INFRASTRUCTURE
OIL Targets 10-12 MMTOE Production By 2030, Expands Energy Push
Oil India Ltd (OIL) is strengthening its role in India’s energy security through full-value-chain integration, with a continued focus on upstream growth, midstream infrastructure, petrochemicals, city gas distribution, offshore exploration and energy-transition opportunities. In a letter to shareholders, OIL Chairman and Managing Director Ranjit Rath said the company is targeting 10-12 MMTOE of production by […]
CW Bureau
·
Aug 25, 2026
MANUFACTURING
Welspun Bags Record $1.8-Bn Pipe Order, Global Order Book Hits $4.4 Bn
Welspun Corp Ltd has secured the largest single order in its history, valued at approximately $1.8 billion (₹17,200 crore), for the supply of pipes from its manufacturing facility in the United States. Record order The landmark order will be executed during FY2028 and FY2029, marking a defining milestone in Welspun Corp’s global growth trajectory and […]
CW Bureau
·
Aug 21, 2026
INFRASTRUCTURE
Adani Energy Solutions To Acquire 100% IntelliSmart Stake For ₹3,050 Cr
Adani Energy Solutions Ltd. (AESL) has signed a binding securities purchase and subscription agreement to acquire a 100% equity stake in IntelliSmart Infrastructure Pvt. Ltd., along with the redemption of optionally convertible debentures of Intellismart held by NIIF, for an enterprise value of ₹3,050 crore. The acquisition is expected to strengthen AESL’s position in the […]
CW Bureau
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Jun 9, 2026
INFRASTRUCTURE
PNGRB Bets Big On Pipeline Build-Out To Transform LPG Logistics By 2030
The Petroleum and Natural Gas Regulatory Board (PNGRB) has kicked off a large-scale bidding process to develop Liquefied Petroleum Gas (LPG) pipeline infrastructure, in a decisive move to phase out bulk LPG transportation by road. Strengthening safety, efficiency and supply securityThe proposed pipeline network is aimed at enhancing the reliability, safety and efficiency of LPG […]
CW Bureau
·
Apr 17, 2026
STARTUP/TECHNOLOGY
Lineage Power Secures ₹159-Cr Energy Storage Contract from Reliance
Lineage Power Pvt. Ltd., the material subsidiary of Pace Digitek Ltd, has secured a ₹159-crore purchase order from Reliance Industries Ltd for the supply of high-capacity lithium-ion battery packs. Under the agreement, Lineage Power will manufacture and supply 50,000 units of 48V 15S1P 314Ah lithium-ion battery packs. These industrial-grade systems are designed to provide backup […]
CW Bureau
·
Feb 24, 2026
