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Atlanta Electricals bags ₹285 cr Punjab transmission utility order for 23 power transformers
Shares of Atlanta Electricals Ltd ended at ₹2,052.40, up by ₹97.70, or 5.00%, on the BSE.
Kalpataru Projects International bags orders worth Rs 2,002 crore
Kalpataru Projects International has secured new orders valued at approximately Rs 2,002 crore. These orders span across Power Transmission & Distribution in overseas markets and Buildings & Factories in India. The company also received an order in the Railways segment. This achievement strengthens KPIL's position in high-growth markets and reinforces its footprint in the metro rail sector.
Dipan Mehta sees long-term opportunity in PG Electroplast, Kitex and power plays
Dipan Mehta, Director of Elixir Equities, says India’s air-conditioner outsourcing story remains a strong long-term opportunity, with companies like PG Electroplast and Amber benefiting from rising demand and scale advantages. He is also positive on power transmission players linked to renewable energy growth, sees export opportunities emerging from rupee depreciation, and expects textiles and select pharma names to deliver strong growth despite near-term market volatility.
Power Grid acquires Tumkur II RE Transmission for ₹15.5 crore
The acquisition was completed under the tariff-based competitive bidding (TBCB) process through a bid process coordinator. Shares of Power Grid Corporation of India Ltd ended at ₹289.75, down by ₹10.40, or 3.46%, on the BSE today, May 29.
H.G. Infra wins Jharkhand transmission project under boot model
H.G. Infra Engineering has been declared the successful bidder by REC Power Development and Consultancy (RECPDCL), a wholly owned subsidiary of REC.
HG Infra wins Jharkhand power transmission project with 35-year concession
The company will build and operate an interstate transmission network linking western and eastern India, while also qualifying for another power project in Uttar Pradesh.
Hitachi Energy Shares In Focus Jefferies Doubles Target Price Amid Data Centre Demand
The firm raised its FY27 and FY28 EPS estimates by 10% and 27%, respectively. This comes on the back of a robust demand trend across the power transmission and distribution sector.
HG Infra declared qualified bidder for UP power project with ₹45-cr annual revenue
HG Infra Engineering Ltd emerged as qualified bidder for RECPDCL power transmission project in Uttar Pradesh, securing a 35-year BOOT model opportunity. Shares of HG Infra Engineering Ltd ended marginally lower on Tuesday, May 26, by 0.66% at ₹598.90 on the NSE.
India's power transmission infra set for Rs 9 trillion upgrade as renewable push accelerates: Report
India is set for a massive power transmission investment of nearly Rs 9 trillion by 2032, according to a Kotak Neo report. This will support the country's clean energy goals by building essential grid infrastructure. Renewable energy capacity is growing rapidly, requiring extensive transmission lines and substations. High-Voltage Direct Current systems will be crucial.
Om Power Transmission standalone net profit rises 36.48% in the March 2026 quarter
Sales rise 67.20% to Rs 174.62 crore
I Squared to pump $1 billion into power grid assets
US firm I Squared Capital is investing one billion dollars in India's power transmission sector. A new entity, Cube Grid, will build essential grid infrastructure. This move taps into a multi-decade opportunity driven by India's growing energy needs. The company sees stable, long-term returns from transmission projects. This investment will support India's economic growth and energy transition.
Power Grid shares have underperformed over the last month, but 60% analysts say 'buy'
Power Grid beat capex and capitalization guidance for FY26 and has guided for upcoming beat of its FY27 guidance as well. It also sees new opportunities from intra-state transmission projects and BESS, which can increase TAM.