KEC International wins Rs 3,243 crore T&D orders
Author: PPD Team Date: September 23, 2025
Author: PPD Team Date: September 23, 2025
KEC International Limited, part of the RPG Group, has secured new contracts worth Rs 3,243 crore in its transmission and distribution segment.
The projects include construction of 400 kV transmission lines in the United Arab Emirates (UAE) and supply of towers, hardware, and poles in the Americas.
With these awards, the company’s year-to-date order intake stands at about Rs 11,700 crore.
Managing Director and Chief Executive Officer Vimal Kejriwal said the UAE contract is the company’s largest engineering, procurement, and construction (EPC) order to date. He added that the Middle East remains a key market, supported by multiple orders received this year.
Author: PPD Team Date: September 21, 2024 ArcelorMittal Nippon Steel (AM/NS) India has launched a value-added steel line, Magnelis, with an investment of nearly Rs 10 billion at its Hazira plant in Gujarat. The production line, with a capacity of 500,000 tonnes per annum, is aimed at solar panel manufacturers. The company is in talks with major customers like Adani Green Energy, Reliance Industries, Sterling & Wilson, and NTPC. AM/NS is also planning a new…
Author: PPD Team Date: December 9, 2024 Meta Platforms has signed four environmental attribute purchase agreements (EAPAs) with Chicago-based energy company Invenergy, securing 760 MW of renewable energy. This brings Meta’s total clean energy procurement from Invenergy to over 1 GW. Meta’s head of global energy, Urvi Parekh, highlighted the company’s commitment to clean energy, stating that surpassing the 1GW milestone demonstrates their dedication to matching growing power needs with renewable energy. The agreements cover…
Author: PPD Team Date: July 2, 2025 Larsen & Toubro (L&T) has incorporated a new wholly-owned subsidiary, Panipat Green Hydrogen Private Limited, to focus on green hydrogen initiatives. Earlier, L&T had also set up L&T Green Energy Kandla Private Limited. This subsidiary is dedicated to developing green hydrogen and its derivatives, including green ammonia. These efforts are part of L&T’s plan to build a comprehensive green energy portfolio. L&T is also investing in electrolyser manufacturing—essential…
Author: PPD Team Date: August 6, 2025 Siemens Energy India reported an 80% year-on-year increase in net profit to Rs 263 crore for the quarter ended June 2025. Revenue from operations rose 20% to Rs 1,785 crore during the same period. New orders nearly doubled, rising 94% year-on-year to Rs 3,290 crore. Operating profit grew 59% to Rs 314 crore, with profit margins improving to 17.6% from 13.3% a year earlier. To support increased demand,…
Author: PPD Team Date: August 7, 2025 CleanMax has secured Rs 400 crore in pre-IPO funding from 360 One Asset Management. The capital will support promoter stake consolidation ahead of the company’s planned public listing. The stake was acquired from Augment Infrastructure and the Danish Investment Fund. The funding is structured as a three-year instrument at 13 per cent interest, with repayment expected through IPO proceeds. A portion will also be used to reduce existing…
Author: PPD Team Date: December 30, 2024 Jakson Group and OMC Power have partnered to implement a 50 MW solar rooftop project valued at Rs 2 billion. This initiative will offset 62,500 tonnes of carbon emissions annually, equal to planting 2.5 million trees. Jakson Group will deploy rooftop systems across all 75 districts of Uttar Pradesh, supporting the state’s clean energy transition.