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Sugs Lloyd wins T&D contracts in Bihar and Odisha
Sugs Lloyd Ltd has secured power transmission and distribution (T&D) contracts worth Rs 74.35 crore across Bihar and Odisha. In Bihar, the company received two key projects from North Bihar Power Distribution Company Limited (NBPDCL). The main contract covers turnkey development of five new 33/11 kV substations with associated transmission lines in Kishanganj district. This…
- India | Leadership | News
EQT retains Zelestra India, appoints Parag Sharma as new CEO
European alternative asset manager EQT has decided to retain its India operations of renewable developer Zelestra, transferring the business to its Asia Pacific infrastructure team led by Hong Kong-based partner Ken Wong, according to a report by Mint. This marks a shift from its earlier plan to sell Zelestra India. As part of the new…
ACME Solar crosses 2 GWh BESS capacity in Rajasthan
ACME Solar Holdings Limited has operationalised over 2 GWh of Battery Energy Storage System (BESS) capacity in Rajasthan, taking its total operational BESS capacity in the state to 591.18 MW / 2,031.24 MWh across its subsidiaries. The company stated that these storage systems support grid reliability by charging during off-peak hours and discharging during peak…
Adani Green commissions 150 MW solar project at Khavda
Adani Green Energy Limited (AGEL) has operationalised a 150 MW solar power project at Khavda, Gujarat, through its wholly owned stepdown subsidiary, Adani Renewable Energy Eight Limited (ARE8L). The company decided to operationalise the plant and commence power generation at 10:42 p.m. on June 27, 2026, after obtaining the required clearances. Power generation from the…
POWERGRID approves Rs 485 crore SCADA upgrade, JPY 80 bn loan
Power Grid Corporation of India Limited (POWERGRID) has approved a Rs 485.04 crore project for the upgrade of supervisory control and data acquisition (SCADA) systems at its National Transmission Asset Management Centre (NTAMC) and Regional Transmission Asset Management Centres (RTAMC), according to a regulatory filing issued after the company’s Board meeting held today. The project…
Hero MotoCorp to invest Rs 5.25 billion in Euler Motors
Hero MotoCorp Limited has announced an investment of Rs 5.25 billion in Euler Motors to enter the electric three-wheeler market. The investment will be made in multiple tranches, allowing Hero MotoCorp to acquire a 32.5 per cent stake in Euler Motors on a fully diluted basis. The transaction is expected to be completed by April…
