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MEIL secures EPC contract for 120 MW Rokhia power project

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Megha Engineering and Infrastructures Limited (MEIL) has received a Notification of Award (NoA) worth Rs 11,913.01 million for the engineering, procurement, and construction (EPC) package of the 120 MW Combined Cycle Gas Rokhia Power Plant. The contract is part of the Tripura Power Distribution Strengthening and Generation Efficiency Improvement Project. Bids for the project were invited by Tripura Power Generation Limited (TPGL) in March 2023. The work is scheduled to be completed within 36 months….

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Bajel Projects wins Rs 4 bn transmission order from PGCIL unit

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Bajel Projects Ltd has secured a key engineering, procurement and construction (EPC) contract from Kurnool-IV Power Transmission Ltd, a subsidiary of Power Grid Corporation of India Ltd (PGCIL). The order involves building a 765kV double-circuit transmission line connecting Kurnool-IV substation to Kurnool-III Pooling Station (PS), both located in Andhra Pradesh. The line is expected to cover about 250 circuit kilometers (ckm). The project is part of the larger “Transmission system for integration of Kurnool-IV REZ…

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Polycab India records 12% growth in wires and cables business in Q3 FY25

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Polycab India Ltd reported a 12% YoY growth in its wires and cables segment for Q3 FY25. While cable demand remained strong, copper price declines and high channel inventory led to a slowdown in the wires business.  The international segment saw a remarkable 62% YoY growth, contributing 8.3% to total revenue. EBIT margins rose by 120 basis points QoQ to 13.5%, driven by normalised wires margins and the international business’ strong performance. The EPC business…

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Kalpataru Projects secures Rs 10.11 billion orders

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Kalpataru Projects International Limited (KPIL) and its international subsidiaries have secured new orders worth Rs 10.11 billion. These orders span multiple sectors, including: Transmission & Distribution (T&D) business in overseas markets Railway business in India Buildings & Factories (B&F) business in India Manish Mohnot, MD & CEO of KPIL, expressed satisfaction with the strong order inflows, which have bolstered the company’s order book, with year-to-date (YTD) inflows surpassing Rs173 billion. 85% of these orders come…