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BatteryPool raises Rs 8 crore in Pre-Series A round
BatteryPool, an Indian startup offering flexible, pay as you go battery access for electric vehicles, has raised Rs 8 crore in a Pre-Series A funding round. The investment was led by Inflection Point Ventures (IPV), with participation from Indian Angel Network (IAN), Chennai Angels, Keiretsu Forum, and several high net worth individuals. The company currently…
Northleaf Capital exits Mula solar plant in Spain
Northleaf Capital Partners has sold its majority stake in the 494 megawatts peak (MWp) Mula photovoltaic solar plant in Murcia, Spain, to China Three Gorges Spain, a subsidiary of the China Three Gorges Corporation. The deal, executed with minority partner Qualitas Energy, includes the sale of a 100% equity interest and is part of Northleaf’s…
Oswal Pumps posts strong revenue growth in 9M FY26
Oswal Pumps Limited reported strong financial performance for the third quarter and the first nine months of FY26. For the nine-month period ended FY26, total income rose to Rs 15,692 million, reflecting a 47.0% increase compared to the same period last year. Profit after tax (PAT) stood at Rs 2,837 million, translating into a margin…
REC completes transfer of two power transmission subsidiaries
REC Limited, through its wholly owned arm REC Power Development and Consultancy Limited (RECPDCL), has transferred two special purpose vehicles (SPVs) under the tariff-based competitive bidding process. The transaction was completed on October 17, 2025. Ananthapuram II Power Transmission Limited was acquired by Shivalaya Construction Limited, while SR WR Power Transmission Limited was taken over…
Jakson Group and OMC Power partner for solar rooftop project in Uttar Pradesh
Jakson Group and OMC Power have partnered to implement a 50 MW solar rooftop project valued at Rs 2 billion. This initiative will offset 62,500 tonnes of carbon emissions annually, equal to planting 2.5 million trees. Jakson Group will deploy rooftop systems across all 75 districts of Uttar Pradesh, supporting the state’s clean energy transition.
CG Power wins its largest-ever single order of Rs 641 crore
CG Power and Industrial Solutions Limited has secured its largest-ever single order — a Rs 641-crore contract from Power Grid Corporation of India Limited (PGCIL). The order is for 765kV Transformer Package 7TR-12-Bulk. It covers the supply of 765/400kV single-phase transformers under a corporate procurement package. PGCIL had invited bids for this in December 2024….
