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GE Vernova, L&T and Bondada report strong Q3 FY26 performance
GE Vernova T&D India Limited, Larsen and Toubro Limited (L&T), and Bondada Engineering Limited reported strong quarterly financial and order book performance, supported by higher order inflows, improved execution and margin expansion across power and infrastructure segments. GE Vernova T&D India reported a 58% year on year increase in revenue to Rs 17.0 billion, while…
TPCL tops service ratings but ranks 40th overall in DISCOM index
The Tata Power Company Limited (TPCL) has received the highest consumer service rating among distribution utilities in India, yet ranks 40th overall in combined performance rankings. In the fifth edition of the Consumer Service Rating of DISCOMs (CSRD), published by REC Limited, TPCL scored 97.1 out of 100 and secured an A+ grade. It ranked…
Power Mech secures Rs 370 crore order from Adani Power
Power Mech Projects Limited has received an order worth Rs 370.84 crore from Mahan Energen Limited, a subsidiary of Adani Power Limited. The contract covers civil works and the erection of prefabricated structural steel for units 1 and 2 of the Mahan Phase-III power project at Singrauli, Madhya Pradesh. The scope of work includes the…
Ambala Cantonment gets major power distribution upgrade under RDSS
Haryana’s Energy Minister Anil Vij has inaugurated a major electricity distribution upgrade project in Ambala Cantonment, stating that it will significantly strengthen the city’s network. The initiative is funded under the Revamped Distribution Sector Scheme (RDSS), with an estimated cost of Rs 38 crore. Speaking to residents in Kabari Bazaar, the minister said the project…
Mufin Green Finance raises Rs 900 million through listed NCD issuance
Mufin Green Finance Limited has raised Rs 900 million through a private placement of secured, rated and listed non convertible debentures. The proceeds will support the company’s rooftop and commercial solar installations, electric mobility initiatives and health insurance premium financing. The company issued 9,000 non convertible debentures priced at Rs 0.1 million each. The instruments…
Coal Ministry to launch online exploration module on 4 July
The Ministry of Coal will launch a new Exploration Module on 4 July 2025 through its Single Window Clearance System (SWCS). Developed by CMPDIL, the module will digitize the full coal exploration process. Allottees can now submit exploration proposals online. The Ministry will review and approve them through a single interface with real-time tracking and…
