Adani Enterprises, Saatvik Green Energy and Trishakti Industries to see some action today

18 Feb 2026 Evaluate

Adani Enterprises’ wholly owned subsidiary -- Adani Road Transport (ARTL) has completed the acquisition of 49% shareholding of Sree Vishwa Varadhi (SVVPL) on February 17, 2026, by way of subscription to fresh equity shares in SVVPL. The acquisition aligns with ARTL’s strategic goal of expanding and strengthening its presence in the Roads sector.

Saatvik Green Energy’s material subsidiary i.e., Saatvik Solar Industries has received and accepted an order aggregating to Rs 44.10 crore from one renowned Independent Power producer/EPC Player for supply of solar PV modules. The order will be executed by March 2026.

Trishakti Industries has secured a significant work order worth Rs 42 lakh from Larsen and Toubro for the deployment of advanced machinery and skilled manpower at one of their flagship project sites. The said order is expected to be completed in 5 months.

Dilip Buildcon has been declared as L-1 bidder for the tender floated by the Narmada Water Resources Water Supply & Kalpasar Department, Government of Gujarat for Construction of the Flood Protection Embankment on river Narmada, District Bharuch (Engineering, Procurement and Construction Basis-EPC). Project awarded cost excluding GST is Rs 702 crore.

Bharat Heavy Electricals (BHEL) has received a Letter of Acceptance from Steel Authority of India (SAIL) for Captive Power Plant (CPP) (Pkg. No. CPP-1) of 4.08 MTPA CS expansion of SAIL, IISCO Steel Plant, Burnpur. A significant industry order valued in the range of Rs 1200 crore- Rs 1500 crore excluding GST.

Adani Green Energy’s wholly-owned subsidiary -- Adani Renewable Energy Holding Eleven (AREH11L), has incorporated a wholly-owned subsidiary, namely, Skyspin Energy (SEL) on February 17, 2026. The main objective of SEL is to generate, develop, transform, distribute, transmit, sale, supply any kind of power or electrical energy using wind energy, solar energy or other renewable sources of energy.

Swelect Energy Systems has received approval for the proposal to have a strategic partnership with the FortifyGrid LLC, USA, to form a Joint Venture Company in India to focus on development and installation of Solar BESS, that will further strengthen the company’s foothold in the BESS business ecosystem in international market in line with the company’s strategic goals. The Investment Committee of the Board of Directors at their meeting held on February 17, 2026 have approved the same.

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