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Rajesh Power Services bags Rs 653 crore PGVCL underground cabling orders
Rajesh Power Services Limited (RPSL) has secured turnkey orders worth Rs 653.12 crore, including taxes, from Paschim Gujarat Vij Company Limited (PGVCL) for underground power distribution works in Gujarat. The contracts involve converting existing 11 kV high tension (HT) and low tension (LT) overhead distribution networks into underground cable systems with Ring Main Systems (RMS)….
TCL Solar and Grid Africa to deploy distributed energy in Zimbabwe and Zambia
TCL Solar has partnered with Grid Africa to develop 100 MW of distributed solar photovoltaic and battery storage systems across Zimbabwe and Zambia. The initiative will focus on enhancing energy access for critical sectors such as telecom, data centres, and commercial and industrial consumers. Grid Africa, a pan-African distributed energy developer, aims to deliver scalable…
Saatvik Green wins MSEDCL order for solar pumps in Maharashtra
Saatvik Green Energy Limited has received a letter of award from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the installation of 1,500 solar water pumping systems under the Magel Tyala Saur Krishi Pump Yojana (MTSKPY) and the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) Component B Scheme for 2025–2026. The project will…
ACME Solar commissions 1,023 MW solar projects in Rajasthan
ACME Solar has commissioned four co-located ISTS-connected solar projects totaling 1,023 MW in Rajasthan’s Jaisalmer district. The 1,200 MW capacity project already has a 25-year power purchase agreement with the Solar Energy Corporation of India (SECI) at a tariff of Rs 2.44 per kWh. The remaining 177 MW of the project is in the commissioning…
IEX Q3 profit rises 16.9% to Rs 1,073 million
Indian Energy Exchange (IEX) reported a profit after tax of Rs 1,073 million for the quarter ended December 2024, a 16.9% increase from Rs 918 million in the same period last year. The company’s consolidated revenue grew by 13.7% to Rs 1,605 million in Q3 FY2024, compared to Rs 1,412 million during the corresponding quarter…
Salzer Electronics wins Rs 500 million smart meter order
Salzer Electronics Ltd has secured a Rs 500 million smart meter order from a leading advanced metering infrastructure service provider (AMISP) in India. This follows a Rs 50 million order last month from the same customer. With a production capacity of 4 million smart meters, Salzer’s Tamil Nadu facility is ready to meet rising demand. …
