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India’s grid bottleneck forces ReNew Energy to waste solar power, threatening profits
India's power grid struggles to handle excess solar energy. ReNew Energy Global Plc faces power curtailment, affecting earnings. The company is investing in battery storage to balance supply and demand. Rising costs from global events add to challenges. Future projects will focus more on solar power.
Bajel Projects shares jump 11% after bagging ₹400 crore transmission orders in MENA region
Bajel Projects shares jumped 11% after winning EPC contracts for 500 kV transmission lines in the MENA region, totaling ₹400 crore. The project aims to strengthen the power infrastructure and is expected to be completed within 11 months.
Power Mech enters urban mobility with ₹296 crore Mumbai Monorail contract
Power Mech wins ₹296 crore five year O and M contract from MMMOCL for Mumbai Monorail, marking its entry into urban mobility, shares rise nearly 6%.
L&T set to win its fifth-largest order, CLSA calls it 'cheapest' largecap industrial stock
L&T beat BHEL to win the 3.2 GW of power projects to sustain its FY26 49% share in FY27 as well, according to the brokerage note from CLSA. However, the company is yet to make an official announcement in this regard.
L&T and BHEL emerge as lowest bidders for projects worth up to ₹22,500 crore: Exclusive
BHEL, the state-run company has emerged as the lowest bidder for the ₹10,300 crore package, which pertains to the Odisha Genco Thermal Power Station expansion project, according to sources with knowledge of the matter.
RSP India launches BuildAmbit to power the ambitions of Global AEC Professionals
RSP India launches BuildAmbit, an industry-backed platform to address the global AEC talent gap. Leveraging 30 years of project experience, BuildAmbit offers immersive upskilling in BIM, computational design, and sustainability. The initiative aims to transform early-career professionals into confident, full-stack contributors ready for complex, real-world projects worldwide.
Rajiv Ranjan Jha appointed as nominee director of PFC on REC board
Power Finance Corporation welcomes Rajiv Ranjan Jha as its newly appointed nominee director on the board of REC, effective April 6, 2026. With a rich history at PFC since March 1997, Jha is currently the Director of Projects.
Govt explores options to retain 51% stake in merged PFC-REC entity
The government is considering issuing preference shares or fresh equity to keep its stake above 51 percent in the Power Finance Corporation after its merger with REC. This move aims to ensure the combined entity remains a government-owned NBFC. The merged company will be the largest government-owned NBFC, enhancing its capacity for large projects and competition.
Vikran Engineering Secures MSEDCL Power Projects | Great Eastern Shipping Sells Tanker Vessel | Top Buzzing Stocks Today - Equitymaster
Vikran Engineering Secures MSEDCL Power Projects | Great Eastern Shipping Sells Tanker Vessel | Top Buzzing Stocks TodayEquitymaster
Cabinet approves Rs 2,585 crore Small Hydro Power Development Scheme
The Union Cabinet has approved a Rs 2,585 crore scheme to boost small hydro power development. This initiative aims to add 1,500 MW of renewable capacity by 2030-31. Projects will be run-of-river, avoiding dams and displacement. The scheme is expected to attract Rs 15,000 crore in investment, creating clean energy and boosting the nation's renewable capacity.
NHPC shares in focus on likely Cabinet discussion on hydro projects
The proposed scheme aims to promote small hydro power projects and strengthen clean energy generation in the country.
Power Mech wins ₹710 crore contract to run Adani’s Maharashtra power plant
Power Mech Projects Ltd wins ₹709.56 cr contract from Adani Infrastructure for 60-month O&M services at Tiroda thermal power plant in Maharashtra.