Kalpataru Power Transmission Ltd, in a release, said that it has received new orders worth Rs.625 crore. KPTL noted that the orders included power transmission-related mandates in Africa. Besides, the power and infrastructure EPC company has landed a railway Read more
Bharat Heavy Electricals Ltd (BHEL), thanks to an order from Indian Oil Corporation, has entered the downstream oil & gas process package business. In a release, BHEL said that it has won an order valued at over Rs.400 crore Read more
iRAM Technologies has landed four new projects related to upcoming Smart Cities—Dahod, Rajkot, (both Gujarat) Pimpri Chinchwad (Maharashtra) and Kohima (Nagaland). iRAM has won these projects in partnerships with leading conglomerates and system integrators in the Smart City Space. iRAM Read more
Tata Power has received a Letter of Award from Gujarat Urja Vikas Nigam Ltd (GUVNL) on to develop a 60-mw solar project in Gujarat. This project has taken Tata Power's solar power capacity under development in Gujarat to 580 Read more
The potential takeover of financially-ailing independent power transmission company South East UP Power Transmission Co Ltd (SEUPPTCL) has attracted expressions of interest from leading names like Adani Group and Torrent Power. SEUPPTCL is undergoing corporate insolvency resolution process under Read more
Adani Transmission Ltd (ATL) has signed definitive agreements with Essel InfraProjects Ltd for the acquisition of Warora-Kurnool Transmission Ltd (WKTL). The acquisition is valued at Rs.3,370 crore. The proposed acquisition will take ATL's power transmission portfolio to around 17,200 Read more
Nexcharge in collaboration with Tata Power Delhi Distribution Ltd (TPDDL) inaugurated India’s first grid-connected Li-ion battery-based community energy storage system at Rani Bagh, Delhi, on March 27, 2021. The 0.52 MWh battery energy storage system at TPDDL’s Rani Bagh Read more
Waaree Energies has commissioned a 10-mw solar photovoltaic power plant in Puducherry, which is understood to be the first solar plant in the said city. A release by Waaree Energies said that the grid-connected plant will supply power to Read more
Convergence Energy Services Ltd (CESL) has signed an agreement with CSC e-Governance Services India Ltd (CSC SPV) to create demand aggregation for electric mobility, solar, energy efficiency solutions and other initiatives of CESL. The proposed relationship aims to create Read more
India Grid Trust (IndiGrid) has completed its largest transmission project deal by acquiring NER-II Transmission Ltd (“NER-II”) from Sterlite Power at an enterprise value of around Rs.4,625 crore. IndiGrid AUM reaches Rs.20,000 crore With this acquisition, IndiGrid’s assets under management Read more