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Power Mech Projects shares gain 5% as company secures ₹1,009 crore JSW Thermal Energy contract
Power Mech Projects shares rose 5% after securing a ₹1,008.90 crore order from JSW Thermal Energy for civil and structural works in West Bengal. The contract, to be completed in 36 months, enhances the company’s order book amid a series of recent large contract wins.
Power Mech projects gains after bagging Rs 1,009-cr order from JSW Thermal Energy
Power Mech Projects rallied 3.29% to Rs 2,934.05 after the company announced that it had secured a contract worth Rs 1,008.90 crore from JSW Thermal Energy.
Power Mech Projects jumps 4% as company bags Rs 1,009 crore JSW Thermal Energy contract
Power Mech Projects shares rose after the company secured a Rs 1,008.90 crore order from JSW Thermal Energy for civil and structural works at a thermal power project in Salboni, West Bengal. The order strengthens revenue visibility over the next three years and reinforces the company’s position in the power infrastructure and EPC space.
Power Mech bags ₹1,008.9 crore order from JSW Thermal Energy
Order covers civil and structural works in the BTG area of a 2x800 MW thermal power project in West Bengal and is scheduled for execution over 36 months.
India-bound ships begin Strait of Hormuz transit as US lifts Iran blockade; Chabahar, INSTC in focus
Three cargo ships are now transiting the Strait of Hormuz, signaling a significant shift after the US ended its blockade of Iranian ports and Tehran eased maritime restrictions. This development follows a peace deal, paving the way for India to resume economic ties, including energy trade and the crucial International North South Transport Corridor.
Reliance to turn crude into carbon fibre, green chemicals, other materials in major O2C overhaul
Reliance Industries is set to reinvent its oil-to-chemicals business. The company will convert crude oil into advanced materials and green chemicals. This strategy aims to create new revenue streams and reduce exposure to global energy market volatility. Reliance is committed to ensuring India's energy security by future-proofing its legacy business and building new growth engines.
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.
Reliance Industries AGM Live Updates: All eyes on Jio IPO timeline, new energy biz
Reliance Industries AGM Live Updates: The biggest day in the calendar for Reliance Industries Ltd. is here as the oil-to-telecom-to-retail-to-new energy conglomerate will be holding its 49th Annual General Meeting (AGM), starting 2 PM this afternoon. The big focus of the street has been on a clear timeline for the Reliance Jio IPO and that will remain the biggest talking point during the course of Chairman and Managing Director Mukesh Ambani's speech. Watch this space for all the LIVE updates from the AGM.
Reliance New Energy prepares battery-swapping rollout for EV two-wheelers in logistics, delivery segment
Reliance New Energy is set to launch battery-swapping services for electric two-wheelers. This move targets the delivery and logistics sector. The company has secured necessary certifications for batteries and vehicles. Initial trials will occur within Reliance's own fleet. A wider commercial rollout is anticipated by FY27. This initiative supports Reliance's clean energy and electric mobility goals.
RIL AGM 2026: Jio IPO Timeline To AI Strategy, Here's What To Expect
The virtual AGM, scheduled to begin at 2 pm IST, is expected to feature addresses by Chairman Mukesh Ambani and other senior leaders, outlining Reliance's plans across its telecom, retail, digital and energy businesses.
India will be the biggest driver of global oil demand for the next 25 years: OPEC
India is expected to add 8.1 million barrels per day of oil demand between 2025 and 2050—the highest increase globally—as rising incomes, industrialisation and transport needs outweigh the rapid expansion of renewable energy, according to OPEC's latest long-term outlook.
'Expensive' valuations may not necessarily lead to underperformance, Jefferies explains
Jefferies has highlighted JSW Energy, Adani Energy Solutions, Premier Energies and Siemens Energy as their top picks within the power theme.