Author: PPD Team Date: October 15, 2024
Sterling and Wilson Renewable Energy Ltd (SWREL) has reported its highest-ever outstanding order book, exceeding Rs 1,050 billion as of October 14, 2024.
In Q2 FY25 (July to September), SWREL recorded an order inflow of approximately Rs 205 billion, including an Rs 82.3 billion order received on October 14. All orders were from the domestic market.
Author: PPD Team Date: August 27, 2025 GameChange BOS, a subsidiary of GameChange Energy Technologies, has started operations at its new medium voltage transformer plant in Taloja, Maharashtra. The manufacturing facility covers 180,000 square feet and has an annual production capacity of more than 1,800 transformers. The company stated that the unit will strengthen its supply to markets in India, Europe, and the United States. The plant will allow GameChange BOS to expand its product…
Author: PPD Team Date: December 11, 2024 Adani Group has announced plans to invest over Rs 7 trillion in Rajasthan across multiple sectors, including renewable energy. The investment includes developing 100 GW of renewable energy capacity, aiming to create the world’s largest integrated green energy ecosystem. The projects are expected to be implemented over the next five years.
Author: PPD Team Date: January 20, 2026 Dalmia Bharat Limited (DBL) has divested its entire 25.44% equity stake in O2 Renewable Energy V Private Limited (OREV), ending its associate relationship with the renewable energy company. The transaction was completed on January 16, 2026. The sale was executed at around 1:15 PM on January 16, 2026, for a total consideration of Rs 10.82 crore. The stake had been held through Dalmia Cement (Bharat) Limited, a wholly…
Author: PPD Team Date: February 21, 2025 Advait Energy Transitions Limited, formerly Advait Infratech Limited, has incorporated a wholly owned subsidiary, Advait Transmission Tools Private Limited, for power transmission lines (TLs) work. The subsidiary, established on February 18, 2025, will focus on assembling, manufacturing, and trading stringing tools used in the construction, operation, and maintenance of power TLs. Since its inception in 2009, Advait Energy Transitions has provided solutions for power transmission, substation, and telecommunication…
Author: PPD Team Date: February 5, 2025 Eminent Electricity Distribution Limited (EEDL), a wholly-owned subsidiary of CESC Limited, has signed a share purchase agreement (SPA) with Chandigarh Power Distribution Limited (CPDL) to acquire 100 per cent equity in a distribution company. As a result, Chandigarh Power Distribution Ltd (CPDL) becomes a step-down subsidiary of CESC Ltd. The deal is valued at Rs 8.71 billion in cash. The acquisition was completed for approximately Rs 8.71 billion….
Author: PPD Team Date: July 31, 2025 The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, has signed a Memorandum of Understanding (MoU) with Ather Energy Limited. The partnership is part of the Build in Bharat initiative, led by the Startup Policy Forum (SPF), a coalition of over 50 startups focused on innovation and manufacturing. The MoU will support deep-tech and hardware startups involved in EVs, clean…