Adani Energy Solutions Ltd (AESL) is set to win what is shaping up to be the first intrastate transmission system (InSTS) scheme in Bihar, awarded under the tariff-based competitive bidding (TBCB) mechanism.
It is reliably learnt that the Adani Group entity has emerged L1 at the e-reverse auction (e-RA) routine recently held for the Pirpainti scheme.
The InSTS scheme, which is the first by Bihar under the TBCB regime, is officially termed as “Evacuation of power from 3×800-MW STPP Pirpainti” and is housed under project SPV “Vikramshila Power Transmission Ltd,” incorporated on August 24, 2026 as a wholly-owned subsidiary of bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL). Read more
Bharat Heavy Electricals Limited (BHEL) has secured an order valued between ₹600 crore and ₹900 crore (excluding GST) from Power Grid Corporation of India Limited (PGCIL) for the installation of two synchronous condenser units at Kalyanpur in Gujarat. Read more
Vikran Engineering Ltd announced that its current outstanding order book stands at over Rs.6,200 crore with a clear dominance of solar EPC, to the tune of 60 per cent.
The unexecuted order book of Bajel Projects Ltd recorded its all-time high during the second quarter (Q2: July to September) of FY27, and grew even further in October 2026.