KPI Green Energy has signed contract agreements with SJVN for a 200 MW AC solar project at the GIPCL Renewable Energy Park in Khavda, Gujarat. The deal is valued at Rs 696.50 crore excluding GST and marks a significant addition to the company’s utility-scale solar portfolio. The agreements position KPI Green as the EPC partner…
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…
Inox Wind Limited has divested a stake worth about Rs 175 crore in its engineering, procurement, and construction subsidiary, Inox Renewable Solutions Limited, at a valuation of nearly Rs 7,400 crore. The transaction comes after the stock exchanges cleared the demerger of the substation business from Inox Green and its merger into Inox Renewable Solutions….
On May 27, 2025, the Union Government inaugurated 266 MW of cumulative solar photovoltaic (PV) power projects developed by Gujarat State Electricity Corporation Limited (GSECL). These projects are located at various substations of Gujarat Energy Transmission Corporation (GETCO) across the state. The largest of the inaugurated projects is a 210 MW grid-connected solar PV plant…
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…
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…
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…
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…