Polycab incorporates EPC arm Polycon Infra Projects
Author: PPD Team Date: April 27, 2026
Author: PPD Team Date: April 27, 2026
Polycab India Limited has incorporated a wholly owned subsidiary, Polycon Infra Projects Private Limited (PIPPL), effective April 24, 2026. The new entity will serve as an extension of the parent company, focusing on engineering, procurement and construction (EPC) projects in power distribution, transmission and telecom.
PIPPL has been established with an authorised capital of Rs 1 crore and a paid-up capital of Rs 10 lakh. Polycab India Limited holds 100% of the equity, having subscribed to one lakh equity shares with a face value of Rs 10 each, aggregating to Rs 10 lakh.
The incorporation supports Polycab’s expansion into EPC project execution in the power infrastructure segment, complementing its existing business in cables, wires and electrical products.
The featured photograph is for representation only.
Author: PPD Team Date: October 17, 2025 The Competition Commission of India (CCI) has cleared the proposed acquisition of Jaiprakash Associates Limited (JAL) by Vedanta Limited under the corporate insolvency resolution process (CIRP) of the Insolvency and Bankruptcy Code, 2016. Vedanta, a subsidiary of Vedanta Resources Limited, operates across multiple sectors including oil and gas, zinc, lead, silver, copper, iron ore, steel, nickel, aluminium, and power. JAL, the flagship company of the Jaypee Group, is…
Author: PPD Team Date: October 15, 2025 The Ministry of New and Renewable Energy (MNRE) has updated the Approved List of Models and Manufacturers (ALMM) for solar photovoltaic modules, adding 6,922 MW of new capacity. With this revision, the cumulative capacity under the ALMM now stands at 116,467 MW. The latest update, listed as Revision XLIII and dated October 13, 2025, introduces new manufacturers and expanded capacities for several existing ones. Five new manufacturing facilities…
Author: PPD Team Date: February 10, 2025 A consortium of Hitachi Energy India Ltd and Bharat Heavy Electricals Ltd (BHEL) has received a Letter of Intent (LoI) from Rajasthan Part I Power Transmission Ltd, a wholly-owned subsidiary of Adani Energy Solutions Ltd (AESL) for the Rajasthan high-voltage direct current (HVDC) transmission project. The project involves setting up two HVDC line-commutated converter (LCC) terminal stations of 6,000 MW each at Bhadla and Fatehpur. Additionally, an 800…
Author: PPD Team Date: June 23, 2025 Larsen & Toubro (L&T) has secured land in Kandla, Gujarat, for setting up green hydrogen and green ammonia production facilities. The initiative will be developed through L&T Green Energy Kandla Private Limited, a new entity incorporated in April 2025, under its wholly-owned subsidiary, L&T Energy Green Tech Limited. The company will focus on producing green hydrogen and its derivatives, such as green ammonia. Located close to Gujarat’s industrial…
Author: PPD Team Date: September 18, 2025 Power Grid Corporation of India Limited (POWERGRID) has been awarded the project to develop an inter-state transmission system under the tariff-based competitive bidding (TBCB) process. The Letter of Intent was issued to the company on 16 September 2025. The project, titled “Inter-regional (NR-WR) transmission system strengthening to relieve the loading of 765 kV Vindhyachal-Varanasi D/c line,” will be developed on a Build, Own, Operate and Transfer basis. The…
Author: PPD Team Date: February 17, 2026 Hartek Group’s power systems business unit has secured cumulative orders worth Rs 735 crore across the utility, Independent Power Producer (IPP), and industrial segments. The contracts cover substation and transmission infrastructure projects ranging from 66 kV to 765 kV. The projects are located across multiple states and expand the company’s transmission portfolio. The orders span Jammu, Punjab, Haryana, Gujarat, Rajasthan, Madhya Pradesh, Maharashtra, Karnataka and Andhra Pradesh. The…