Sugs Lloyd has emerged as the lowest bidder for two Bihar government projects worth Rs 3 billion.
The contracts include the supply, installation, testing, and commissioning (SITC) of a power substation along with high-tension (HT) and low-tension (LT) lines.Â
CEO Satyakam Basu expressed excitement over this milestone, noting that the company is considering an IPO to expand operations and fulfil working capital needs.
Hariom Pipe Industries Limited (HPIL) has secured a Letter of Award (LoA) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to develop 60 MW decentralised solar power projects under the Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) 2.0. The award was issued on March 4, 2025. The project involves developing, designing, engineering, procuring, constructing, commissioning, and…
Transrail Lighting Limited has announced new orders worth Rs 837 crore, comprising a domestic transmission line EPC contract and an international product supply order. Randeep Narang, Managing Director and Chief Executive Officer, said the strong intake reflects the company’s execution strength and expanding customer base. He noted that the domestic order was awarded by a…
vHive has announced a new platform for autonomous offshore wind turbine inspections, leveraging off-the-shelf drones to eliminate the need for costly hardware and specialised teams. Traditionally, offshore wind turbine inspections are complex and expensive, requiring advanced equipment and expertise due to harsh weather and fluctuating sea conditions. vHive’s platform overcomes these challenges by enabling companies…
Tasmania’s first large-scale solar photovoltaic (PV) project, the 288 MW Northern Midlands solar farm, has signed an offtake agreement with state-owned utility Hydro Tasmania, committing to purchase 100% of the energy generated by the A$500 million (US$325 million) project near Launceston. The farm, developed by TasRex in partnership with investment manager Birdwood Energy, is expected…
Kosol Energie Private Limited has secured a Rs 4.85 billion contract for the engineering, procurement, and construction (EPC) package of the 100 MW Gujarat Solar PV Project – Phase XII under Gujarat Urja Vikas Nigam Limited (GUVNL). The Letter of Award (LoA) was issued on February 20, 2025. Coal India Limited (CIL) had invited bids…
The Delhi High Court has upheld a Rs 1.15 billion arbitration award in favor of Bharat Heavy Electricals Limited (BHEL) in a dispute with RattanIndia Power Limited over the Nasik Thermal Power Project Phase I. The ruling, delivered on March 6, 2025, reinforces BHEL’s claim, including an 18% annual interest from 30 days after the…