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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.
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.
Lakshya Powertech’s stock surged 6.47% after securing a Rs 3.64 crore order for diesel generator installations at Nxtra Data Centre. With a remarkable financial performance in FY24, the company is poised for continued growth in the energy sector.
Bajel Projects Ltd, a subsidiary of the Bajaj Group, has secured a significant contract to construct a new 400/220 KV Solapur substation in Maharashtra. This milestone strengthens the company’s position in the power transmission sector, following a strong financial performance with increased revenues and profitability in the latest quarter.
Hartek Group has recently announced the successful acquisition of a significant 765 KV power systems project from Power Grid Corporation of India. This milestone complements their ongoing 300 MW energy project and highlights Hartek's commitment to renewable energy, having surpassed 10 GW in solar capacity. Explore how these developments position Hartek as a key player in India's energy transition and infrastructure enhancement.
Hindustan Zinc Ltd. has played a pivotal role in India’s energy infrastructure by supplying high-grade zinc for the country’s heaviest transmission pole structure. Standing 57 meters tall and weighing over 200 tonnes, this pole is a key element of the 400 kV Quad Moose DC Transmission Lines Project for the Pinnapuram Integrated Renewable Energy with Storage Project in Andhra Pradesh. Explore how this partnership enhances India's power grid and supports its renewable energy ambitions.
Bharat Heavy Electricals Ltd (BHEL) has clinched a major contract worth over Rs 11,000 crore with Adani Power and its subsidiary Mahan Energen Ltd. This deal involves supplying critical equipment and supervising the setup of three advanced thermal power projects in Rajasthan and Madhya Pradesh. Utilizing cutting-edge supercritical technology, these projects are set to enhance power generation efficiency and support regional development.
SJVN's stock price skyrocketed by 13.23% on July 26, 2024, after the company announced its allocation of the 2,400 MW Darzo Lui Pumped Storage Project by the Government of Mizoram. This major project is expected to significantly enhance SJVN's renewable energy portfolio, generating approximately 4,993.20 million units of energy annually. The market responded positively, reflecting investor confidence in SJVN's growth prospects and strategic expansion. Read on to explore the details and implications of this pivotal development.
Explore how PFC's substantial Rs 1,870 crore loan agreement with CVPPPL is set to revolutionize power infrastructure in the Chenab Valley, bolstering economic growth and energy security. Discover the strategic partnership between PFC and CVPPPL, aimed at enhancing power generation capabilities in Jammu and Kashmir through a significant term loan investment. Learn about PFC's pivotal role in funding CVPPPL, a joint venture of NHPC Ltd and JKSPDC, to accelerate infrastructure projects vital for sustainable energy development in the region. Get insights into how PFC's Rs 1,869.265 crore loan agreement with CVPPPL signifies a crucial step towards expanding power infrastructure and driving socio-economic progress in the Chenab Valley.