Fujiyama Power Systems Limited reported revenue from operations of Rs 13,457 million for the quarter ended 30 June 2026, up 125.3% year-on-year, supported by higher business scale and expansion of its distribution network. EBITDA increased 140.6% year-on-year to Rs 2,548 million, with the EBITDA margin improving to 18.9% from 17.7% in the corresponding quarter last…
Saatvik Green Energy Limited’s material subsidiary, Saatvik Solar Industries Private Limited, has received and accepted two orders worth a combined Rs 608 crore for the supply of solar photovoltaic (PV) modules. The larger order, valued at Rs 476 crore, has been awarded by Vikran Engineering Limited and is scheduled for execution by March 2027. The…
Marsons Limited is expanding its manufacturing capabilities to produce transformers of up to 500 MVA in the 400 kV class, strengthening its presence in the extra-high voltage (EHV) transformer segment. The company is the only EHV transformer manufacturer in Eastern India, including the North Eastern Region, and has an installed annual capacity of 12,000 MVA…
Waaree Transpower Private Limited, a subsidiary of Waaree Energies, has received an order worth approximately Rs 160 crore from a global energy storage technology and solutions company for the supply of medium-voltage (MV) skids for battery energy storage system (BESS) projects. The order covers 8.3 MVA MV Skids, with shipments having commenced in July 2026….
Insolation Energy Limited reported revenue of Rs 740.69 crore for Q1 FY27, up 104.68% from Rs 361.88 crore in Q1 FY26. The strong increase in revenue came as the company continued to scale its solar manufacturing operations. On a sequential basis, however, revenue declined 6.70% from Rs 793.93 crore in Q4 FY26. Profit after tax…
Cosmic Solar EPC Private Limited has secured solar engineering, procurement and construction (EPC) orders worth Rs 574 crore, while expanding its operations into western and central India with a new corporate office in Mumbai. The company, a wholly owned subsidiary of Cosmic PV Power Limited, has started operations from its new office in Chembur. The…
GE Vernova Hitachi Nuclear Energy (GVH), a global nuclear alliance formed by General Electric and Hitachi, Ltd., and Blue Energy have signed an agreement to advance the next phase of a planned 2.5 GW gas-plus-nuclear power plant in Victoria, Texas. The project will combine GE Vernova 7HA.02 gas turbines with GVH BWRX-300 small modular reactors…
Powertrac has commissioned 50 MW of distributed renewable energy capacity in Gujarat under the Distributed Renewable Energy-Based Power (DREBP) scheme, completing the second phase of its project development programme in the state. The commissioned portfolio comprises 11 kV Independent Power Producer (IPP) projects. The addition takes Powertrac another step towards its target of building an…
India’s 3,000 MW Saidongar-1 (Karjat) Pumped Storage Project has successfully completed its Model Acceptance Test (MAT), marking a key engineering milestone before full-scale manufacturing of the project’s hydraulic equipment. The project is being developed by Torrent Energy Storage Solutions Private Limited, a subsidiary of Torrent Power. ANDRITZ is responsible for the design, manufacture, installation, testing…
Bajel Projects Limited, the Bajaj Group’s power engineering, procurement and construction (EPC) company, has secured an ultra-mega transmission line package valued at over Rs 600 crore from Power Grid Corporation of India Limited (PGCIL) under the Western Region-Eastern Region (WR-ER) Inter-Regional Network Expansion Scheme – Part A. The order has been placed by PGCIL on…