCG, September 30, 2025--Vistra Corp. announced yesterday that it will proceed with the next phase of its capital plan to support grid reliability in Texas. In 2024, Vistra identified over $1 billion worth of potential capital additions in generation capacity within the Texas ERCOT market by 2028 if market conditions were supportive. Now, with West Texas' growing power requirements, particularly the state's expanding oil and natural gas industries, Vistra reached a final investment decision and confirms it will build two new advanced natural gas-fired power units on-site at its Permian Basin Power Plant.

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ERCOT Announces New Grid Research, Innovation and Transformation (GRIT) Initiative

LCG, September 24, 2025--Electric Reliability Council of Texas Inc. (ERCOT) yesterday announced its new initiative to increase its efforts to fully use and apply innovation and transformation through industry collaboration to best overcome the challenges and opportunities facing future grid operations. The new Grid Research, Innovation, and Transformation (GRIT) initiative will advance research and prototyping of emerging concepts and solutions to better understand the implications of rapid grid and technology evolution and position ERCOT to lead in the future energy landscape.

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Industry News

India's Videocon Eyes Enron's Dabhol Power

LCG, Dec. 10, 2001--Indian consumer electronics and home appliance giant Videocon is looking for a partner with which to make a bid for Dabhol Power Co., the troubled Enron Corp. project that is India's largest single foreign investment.

Venugopal Dhoot, Videocon's chairman confirmed his company's interest to the Business Standard newspaper on Saturday.

"We are looking at acquiring stake in Dhabol," he said. "We are unlikely to go it alone and are looking at the possibility of roping in a multinational power company as a partner."

Videocon would buy Enron's 65 percent in Dabhol and the 10 percent shares owned by General Electric Co. and Bechtel Enterprises. The remaining 15 percent belongs to the Maharashtra State Electricity Board.

The paper said Videocon has already talked to the state government of Maharashtra and has written to the Industrial Development Bank of India, a key lender to Dhabol, expressing its interest in the company.

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