Kansai Transmission and Distribution to Invest ₹160 Cr in OMC Power, to acquire 10% Stake for Strengthening India’s Distributed Renewable Energy Infrastructure
New Delhi: In a landmark development for India’s clean energy generation and distribution landscape, Japan’s leading energy utility company Kansai Transmission and Distribution (KTD) has signed an investment agreement for approximately INR 160 crore with OMC Power. OMC is one of India’s pioneering distributed renewable energies (DRE) utilities enabling last‑mile energy transition at the grassroots. […]
Jindal Steel Declared Preferred Bidder for Rengalaberha North-East Extension and Nuagan West Iron Ore Block in Odisha
New Delhi: Jindal Steel has been declared the preferred bidder by the Government of Odisha for the Rengalaberha North-East Extension and Nuagan West Iron Ore Block in Keonjhar district. The iron ore block spans approximately 84 hectares. Following the successful conclusion of the online auction, Jindal Steel has committed to a final price offer of […]
ACME Solar signs PPAs for 450 MW / 1800 MWh ISTS Connected Assured Peak Power Project
GURUGRAM: ACME Solar Holdings Limited (ACME Solar) through its subsidiary, ACME Greentech Seventh Private Limited, has signed two Power Purchase Agreements (PPAs) with SJVN for a total capacity of 450 MW/1,800 MWh. The PPAs has been signed for a tenor of 25 years on 2 March 2026. The tender (Tranche-FDRE-4) was issued under Tariff-Based Competitive […]
Bihar: EIEL Receives Order under AMRUT 2.0 for EPC of Aurangabad Sewerage Network and STP Scheme
New Delhi: Enviro Infra Engineers Limited (NSE: EIEL, BSE: 544290), a prominent EPC Player in Water & Waste-Water Treatment across PAN India, has secured a new Project from Bihar Urban Infrastructure Development Corporation Limited for Aurangabad Sewerage Network and STP under AMRUT 2.0, as per the following details: (I) EPC of 20 MLD Sewage Treatment […]
Apollo Provides $500 Million of Senior Secured Private Placement to Adani Energy Solutions for Subsidiary’s Transmission Assets
New Delhi: Apollo (NYSE: APO) today announced that Apollo-managed funds, affiliates and other long-term investors have purchased $500 million of investment-grade rated senior secured private placement notes from ATSOL Global IFSC Limited, a subsidiary of Adani Transmission Step One Limited, (“ATSOL”), itself a subsidiary of one of India’s largest private-sector power transmission and distribution company, […]
KEC International Wins New T&D Orders of Rs. 1,476 Crores
Mumbai: KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs. 1,476 crores for Transmission & Distribution projects in India, the Middle East, Africa and the Americas: 380 kV Transmission lines, Substations and EHV Cabling (Composite order) in Saudi Arabia 132 kV Transmission lines in Africa Supply […]
Servotech and Electra EV Secure Joint Patent for Low-Voltage Electric Vehicle Charging Device
New Delhi: Servotech Renewable Power System Ltd. (NSE: SERVOTECH), in collaboration with Electra EV, has been granted a patent by the Indian Patent Office for an innovative ‘Electric Vehicle Charging Device’. The newly patented technology is designed to enable reliable and efficient charging solutions specifically for low-voltage electric vehicles, addressing a critical need within India’s […]
SEBI Chairman Tuhin Kanta Pandey Points to AIFs as Key Pillar in India’s Capital Formation Journey
Mumbai: Delivering a defining keynote at the 15th edition of the IVCA Conclave 2026, Tuhin Kanta Pandey, Chairperson of the Securities and Exchange Board of India (SEBI), outlined a forward-looking regulatory agenda for India’s alternative investment fund (AIF) ecosystem, anchored in trust, governance, and responsible scale. During his keynote address, themed “The Evolving Agenda for […]
IREDA Celebrates 40th Foundation Day, CMD PK Das Emphasises Governance, Skills and Future Expansion
New Delhi: Indian Renewable Energy Development Agency Ltd. (IREDA) celebrated its 40th Foundation Day today at its Business Centre in New Delhi, marking 39 years of its journey in advancing renewable energy financing in India. Addressing employees through a virtual platform, Pradip Kumar Das, Chairman & Managing Director, reflected on IREDA’s remarkable journey and acknowledged […]
SAIL posts best-ever Apr’25 – Feb’26 Sales, expands product portfolio with reintroduction of chequered plates
New Delhi: Steel Authority of India Limited (SAIL), the largest public sector steel producing Maharatna company, has clocked the best ever sales in FY’26 during the Apr – Feb (11 month) period. The company achieved record total sales of 18.24 million tonnes (MT), registering a 14% year-on-year (y-o-y) growth. During the same period, SAIL also […]