Bharat Heavy Electricals Limited (BHEL) has approved a capital investment of approximately ₹500 crores to establish additional manufacturing facilities for thermal and nuclear power sets at its Heavy Electrical Equipment Plant (HEEP) in Haridwar, Uttarakhand. The Board of Directors of BHEL have approved the investment proposal at its meeting held on 14th October 2026. The proposed investment is aimed at expansion of its manufacturing facilities at the Haridwar unit for equipment used in thermal and nuclear power generation. BHEL Plans to Expand Manufacturing Capabilities The proposed capital expenditure will support the development of additional manufacturing facilities at BHEL’s HEEP unit…
Author: Ranganathan
TKIL Industries has signed a Memorandum of Understanding (MoU) with The Energy and Resources Institute (TERI) to explore collaboration in sustainability, corporate social responsibility (CSR) and advanced green technologies, with green hydrogen emerging as a key area of discussion. The MoU was signed by Vivek Bhatia, Managing Director and CEO of TKIL Industries, and Dr Vibha Dhawan, Director General of TERI, at TERI’s India Habitat Centre (IHC) office in the presence of senior representatives from both organizations. Green Hydrogen Adoption in Focus Discussions between the two organizations highlighted the opportunities and challenges associated with scaling hydrogen adoption in India. The…
Young Indians are entering the car market earlier, spending more on their first vehicles and increasingly opting for models with better features. Access to financing, greater confidence in the resale market and a wider choice of vehicles are reshaping what first-time buyers expect from their first car. The idea of a first car is changing. While earlier generations often prioritized affordability when buying their first vehicle, younger buyers are taking a broader view, weighing lifestyle needs, comfort and long-term value alongside the purchase price. They want a car that can do more than meet basic mobility needs, serving everything from…
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KEC International secures fresh India T&D orders, including its first 765 kV transmission line project for power evacuation from a pumped storage plant in Western India. KEC orders worth ₹1,014 crores have strengthened the company’s India Transmission and Distribution (T&D) business, with the latest wins including its first order for setting up a 765 kV transmission line to evacuate power from a pumped storage plant (PSP) in Western India. The development marks an important milestone for KEC International Ltd. as power infrastructure requirements evolve alongside the expansion of renewable energy. A First 765 kV Transmission Line Order The 765 kV…
Lumino Industries has secured new orders worth ₹496 crores since its stock market listing on 03rd September, 2026, adding fresh momentum to its power infrastructure business. The order wins span two key segments, with ₹339 crores coming from the manufacturing of conductors and cables and ₹157 crores from engineering, procurement and construction (EPC) work involving underground distribution network upgrades. Manufacturing Orders Account for 68% of New Wins Manufacturing orders account for approximately 68% of the total order value, amounting to ₹339 crores. These orders cover the company’s range of conductors and cables, serving customers in the power transmission and distribution…
Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited recorded strong project execution in Q2 FY27, commissioning 419 MW of utility-scale capacity. This represented year-on-year growth of more than 130% compared with the 182 MW executed in the corresponding quarter of the previous fiscal year. The company also executed 131.2 MWh of battery storage projects during the quarter. This included 101.2 MWh of storage capacity for Tata Power Renewables’ own requirements and 30 MWh delivered for third-party customers. During the first half of FY27, Tata Power Renewables commissioned a total of 645 MW of utility-scale projects…
Kalpataru Projects International Limited (KPIL) has strengthened its order pipeline with fresh wins worth approximately ₹2,225 crores, spanning its Power Transmission & Distribution business in India and international markets. The announcement includes orders and letters of comfort worth around ₹2,031 crores for the T&D business, while its Swedish subsidiary, Linjemontage i Grästorp AB has secured an additional order valued at approximately ₹194 crores. Manish Mohnot, MD & CEO, KPIL said: “We are pleased to announce new order wins in our T&D (Transmission & Distribution) business, which reflect a strong endorsement of our execution capabilities, technical expertise, and growing customer confidence.…
The journey to Mercury places extraordinary demands on the electronic systems aboard ESA’s BepiColombo spacecraft. Exxelia has confirmed that its film capacitors, common mode chokes and power inductors are among the components integrated into critical onboard electronics. Their functions include managing power conversion, filtering electrical interference and supporting electromagnetic compatibility (EMC), all essential considerations when systems must operate reliably far from Earth. Launched in 2018, BepiColombo is a joint mission of the European Space Agency (ESA) and the Japan Aerospace Exploration Agency (JAXA). Its scientific objectives include investigating Mercury’s internal structure, surface composition, magnetic field and interaction with the Sun.…
Solar Energy Corporation of India (SECI) has set a revenue from operations target of ₹24,000 crores for FY2026-27 under its annual performance-based Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy (MNRE). The SECI roadmap also outlines targets for renewable energy trading, capital expenditure, project execution and financial performance. SECI’s FY27 Targets Extend Beyond Revenue Alongside the revenue target, SECI aims to trade 80,000 million units (MU) of renewable energy and incur capital expenditure of ₹2,825 crores. The MoU also sets an earnings before interest, taxes, depreciation and amortization (EBITDA) target of ₹1,223 crores, a 19% return…
Oswal Pumps Limited, one of India’s leading manufacturers of solar pumping systems, solar modules and electric motors has announced plans to establish a 1.2 GW solar cell manufacturing facility through its wholly owned subsidiary, Oswal Solar Energy Private Limited (OSEPL). The subsidiary’s Board of Directors has approved the proposed facility, which will use TOPCon (Tunnel Oxide Passivated Contact) technology. Commercial production at the facility is expected to begin by April 2028. The entire output is intended for captive consumption at OSEPL’s in-house solar module manufacturing lines. The proposed facility aims to ensure a steady and reliable supply of domestic content…
India’s customs authorities have clarified that stationary and industrial battery energy storage systems can qualify for a concessional 10% basic customs duty rate, removing uncertainty over their classification as power banks. India’s battery energy storage sector has received an important customs clarification that could help reduce uncertainty for businesses importing large-scale storage systems. The Central Board of Indirect Taxes and Customs (CBIC) under the Ministry of Finance has clarified that stationary, grid-scale and industrial lithium-ion Battery Energy Storage Systems (BESS) are not covered by the “Power Bank” exclusion under the relevant customs notification. These systems when classified under tariff item…