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RPSG, Inox, Hexa bid for Enel's renewable energy projects in India
The three firms submitted their bids last week in the ₹3,000 crore enterprise value range for Enel's India business comprising renewable energy generation projects with a potential capacity of 2.5 gigawatts, the people said. The bids were preceded by a six-week period of due diligence during which the Indian suitors were given access to the assets of Enel Green Power India Pvt Ltd.
Nomura highlights the one stock to play the EMS theme, projects 30% upside
At 28 times its financial year 2029 estimated Earnings Per Share, Avalon Tech's current valuations are "attractive" as per Nomura.
BEL shares drop over 2% after Q4 results: What are Goldman Sachs and Nomura saying?
BEL shares fell up to 2.3% to Rs 413 despite the defence PSU reporting a 5% year-on-year rise in Q4FY26 consolidated net profit to Rs 2,226 crore. Revenue from operations grew 11% to Rs 10,224 crore, supported by continued execution of defence projects and operational growth. Total income also increased around 11% to Rs 10,335 crore during the quarter.
RIL, NTPC, Adani and Lalitpur line up Rs 6.5 lakh cr for nuclear energy
Reliance Industries will invest Rs 2 lakh crore to develop 7,200 MW of nuclear capacity. Adani Power has outlined Rs 1.5 lakh crore for 6,000 MW projects, while state-run NTPC will invest Rs 1 lakh crore in building 7,200 MW capacity. Lalitpur Power Generation Company, part of the Bajaj Group, will invest Rs 2 lakh crore for 5,000 MW capacity, according to a Maharashtra government statement.
RIL, NTPC, Adani and Lalitpur line up Rs 6.5 lakh cr for nuclear energy
Reliance Industries will invest Rs 2 lakh crore to develop 7,200 MW of nuclear capacity. Adani Power has outlined Rs 1.5 lakh crore for 6,000 MW projects, while state-run NTPC will invest Rs 1 lakh crore in building 7,200 MW capacity. Lalitpur Power Generation Company, part of the Bajaj Group, will invest Rs 2 lakh crore for 5,000 MW capacity, according to a Maharashtra government statement.
I Squared to pump $1 billion into power grid assets
US firm I Squared Capital is investing one billion dollars in India's power transmission sector. A new entity, Cube Grid, will build essential grid infrastructure. This move taps into a multi-decade opportunity driven by India's growing energy needs. The company sees stable, long-term returns from transmission projects. This investment will support India's economic growth and energy transition.
BEL Q4 Results: Profit rises 5% to Rs 2,226 crore; co declares Rs 0.55 dividend
Bharat Electronics (BEL) Q4 FY26 net profit rose 5% to Rs 2,226 crore on 11% higher revenue of Rs 10,224 crore, supported by defense projects. Full-year net profit was Rs 6,062 crore (up 14%), and revenue hit Rs 27,610 crore (up 16%). BEL also declared a Rs 0.55 final dividend.
Maharashtra govt ramps up nuclear energy with MoUs worth Rs 6.5 lakh crore
Maharashtra has signed MoUs with four companies, including Adani Power and Reliance Industries, to attract Rs 6.5 lakh crore in nuclear energy investments. These projects aim to generate 25,400 MW of power and create 1,23,500 jobs, bolstering the state's clean energy initiatives and contributing to India's energy-rich nation goal.
Transformer And Rectifier Manufacturer Secures Rs 175 Crore Order For Rajasthan Power Projects - Dalal Street Investment Journal
Transformer And Rectifier Manufacturer Secures Rs 175 Crore Order For Rajasthan Power ProjectsDalal Street Investment Journal
North Star: UK’s BII, Denmark’s CIP unveil $300 million green energy platform in India
British International Investment and Copenhagen Infrastructure Partners launch North Star, a $300 million dollar platform to fund renewable projects in India and cut emissions
Power Grid shares have underperformed over the last month, but 60% analysts say 'buy'
Power Grid beat capex and capitalization guidance for FY26 and has guided for upcoming beat of its FY27 guidance as well. It also sees new opportunities from intra-state transmission projects and BESS, which can increase TAM.
India, US companies hold talks on nuclear energy cooperation
India and US nuclear industry leaders met to boost collaboration. Discussions focused on reducing costs and construction times for nuclear power projects. India aims for 100 GW nuclear capacity by 2047. The US delegation represents advanced reactor technologies and fuel cycle innovation. New opportunities for partnerships in project development and manufacturing are being explored.