H.G. Infra Engineering has been declared as successful bidder by the REC Power Development and Consultancy (A wholly owned subsidiary of REC) as the transmission service provider through tariff based competitive bidding process to establish inter-state transmission system for ‘WR-ER Inter Regional Network Expansion Scheme - Part C’ in the state of Jharkhand for 35 years. The project is to be completed within 30 months. The project carries annual transmission charges of Rs 114.53 crore.
Larsen & Toubro’s (L&T) business unit -- L&T Electronic Products & Systems (LTEPS) has entered into a strategic partnership with global electric propulsion technology company EVR Motors, to jointly develop, manufacture and deploy next generation EV traction motors for the Indian market. The collaboration brings together L&T’s deep engineering, systems integration and manufacturing expertise with EVR Motors’ breakthrough traction motor technology. The partnership aligns with Government of India’s Make in India and Aatmanirbhar Bharat initiatives.
HCL Technologies (HCLTech) has launched an autonomous finance platform that transforms core finance and accounting operations using Google Cloud’s Gemini Enterprise. While enterprises make significant investments in core ERP and SaaS platforms, finance and accounting operations continue to rely heavily on manual intervention. The new platform is designed to address this gap by enabling finance processes to operate with a high degree of autonomy and intelligence, while integrating seamlessly with existing technology systems.
Bharat Electronics (BEL) has signed a Memorandum of Understanding (MoU) with Foundation for Science, Innovation and Development (FSID), established by Indian Institute of Science (IISc) Bengaluru to collaborate on innovation and technology development initiatives under BEL’s Corporate Innovation Program (CIP) fostering collaboration with Startups/Academia/MSMEs. The MoU underscores BEL’s commitment to advancing indigenous technological capabilities in aerospace and defence sectors. By partnering with FSID-IISc, BEL seeks to leverage leading innovation and cutting-edge R&D to enhance the country’s strategic and operational capabilities in aerospace and defence.
Wipro has expanded partnership with ServiceNow to implement and scale the impact of agentic AI workflows across core enterprise functions such as IT, HR, procurement, and cybersecurity. Under this expanded partnership, Wipro will integrate Wipro Intelligence, its unified suite of AI-powered platforms, solutions, and transformative offerings, with the ServiceNow AI Platform enabling organizations to streamline the initiation, orchestration, and execution of work across enterprise systems.
ACME Solar Holdings’ wholly owned subsidiary -- ACME Surya Power has commissioned the additional 34.598 MW / 155.493 MWh capacity of Battery Energy Storage System (BESS) Project located at Village: Jaimalsar, Dist: Bikaner, State: Rajasthan on May 27, 2026. The Commercial operation date (COD) for the same shall be May 29, 2026. With this, ACME Surya Power has achieved a cumulative commissioned capacity of 245.536 MW / 1103.392 MWh.
Oil India’s wholly owned subsidiary -- OIL Green Energy (OGEL) has signed a joint venture agreement (JVA) with Hindustan Waste Treatment (HWT), a wholly owned subsidiary of SFC Environmental Technologies, to collaborate in the development of integrated bioenergy and sustainable waste management projects in India. The partnership envisages formation of a 50:50 joint venture company to pursue opportunities in compressed biogas (CBG), waste-to-energy and allied sustainable infrastructure projects aligned with India’s clean energy transition and circular economy objectives.
