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KEC International shares gain after Power Grid lifts exclusion order ahead of schedule
Shares of KEC International are down 33% since Power Grid had issued the contractor exclusion order back in November 2025. The West Asia crisis has also had an impact on the stock.
Stocks to Watch for June 29: HDFC Bank, Kotak Mahindra Bank, Dr Reddy’s and more
After an extended weekend, Dalal Street returns to a packed corporate news flow. From IRFC's successful OFS and Power Grid's fundraising plans to fresh developments at HDFC Bank, KEC International, Aurobindo Pharma and Bajaj Healthcare, here are the stocks likely to remain in focus on Monday.
KEC International gets key relief as Power Grid revokes exclusion order
KEC International can once again bid for Power Grid contracts after the state-run utility revoked its exclusion order ahead of schedule, offering a boost to the EPC major amid a strong order pipeline.
Power Grid commissions project for Solar Energy Zone in Ananthapur and Kurnool
Power Grid Corporation of India announced that project namely Transmission scheme for Solar Energy Zone in Ananthpuram (Ananthapur) (2500 MW) and Kurnool (1000 MW), Andhra Pradesh (Project) has been completely commissioned with effect from 24 June, 2026.
Power Grid of India board okays raising borrowing limit to Rs 2.2 lakh crore
Power Grid Corporation's board has greenlit a significant increase in its borrowing limit to Rs 2.2 lakh crore, pending shareholder approval. Additionally, the company plans to secure $500 million in foreign currency funds via External Commercial Borrowings. An investment of Rs 772.65 crore has also been approved for upgrading a key transmission line, expected to be completed within 30 months.
Anti-dumping duty on electrical steel may push transformer costs, impact grid expansion: GTRI
A potential anti-dumping duty on crucial cold-rolled grain-oriented electrical steel (CRGO) imports could significantly hike transformer manufacturing costs and impede India's ambitious power grid expansion plans. With domestic production meeting less than 10% of demand, imposing duties might raise prices without reducing import reliance, impacting vital infrastructure development and renewable energy integration. The probe follows a complaint by JSW JFE Electrical Steel Nashik Pvt Ltd.
Ircon International JV secures contract worth Rs 763 cr
The scope of the work includes Design, Engineering, Manufacture, Assembly, Inspection, Testing at Manufacturer's Works before Dispatch, Packing, Supply, Delivery at Site, Including Insurance during Transit, Subsequent Storage at delivery location(s), Erection, Testing and Commissioning of Under Ground Power Cable Network (HT & LT), Smart Grid Applications including Supervisory Control and Data Acquisition (SCADA), Advanced Distribution Management System (ADMS), Outage Management System (OMS), GIS Mapping & integration, Under Ground OFC Communication System by laying of Optical Fiber Cable (OFC), Integration with third party IT application softwares & hardwares (such as Billing, ERP, & CIS) along with Underground Power Cable and establishment of Smart Grid Control Centre (Main & Backup) with Distribution Network Automation (DNA) including facility management and O&M of system in Agartala Municipality Area, Tripura (Package-A) of Agartala Smart Grid.
IRCON JV bags ₹763 crore Tripura power project; RVNL's Saleem Ahmad to take CMD charge
IRCON's joint venture has secured a ₹763 crore smart grid project in Tripura, with the company's share at ₹198 crore. Separately, the Railways Ministry has named RVNL chief Saleem Ahmad as IRCON's interim CMD from July.
Resonia wins Telangana transmission project to boost renewable energy connectivity
Resonia, formerly Sterlite Power's transmission arm, has secured a significant project in Telangana from Power Finance Corporation. This initiative aims to bolster power transmission links between Andhra Pradesh and Telangana, improving grid flexibility and facilitating the integration of renewable energy from the Kurnool REZ. The project involves establishing a new substation and enhancing existing infrastructure to support this crucial connectivity.
Five power grid stocks riding India’s energy transition - Mint
Five power grid stocks riding India’s energy transitionMint
IOCL Solarises commissioned 150 kW Rooftop Solar System at its Guwahati facility
Facing energy security challenges, Indian Oil Corporation Limited (IOCL) has installed a 150-kW rooftop solar system at its Guwahati facility. This initiative aims to enhance operational resilience, reduce reliance on conventional power, and cut costs. The system is projected to save Rs 13.8 lakh annually and offers a quick ROI, bolstering energy reliability in a region prone to grid disruptions and supporting India's clean energy goals.
Power Grid emerges as successful bidder for inter-regional transmission project
Power Grid Corporation of India said it has emerged as the successful bidder under the tariff-based competitive bidding route for the "WR-ER Inter-Regional Network Expansion Scheme Part-A" Inter-State Transmission System (ISTS) project.