Power Sector

On June 17, 2022, Aurobindo purchased a 51% share in GLS Pharma from entrepreneur Suresh Pathak and his family members.

The 550 MW LoI is in addition to the company's prior order of 200 MW, bringing Inox Wind's order book to more than 3.5GW.

Reliance Power, Rosa Power Supply Company, VIPL, and CFM Asset Reconstruction Private Limited have signed a pact to settle outstanding debt.

The two firms represent a total capacity of 1,000 MW in standalone BESS projects granted through SECI's global competitive bidding process.

The facility is outfitted with modern TOPCon and Mono Perc technologies, allowing for high-efficiency manufacture of solar cells and modules.

Techno Electric & Engineering Company Ltd said on Friday (16 August) that it has teamed with Indigrid to jointly construct two of Indigrid's greenfield Interstate Transmission System (ISTS) projects.

Genus Power Infrastructures Ltd.'s shares are trading at a 5% premium after its wholly-owned subsidiary received three Letters of Award.

In the first quarter of this fiscal, EBITDA decreased by 2.8% to ₹1,462.6 Crore compared to ₹1,504.6 Crore in the same period last year.

The board of directors authorised Shveta Arya's appointment as an additional director and managing director designate of the company.

According to the company, the GDSs program and its partnership with Citibank will be terminated due to a lack of activity in recent years.