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Skipper secures Rs 13.18 billion in new orders in Q3 FY25
Skipper Ltd received new orders worth Rs 13.18 billion in Q3 FY25 (October to December), bringing the total order inflows for the fiscal year to Rs 37.43 billion. The company secured significant contracts from Power Grid Corporation of India Ltd (PGCIL), state electricity boards, and private transmission service providers. As of December 31, 2024, Skipper’s…
Chandigarh STU proposes Rs 158 crore transmission upgrade plan
The State Transmission Utility (STU) of Chandigarh has submitted a five-year business plan before the Joint Electricity Regulatory Commission (JERC), proposing capital expenditure of Rs 158.34 crore on new substations, underground cabling and transmission upgrades aimed at improving grid reliability and meeting rising electricity demand. The filing marks the first business plan submitted after the…
SPML Infra completes Phase-I of 2.5 GWh BESS manufacturing facility
SPML Infra Limited has completed Phase-I of its battery energy storage system (BESS) manufacturing facility at SUPA MIDC in Pune, Maharashtra, comprising a 2.5 GWh assembly line. The company is progressing with IEC/UL certifications for battery packs to be supplied against its NTPC order and is targeting billing in Q4 FY27, subject to necessary approvals….
Jindal Poly Films to fully acquire solar film maker Enerlite
Jindal Poly Films Limited (JPL), a major player in packaging films, has announced plans to acquire full ownership of Enerlite Solar Films India. Enerlite manufactures encapsulation films used in photovoltaic (PV) modules. JPL currently holds a 33.05% stake in Enerlite. The acquisition, conducted on an arm’s length basis, will make Enerlite a wholly owned subsidiary….
Lagos State calls for bids to develop 4 GW gas-fired power plants
The Lagos State Government in Nigeria has invited bids from investors, independent power producers, and energy solution providers to develop up to 4 GW of gas-fired power plants. This initiative, part of the Clean Lagos Electricity Market plan, aims to alleviate the city’s chronic power outages, which have impacted both households and businesses. While Lagos…
AIIB, ADB, and AIF partner to boost ASEAN infrastructure and power grid
The Asian Infrastructure Investment Bank (AIIB), Asian Development Bank (ADB), and ASEAN Infrastructure Fund (AIF) have signed a letter of intent to collaborate on ASEAN-related infrastructure projects. The agreement outlines cooperation on high-impact projects, including the ASEAN Power Grid (APG) and ASEAN Catalytic Green Finance Facility (ACGF). The partnership will focus on project origination, co-financing,…
