News Overview

This development comes after Adani Power’s earlier success in securing an initial 800 MW capacity in the bidding process.

The stated long-term investment will support the launch of 1,455 air conditioned electric buses in Assam, Maharashtra, and Gujarat.

This reflects investor confidence in the company’s major role in the Indian renewable energy sector as a leading financier.

The company also informed that the execution of this contract is expected between December 2025 to September 2026.

Ashok Leyland expects demand for diesel vehicles to benefit from the recent cut in GST rates, with tax on diesel trucks reduced from 28% to 18%.

ARTL has confirmed that the acquisition cost will be at an enterprise value not exceeding ₹1,342 crore as of September 30, 2025.

RailTel has secured a ₹70.94-crore order from Nashik Municipal Smart City Development Corporation Ltd.

The company will transfer these assets at the book value that is existing on the closing date of their respective power purchase agreements.

The company will develop Rajasthan Mandapam Convention Centre, Unity Mall and allied commercial and cultural infrastructure.

The energy business plans to achieve 30 MW of generation and 40GWh of storage capacity by 2030. It also plans to achieve carbon neutrality by 2050.