NTPC Green Energy’s wholly owned subsidiary -- NTPC Renewable Energy (NTPC REL) has emerged as a successful bidder in the e-reverse auction conducted by Solar Energy Corporation of India (SECI) for Selection of RE Power Developers for Assured Peak Supply of 6000 MWh (1500 MW x 4 Hrs.) from ISTS-Connected RE Projects in India, under Tariff-Based Competitive Bidding (SECI-FDRE-IX).
JTL Industries’ subsidiaryv-- JTL Engineering is planning to undertake a capital expenditure of around Rs 15 crore to expand its narrow-width HR coil manufacturing capacity. The planned expansion will double JTL Engineering’s HR coil manufacturing capacity from the current 5,000 MT per month to 10,000 MT per month. The expanded facility is expected to be commissioned in Q4 FY27.
Power Grid Corporation of India has been declared as successful bidder under Tariff Based Competitive Bidding to establish Inter-State Transmission System for the project namely ‘Transmission system for Integration of Power from RE Projects in Jam Khambhaliya REZ in Gujarat - Phase II (5500MW) and Jamnagar Phase-I (1000 MW)’ on Build, Own, Operate and Transfer (BOOT) basis, at a discovered tariff of Rs 822.91 crore per annum.
Titagarh Rail Systems (TRSL) has inaugurated its new Design & Operations Centre at its Passenger Rail Systems (PRS) facility in Uttarpara, West Bengal. This significant step marks an important step in Titagarh’s journey towards strengthening its in-house design, engineering and operational capabilities. The facility will serve as a hub for advanced engineering, design-led innovation and technology development, supporting Titagarh’s growing portfolio across passenger rail systems.
B.R.Goyal Infrastructure has received a work order from the National Highways Authority of India (NHAI) for the engagement of user fee agency through e-Tender for Jajau Fee Plaza in the state of Madhya Pradesh. The accepted value of the said work order is Rs 151.06 crore. The said work order is for period of 1 year.
Pace Digitek has incorporated wholly owned subsidiary (WOS) in India under the name ‘TransgreenX Asset Holdco’. The said WOS has been incorporated to carry on the business related to act as an asset-holding and project development company engaged in the identification, acquisition, development, ownership, operation, and management of energy and infrastructure projects, either directly or through Special Purpose Vehicles (SPVs), subsidiaries, joint ventures, or any other appropriate structure; to participate, bid for, and implement Government and Private sector projects under Build-Own Operate, Build-Own-Operate-Transfer, or any other public-private partnership.
Innova Captab’s board has approved a brownfield expansion of the existing Baddi manufacturing facility situated at Jharmajri, Baddi, Himachal Pradesh, within the same premises. The company plans to add 2 oral solid dosage (Tablets/Capsules) production lines with an investment of around Rs 45 crore. The proposed capacity is expected to be completed within around 18 to 22 months. The proposed expansion project will be financed through a combination of bank credit facilities and company's internal accruals.