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Advait Infratech saw a 1.82% rise in its stock price after securing an order from Gujarat Energy Transmission Corporation (GETCO) to supply and install HTLS conductors. The project involves upgrading two power lines to increase ampacity and is expected to be completed within six months. This milestone comes amid a 21.1% decline in the company’s net profit for Q2 FY25.
NTPC has achieved a 3.82% growth in power generation for Q3 FY25, reflecting strong operational performance. With an added 2,724 MW capacity in 2024 and a significant focus on renewable energy, NTPC is well on track to meet its goal of 60 GW in renewables by 2032. Explore the company’s latest financial results and its strategic role in India's energy future.
SJVN has partnered with the Government of Bihar to develop the Hathidah Durgawati Pumped Storage Project, a 1,000 MW hydropower initiative. This project will enhance Bihar’s energy capacity, generate 6.3 million units of peak energy daily, and create thousands of jobs, while attracting significant investment to the region.
Texmaco Rail & Engineering has won a Rs. 187 crore order from Chhattisgarh State Power Transmission Co. to construct nine 132kV transmission lines. This turnkey project, spanning 291 km, will enhance the state’s power infrastructure and strengthen Texmaco's position in the energy sector.
KKR has reduced its stake in India Grid Trust by 2.6%, selling units worth Rs 277 crore. Despite a slight dip in stock price, IndiGrid continues to show strong financial performance and plays a vital role in India's growing power infrastructure. Explore the details of the transaction and what it means for the company’s future.
Welspun Corp’s stock soared to a record high following the announcement of two significant orders for coated pipes used in US natural gas pipeline projects. With a total order value exceeding Rs 7,000 crore, the company is poised for strong growth in the US market, despite recent challenges in its financial performance. Find out how these new contracts are shaping Welspun's future prospects.
Power Mech Projects has secured a significant Rs 510 crore contract from Adani Power for the Raipur Phase II Ultra Supercritical Thermal Power Project. This order highlights the company's strong position in the infrastructure sector, with promising growth prospects backed by robust financial performance and strategic project wins.
BHEL and Hitachi Energy have secured the Khavda Nagpur HVDC project, a crucial step in India’s renewable energy transition. This high-voltage transmission initiative will help evacuate 8GW of renewable power, supporting India’s 500GW green energy target by 2030. Discover how this landmark project is boosting the companies' market performance and shaping India’s energy future.
Introduction: Cochin Shipyard Limited saw a huge four.89% growth in its inventory fee, ultimate at Rs 1,362 following the assertion of a strategic partnership with Seatrium Letourneau USA, Inc. (SLET). […]
L&T Energy CarbonLite Solutions has won significant contracts from NTPC to develop two thermal power plants in Madhya Pradesh and Bihar, valued at over Rs 15,000 crore. These ultra-mega projects will add 4,800 MW to India's power grid, enhancing energy security and supporting regional growth. Discover how this strategic win strengthens L&T's position in the energy sector and contributes to India's growing energy needs.