Market News

Stay updated with the latest market trends, earnings, and economic indicators.

Showing news for:SERVOTECHPower
Clear all filters
NEWS
positive
Business Standard - Markets 16d ago

Suzlon secures 400 MW wins energy project in Andhra Pradesh

From Tata Power Renewable Energy

DPELENERGYGKENERGYGVPILIREDAKPELSERVOTECHSUZLONSWSOLARTATAPOWERTATATECHCapital GoodsConstruction
Suzlon crosses 1 GW in cumulative orders with Tata Power after new 400 MW EPC contract
positive
ET Markets - Industry 16d ago

Suzlon crosses 1 GW in cumulative orders with Tata Power after new 400 MW EPC contract

Suzlon Energy has bagged a significant 400 MW wind energy EPC contract from Tata Power Renewable Energy Limited (TPREL). This latest deal, to be executed in Andhra Pradesh, pushes their combined order book past 1 GW. Suzlon will supply 127 advanced wind turbine generators and provide comprehensive project services, marking their fourth collaboration with TPREL and bolstering Suzlon's presence in Andhra Pradesh.

DPELENERGYGKENERGYGVPILIREDAKPELSERVOTECHSUZLONSWSOLARTATAPOWERTATATECHCapital GoodsConstruction
NEWS
positive
Business Standard - Markets 16d ago

NLC India arm inks JV with OREDA

NLC India announced that its subsidiary, NLC India Renewables (NIRL) has signed joint venture agreement with Odisha Renewable Energy Development Agency (OREDA) to develop green energy power plants in Odisha.

ADANIGREENAGNIDPELENERGYENERGYDEVGKENERGYGREENPOWERGVPILINOXGREENIREDAKPELKPIGREENNLCINDIANTPCGREENSAATVIKGLSERVOTECHSWSOLARCapital GoodsConstruction
CleanMax bets on big tech, data centres to power next phase of growth
positive
CNBC TV18 - Markets 17d ago

CleanMax bets on big tech, data centres to power next phase of growth

Clean Max Enviro Energy Solutions, India's largest commercial and industrial renewable energy provider, is positioning itself for strong growth as demand from big tech and data centres accelerates. With 3.1 GW of installed capacity and a 5.7 GW contracted portfolio, the company counts Meta, Google, Apple, Amazon and Equinix among its customers. CleanMax plans to add at least 1.5 GW in FY27 and 3 GW over three years, while aiming to double EBITDA. Analysts say its client-focused model and market leadership are difficult to replicate.

CGPOWERCLEANCLEANMAXDPELENERGYENVIROGKENERGYGVPILIREDAKPELMAXINDSERVOTECHSWSOLARTECHVIVIANAZTECHCapital GoodsChemicals
NEWS
positive
Business Standard - Markets 17d ago

NLC India inks MoU with Indian Oil Corporation

NLC India has signed a memorandum of understanding (MoU) with Indian Oil Corporation (IOCL) for the formation of a joint venture for the establishment of renewable energy power projects in Tamil Nadu.

DPELENERGYGKENERGYGVPILIEXIOCIREDAKPELNLCINDIAOILPOWERMECHRPPINFRASERVOTECHSWSOLARTNPLCapital GoodsConstruction
India nears 50% domestic coal use in import-based power plants, sources say
positive
ET Markets - Industry 17d ago

India nears 50% domestic coal use in import-based power plants, sources say

India is significantly boosting the use of domestic coal at power plants previously reliant on imports, aiming to slash costly overseas purchases. Over 50% of capacity at these plants is now running on local fuel, with trials expanding this further. This shift is enabled by increased renewable energy generation freeing up domestic supplies and plant modifications to handle local coal's higher ash content.

COALINDIADPELENERGYGKENERGYGVPILIREDAKPELSERVOTECHSWSOLARCapital GoodsConstruction
NEWS
positive
Business Standard - Markets 18d ago

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.

GVPILHGINFRAIRCONKHFMKMEWLLOYDSENGGMBELPOWERGRIDSERVOTECHSFMLSPCLCapital GoodsConstruction
Resonia wins Telangana transmission project to boost renewable energy connectivity
positive
ET Markets - Industry 19d ago

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.

DPELENERGYGKENERGYGVPILIREDAKPELLTFOMPOWERPFCPOWERGRIDSERVOTECHSTLTECHSWSOLARCapital GoodsConstruction
IOCL Solarises commissioned 150 kW Rooftop Solar System at its Guwahati facility
positive
ET Markets - Industry 22d ago

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.

CLEANCLEANMAXDPELENERGYGKENERGYGVPILIEXIOCIREDAKPELOILPOWERGRIDRELIANCERELINFRARPOWERSERVOTECHSOLARINDSWEBELSOLARCapital GoodsChemicals
NEWS
positive
Business Standard - Markets 22d ago

KPI Green Energy incorporates WoS named KPCG One

The Company has been incorporated with the object of generating, storing, transmitting, distributing, purchasing, selling and supplying electricity and other forms of energy from conventional and renewable sources, including solar, wind, hydro, biomass and thermal energy, and of establishing, owning, developing, operating and maintaining power plants and energy storage systems, and undertaking activities incidental thereto.

ADANIGREENAGNIBGRENERGYDPELENERGYGKENERGYGREENPOWERGVPILINOXGREENIREDAKPELKPIGREENMOBIKWIKNTPCGREENRSYSTEMSSAATVIKGLSERVOTECHSMARTENSOLARINDSSWELECTESSWSOLARTDPOWERSYSTECILCHEMUTLSOLARCapital GoodsChemicals
Power and IT set to remain dominant industries as pvt sector leads India's investment landscape in post-Covid era: Report
positive
ET Markets - Industry 22d ago

Power and IT set to remain dominant industries as pvt sector leads India's investment landscape in post-Covid era: Report

Power and IT sectors are set to lead India's economic growth. New investment announcements show a strong focus on electricity and technology. This trend is driven by digital infrastructure and renewable energy needs. The private sector is now a major investor. Transport, chemicals, and metals also see substantial capital allocation. Consumer segments hold smaller shares.

AKCAPITBFINVESTCONSUMERCPCAPDPELENERGYFOCUSGKENERGYGVPILHDFCGROWTHIREDAJGCHEMKPELLLOYDSMESERVOTECHSWSOLARTCITECILCHEMCapital GoodsChemicals
VA Tech Wabag shares gain up to 4% on bagging 'mega' desalination project in Kuwait
positive
CNBC TV18 - Markets 22d ago

VA Tech Wabag shares gain up to 4% on bagging 'mega' desalination project in Kuwait

According to VA Tech Wabag's exchange filing, it secured the contract for the Doha SWRO desalination plant with recarbonisation system, Stage II in Kuwait from the country's ministry of electricity, water and renewable energy.

ENERGYGKENERGYIEXIREDAKPELSERVOTECHSWSOLARTECHWABAGWEBELSOLARZTECHCapital GoodsConstruction