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.
Servotech Renewable Power System Ltd. and the Chamber of Indian Micro, Small & Medium Enterprises (CIMSME) have signed a Memorandum of Understanding (MoU) to promote solar energy adoption across India. Under the initiative, 100,000 solar rooftop systems will be installed in homes by 2026 in support of the PM Surya Ghar Muft Bijli Yojana. A…
The Competition Commission of India (CCI) has approved Tata Electronics (TEPL) to acquire a 60 per cent stake in Pegatron India, the Indian arm of Taiwan’s Pegatron Corporation. The acquisition, which will occur in two phases, is part of Tata Electronics’ strategy to expand its presence in high-precision manufacturing and electronics services. Pegatron India, located…
India recorded a peak power demand of 245,416 MW in January 2026, with the national grid maintaining frequency within the standard band for over 78% of the time, according to the monthly operational report released by Grid Controller of India Limited (Grid-India). The all-India peak demand of 245,416 MW was recorded on January 9, 2026…
Poland’s Ministry of Climate and Environment has finalized its long-awaited energy storage subsidy program to support the deployment of more than 5 GWh of energy storage across the country. The new regulation was published in the Journal of Laws of the Republic of Poland on March 7, setting the stage for the National Fund for…
Dineshchandra R Agrawal Infracon Private Limited (DRAPL) has been awarded the contract to act as the Transmission Service Provider (TSP) for the Transmission System for evacuation of power from Rajasthan Renewable Energy Zone (REZ) Phase IV (Part 4: 3.5 GW): Part B. The project will be developed under the Tariff-Based Competitive Bidding (TBCB) process on…
SPML Infra Limited has completed Phase-I of its battery energy storage system (BESS) manufacturing facility at SUPA MIDC in Pune, Maharashtra, comprising a 2.5 GWh assembly line. The company is progressing with IEC/UL certifications for battery packs to be supplied against its NTPC order and is targeting billing in Q4 FY27, subject to necessary approvals….