Kalpataru Projects International Limited (KPIL) has successfully raised Rs 10 billion through a qualified institutional placement (QIP).
The proceeds will be used to strengthen the company’s balance sheet, improve financial flexibility, and support its growth initiatives.
Solidus Techno Power Private Limited has secured a 29 MWp solar project in Bikaner, Rajasthan, marking its expansion beyond Punjab. The project will supply 40% of the electricity needed for a large industrial manufacturing facility in the region. Set to be completed by September 2025, the solar PV plant is expected to generate approximately 47…
NHPC Limited completed the breakthrough of Head Race Tunnel (HRT) Phase-5A and 6A of the Teesta-VI Hydroelectric Project on March 27, 2026. The development marks a construction milestone for the project. CMD (Chairman and Managing Director) Bhupender Gupta stated that the breakthrough reflects the company’s technical capability and coordinated execution. He acknowledged the contribution of…
Shakti Pumps Limited has invested Rs 600 million in its wholly owned subsidiary, Shakti Electric Vehicle (EV) Mobility Private Limited, by subscribing to 6 million equity shares with a face value of Rs 10 each. Last week, Shakti Pumps invested Rs 390 million in the subsidiary by subscribing to 4 million equity shares. Shakti EV…
ACME Solar Holdings Limited has informed the stock exchanges that its subsidiary, ACME Eco Clean Energy Private Limited, has commissioned an additional 4 MW of its 100 MW wind power project at Titoda in Gujarat. The commissioning was witnessed and confirmed by officials from the Gujarat Energy Development Agency and Paschim Gujarat Vij Company Limited….
Siemens Energy has signed an agreement to acquire Camlin Group, a Northern Ireland-based company specialising in grid monitoring, analytics, and asset digitalisation technologies. The acquisition is intended to expand Siemens Energy’s digital grid portfolio amid rising global investment in electricity networks. Financial details of the transaction were not disclosed. The deal remains subject to regulatory…
PNC Infratech Limited has received a letter of award from NHPC Limited to develop a 300 MW interstate transmission system (ISTS)-connected solar project integrated with 150 MW/600 MWh of energy storage. The project was secured through tariff-based competitive bidding at a discovered tariff of ₹3.13 per kWh. NHPC will sign a 25-year power purchase agreement…