TRIL and Ashoka Buildcon secure transmission and transformer contracts
Author: PPD Team Date: March 12, 2025
Author: PPD Team Date: March 12, 2025
Transformers and Rectifiers India Limited (TRIL) has secured a Rs 2,720 million contract from Adani Group for the supply and manufacturing of transformers and reactors, along with related work. The project is expected to be completed by FY 2027.
Ashoka Buildcon Limited has received a Letter of Acceptance (LoA) worth Rs 3,119.2 million (including GST) for the supply, erection, testing, commissioning (ETC), and civil work for the construction of a 400/220 kV substation at Nandgaon Peth, Amravati district, along with associated transmission lines (TLs). The contract, awarded by Maharashtra State Electricity Transmission Company (MSETCL), was tendered in September 2024. The project is expected to be completed in 18 months.
Author: PPD Team Date: December 16, 2025 APAR Industries Limited has announced a change in leadership for its Cable Solutions division, following the resignation of the outgoing Chief Executive Officer and the appointment of a new head. Mr Shashi Amin, Chief Executive Officer for Cable Solutions, resigned from his role effective at the close of business hours on December 12, 2025. The company stated that his resignation was to pursue new challenges and opportunities outside…
Author: PPD Team Date: April 15, 2025 Havells India Limited has signed a binding term sheet to invest Rs 6 billion in Goldi Solar Private Limited. This investment is part of Goldi Solar’s proposed fundraise of up to Rs 13 billion, expected to close within 75 days from the announcement. The move aligns with Havells’ broader strategy to grow its footprint in the renewable energy sector. It aims to offer integrated solutions across energy generation,…
Author: PPD Team Date: March 10, 2026 Tata Power has completed the first tranche of its strategic investment in Dorjilung Hydro Power Limited (DHPL), acquiring a 40% equity stake in the company formed to develop the 1,125 MW Dorjilung Hydro Power Project in Bhutan. The investment of Rs 50 crore represents the initial phase of a total planned investment of about Rs 1,572 crore. In a regulatory filing to the stock exchanges, Tata Power stated…
Author: PPD Team Date: October 30, 2025 Hartek Power has commissioned a 300 MWAC (435 MWp DC) ground-mounted solar photovoltaic project in Rajasthan. The project, valued at Rs 4.74 billion, was awarded by a global renewable energy independent power producer. Spread across 1,209 acres, the project marks a major addition to Rajasthan’s renewable energy capacity and supports India’s clean energy targets set by the Ministry of New and Renewable Energy (MNRE). Hartek Power stated that…
Author: PPD Team Date: March 3, 2026 Oswal Solar Energy Private Limited, a wholly owned subsidiary of Oswal Pumps Limited, has secured an order worth approximately Rs 39.40 crore (including GST) for the installation of 7.46 MWp of grid-connected rooftop solar plants in Andhra Pradesh. The contract has been awarded by M/s Swashakthi Energy for the installation of solar systems for 3,729 Scheduled Caste (SC) and Scheduled Tribe (ST) consumers under the PM Surya Ghar:…
Author: PPD Team Date: November 21, 2025 KEC International has clarified that a recent communication from Power Grid Corporation of India will not affect ongoing contracts or materially impact its financial position. The company said the restriction bars it from participating in Power Grid tenders for nine months, but this will not influence the execution of existing transmission projects. In a press release dated November 19, 2025, the company said its Year to Date order…