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Voltamp Transformers secures Rs 2,633.3 million contract from GETCO
Voltamp Transformers Limited has received a Letter of Intent (LoI) valued at Rs 2,633.3 million from Gujarat Energy Transmission Corporation Limited (GETCO) for the design, manufacturing, testing, and supply of various ratings of power transformers. The project, awarded on November 5, 2024, is expected to be completed within 12 months.
SWELECT Energy reports FY26 PAT of Rs 57.58 crore
SWELECT Energy Systems Ltd. reported a consolidated profit after tax (PAT) of Rs 57.58 crore for the financial year ended March 31, 2026, compared to Rs 13.98 crore in the previous fiscal year. The company’s board approved the standalone and consolidated financial results for the quarter ended March 31, 2026 (unaudited) and the full financial…
Axis Energy plans Rs 31,750 crore renewable investment in Odisha
Axis Energy (Axis Energy) has proposed an investment of Rs 31,750 crore in Odisha to develop large scale renewable energy projects across multiple clean energy segments. The proposed investment covers around 5,000 MW of renewable energy capacity. The portfolio includes wind, solar, agri photovoltaics (Agri PV), hybrid power projects, and battery energy storage systems (BESS)….
Uttar Pradesh plans 22 GW solar capacity with Rs 35,000 crore investment
Uttar Pradesh is set to boost its renewable energy capacity with solar projects worth around Rs 35,000 crore. The state aims to reach 22,000 MW by 2027–28, including seven solar parks totaling 3,700 MW. Leading developers such as NHPC, THDC, and Avaada Group are driving these projects. Of the target, 8,000 MW is already operational…
BEE and TERI to establish energy transition centre in Hyderabad
The Bureau of Energy Efficiency (BEE) and The Energy and Resources Institute (TERI) have signed an MoU to set up a Centre of Excellence for Energy Transition (CoEET) in Hyderabad. The centre will focus on research, innovation, and capacity-building in energy transition technologies and policies. Key areas include reducing greenhouse gas emissions, improving energy efficiency,…
Shakti Pumps invests Rs 600 million in EV mobility subsidiary
Shakti Pumps Limited has invested Rs 600 million in its wholly owned subsidiary, Shakti Electric Vehicle (EV) Mobility Private Limited, by subscribing to 6 million equity shares with a face value of Rs 10 each. Last week, Shakti Pumps invested Rs 390 million in the subsidiary by subscribing to 4 million equity shares. Shakti EV…
