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Europe pushes to boost industrial competitiveness and decarbonization
Eurelectric, along with CEFIC (European chemicals) and European Aluminium, have outlined six key measures for improving Europe’s industrial competitiveness and advancing its decarbonization efforts. The measures were discussed during the Antwerp Dialogues, a forum gathering industry representatives, power sector stakeholders, NGOs, unions, and think tanks. The Antwerp Declaration calls for urgent actions to reduce energy…
Diamond Power approves Rs 2,000 crore QIP fundraising plan
Diamond Power Infrastructure Limited has approved a proposal to raise up to Rs 2,000 crore through a Qualified Institutions Placement (QIP), doubling its earlier fundraising limit of Rs 1,000 crore. The decision was taken by the company’s Board of Directors at its meeting held yesterday. The proposed fundraising will be carried out through the issuance…
News | Generation | IndiaDEE Development secures Rs 207 crore power sector order
DEE Development Engineers Limited has received a letter of intent for an order worth Rs 206.55 crore, excluding GST, from a Maharatna public sector undertaking operating in the power sector. In a stock exchange filing, the company said the customer is a Maharatna-class engineering, procurement and construction (EPC) conglomerate. However, the name of the awarding…
CESHS drills Northeast India’s first geothermal production well in Dirang
The Centre for Earth Sciences and Himalayan Studies (CESHS) has drilled a geothermal production well in Dirang. The project will be implemented in West Kameng district of Arunachal Pradesh. Dirang is located in a medium-to-high enthalpy geothermal zone with underground temperatures around 115°C. The site’s geological features allow for efficient drilling with limited environmental impact….
Surana Solar acquires Surana Technologies
Surana Solar Limited has acquired a 100% stake in Surana Technologies Private Limited, making it a wholly-owned subsidiary. Surana Technologies, with an authorized, subscribed, and paid-up capital of Rs 100,000, operates in the solar energy sector, specializing in trading, distribution, supply, generation, transmission, and manufacturing of solar products. This acquisition aligns with Surana Solar’s strategy…
BAJEL Projects wins 99 km transmission line contract in Rajasthan
BAJEL Projects Limited, formerly Bajaj Electricals Limited, has secured the contract for Transmission Line Package TL04. The package involves the construction of the 400 kV double circuit (quad) Siwani–Jind (PG) transmission line spanning 99 km. The project is part of the transmission system for the evacuation of 6 GW of renewable energy under the Rajasthan…
