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GE Vernova plans $600 million investment in US factories
GE Vernova, an American energy manufacturer, plans to invest nearly $600 million in its US facilities by 2027 to address growing global electricity demands. The investment is for improving energy affordability, national security, and global competitiveness. The investments are part of a $9 billion global capital expenditure and R&D plan announced in December 2024. Key…
Waaree unit acquires minority stake in United Solar Holding
Waaree Solar Americas Inc., a wholly owned subsidiary of Waaree Energies Limited (WEL), has completed the acquisition of 53,68,551 Series B preferred shares of United Solar Holding Inc. for approximately USD 30 million. The transaction, first disclosed in December 2025, closed on March 16, 2026. Investment structure United Solar Holding Inc. is a US-based solar…
Waaree RTL reports EPC expansion, new order and 1,500 MW module deal
Waaree Renewable Technologies Limited (Waaree RTL) and Waaree Energies Limited have announced a project capacity enhancement, a new Engineering, Procurement and Construction (EPC) contract and a major solar module supply order, with all disclosures made in late December 2025 to the stock exchanges. On 30 December 2025, Waaree Renewable Technologies Limited informed the exchanges about…
Patel Engineering reports Q3 FY26 revenue of Rs 1,239 Cr
Patel Engineering Limited (PEL) reported consolidated revenue from operations of Rs 1,239 Cr in Q3 FY26, compared to Rs 1,206 Cr in Q3 FY25, reflecting a 2.81% year-over-year increase. Consolidated net profit for the quarter stood at Rs 71 Cr. As of December 31, 2025, the company’s order book was Rs 15,123 Cr. Consolidated operating…
Advait Energy named L1 bidder for DGVCL conductor project
Advait Energy Transitions Limited has been confirmed as the L1 successful bidder for a turnkey contract to supply and commission medium voltage covered conductors under a Gujarat state government scheme, according to a stock exchange filing dated April 10, 2026. In its filing, Advait Energy stated that the bid relates to Tender Reference DGVCL/SD&P/MVCC/VKY-2/202601 issued…
Torrent Power reports reduced T&D losses in major licensed areas
Torrent Power has reported a reduction in transmission and distribution (T&D) losses across most of its licensed and franchised distribution areas for the first half (April to September) of FY25. In the Ahmedabad/Gandhinagar licensed area, T&D losses dropped from 6.30% in H1 FY24 to 4.50% in H1 FY25. Similarly, losses in the Dadra Nagar Haveli…
