Kalpataru Projects International, along with its international subsidiaries, has secured new orders worth Rs 2.17 billion in India and overseas. 

The contracts include the design and construction of an elevated metro rail project in India, transmission & distribution (T&D) projects in India and abroad, as well as a residential building project in India.

With these new orders, Kalpataru’s year-to-date order inflows have exceeded Rs 16.3 billion, with nearly 85% of the intake stemming from its T&D and B&F businesses.

Similar Posts

|

Sekura Energy acquires 350 MW solar assets from O2 Power for Rs 20 billion

By

Sekura Energy, the energy platform owned by Edelweiss Alternatives, has acquired 350 MW of operational solar assets from O2 Power in Madhya Pradesh for Rs 20 billion. These assets were developed under the Rewa Ultra Mega Solar (RUMSL) initiative, a joint venture between Solar Energy Corporation of India (SECI) and Madhya Pradesh Urja Vikas Nigam (MPUVNL). Petronas-owned Gentari was also in contention for the acquisition. In 2021, Beempow Energy, a subsidiary of O2 Power, secured…

|

Waaree Renewable incorporates subsidiaries for solar and wind energy projects

By

Waaree Renewable Technologies Limited has established two wholly owned subsidiaries, Sunsational Solar Private Limited and Sunsational Energy Private Limited. These subsidiaries will focus on the generation, transmission, distribution, and sale of electricity from non-conventional energy sources like solar and wind power. In addition to developing and operating power plants, the subsidiaries will provide engineering, procurement, and construction (EPC) services for renewable energy projects across India. They also plan to develop solar parks and renewable energy…

| |

Report: Power supply and allocation updates for July 2024

By

In July 2024, India’s energy requirement was 150,207 MU, and the energy supplied was 149,852 MU, resulting in a deficit of 355 MU. The Northern Region had the highest energy requirement at 54,849 MU, with a supply of 54,580 MU, leading to a shortfall of 269 MU. The Western Region required 41,066 MU and supplied 41,036 MU, facing a deficit of 30 MU. The Southern Region’s requirement was 33,352 MU, and it met almost all…

|

Servotech partners with Ensmart Power to expand EV charger business in UK

By

Servotech Power Systems has announced a collaboration with UK-based Ensmart Power to expand its electric vehicle (EV) charger business in the UK and North America.  The partnership aims to leverage Servotech’s innovative EV charging solutions and Ensmart Power’s expertise in energy storage and distribution to develop a reliable and accessible EV charging infrastructure in these regions. The companies have signed a sole distribution agreement to enhance the distribution of EV chargers, focusing on supporting green…

|

KEI Industries approves Rs 20 billion QIP proposal

By

KEI Industries Ltd’s board of directors has approved a proposal to raise Rs 20 billion through a qualified institutional placement (QIP). The funds will be raised via the issuance of equity shares or other eligible securities, subject to shareholder and regulatory approvals. A “Fund Raising Committee” has been formed to finalize the QIP’s terms and conditions. In its financial results for H1FY25 (April to September), KEI Industries reported: Domestic institutional sales of wire and cable…

|

India’s renewable energy sector poised to drive economic growth: Pralhad Joshi

By

Union Minister Pralhad Joshi emphasized the rapid growth of India’s renewable energy sector and its potential to significantly boost the economy. Speaking at the BNEF Summit, Joshi highlighted the Modi government’s initiatives to promote renewable energy, including competitive industry structures and low solar power costs due to India’s abundant sunny days. The minister stressed that India’s path to decarbonization lies in meeting incremental electricity demand with non-fossil fuel sources, for which large-scale grid storage solutions…

Leave a Reply

Your email address will not be published. Required fields are marked *