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Citi bets on electric equipment makers; picks Hitachi, GE Vernova, CG Power
Citi estimates that HVDC-related investments represent an opportunity of around ₹1.6 trillion as India works toward integrating 900 GW of renewable energy capacity by FY36.
Inox Clean Energy plans ₹1 trillion investment by 2030 in renewables, solar equipment and battery storage
INOXGFL Group is also targeting global markets with a major battery chemicals push and a new joint venture to develop power projects across Africa, executive director Devansh Jain said.
Hitachi Energy Q4 profit jumps 80% on strong margin, revenue growth; declares ₹8 dividend
Power equipment maker Hitachi Energy announced a greenfield transformer facility in Gujarat. Shares of Hitachi Energy India Limited ended 0.53%, or ₹190, higher at ₹35,745 on the NSE today, May 25, ahead of the results announcement.
Vedanta arm Talwandi Sabo Power faces Rs 127 crore penalty
Vedanta's subsidiary, Talwandi Sabo Power Ltd, must pay approximately Rs 127 crore plus late payment surcharge to Punjab State Power Corporation Ltd. The Supreme Court upheld a penalty for misdeclaration of availability in January 2017. This power plant is crucial for Punjab's energy needs. The judgment restores an earlier order from the state regulator.
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Vedanta Arm To Pay Rs 127-Crore Penalty As Supreme Court Rules In Favour Of Punjab State Power Corp
Vedanta further noted that TSPL's equity shares are currently in the process of being listed on the BSE and NSE.
Vedanta says Supreme Court upholds ₹127 crore penalty against Talwandi Sabo Power
Shares of Vedanta Ltd ended at ₹329.75, down by ₹4.10, or 1.23%, on the BSE.
Five Stocks To Buy: IOC, Hitachi Energy, Bajaj Auto And More | May 21, 2026
Top picks include Indian Oil Corporation (IOC), Bank of India, power technology major Hitachi Energy India, heavy electrical equipment maker CG Power, and automotive giant Bajaj Auto.
JSW Energy to raise stake in Toshiba power equipment venture with ₹150 crore deal
JSW Energy to raise stake in Toshiba JSW Power Systems to 20.7% via ₹150 crore share purchase from Toshiba, boosting turbine access and thermal expansion plans
Supreme Court agrees to hear IEX plea against power market coupling order
The Supreme Court will review the Indian Energy Exchange's challenge to a regulatory order. This order mandates market coupling for power trading. The court refused to halt the implementation of this process. The Indian Energy Exchange argues the order is arbitrary and will harm its market share. The Central Electricity Regulatory Commission is now required to respond to the appeal.
China-like grid planning needed to meet renewable energy goal: MNRE secretary
India aims for 1,800 gigawatts of renewable energy by 2050. Achieving this requires a super grid, similar to China's. The government plans to spend $574 billion by 2030 on high-voltage lines. Enhanced grid infrastructure will address power evacuation challenges. Policymakers are working with states to ensure necessary equipment and storage systems are in place for better renewable energy integration.
AERB clears equipment installation at Tamil Nadu's Kudankulam Nuclear Power Project Units 5 and 6
A significant milestone has been achieved at the Kudankulam Nuclear Power Project. The Atomic Energy Regulatory Board has approved the erection of major equipment for Units 5 and 6. This development brings India's nuclear energy program closer to expanding its clean and reliable power generation capacity. The approval follows extensive safety reviews, ensuring compliance with national and international standards.
Mid & smallcaps offer better safety than largecaps; IT sector remains a big no: INVasset PMS
Anirudh Garg Partner & Head-Research at INVasset PMS says mid- and smallcap stocks remain relatively safer as they see lower FII selling compared to largecaps. He highlights a structural shift in India towards equity investing, supporting capital market plays. While valuations are now reasonable, growth remains the key driver. Garg is strongly bearish on IT due to slowing demand and AI disruption, while preferring capital markets, corporate-focused banks, power equipment and metals. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.