|

Sterlite Power and Infravision partner to modernize India’s power transmission infrastructure

By

Sterlite Power has teamed up with Infravision to modernize India’s power transmission infrastructure using advanced, technology-driven construction methods.  India’s plan to build 50,000 ckm of transmission lines by 2030 underscores the need for efficient, scalable solutions, and Sterlite Power aims to be a key player in this transformation. Through this partnership, Infravision will provide its innovative transmission construction technology to support 100% of Sterlite Power’s stringing needs across high-voltage projects, ranging from 400 kV to…

|

Patel Engineering reports 151% profit surge in Q2 FY25

By

Patel Engineering Limited announced a net profit increase of 151% year-over-year for Q2 FY25.  For the quarter ending September 30, 2024, the company reported a revenue increase of 14.98%, reaching Rs 11,743 million, driven by progress in hydropower, irrigation, and tunnelling projects. The operating EBITDA rose by 15.8% to Rs 1,622 million, while the net profit margin improved to 6.88%. The company’s order book stood at Rs 172,607 million, with Patel Engineering recently being declared…