Shakti Pumps Limited has invested Rs 40 million in its wholly owned subsidiary, Shakti Energy Solutions Private Limited (SESPL), by subscribing to 40 million equity shares with a face value of Rs 1 each.
The investment aims to expand SESPL’s business operations to align with Shakti Pumps’ growth strategy.
Andhra Pradesh has prepared a long-term transmission roadmap to support the expanding data centre ecosystem in and around Visakhapatnam, with electricity demand projected to reach nearly 15 GW over the next decade. The plans were reviewed by Special Chief Secretary (Energy) K. Vijayanand through a video conference from Vidyut Soudha, attended by senior officials of…
Ravindra Energy Limited (REL) received a Letter of Award (LoA) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for setting up 44 MW of decentralized solar power projects in Maharashtra on January 16, 2025. The project involves the development of 44 MW across 15 substations of MSEDCL for feeder-level solarization under MSKVY 2.0, part of…
UltraTech Cement Limited is expanding its use of electric trucks, contracting 100 EV trucks to transport 75,000 tonnes of clinker monthly over a 400-km roundtrip between its Dhar Cement Works in Madhya Pradesh and Dhule Cement Works in Maharashtra. This initiative is projected to cut carbon emissions by 17,000 tonnes annually. The move builds on…
Alpex Solar Ltd has secured a domestic order worth Rs 215.20 crore, excluding GST, for the supply of high efficiency solar modules. The company said the contract will be executed over a six month period. The order has been awarded by an undisclosed domestic industry player. Alpex Solar stated that the scope of work involves…
Sterling and Wilson Renewable Energy Limited has disclosed the liquidation of Sterling and Wilson Kazakhstan LLP, effective March 2, 2026. The company received the formal liquidation order on March 6, 2026. Sterling and Wilson Kazakhstan LLP operated as a step-down subsidiary of the listed company. The entity was held through Sterling and Wilson Singapore Pte….
Hithium Energy Storage Technology has partnered with Nabilah AlTunisi’s company, MANAT, to launch a joint venture named Hithium MANAT. The venture will establish a battery energy storage systems (BESS) manufacturing facility with a 5 gigawatt-hour (GWh) annual production capacity in Saudi Arabia. This marks one of the first advanced BESS manufacturing plants in the Kingdom…