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POWER TRANSMISSION PROJECT
Ceigall India receives LOI for Rs 5,300-cr transmission project in GujaratCeigall India has received a letter of intent for a major transmission system project. This project, valued at Rs 5,300 crore, will be deve...
Kanohar Electricals IPO to open September 8; price band fixed at Rs 601–632Kanohar Electricals will launch its IPO on September 8 with a Rs 601–632 price band, targeting up to Rs 1,055.74 crore. The transformer mak...
Adani Group expands footprint in opposition-ruled states with projects worth Rs 5 lakh croreAdani Group is investing significantly in infrastructure projects across various Indian states. The conglomerate is pursuing projects in ro...
South Korea utility proposes Samsung pays $15 billion in advance for power, paper saysState-run KEPCO, South Korea's main utility, said in a statement it had suggested an advance payment scheme to major power users including...
- Lumino Industries shares list at 34% premium over IPO price
The Rs 700-crore IPO was offered in a price band of Rs 78–Rs 82 per share. The issue comprised a fresh issue of Rs 500 crore, involving 6.1...
Power Grid shares gain 1.5% after firm wins Rs 3,244 crore inter-state transmission system project. Should you buy?Shares of Power Grid experienced an uptick after the company secured an important transmission project aimed at facilitating power evacuati...
Share of electricity in India's overall energy mix to reach 45-50 pc by 2047: OfficialIndia aims to increase electricity's share in its energy mix to fifty percent by 2047. The nation is targeting significant additions of new...
India could be a big winner in AI data centre boom, but power demand may be the catchIndia is set to gain significantly from the global AI data centre expansion. Demand for local cloud infrastructure and sovereign AI is driv...
India’s power needs are surging. So why is solar going to waste?India struggles to use all its clean power despite high demand. Renewable energy providers curtail output as the grid cannot handle excess ...
Sanmar Group picks majority stake in Hyderabad-based AltEons EnergyThe Sanmar Group has acquired a majority stake in AltEons Energy. This investment will help AltEons develop its initial 210 MW hybrid proje...
Lumino Industries IPO Day 3: GMP jumps to 74%,subscription hits 118 timesLumino Industries IPO received strong investor participation on its final bidding day. The issue saw significant oversubscription across al...
Transformers and Rectifiers shares rally 8% after receiving order worth up to Rs 500 crore from MEILTransformers and Rectifiers shares rallied on Monday after the company secured a large order from MEIL for manufacturing transformers and r...
Renewable energy projects can now store and sell curtailed power using co-located battery systemsThe renewable energy landscape is evolving as the power ministry allows the storage of curtailed electricity from renewable projects. This ...
ACME Solar raises Rs 1,571 cr project funding from IIFCLACME Solar has secured Rs 1,571 crore project funding from IIFCL for a Rajasthan solar project. This financing marks IIFCL's first sole gre...
Lumino Industries IPO opens with GMP signalling 61% listing gains. Should you bid?Of the total Rs 700 crore issue, Rs 500 crore will come through a fresh issue of 6.10 crore shares, while the remaining Rs 200 crore will b...
Adani Energy wins Rs 4,700 crore Maharashtra transmission project; shares riseAdani Energy Solutions secured a significant transmission project in Maharashtra. This project will cost approximately Rs 4,700 crore and i...
Power sector stocks: Rising demand, uneven risk; best owned as a basket. 10 power stocks with upside potential of up to 28%For years, owning power meant betting on a slow, steady rise in demand as the economy grew. That story has suddenly changed. The machines b...