In Short : Power Grid Corporation of India (Powergrid) has initiated a transmission project to strengthen connectivity between the western and southern grids. The project aims to enhance power transfer efficiency, improve grid stability, and support greater integration of renewable energy. By boosting inter-regional electricity flow, it will ensure more reliable power supply and facilitate […]
In Short : India is working to stabilize its supply of critical minerals by deepening partnerships with Latin American countries. The initiative aims to secure essential resources for electronics, renewable energy, and electric vehicle industries. By diversifying import sources and fostering long-term collaborations, India seeks to reduce dependence on single markets and strengthen domestic production […]
In Short : Vedanta has concluded its prolonged dispute with SEPCO Electric of China, bringing closure to a contentious chapter. The settlement eliminates legal hurdles and financial uncertainties, enabling Vedanta to realign focus on its core businesses. The resolution is also seen as a step toward strengthening international partnerships and fostering cooperation in infrastructure and […]
In Short : Kalpataru Projects International has secured fresh orders worth ₹2,720 crore across various business segments. The contracts include transmission and distribution projects in India and overseas, along with civil and construction works. These new wins further strengthen the company’s order book, showcasing its execution capabilities and reinforcing its position as a leading player […]
In Short : Waaree Energies has acquired a 64% stake in transformer manufacturer Kotsons for ₹192 crore, marking a strategic move to strengthen its renewable energy ecosystem. The acquisition will enhance Waaree’s backward integration, ensuring reliable transformer supply for solar and power projects. This step supports India’s clean energy transition while boosting Waaree’s infrastructure capabilities […]
In Short : ADB President reaffirmed the bank’s strong partnership with Armenia while celebrating 20 years of development cooperation. Discussions with Armenian leaders focused on advancing infrastructure, energy, and private sector projects. ADB highlighted its commitment to supporting Armenia’s green growth, resilience, and inclusive development, while emphasizing the role of strategic investments in shaping sustainable […]
In Short : Rajasthan Chief Minister Bhajanlal Sharma said the state is rapidly emerging as a leader in tourism, mining, and renewable energy. With rich mineral reserves, expanding solar and wind power projects, and a growing tourism sector, Rajasthan is positioning itself as a key driver of India’s economic growth while promoting sustainability and large-scale […]
In Short : Hindalco Industries reduced its debt by ₹11,800 crore in FY25, strengthening its balance sheet and financial flexibility. The company announced plans to invest $8 billion in aluminium, copper, and battery materials over the next few years. This strategic expansion focuses on clean energy transition, advanced materials, and sustainable growth, positioning Hindalco as […]
In Short : John Cockerill has acquired key assets from McPhy Energy to strengthen its position in the green hydrogen sector and scale up electrolyser production. The acquisition includes equipment, technology, and personnel from McPhy’s Belfort site in France. This move will enhance John Cockerill’s manufacturing capacity and accelerate its efforts to meet growing global […]
In Short : Torrent Power’s subsidiary, Torrent Green Energy, has secured a 300 MW wind power project from SECI under Tranche-XVIII. The project win reinforces Torrent’s commitment to expanding its renewable energy portfolio. Awarded through a competitive bidding process, the project marks a significant step in supporting India’s clean energy goals and bolstering Torrent’s position […]