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L&T ships another steam generator early to Nuclear Power Corporation
Larsen & Toubro has dispatched its seventh 700 MWe steam generator to Nuclear Power Corporation of India Ltd ahead of schedule, aiming to accelerate India’s energy security push, with the equipment manufactured at its Gujarat facilities.
India’s power capacity to surge with renewables; NTPC top pick in sector: Bernstein
Bernstein’s Nikhil Nigania said India’s power sector is entering a major expansion phase, with installed capacity of about 525 GW expected to rise sharply as the country adds nearly 50 GW of renewable energy annually. While renewables will drive growth, transmission infrastructure remains a key bottleneck. Nigania prefers traditional power and transmission plays, naming NTPC as his top pick, while remaining cautious on renewable equipment makers due to potential margin pressure and supply-demand imbalances.
Top Korea Power Firm Revs Up US Growth Betting on AI Supercycle
South Korea’s top power equipment maker, HD Hyundai Electric Co., is accelerating its US expansion, betting that demand for transformers and switchgear will surge as the artificial intelligence “supercycle” drives a new wave of power consumption.
Sarda Energy shares gain 8% after SC dismisses plea of unsuccessful bidders for SKS Power acquisition
The Supreme Court order has cleared the final obstacle for Sarda Energy in acquiring SKS Power.
Supreme Court says repeated challenges by unsuccessful bidders erode IBC’s framework
The SC upheld the resolution plan of Sarda Energy & Minerals Ltd for SKS Power Generation (Chhattisgarh) and dismissed appeals filed by Torrent Power, Jindal Power and Singapore-based Vantage Point Asset Management
RDB infra shares extend rise to 2nd consecutive session, hit 5% upper circuit; check details
The company has presence in packaging, power and telecom transmission equipment, retail, logistics and real estate.